The market for odoriferous substances in the food and drink industries in Germany reached a volume of 71.62 million kilograms in 2023. Over the past decade, the market has seen fluctuations, with notable growth between 2016 and 2018 followed by a slight decline in 2019 and 2020. However, since then, there has been a steady upward trend. The year-on-year growth was 4.57% in 2023, continuing the positive momentum from a 5.9% increase in 2022. Over the last five years, the compound annual growth rate (CAGR) stands at 1.92%.
Future trends to watch for in the odoriferous substances market include the increasing demand for natural flavorings as consumers seek healthier and more sustainable food options. Additionally, technological advancements in extraction and synthesis could lead to innovative product offerings, further driving market growth.
How does Germany rank in Odoriferous Substances for the Food or Drink Industries Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 271,160,000 | 2023 | +3.38% | +5.86% | View data |
| 2 | 2 Germany | 71,620,000 | 2023 | +4.57% | +1.92% | |
| 3 | 3 France | 40,295,000 | 2023 | +2.75% | +6.92% | View data |
| 4 | 4 Poland | 32,644,000 | 2023 | +1.47% | +0.51% | View data |
| 5 | 5 Austria | 17,809,000 | 2023 | +2.62% | +1.25% | View data |
