Food Flavors Market by Origin, Type, Form, and Application— Global Forecasts to 2028


Posted February 12, 2022 by Vidhyanigam98

Food Flavors Market by Origin (Natural, Nature-identical, and Artificial), Type (Vanilla, Dairy, and Spices & Herbs), Form
 
Bharat Book Bureau Provides the Trending Market Research Report on “Food Flavors Market - Global Outlook and Forecast 2022-2028”under Food & Beverage  Market Research Report. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.

Executive Summary
Food Flavors Market by Origin (Natural, Nature-identical, and Artificial), Type (Vanilla, Dairy, and Spices & Herbs), Form (Liquid), and Application (Beverages, Dairy Products, Confectionery Products, and Meat Products) — Global Forecasts to 2028
The research report titled “Food Flavors Market by Origin (Natural, Nature-identical, and Artificial), Type (Vanilla, Dairy, and Spices & Herbs), Form (Liquid), and Application (Beverages, Dairy Products, Confectionery Products, and Meat Products) — Global Forecasts to 2028” provides an in-depth analysis of the food flavors market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2028.


In terms of value, the food flavors market is expected to grow at a CAGR of 4.2% from 2021 to reach $20.39 billion by 2028, and in terms of volume, this market is expected to grow at a CAGR of 3.8% from 2021 to reach 10,935.6 thousand MT by 2028.

The growth of this market is backed by the growing demand for clean label and organic products, strong growth in the food & beverage industry, and technological advancements, such as microencapsulation.

Moreover, the emerging economies in Asia-Pacific, Latin America, the Middle East & Africa, and the increasing usage of flavors in functional foods provide significant opportunities for the growth of this market.
The study offers a comprehensive analysis of the food flavors market concerning the origin, type, form, applications, and geography. The food flavors market is segmented based on origin (natural food flavors, natural-identical food flavors, and artificial food flavors), type (fruits & nuts, chocolate & browns, vanilla, spices & herbs, dairy, vegetables, and other types), form (liquid-form food flavors and dry-form food flavors), application (beverages [alcoholic drinks, soft drinks, hot drinks, and other drinks], savory & snacks, dairy products [ice cream and other dairy products], confectionery products, baked products, meat products, and other applications), and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on origin, the food flavors market is segmented into natural food flavors, nature-identical food flavors, and artificial food flavors. The artificial food flavors segment accounted for the largest share of the food flavors market in 2021. The large share of this segment is mainly attributed to the higher usage of artificial flavors due to the availability of a wide range of flavors in this category, the increasing demand for new flavors, and the cost-effectiveness of artificial flavors compared to natural flavors.

Furthermore, the huge demand for artificial flavors in packaged food products, fast foods, and Ready-To-Eat (RTE) products supports the growth of this segment.
However, the natural food flavors segment is expected to grow at the fastest CAGR during the forecast period due to the rising demand for unique exotic flavors, growing health awareness, increasing demand for organic food products, rising preference for natural flavors as an active ingredient in bakery products, and key trend for clean label products.

Based on type, the food flavors market is mainly segmented into chocolate & browns, vanilla, fruits &nuts, dairy, spices & herbs, vegetables, and other types. The fruits & nuts segment accounted for the largest share of the food flavors market in 2021. However, the spices & herbs segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the rising health consciousness among consumers, interest in new tastes, convenience and sustainability, rapid change in eating preferences among consumers, and the growing awareness about medicinal properties of spices & herbs
.
Based on form, the food flavors market is segmented into liquid-form food flavors and dry-form food flavors. The liquid-form food flavors segment accounted for the largest share of the food flavors market in 2021. The large share of this segment is mainly attributed to its benefits, such as its capability to increase the shelf life of food products, ensure homogeneous blends with virtually no segregation, and provide high microbiological stability, which is used in the food and beverage, confectionery, bakery, dairy, and other food industries. Additionally, this segment is expected to grow at the highest CAGR during the forecast period.

Based on application, the food flavors market is mainly segmented into beverages, dairy products, confectionery products, baked products, meat products, savory and snacks, and other applications. The beverages segment accounted for the largest share of the food flavors market in 2021. The large share of this segment is mainly attributed to the growing demand for beverages, rising disposable income in emerging countries, rapid urbanization, and changing lifestyles worldwide. However, the savory & snacks segment is expected to grow at the highest CAGR during the forecast period.

Based on geography, this market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific accounted for the largest share of the food flavors market in 2021. The large share of this region is primarily attributed to the increasing demand for processed food products in emerging and developing countries, such as India, China, Indonesia, and Thailand; shifting consumer preferences for high-quality food ingredients, and the increasing outsourcing of processed food manufacturing from the Asian region to meet the growing international demand.
The key players operating in the food flavors market are Givaudan SA (Switzerland), International Flavors & Fragrances, Inc. (U.S.), Firmenich SA (Switzerland), Symrise AG (Germany), Sensient
Technologies Corporation (U.S.), MANE SA (France), Takasago International Corporation (Japan), T. Hasegawa Co., Ltd. (Japan), Robertet Group (France), Huabao International Holdings Limited (Hong Kong), Kerry Group (Ireland), Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Corbion NV (Netherlands), and Döhler GmbH (Germany).

Key questions answered in the report-
•Which are the high-growth market segments in terms of origin, type, form, application, and geography?
•What is the historical market size for food flavors across the globe?
•What are the market forecasts and estimates for the period 2021–2028?
•What are the major drivers, restraints, and opportunities in the food flavors market?
•Who are the major players in the market, and what are their market shares?
•Who are the major players in various countries, and what are their market shares?
•How is the competitive landscape for the food flavors market?
•What are the recent developments in the food flavors market?
•What are the different strategies adopted by the major players in the market?
•What are the key geographic trends, and which are the high-growth countries?
•Who are the local emerging players in the food flavors market, and how do they compete with other players?

Scope of the report
Food Flavors Market, by Origin
•Natural Food Flavors
•Natural-identical Food Flavors
•Artificial Food Flavors
Food Flavors Market, by Type
•Fruits & Nuts
•Chocolate & Browns
•Vanilla
•Spices & Herbs
•Dairy
•Vegetables
•Other Types
Food Flavors Market, by Form
•Liquid-form Food Flavors
•Dry-form Food Flavors

Food Flavors Market, by Application
•Beverages
oAlcoholic Drinks
oSoft Drinks
oHot Drinks
oOther Drinks
•Savory & Snacks
•Dairy Products
oIce Cream
oOther Dairy Products
•Confectionery Products
•Baked Products
•Meat Products
•Other Applications

Food Flavors Market, by Geography
•North America
oU.S.
oCanada
•Europe
oGermany
oU.K.
oFrance
oItaly
oSpain
oRest of Europe (RoE)
•Asia-Pacific (APAC)
oJapan
oChina
oAustralia
oIndia
oRest of Asia-Pacific (RoAPAC)
•Latin America
•Middle East & Africa

 Browse our full report with Table of Content : https://www.bharatbook.com/report/1337540/food-flavors-market-by-origin-natural-nature-identical-and-artificial-type-vanilla-dairy-and-spices-herbs-form-liquid-and-application-beverages-dairy-products-confectionery-products-and-meat-products-global-forecasts-to

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Contact Email [email protected]
Issued By vidhya
Business Address mumbai
Country India
Categories Advertising
Tags food beverage market research report , food flavors market
Last Updated February 12, 2022