Top Natural Flavor Extract Companies

Global Natural Flavor Extract Market size was valued at USD 5.15 Billion in 2023, expected to grow from USD 5.46 Billion in 2024 to USD 8.83 Billion by 2032 at a CAGR of 6.2% in the forecast period (2025-2032).

The international flavor houses command the fiercely competitive and somewhat consolidated natural flavor extract market. Among its many ranges, plant and botanical flavors would place it head and shoulders above the rest-Givaudan in the market. Firmenich and IFF (International Flavors & Fragrances) are the fiercest rivals in the market for fermentation-based technology and vertically integrated natural ingredients. Symrise uses sustainable sourcing and green extraction. 'Givaudan', 'Firmenich', 'International Flavors & Fragrances (IFF)', 'Symrise', 'Kerry Group', 'Sensient Technologies', 'Takasago International', 'Mane', 'Robertet', 'T. Hasegawa', 'McCormick & Company', 'Döhler', 'ADM (Archer Daniels Midland)'

Two important factors fueling all this development are consumers' preferences for "clean label" products and increased awareness of synthetic ingredients. As consumers look for natural and less processed ingredients, it becomes more natural for beverages and food companies to adopt botanical and plant-based flavor extracts. Health-conscious consumers are so major that almost all major brands formed natural flavor lines from 2024 to 2025, accelerating the momentum.

Biotechnology and Fermentation Flavors: From 2024 to 2025, the production of natural flavor molecules through fermentation and biotechnology will be the essential trend. Firmenich and IFF are some of the companies that have implemented microbial fermentation to synthesize rare plant notes (for example, vanilla and jasmine) to help save resources. Such technologies with microbial net-zero carbon dioxide emission can not only claim clean-label position for the rare plant notes but also allow for reduction in dependence on extraneous sources of raw materials having irregular growing seasons as well as safeguarding traceability.

Which Products Are Fueling Demand for Natural Extracts in North America?