Flavour Enhancers Market is Estimated to Increase to 4.9% CAGR between 2017 and 2026.
Flavors play a fundamental role in packaged food and beverages. Companies operating in the food and beverages industry are focusing on altering the flavors of natural food products such as vegetables and meats to create a flavour for food products that do not have any desired flavors. Artificial flavors are still being used on a large scale to provide a diverse variety of flavors. Meanwhile, artificial flavors also allow people especially suffering from food allergies to consume flavors that they otherwise cannot consume.
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With new technologies, the way ingredients are produced is multi-faceted, this has created a confusion on what qualifies an ingredient to be natural. Moreover, definition of natural ingredient also varies from country to country. These factors are making the standardization process more complex and a growing challenge for the food flavoring industry. Meanwhile, food and beverages companies are constantly trying to hold larger share in market through research and development and innovations.
6 Key Highlights on Global Flavour Enhancers Market
- North America is expected to be the dominating region in the global flavor enhancers market. In terms of value, North America is projected to surpass US$ 1,300 million revenue by the end of 2026. Presence of manufacturers in the U.S. holding majority of share in food and flavors market are contributing to the growth.
- Meanwhile, Asia Pacific Excluding Japan (APEJ) and Europe are also expected to witness growth. India and China hold a strong position in the flavor enhancers market. Moreover, South East nations with various flavor preferences present opportunity for key market players.
- Glutamates are expected to be the highly preferred product in flavor enhancers market. Towards the end of 2026, glutamates are projected to surpass US$ 2,000 million revenue.
- Powder form of flavor enhancers are expected to witness the highest growth. Powder form are projected to bring in more than US$ 2,900 million revenue by the end of 2026.
- Flavor enhancers are expected to be largely used in beverages during the forecast period. By the end of 2026, beverages are projected to reach over US$ 1,200 million revenue.
- Synthetic source is expected to be largely used in flavor enhancers. Synthetic source is anticipated to create an incremental opportunity of more than US$ 1,300 million during 2017-2026.
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|Product Type||AcidulantsGlutamatesHydrolyzed Vegetable ProteinsYeast Extracts|
|Application||Convenience FoodsBeveragesMeat & Fish ProductsBakery ProductsDairy ProductsConfectionery ProductsOther Applications|
Key Companies :-
Tate & Lyle PLC
Associated British Foods plc
Corbion N.V., Sensient Technologies
Firmenich SA, Givaudan
Takasago International Corporation, Mane SA
IFF, Stymies AG, Quest, Takasago, and Danisco.
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
Report Benefits & Key Questions Answered
- Flavour Enhancers Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
- Flavour Enhancers Historical volume analysis: The report provides a comparison of Flavour Enhancers historical sales and projected sales performance for 2021-2031.
- Flavour Enhancers Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Flavour Enhancers. It carefully gauges the impact of changing healthcare needs of key demographics globally
- Flavour Enhancers Consumption by demographics: The report investigates consumer behavior affecting Flavour Enhancers demand outlook for the assessment period. Effect of their keenness for digital trends on Flavour Enhancers is carefully analyzed
- Post COVID consumer spending on White Wine: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Flavour Enhancers growth.
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