Food Flavors Market Analysis: By Type (Flavor Additives and Flavor Enhancers), By Application (Beverages, Bakery and Confectionery, Dairy and Frozen Products, Snacks and Savory, Animal and Pet Food) – Forecast (2015-2020)

Date: 2016-01

“Food Flavors are commonly used to improve the taste of food products. Perishable foods after processing and preserving tend to lose their flavor over a period of time and this creates a need to use flavoring substances that help to maintain the flavor of foodstuffs. Flavor additives mainly include natural and synthesized flavors. Natural flavors are derived through extraction, distillation or other biotechnology based processes from plant, fruit, vegetable and other natural resources. Flavor enhancers like Monosodium Glutamate although don’t add flavour to the food products but they enhance the intensity of flavour additives used in the products. The Food Flavor Market is projected to grow at a CAGR of 5.6% through 2020. The growing consumption of canned and processed foods, bakery and confectionery items, savory and snacks and beverages in the developed and emerging markets has created a strong demand for food flavors. The emerging Asian and Latin American markets exhibit great potential.

This report segments the global food flavor market by type, application and geography. The flavors are segmented into flavors and flavor enhancers. Flavors are broadly classified into natural and synthetic flavors. Synthetic flavors comprise both nature identical and artificial flavors. Flavor enhancers are mostly derived as salts of amino acids and nucleotides. Food flavors and enhancers are used in bakery, beverages, snacks, savory, animal and pet food. The report also covers the geographic regions of North America, Europe, Asia-Pacific and Rest of World which include Miidle East, Africa, and Latin America.

The report contains the most detailed and in-depth segmentation and analysis of the global food Flavor market for the period 2014 – 2020.

The prominent players in the market:
Givaudan SA (Switzerland)
International Flavors and Fragrances Inc (U.S.)
Symrise AG (Germany)”

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