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Flavouring Agents Market Growth Analysis and Business Projections 2025

Author : Rahul Sankrityayan | Published Date : 2019-08-07 

Global Market Insights, Inc. has launched a report on Flavouring Agents Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Increasing production of processed food products and beverages has proliferated flavouring  agents market share, owing to evolving consumer lifestyles and the consistent demand for all sorts of snacks, confectionaries as well as alcoholic and non-alcoholic drinks. Consumption trends can differ according to specific geographical areas, such as products mainly suited for Asian countries may not always be acceptable in Europe. The diversity in taste preferences and categories of food or beverages consumed offers considerable growth opportunities to the flavouring  agents industry. Soaring inclination of health conscious people towards beverages containing natural flavors will stimulate notable R&D efforts among industry players.

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A prominent driver for the natural flavouring  agents market has been the support from regulators and food safety agencies with regards to the specification and application of numerous flavors in different product types. The U.S. FDA, for instance, has issued a list of natural flavors and adjuvants that can be safely used in processed food, alcohols and other consumables. Under FDA’s support, the Flavor and Extract Manufacturers Association of the U.S. researches the safety of available flavors and consists of ingredient suppliers, flavor users and other associated parties. It is aimed at ensuring a continuous supply of safe flavor substances for use in the country, enormously boosting the regional flavouring  agents industry.

It is believed that worldwide, consumers are now more mindful of the ingredients present in their drinks and their functional value, making it imperative to not only include natural substances in them but also to provide a clear and informative labelling. From fruit juices and coffee flavored beverages to soft drinks, natural flavors are being used to meet the growing expectations of people and delivering innovative, health-friendly products. Apparently, enhancing the taste of nutritious drinks would influence customers to buy them more often, while doing so with natural ingredients will guarantee a wider consumer base for them. According to the European Association of Juice Manufacturers, around 9.18 billion liters of fruit juice was consumed in the region in 2017, indicating tremendous prospects for the natural flavouring  agents market.

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Beverage giants like Coca-Cola, Dr Pepper and Pepsi have supposedly taken major steps to adopt naturally-sourced substances and sweeteners to improve the taste and address health concerns related to their products. The flavouring  agents market can be expected to witness significant demand from major soft drink manufacturers over the coming years, attributed to the fact that Coca-Cola alone sells more than 1.9 billion drinks all over the world every day . In addition, natural ingredients seem to allow development of high-quality brewery products, an area which has been one of the most promising segments for the flavouring  agents industry globally.

Essentially, producers of beer and other alcoholic drinks can take advantage of natural agents to achieve required properties like natural colors and fruity taste, to offer consumers an inimitable sensory experience. Breweries can develop products with popular tastes like ginger, lemon, grapefruit, among others, using plant-derived flavors. The beer, wine and spirits industry is one of the prominent GDP contributors across the world, understandably becoming a vital revenue source for the natural flavouring  agents market. Demonstrating the massive prospects for suppliers of natural flavors, U.S. itself boasted of over 5,600 breweries in 2017 and domestically sells more than $119.3 billion worth malt beverages and beer annually.

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All in all, anticipated to reach a global valuation of over $21.2 billion by 2025, the flavouring  agents market will amass remarkable proceeds from the application of natural flavors in beverage production. Firmenich, Frutarom Industries, Givaudan, International Flavors & Fragrances Inc., Sensient Technologies, Symrise AG and Takasago International are some of the key industry participants continuously seeking to expand the reach of their innovative products.

Partial Report Content:

Chapter 1. Methodology & Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Definitions & forecast parameters

1.2. Data sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1 Flavoring agents market 3600 synopsis, 2013 –2025

2.1.1 Business trends

2.1.2 Application trends

2.1.3 Type trends

2.1.4 Regional trends

Chapter 3. Flavoring Agents Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 - 2025

3.3 Industry ecosystem analysis, 2018

3.4 Technology landscape

3.5 Raw material analysis

3.6 Global food and beverage industry outlook

3.7 Regulatory landscape

3.8 Pricing analysis, 2013-2025

3.9 Industry impact forces

3.10 Growth potential analysis, 2018

3.11 Porter's analysis

3.12 Competitive landscape, 2018

3.13 PESTEL analysis

Chapter 4. Flavoring Agents Market, By Application

4.1 Global flavoring agents market share by application, 2018 & 2025

4.2 Beverages

4.3 Bakery

4.4 Dairy

4.5 Savory & convenience foods

4.6 Confectionery

4.7 Meat

4.8 Oral Hygiene/ pharmaceutical

4.9 Snacks

4.10 Others (Tobacco, infant food, and animal feed)

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.
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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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