The food flavor market is anticipated to grow at a significant CAGR during the forecast period. Food flavor are derived from ingredients such as herbs, raw fruit and vegetables or by the chemical. The use of food flavor enhances the existing flavor of the particular food item. The increasing adoption of food flavor to derive global authentic flavors with the raising demand will significantly impact the growth of the food flavor market during the forecast period. Moreover, the growing market of processed foods and beverages across the globe will also contribute significantly to the food flavor market.
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However, the consumption of several synthetic food flavor has some adverse health effects as they are synthesized using range of chemical, which will significantly challenge the food flavor market growth during the forecast period. In addition to this, the high cost associated with the production of natural food flavor coupled with the low self-life of natural food flavors is also expected to challenge the growth of food flavor market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Food Flavour Market by Type
- Natural Flavour
- Synthetic Flavour
Global Food Flavour Market by Application
- Beverages
- Dairy & Frozen Products
- Bakery & Confectionery
- Processed & Convenience Food
- Others
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Archer Daniels Midland Co.(ADM)
- BASF Nutrition (BASF SE)
- Hansen Holding A/S
- Corbion NV
- DSMKoninklijke N.V
- DuPont Nutrition & Biosciences (DuPont de Nemours, Inc.)
- European Flavours & Fragrances PLC
- Firmenich SA
- Givaudan
- Huabao International Holdings Ltd.
- International Flavors & Fragrances Inc.
- Kerry Group plc
- Keva Flavours Pvt. Ltd.
- Robertet Group
- Sensient Technologies Corp.
- Symrise AG
- Synergy Flavors
- Hasegawa Co. Ltd.
- Taiyo International
- Takasago International Corp.
- The Mane Group
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food flavor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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