Top 10 Companies in the Ethyl Maltol(CAS 4940-11-8) Market (2025): Flavor Leaders Enhancing Global Food & Fragrance

In Business Insights
December 14, 2025


The Global Ethyl Maltol Market was valued at USD 258.7 Million in 2024 and is projected to reach USD 365.1 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This robust growth is fueled by rising consumer demand for enhanced flavor profiles in processed foods, beverages, and confectionery, coupled with the ingredient’s expanding use in personal care and pharmaceutical formulations.

As the food and fragrance industries increasingly prioritize clean-label ingredients and intense, natural-tasting flavors, the role of high-quality flavor enhancers like ethyl maltol becomes paramount. In this blog, we profile the Top 10 Companies in the Ethyl Maltol Industry—a combination of established chemical giants and specialized producers shaping the sensory experiences of consumer products worldwide.

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Global Ethyl Maltol(CAS 4940-11-8) Market – View in Detailed Research Report


🔟 1. Anhui Jinhe Industrial Co., Ltd.

Headquarters: Bengbu, Anhui, China
Key Offering: Ethyl Maltol Above 99.0%, Ethyl Maltol Above 99.2%

Anhui Jinhe Industrial is a global leader in the production of food additives and aroma chemicals, with ethyl maltol being one of its flagship products. The company boasts significant production capacity and a vast distribution network, supplying major global food, beverage, and flavor houses.

Key Strengths and Initiatives:

  • Vertically integrated production from raw materials to finished products

  • Strong focus on R&D for process optimization and purity enhancement

  • Certifications compliant with international food safety standards (ISO, FSSC 22000)


9️⃣ 2. Beijing Tianlihai Chemicals Co., Ltd.

Headquarters: Beijing, China
Key Offering: High-Purity Ethyl Maltol, Maltol

Beijing Tianlihai Chemicals is a specialized manufacturer of food additives, with a strong reputation for producing high-purity ethyl maltol. The company serves a diverse clientele across the food, pharmaceutical, and cosmetic industries with a commitment to stringent quality control.

Key Strengths and Initiatives:

  • Dedicated production lines for high-grade ethyl maltol (99.2%+ purity)

  • Active in developing customized product grades for specific application needs

  • Continuous investment in advanced purification technologies


8️⃣ 3. Zhaoqing Perfumery Co., Ltd.

Headquarters: Zhaoqing, Guangdong, China
Key Offering: Ethyl Maltol, Maltol, and other synthetic aroma chemicals

With decades of experience, Zhaoqing Perfumery is a key player in the aroma chemicals market. Its ethyl maltol is widely used to impart a sweet, fruity, and jam-like aroma in various end-use products, making it a preferred supplier for many flavor and fragrance companies.

Key Strengths and Initiatives:

  • Long-standing expertise in the synthesis of pyrones (the chemical family of ethyl maltol)

  • Strong export-oriented business model with a global customer base

  • Focus on sustainable manufacturing practices and waste reduction

Download FREE Sample Report:
Global Ethyl Maltol(CAS 4940-11-8) Market – View in Detailed Research Report


7️⃣ 4. Foodchem International Corporation

Headquarters: Shanghai, China
Key Offering: Food-grade Ethyl Maltol, Kosher & Halal certified options

Foodchem is a leading global supplier of food ingredients and additives, acting as a crucial link between manufacturers and end-users. The company provides ethyl maltol that meets various international quality standards, ensuring reliability for its diverse clientele.

Key Strengths and Initiatives:

  • Extensive logistics and supply chain capabilities for global delivery

  • Provides comprehensive technical support and documentation for regulatory compliance

  • Offers a wide range of certifications to cater to specific market requirements


6️⃣ 5. Xiamen Bestally Biotechnology Co., Ltd.

Headquarters: Xiamen, Fujian, China
Key Offering: Ethyl Maltol, Natural Analogues, Biotechnology-derived Flavors

Xiamen Bestally Biotechnology leverages biotechnological processes in its manufacturing, positioning itself at the intersection of traditional chemical synthesis and modern bio-production. This approach appeals to customers seeking innovative and sustainable ingredient solutions.

Key Strengths and Initiatives:

  • Investment in R&D for bio-catalytic production methods

  • Focus on developing “natural” flavor enhancers through advanced fermentation

  • Growing portfolio of products targeting the health and wellness sector


5️⃣ 6. Shandong Fangsheng Aromatics Co., Ltd.

Headquarters: Heze, Shandong, China
Key Offering: Ethyl Maltol, Maltol, and Aromatic Intermediates

Shandong Fangsheng Aromatics specializes in the production of aroma chemicals and is a significant contributor to the ethyl maltol supply chain. The company’s strategic location in a major chemical production region of China provides it with advantages in raw material sourcing.

Key Strengths and Initiatives:

  • Competitive pricing driven by integrated manufacturing and economies of scale

  • Capability to produce large volumes to meet bulk orders

  • Continuous improvement in environmental, health, and safety (EHS) standards


4️⃣ 7. WEN International

Headquarters: New York, USA
Key Offering: Distribution of Ethyl Maltol and other fine chemicals

WEN International acts as a key distributor and supplier of specialty chemicals, including ethyl maltol, to the North American market. The company provides essential sourcing services for manufacturers who require reliable and consistent quality ingredients.

Key Strengths and Initiatives:

  • Strategic partnerships with Chinese manufacturers to ensure supply stability

  • Rigorous quality assurance and testing upon receipt of goods

  • Value-added services including repackaging and just-in-time delivery


3️⃣ 8. Penta Manufacturing Company

Headquarters: New Jersey, USA
Key Offering: High-purity Ethyl Maltol for Food, Flavor, and Fragrance

Penta Manufacturing is a well-established distributor and supplier of ingredient chemicals, serving the flavor, fragrance, and pharmaceutical industries. The company is known for its high-quality standards and extensive product catalog, which includes various grades of ethyl maltol.

Key Strengths and Initiatives:

  • Long history and strong reputation for reliability in the North American market

  • Provides technical data sheets and support tailored for flavorists and perfumers

  • Focus on sourcing from reputable manufacturers with certified quality systems

Download FREE Sample Report:
Global Ethyl Maltol(CAS 4940-11-8) Market – View in Detailed Research Report


2️⃣ 9. Haihang Industry Co., Ltd.

Headquarters: Jinan, Shandong, China
Key Offering: Ethyl Maltol, Chemical Intermediates, Export Services

Haihang Industry is a chemical supplier and exporter with a significant global footprint. The company facilitates the international trade of ethyl maltol, connecting Chinese producers with customers in Europe, North America, and other regions.

Key Strengths and Initiatives:

  • Efficient export documentation and handling for smooth international shipping

  • Quality control protocols to ensure product meets customer specifications

  • Online platform facilitating easy inquiry and ordering processes


1️⃣ 10. Angene International Limited

Headquarters: Nanjing, Jiangsu, China
Key Offering: Specialty Chemicals, including Ethyl Maltol for R&D and Industrial Use

Angene International supplies a broad range of specialty chemicals for research and industrial applications. While serving various sectors, its ethyl maltol is used by companies in the early stages of product development and by smaller-scale manufacturers.

Key Strengths and Initiatives:

  • Capability to supply small R&D quantities up to larger commercial batches

  • Strong online presence and customer service for global client support

  • Diverse chemical portfolio supporting cross-selling opportunities

Get Full Report Here:
Global Ethyl Maltol(CAS 4940-11-8) Market – View in Detailed Research Report


🌍 Outlook: The Future of Ethyl Maltol is Driven by Purity and Application Innovation

The ethyl maltol market is experiencing steady evolution. While its primary application remains in flavor enhancement, the industry is witnessing a push towards higher purity grades and exploration of new applications in nutraceuticals and functional fragrances.

📈 Key Trends Shaping the Market:

  • Growing demand for Ethyl Maltol Above 99.2% purity in premium applications

  • Increasing use in sugar-reduction and low-calorie product formulations to enhance sweetness perception

  • Expansion into personal care products for masking undesirable odors and stabilizing fragrances

  • Strategic consolidations and capacity expansions by leading Chinese manufacturers to secure market share

Get Full Report Here:
Global Ethyl Maltol(CAS 4940-11-8) Market – View in Detailed Research Report

The companies listed above are not only supplying a vital ingredient—they are enabling the creation of more appealing and successful consumer products across the globe.