Natural Flavors Market Type (Aroma Chemicals, Natural Extracts, Essential Oils, Other) Application (Beverages, Savory Foods, Oral Care Products, Bakery & Confectionery, Dairy Products, Pharmaceuticals & Dietary Supplements, Others) - Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Natural Flavors Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Natural flavors are plant or animal based raw materials that are either utilized in a natural state or handled by microbiological, physical or enzymatic procedures. With the end goal to be known as a natural flavor, an ingredient must be naturally obtained and should add a specific taste to the food. According to the Food and Drug Administration (FDA), natural flavors must be derived from ingredients, for example, spices, meat or organic product through procedures, for example, distillation or fermentation.
Drivers and Restraints
One of the main factors boosting the development of the worldwide natural flavors market is the rising wellbeing awareness among the populace. Moreover, developing demand for natural food products and ascend in the acquiring intensity of the populace drives the market development. Offering special, tastier and newer flavors would to a great extent help the interest in the worldwide natural flavors market. Nonetheless, surprising expense associated with the planning of common flavors would hinder the development of the general market.
Europe and North America are the biggest regional markets for natural flavors. U.S. continues to be the major contributor to the development of natural flavors in the North America, bolstered by extensive research and growth by companies operating in the market.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
International flavors & Fragrances Inc
Sensient Technologies Corporation
Frutarom Industries Ltd
Archer Daniels Midland Company
Huabao International Holdings Limited
Koninklijke DSM NV
Gold Coast Ingredients, INC
Unique Flavors and Fragrances Ltd
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?