Dublin, Jan. 22, 2025 (GLOBE NEWSWIRE) — The “Biotech Flavors – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Biotech Flavors was estimated at US$1.2 Billion in 2023 and is projected to reach US$1.9 Billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Biotech flavors are revolutionizing the food and beverage industry by providing a sustainable and innovative approach to flavor production. Unlike traditional flavors derived from natural or artificial sources, biotech flavors are produced through microbial fermentation or bioconversion, which involves using genetically modified organisms (GMOs) or enzymes to replicate the taste of natural ingredients. As consumers increasingly demand natural and sustainable ingredients, biotech flavors are becoming a critical component for companies looking to align with health-conscious and eco-friendly trends in the market.
Recent technological advancements in biotech flavor production are driving significant growth and innovation in this market. The use of precision fermentation, gene editing, and synthetic biology is enabling the creation of complex and rare flavors that are otherwise difficult or costly to extract from natural sources. For instance, biotech companies are now able to produce rare flavors like vanilla and stevia in large quantities without depleting natural resources.
Additionally, innovations in metabolic engineering are improving the efficiency of flavor production, reducing both the time and costs involved. These technologies are also helping manufacturers develop flavors that meet the growing demand for clean-label products, as biotech flavors can be marketed as ‘natural’ when derived from fermentation processes.
What Factors Are Driving Growth?
The growth in the biotech flavors market is driven by several factors, including the increasing consumer demand for natural, sustainable, and clean-label products, as well as advancements in biotechnological processes such as fermentation and gene editing. The rising popularity of plant-based and functional foods is also contributing to the demand for innovative, naturally derived flavors.
Furthermore, regulatory support for biotechnologically produced flavors as a safer alternative to artificial flavors is bolstering market growth. The increasing investment in research and development (R&D) by flavor companies and the growing trend toward personalized nutrition are expected to further propel the biotech flavors market in the coming years.
Which Industries Are Driving the Demand for Biotech Flavors?
The primary industries driving the demand for biotech flavors include the food and beverage sector, where they are used in everything from snacks and beverages to dairy products and confectionery. As consumer preferences shift toward plant-based diets and organic products, biotech flavors are increasingly being used in plant-based meat alternatives, dairy-free products, and organic beverages.
The rise of functional foods, which offer health benefits beyond basic nutrition, has also accelerated the demand for biotech flavors that enhance taste without compromising on health claims. Moreover, the cosmetics and personal care industries are tapping into biotech flavors for natural and sustainable fragrances, aligning with the broader trend toward clean beauty.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Biotech Flavors Market such as Bell Flavors & Fragrances, Inc., Firmenich SA, Givaudan SA, International Flavors & Fragrances, Inc., Kerry Group Plc and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Vanilla & Vanillin Flavor segment, which is expected to reach US$872.9 Million by 2030 with a CAGR of a 7.1%. The Fruity Flavor segment is also set to grow at 7.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $319.5 Million in 2023, and China, forecasted to grow at an impressive 11.0% CAGR to reach $433.7 Million by 2030.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 323 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $1.2 Billion |
| Forecasted Market Value (USD) by 2030 | $1.9 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Biotech Flavors – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Consumer Demand for Natural and Clean-Label Flavor Ingredients
- Technological Innovations in Fermentation and Bioconversion for Flavor Production
- Increasing Adoption of Biotech Flavors in Plant-Based and Functional Foods
- Growing Focus on Sustainable and Eco-Friendly Flavor Solutions
- Expanding Applications of Biotech Flavors in Beverages, Snacks, and Dairy Products
- Cost Efficiency and Scalability of Biotech Flavors Versus Natural Extraction
- Impact of Consumer Health Trends on the Demand for Low-Sugar, Natural Sweeteners
- Regulatory Approvals and Support for Biotechnologically Produced Flavors
- Customization and Personalization of Flavors Driving Market Growth
- Emerging Markets Offering Opportunities for Biotech Flavor Expansion
FOCUS ON SELECT PLAYERS:Some of the 41 companies featured in this report include
- Bell Flavors & Fragrances, Inc.
- Firmenich SA
- Givaudan SA
- International Flavors & Fragrances, Inc.
- Kerry Group Plc
- Robertet SA
- Sensient Technologies Corporation
- Symrise AG
- T. Hasegawa Co., Ltd.
- Takasago International Corporation
For more information about this report visit https://www.researchandmarkets.com/r/kpueo6
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
