In 2023, the volume of odoriferous substances for the food or drink industries in the UK was 272.5 million kilograms. From the projected data, we see a steady growth from 2024 to 2028 with an estimated compound annual growth rate (CAGR) of approximately 3.05%. Specifically, the market size is expected to grow year-on-year, with 3.35% growth in 2024, 3.36% in 2025, 3.18% in 2026, and 3.01% in 2027.

Future trends to watch for:

Increased demand for natural and organic odoriferous substances driven by consumer preferences for clean labels.
Technological advancements in flavor extraction and synthesis techniques.
The influence of regulatory changes on the composition and use of these substances in food and beverages.