What is Flavor Ingredient Market?
Flavor ingredients are widely used to enhance the taste and aroma of a variety of foods. Different types and forms of flavor ingredients are used in baked products and beverages to give a desirable flavor that lasts through the shelf-life product. Increased adoption of functional foods and beverages due to various health benefits and rapidly growing working population worldwide. Flavor ingredient is also used by cosmetics manufacturers as a substance to produce or mask the particular flavor in the cosmetic products.
The market study is being classified, by Application (Food & Beverages, Cosmetics, Personal Care and Others) and major geographies with country level break-up.
Synergy Flavors (United States), Kerry (Ireland), DuPont (United States), Givaudan (Switzerland), International Flavors & Fragrances Inc. (United States), Symrise (Germany), Firmenich (Switzerland), Takasago International Corporation (Japan), T. Hasegawa (Japan), Sensient Flavors (United States) and Kanegrade (United Kingdom) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Analyst at AMA have segmented the market study of Global Flavor Ingredient market by Type, Application and Region.
On the basis of geography, the market of Flavor Ingredient has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Use of Flavor Ingredients to Give Rich Aroma and Taste to the Variety of Food Dishes
- Rising Demand for Functional Food and Beverages with the Rapidly Growing Health Conscious Population Worldwide
- Growing Popularity of Organic and Natural Plant-based Flavor Ingredients
- Growing Concern about the Health Risk Due to Artificial Flavor Ingredients
- Use of Flavor Ingredients in Manufacturing of Cosmetics and Personal Care Products
Market Leaders and some development strategies
In February 2021, IFF merged with DuPontís Denmark-based Nutrition & Biosciences division. The deal will create a global leader in high-value ingredients and solutions for the Food & Beverage, Home & Personal Care, and Health & Wellness markets. However, the complementary portfolios give the company leadership positions within the Taste, Texture, Scent, Nutrition, Enzymes, Cultures, Soy Proteins, and Probiotics ingredient categories.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Flavor Ingredient Manufacturers, Suppliers and Distributors of Flavor Ingredient, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Flavor Ingredient Market?
"Increasing Use of Flavor Ingredients to Give Rich Aroma and Taste to the Variety of Food Dishes
" is seen as one of major growth factors of Flavor Ingredient Market in years to come.
2. Can we have customized study for Flavor Ingredient Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Flavor Ingredient Market?
will lead Flavor Ingredient Market in coming years.