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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Global Food Flavour Market Segmentation
By Type
Natural Flavour
Synthetic Flavour
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)
Chr. 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.
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