Flavor Additives Market is gaining traction due to increasing demand of processed foods

Flavor additives and enhancers are added to food and beverages to improve their flavoring and enhancer their taste. Food companies add natural flavors and artificial flavors to process foods desirable to people’s palate. There is high demand for the food flavoring agents and flavor enhancer products across the globe in the Flavor Additives Market during 2015-2020.

Regional forecast of the Flavor Additives & Enhancers Market:

According to the IndustryARC marketing analysis report, the Flavor Additives & Enhancers Market is expected to witness high demand for the natural flavors than artificial flavor agents.

Asia Pacific is the leading region in the Flavor Additives & Enhancers Market with high consumption of food additives in food processing industries and pharmaceuticals. India and China are the potential countries for high growth during 2015-2020. Europe is expected to witness high growth in this market due to high consumption of food enhancers and flavoring through 2020.

North America is the second leading region in the Flavor Additives & Enhancers Market and expected to have high growth during 2016-2021. The North America market is rapidly growing due to the rising demand for food flavoring in beverage industry and pharmaceuticals in upcoming years.

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Segmentation and key players in the Flavor Additives & Enhancers Market:

The Flavor Additives & Enhancers Market is segmented into various categories in the IndustryARC market analysis report by type of flavoring substance, by type of flavoring enhancer, by form, by end user industry and by geography.

By type of flavoring substance: natural flavoring substance (fruit and vegetable extracts, herbal extracts, others), nature-identical flavoring substance (vanillin, limonene and others) and artificial flavoring substance (aldehydes, esters, ketones, alcohols and others)

By type of flavoring enhancer: Glutamic Acid Salts (Monosodium L-glutamate, Monopotassium L-glutamate, Monoammonium L-glutamate, Calcium di-L-glutamate and Magnesium di-L-glutamate), Guanylic Acid Salts (Disodium guanylate, Dipotassium guanylate, Calcium guanylate) and Iosinic Acid Salts (Disodium iosinate, Dipotassium iosinate, Calcium iosinate and others)

By form: liquid flavorings, powder flavorings and paste flavorings

By end user industry: Food and Beverage Industry, Pharmaceutical Industry

By geography: North America, South America, Europe, Asia Pacific and ROW

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The key players in the Flavor Additives & Enhancers Market as mentioned in the IndustryARC market research report are as follows:

Archer Daniels Midland Company

International Flavors and Fragrances, Inc.

Givaudan SA

Corbion N.V.

Firmenich S.A.

The Flavor Additives & Enhancers Market is a rapidly growing market with high demand from food processing and beverage industries for flavor enhancers across the globe. This market is expected to have high growth with rising demand in various regions during 2015-2020.

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IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages