France Food Flavor and Enhancer Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.14 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
France Food Flavor and Enhancer Market Analysis
The France food flavor and enhancer market is estimated to be valued at USD 946.87 Million in 2020 and is projected to grow at a CAGR of 4.14% during the forecast period (2021- 2026).
- France is one of the leading importers of food ingredients. The country has a large food processing sector and an important re-exporter of natural ingredients to other European countries. Further, the demand for organic and natural products is high in the country, giving ample room for food manufacturers to target consumers with such labels. The growing demand for functional foods can witness the withdrawal signs in terms of synthetic food flavors and the adaptation of naturals.
- The increasing consumer interest in nutritionally enriched products and all-natural foods is promoting the demand for high-value premium and natural additives, expanding the demand for natural flavors in the country. The trend also justifies the emerging trend of botanical flavors in the country, which is primarily perceived as healthy among the country's consumers.
- In France, the export of fruits and vegetables decreased significantly after lockdowns were imposed late March 2020, largely because of high air freight charges. Therefore, the export restrictions have a direct impact on prices of the agricultural commodities including fruits and vegetables, which will automictically have a negative price effect on its processed products such as food flavours primarily natural food flavors.
France Food Flavor and Enhancer Market Trends
This section covers the major market trends shaping the France Food Flavor & Enhancer Market according to our research experts:
Rising Demand for Processed Food Products
Owing to the fast-paced lifestyle of the generation, the French consumers are increasingly inclining toward convenience food products, including instant soups, sauces, noodles, baked goods, and other ready meals, owing to their instant nature, i.e., lesser preparation time and easy handling.
Moreover, RTE products, such as instant noodles, ice creams, ready-to-cook meat products, and soups, are a few of the most vulnerable food cuisines to be experimented with based on flavors. The country's consumers are continually looking for different flavors to try while purchasing instant noodles, such as hot & spicy and chicken flavors. Therefore factors such as these are driving the food flavor and enhancer market in France
Growing Application of Flavors in Bakery
With the growth of the bakery market, healthier options that meet dietary restrictions with more versatile food flavours such as nuts, fruits and vegetable-derived flavors have also been a strong trend among the French consumers, which is one of the major factor driving the application of food flavour and enhancer market in the bakery and confectionery segment of the country.
Further, Synergy has identified lavender, yuzu and molasses as flavors that will inspire innovation. For bakery specifically, a constant need for sweet brown flavours adding the sense of indulgence and sweetness is high in demand. Also, Synergy flavors created molasses-filled sandwich cookies, showcasing a true-to-nature molasses flavor profile.
France Food Flavor and Enhancer Industry Overview
The leading players in the market enjoy a dominant presence across the region. The French food flavor and enhancer market is significantly competitive, with the presence of major players, like Givaudan, Corbion, ADM, International Flavors and Fragrances Inc., and Kerry PLC.
The key players are planning to leverage the opportunities posed by emerging segments to expand their product portfolio, so that they can cater to the requirements for various trending product categories, like natural, organic, plant-based, and non-GMO. In order to sustain themselves in such competitive markets, key players follow strict guidelines, in terms of production. Apart from this, they enter long-term agreement partnerships with their clients.
France Food Flavor and Enhancer Market Leaders
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Firmenich SA
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Kerry Group PLC
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International Flavors & Fragrances Inc.
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Sensient Technologies Corporation
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Symrise AG
*Disclaimer: Major Players sorted in no particular order
France Food Flavor and Enhancer Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Food Flavors
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5.1.1.1 Natural Flavors
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5.1.1.2 Synthetic Flavors
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5.1.1.3 Natural Identical Flavors
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5.1.2 Enhancers
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5.2 By Application
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5.2.1 Bakery Product
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5.2.2 Sauces, Soups, and Condiments
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5.2.3 Dairy Product
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5.2.4 Savory Snacks
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5.2.5 Meat and Meat Products
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5.2.6 Beverages
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5.2.6.1 Alcoholic Beverages
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5.2.6.2 Non-alcoholic Beverages
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5.2.6.2.1 Carbonated Beverages
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5.2.6.2.2 Fruit and Vegetable Juice
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5.2.6.2.3 Sports and Energy Drinks
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5.2.6.2.4 Other Non-alcoholic Beverages
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5.2.7 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Givaudan SA
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6.4.2 Firmenich SA_
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6.4.3 Kerry Group PLC_
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6.4.4 International Flavors and Fragrances Inc.
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6.4.5 Sensient Technologies Corporation_
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6.4.6 Symrise AG
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6.4.7 Glanbia PLC
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6.4.8 Archer Daniels Midland Company
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6.4.9 Corbion NV
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6.4.10 BASF SE
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19 ON THE MARKET
France Food Flavor and Enhancer Industry Segmentation
France food flavor and enhancer market is segmented by product type, which includes flavors and enhancers. By flavor, the market is further segmented into natural flavors, synthetic flavors, and natural identical flavors.
By application, the study's scope includes bakery products, sauces, soups, condiments, dairy products, beverages, savory snacks, meat and meat products, and other applications.
The beverages segment has been further bifurcated into alcoholic and non-alcoholic beverages. Non-alcoholic beverages are sub-segmented into carbonated beverages, fruit and vegetable juice, sports and energy drinks, and other non-alcoholic beverages.
| By Product Type | |||||
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| Enhancers |
| By Application | |||||||||
| Bakery Product | |||||||||
| Sauces, Soups, and Condiments | |||||||||
| Dairy Product | |||||||||
| Savory Snacks | |||||||||
| Meat and Meat Products | |||||||||
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| Others |
France Food Flavor and Enhancer Market Research FAQs
What is the current France Food Flavor and Enhancer Market size?
The France Food Flavor and Enhancer Market is projected to register a CAGR of 4.14% during the forecast period (2024-2029)
Who are the key players in France Food Flavor and Enhancer Market?
Firmenich SA , Kerry Group PLC , International Flavors & Fragrances Inc. , Sensient Technologies Corporation and Symrise AG are the major companies operating in the France Food Flavor and Enhancer Market.
What years does this France Food Flavor and Enhancer Market cover?
The report covers the France Food Flavor and Enhancer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the France Food Flavor and Enhancer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
France Food Flavor and Enhancer Industry Report
Statistics for the 2024 France Food Flavor and Enhancer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. France Food Flavor and Enhancer analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
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