IMARC Group’s latest research report, titled “Food Flavors Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global food flavors market size. The global food flavors market reached a value of US$ 15.26 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 20.14 Billion by 2027, exhibiting a CAGR of 4.50% during 2022-2027.Food flavors are ingredients added to food products to boost a unique flavor. After processing, it preserves the flavor, changes existing flavor, and avoids an unwanted flavor. It mainly includes natural and synthesized flavoring agents. It enables consumers to enjoy healthier food product alternatives without compromising on the taste, thereby contributing to balanced eating habits.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, form and end user.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for food flavors market
- Strategies of major players and product offerings
The global market is majorly driven by the growing demand for clean labels and organic products. In line with this, significant growth in the food and beverage industry is positively influencing the market across the globe. Furthermore, rapid technological advancements, such as microencapsulation, are catalyzing the market. Additionally, the rising awareness regarding the benefits offered by organic edible substances is providing a boost to the market growth. Other factors, including the shifting consumer preferences towards floral and botanical flavors, the augmenting demand for natural ingredients, and the growing demand for ready-to-eat food items, are also anticipated to strengthen the market further.
Key Players Included in Global Food Flavors Market Research Report:
- Archer-Daniels-Midland Company
- BASF SE
- Corbion N.V.
- Firmenich SA
- Givaudan
- International Flavors & Fragrances Inc.
- Kerry Group plc
- Koninklijke DSM N.V.
- Robertet Group
- Sensient Technologies Corporation
- Symrise AG and Takasago International Corporation
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Type:
- Natural
- Artificial
Breakup by Form:
- Dry
- Liquid
Breakup by End User:
- Beverages
- Dairy and Frozen Products
- Bakery and Confectionery
- Savory and Snacks
- Animal and Pet Food
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Food Flavors Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Food Flavors Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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