This Flavour Market report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market.  The Flavour Market report provides detail information and strategies of the top key  players in the industry. The report also gives a broad study of the different market segments and regions.  It provides market dynamics, including the drivers, restraints, challenges, threats and the potential growth opportunities.  Strength and weakness of the leading industry players are  included in this Flavour Market research report. Consumption volume, consumption value and sale price analysis of the global market by geography, type, application and industry  verticals.

The Flavour Market report is an extensive analysis of the business sphere, that has been touted to be one of the most profitable business verticals in recent times. The study enumerates of the total valuation of this business space currently, in addition to presenting a succinct segmentation of the industry, the expansion opportunities, as well as its regional expanse. In the end, this Flavour Market report includes the major driving factors impacting the revenue scale of the market and details about the surging demand  for the product from the major geographies.

Data Bridge Market Research analyses that the flavour market was valued at USD 14.54 billion in 2021 and is expected to reach the value of USD 23.35 billion by 2029, at a CAGR of 6.10% during the forecast period of 2022-2029.

Definition

 

Food flavours are primarily used to improve the flavour of food products. Natural and synthetic flavours are examples of flavour additives. The food and beverage industry has a wide range of flavour requirements for various purposes such as adding new product lines, developing new products, and changing existing products' tastes. They are widely used in beverages, meat products, fruits and vegetables, bakery and confectionery, oil and fat, dairy and frozen products, and so on.

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Key Growth Drivers:

  • Inclination of adoption in food and beverage industry

Food flavors are used to flavour beverages, juices, bakery, and confectionary items. The growing demand for natural food flavors in the food and beverage industries is propelling the market forward. Furthermore, as the world's population grows, there is a greater demand for healthy and natural food products that contain fewer or no artificial flavors, preservatives, or additives.

The report emphasizes the participation of key entities, notably:

  • DuPont (U.S.)
  • ADM (U.S.)
  • Kerry Group plc (Ireland)
  • International Flavors & Fragrances, Inc. (U.S.)
  • Firmenich SA (Switzerland)
  • MANE (U.K.)
  • Taiyo International (Japan)
  • Hasegawa Inc (Japan)
  • Synergy Flavors (U.S.)
  • Sensient Technologies Corporation (U.S.)
  • Bell Flavors & Fragrances (U.S.)
  • Takasago International Corporation (Japan)
  • Keva Flavours Pvt. Ltd. (India)
  • Tate & Lyle (U.K.)
  • Robertet, McCormick & Company, Inc. (U.K.)
  • Wanxiang International Ltd (China)
  • TREATT (U.K.)
  • China Flavors & Fragrances Co. Ltd. (China)

Major Points in the Report

  • Understanding the entirety of the flavour marketlandscape thoroughly.
  • Exploring the leading entities in this sector, delving into their range of products and core approaches.
  • Examining the prominent geographical areas where flavour marketdemonstrates significant growth.
  • Keeping abreast of the latest shifts and advancements within the industry.
  • Identifying specific areas or markets with high potential and promising expansion opportunities.

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Key Market Segmentation

By Type (Chocolate & Browns, Vanilla, Fruit & Nut, Dairy, Spices), Application (Beverages, Dairy, Confectionery, Bakery, Meat, Savory & Snacks), Origin (Natural, Nature Identical, Artificial)

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