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GLOBAL FOOD FLAVORS MARKET FORECAST 2019-2028

GLOBAL FOOD FLAVORS MARKET FORECAST 2019-2028

  • September 2020
  • 178 pages
  • ID: 5968466
  • Format: PDF
  • Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The global food flavors market is estimated to project a CAGR of 4.32%, over the forecast years of 2019 to 2028. Key factors attributed to the market growth include, the growing need for health products, the high demand for natural flavors, and the increasing demand for RTE meals and fast foods.

MARKET INSIGHTS
Food flavors are characterized by the impression of taste and smell, determined by chemical senses. Accordingly, industries utilize flavoring agents to produce distinct flavors in food products.
Over the years, there has been an increased demand for health products, commonly termed green label products, such as fruit-flavored drinks, energy drinks, and nuts.The rise in health awareness and consciousness among the masses is a prominent driver fuelling their growth.

Similarly, new customers cross emerging countries are more willing to pay for health products, owing to the surging significance of physical fitness. On the other hand, the increasing prevalence of diabetes, obesity, and blood pressure, further increases the demand for health-associated food products.

REGIONAL INSIGHTS
The global food flavors market growth is evaluated across the Asia Pacific, Europe, North America, and the rest of the world.The Asia Pacific is the leading and dominating region for food flavors, mainly due to the rising income levels and the massive food-products consumer base.

The region’s market is anticipated to follow the premiumization trend, owing to the growing demand for high-quality products, and customers’ rising purchasing power.

COMPETITIVE INSIGHTS
The competitive rivalry in the market is high, because of the surge in regional firms and the presence of global giants. Distinguished players operating in the market include, Frutarom Industries Ltd, The Foodie Flavours, Givaudan International SA, Synergy Flavors, Firmenich SA, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. FIRMENICH SA
2. FRUTAROM INDUSTRIES LTD
3. GIVAUDAN INTERNATIONAL SA
4. HUABAO INTERNATIONAL HOLDINGS LIMITED
5. KERRY GROUP PLC
6. ROBERTET SA
7. S H KELKAR AND COMPANY LIMITED
8. SENSIENT TECHNOLOGIES CORPORATION
9. SYMRISE AG
10. TAKASAGO INTERNATIONAL CORPORATION
11. SYNERGY FLAVORS
12. THE FOODIE FLAVOURS
13. BESMOKE LTD
14. CREATE FLAVORS
15. AROMATA GROUP

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