Between 2013 and 2023, Israel's market size value per capita for mixed odoriferous substances in the food and drink industries fluctuated, peaking in 2013 at $18.37 and dipping to $15.47 in 2020. By 2023, the value was $16.13, indicating a minor recovery from this low point. Year-on-year variations showed a general decrease with annual fluctuations, while the compound annual growth rate (CAGR) over the last five years was relatively stable with minor declines.
Future trends to watch for include the increasing demand for natural flavors, health-conscious consumers driving reformulation efforts, and potential regulatory changes in food ingredients, which could impact market dynamics.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 73.62 | 2023 | View data | ||
| 2 | 2 Sweden | 49.3 | 2023 | View data | ||
| 3 | 3 Spain | 46.57 | 2023 | View data | ||
| 4 | 4 Canada | 43.75 | 2023 | View data | ||
| 5 | 5 United Kingdom | 43.64 | 2023 | View data | ||
| 18 | 18 Malta | 19.24 | 2023 | View data | ||
| 19 | 19 Hungary | 18.4 | 2023 | View data | ||
| 20 | 20 Israel | 16.13 | 2023 | |||
| 21 | 21 Latvia | 16.08 | 2023 | View data | ||
| 22 | 22 Chile | 12.8 | 2023 | View data | ||
