Global Food Flavor Market is estimated to be US$ 27.7 Bn by 2030 with a CAGR of 5.3 %

 
COVINA, Calif. - March 23, 2021 - PRLog -- The significant growth of the food flavor market is increasing due to consumer gaining interest towards purchasing clean label goods, which offers wide scope for sources with natural ingredients. Interest in ethnic or exotic flavors is one of the key drivers of the food flavor market.

The report "Global Food Flavor Market, By Form (Liquid, Dry, Gas), By Type (Natural, Synthetic), By Flavor Ingredients (Alcoholic Note Flavor, Cocoa, Berries, coffee, citrus, flowery, Mint & herbs, Spices, Vanilla, Others ), By Application (Bakery & Confectionary, Dairy & Frozen Desserts, Beverages, Sweet & Savory Snacks)  By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Market Trends, Analysis, and Forecast Till 2029.
  • On 1st March, Molson Coors launched four new flavors for its vizzy hard seltzer. It features for fruit flavors each with signature antioxidant vitamin C from acerola superfruit, papaya passionfruit, blackberry lemon, watermelon strawberry and raspberry tangerine.
  • On March 1, PepsiCo is launching cocktail mixers under a new brand Neon Zebra. New line drinks include four flavors strawberry Daiquiri, Margarita mix, mojito mix, and whiskey sour mix.
  • In year February 2021, Archer Daniels Midland Company announces that it had agreement to acquire Ziegler Group, a leading European provider of natural citrus flavor ingredients.

Analyst View:

Food flavor market is increasing due to demand of various different food flavors which enhances the taste and texture of the dish. Therefore, different companies are inventing different flavorings as an add on over the food. Food flavor market will always boom due to its demand in the market. Consumers love to have different flavorings across the world.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Global Food Flavor Market", Global Food Flavor Market, By Form (Liquid, Dry, Gas), By Type (Natural, Synthetic), By Flavor Ingredients(Alcoholic Note Flavor, Cocoa, Berries, coffee, citrus, flowery, Mint & herbs, Spices, Vanilla, Others ), By Application (Bakery & Confectionary, Dairy & Frozen Desserts, Beverages, Sweet & Savory Snacks)  By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Market Trends, Analysis, and Forecast Till 2029.

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Food-Flavor-Market-4660


Key Market Insights from the report:

The Global Food Flavor market accounted for US$ 16.6 Bn in 2020 and is estimated to be 27.7 Bn by 2030 and is anticipated to register a CAGR of 5.3%. The Global Food Flavor market is segmented based on the type, form, applications, and flavor ingredients

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Industry:Food
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