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Global Overview of the Flavours and Fragrances Market

  • ial
  • Sep 4
  • 3 min read

Updated: Oct 14

15th Edition


Publication: September 2025

This new IAL market report brings together the most up-to-date information available on the Global Flavours and Fragrances Industry, building on previous editions.

 

Aspects of the market covered in this study

  • Consumption of flavours and fragrances by end-use application in each global region and country by value (US$), 2024-2029

  • Principal trends and factors affecting the market

  • Profiles of key suppliers

  • Overview of suppliers and global market shares

  • Top-level analysis of market volumes and prices

  • Analysis of natural vs. synthetic


The report covers the following end-use sectors:


Flavours

Beverages, Confectionery, Bakery, Snacks, Savoury/Convenience, Meat, Dairy, Oral/Pharmaceutical, Other (including animal feeds, tobacco etc.)


Fragrances

Fine Fragrances, Cosmetics & Toiletries, Soap & Detergents, Household Cleaners & Air Fresheners, Other (including candles, aromatherapy, insecticides etc.)


Market Summary

The total global market for flavours and fragrances (for the countries covered by IAL)

is valued for 2024 at US$ 39,6 million, with flavours accounting for 56% and

fragrances for 44% overall. The market grew by 5.3% overall compared to 2023, with

4.9% growth for flavours and 6% for fragrances. This was a substantial acceleration

compared to 2023 and reflected the industry’s ‘typical’ growth trajectory, backed by

strong consumer spending.


On a regional basis, the highest growth rates were recorded in Asia-Pacific, Eastern

Europe and Africa. The lowest growth was the mature markets of Australasia and

Western Europe, but these were still healthily positive


Geographical Scope


VOL 1: EUROPE, MIDDLE EAST & AFRICA

Western Europe: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, Other WE

Central & Eastern Europe: Belarus, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine, Other EE

Africa/Middle East: Algeria, Angola, Cameroon, Congo DR, Egypt, Ethiopia, Ghana, Iran, Iraq, Israel, Ivory Coast, Jordan, Kenya, Kuwait, Lebanon, Morocco, Mozambique, Nigeria, Oman, Qatar, Saudi Arabia, Senegal, South Africa, Syria, Tanzania, Tunisia, UAE, Uganda, Zambia, Zimbabwe, Other Africa


VOL 2: THE AMERICAS

North America: USA, Canada, Mexico

South America: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela, Other SA

Central America & Caribbean: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Caribbean


VOL 3: ASIA PACIFIC

East Asia:  China, Japan, South Korea, Taiwan, Other EA

Central Asia:  Azerbaijan, Kazakhstan

South Asia:  Bangladesh, India, Pakistan, Sri Lanka

Southeast Asia:  Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, Other SEA

Oceania:  Australia, New Zealand, Other Oceania


Detailed Product Categories

A further breakdown is provided for each end-use category, by country, in 2024, for both flavours and fragrances.

 

FLAVOURS

  • Bakery – Baked Goods (Bread, Biscuits/Cookies and Other), Cereals, Others

  • Beverages – Alcoholic (Spirits and Other), Carbonated, Specialty Soft, Hot, Juices & Nectars, Powdered

  • Confectionery – Chewing Gum, Chocolate, Sugar Confectionery

  • Dairy – Cheese/Cream Cheese, Ice Cream, Milk/Dairy Drinks, Others, Yoghurt, Dairy Alternatives, RTE Chilled Desserts

  • Meat/Fish – Canned/Preserved, Chilled Processed, Frozen, Meat Alternatives

  • Oral/Pharma – Oral Care, Pharma

  • Others – Animal Feed, Infant, Pet Food, Tobacco

  • Savoury – Fats/Oils, Noodles, Ready Meals, Sauces/Dressings/Condiments, Soups

  • Snacks – Crisps, Other Snacks

 

FRAGRANCES

  • Cosmetics & Toiletries – Body Care, Cosmetics, Hair Care, Hygiene, Shaving Products

  • Fine Fragrances – Men’s, Women’s, Unisex

  • Household – Air Fresheners, Bathroom, Dishwashing, Floor, Kitchen, Window Cleaning

  • Other – Aromatherapy, Insecticides, Others, Scented Candles

  • Soap & Detergents – Fabric Detergents, Fabric Softeners, Washing Powders, Washing Soaps

 

Flavour Tonalities

IAL also provides a breakdown of the flavours market by tonality, covering the following tonalities for each end-use sector, in each country, in 2024 (where applicable):


  • Citrus

  • Vanilla

  • Brown (Chocolate, Nut, Caramel, etc.)

  • Coffee/Tea

  • Flowers/Herbs/Spices

  • Other Fruit (Red, Tropical)

  • Vegetable

  • Meat/Seafood

  • Mint

  • Dairy

  • Other

 

The data, with accompanying trends and background information, are offered in a separate volume, which is only available with purchases of the full global Flavours and Fragrances report. Data are in US$ and are for 2024 only.

 

A more comprehensive breakdown of the contents is provided in the file attached of this leaflet.


 

 










For more information, please contact ial@brggroup.com


IAL Consultants (A Division of BRG Enterprise Solutions Ltd)

CP House, 97-107 Uxbridge Road, Ealing, London W5 5TL

Tel: +44 (0) 20 8832 7780

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