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Global Food Flavors Market Innovation Trend, Growth Analysis 2016-2028
Posted: Jan 11, 2020
The increasing demand for natural ingredients in food products is the main factor driving the Food Flavors Market worldwide.
Buyers are exploring and trying different things with new flavors without changing nutrition. The rising health concerns among consumers are driving them to buy healthy snacks.
Standard flavor options such as cheese and onion, tangy tomato, and diverse flavorings such as beef jerky are in high demand. Many artificial flavorings, such as benzophenone, ethyl acrylate, etc., have been identified as carcinogens, thereby, being replaced by natural ones.
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Key Factors Impacting Market Growth:
- Rising demand for ready-to-eat, canned, and processed food
- Developing interest in foods with exotic or ethnic flavors
- Growing fast food & snacking habits among the working-class and young generation
Regional Analysis:
This report segments the food flavors market by region into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America, Asia Pacific, and Western Europe is estimated to be major regions for the food flavors market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for the food flavors market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.
The Asia Pacific is estimated to be one of the fastest-growing markets for food flavors during the forecast period. The food & the agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors in the growth of the food flavors market. The Middle East and the rest of the World are estimated to be emerging regions for food flavors market during the forecast period.
Companies Covered: Kerry Group, PLC, Givaudan, Firmenich, Symrise AG, Sensient Technologies Corporation, Frutarom Industries, T. Hasegawa, International Flavors & Fragrances (IFF), and Takasago International Corporation
Market Segmentation:
By Type:
- Chocolate & Browns
- Fruits & Nuts
- Vanilla
- Dairy
- Spices
- Others (Honey, Mint, Vegetables)
By Source:
- Natural
- Synthetic
- Nature-Identical
By Form:
- Liquid
- Dry
By Application:
- Beverages
- Savories & Snacks
- Bakery & Confectionery Products
- Dairy
- Meat Products
By Region:
North America
- By Country (US, Canada, Mexico, Rest of North America)
- By Type
- By Source
- By Form
- By Application
Western Europe
- By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
- By TypeBy Source
- By Form
- By Application
Eastern Europe
- By Country (Russia, Turkey, Rest of Eastern Europe)
- By Type
- By Source
- By Form
- By Application
Asia Pacific
- By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
- By Type
- By Source
- By Form
- By Application
Rest of the World
- By Region (South America, Middle East, Africa)
- By Type
- By Source
- By Form
- By Application
Reasons To Buy This Report:
- Market size estimation of the food flavors market on a regional and global basis
- The unique research design for market size estimation and forecast
- Profiling of major companies operating in the market with key developments
- Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
- By Segment
- By Sub-segment
- By Region/Country
For more information, contact: sales@quincemarketinsights.com
About Us:
Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to markets that promise high growth opportunities in the strategic future. We are a dedicated team of analysts with a strong base in technical expertise as well as a thorough understanding of the market dynamics.
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@Pooja Abhyankar An Employee of Quince Market Insights as a Digital Marketing Executive