San Francisco, 11 April 2019: The Report Liquid Flavor Market Analysis By Product (Organic Flavor Concentrates, Flavor
Extracts, Artificial Flavor Liquids), By Application (Beverages, Bakery &
Confectionery, Dairy & Frozen Foods, Processed Foods) And Segment Forecasts
To 2022
Global liquid Flavor market is expected to reach USD
11.06 billion by 2022, according to a new report by Grand View Research, Inc.
Growth of key end-use industries such as beverages and processed foods is
expected to remain a key driving factor for global liquid Flavor market.
Increasing consumer awareness regarding detrimental effects of synthetic
chemicals in artificial food ingredients has also prompted demand for natural
and organic liquid Flavor. Rising disposable income and changing lifestyle of
consumers in China, India, Vietnam and Indonesia is also expected to contribute
towards market development.
Artificial
flavor liquids were the leading product segment and accounted for 45.7% of
total market revenue in 2014. Flavor extracts are expected to witness the
highest growth of 5.3% from 2015 to 2022. Growing demand for organic
ingredients in beverages and processed food industries is expected to drive
this segment over the forecast period.
Access
Research Report of Liquid Flavor Market@ http://www.grandviewresearch.com/industry-analysis/liquid-flavor-market
Further key findings
from the report suggest:
· Global
liquid Flavor market size was valued at USD 7.78 billion in 2014 and is
expected to reach USD 11.06 billion by 2022, growing at a CAGR of 4.3% from
2015 to 2022.
· Beverages
were the leading application segment with demand share exceeding 60% in 2014.
Rising demand for liquid Flavor in consumer products such as sports &
energy drinks, carbonated beverages & alcoholic drinks to enhance taste and
aroma is expected to drive this segment over the forecast period. Processed
food is expected to witness the highest growth of 5.4% from 2015 to 2022.
· North
America was the leading regional market and accounted for over 35% of global
revenue in 2014. The region is characterized by diverse food consumption habits
and high awareness among consumers regarding natural Flavor.
· Asia
Pacific is expected to register highest revenue growth with China and India
being the forerunners in the region. Growth of processed foods, dairy products
and beverages industries in these countries are expected to drive the regional
growth. The region is expected to grow at an estimated CAGR of 6.2% from 2015
to 2022.
· The
global liquid Flavor market share is dominated by integrated companies such as
Symrise AG, Flavor Gourmet, and BioSun Flavor & Food Ingredients. Other
companies with significant presence include Frutarom, Takasago, McCormik &
Co., and Natures Flavor.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods
Grand
View Research has segmented the global liquid Flavor market on the basis of
product and application:
Global Liquid Flavor Product
Outlook (Revenue, USD Million; 2012 - 2022)
·
Organic
Flavor Concentrates
·
Flavor
Extracts
·
Artificial
Flavor Liquids
Global Liquid Flavor Application Outlook
(Revenue, USD Million; 2012 - 2022)
·
Beverages
·
Bakery
& Confectionery
·
Dairy
& Frozen Foods
·
Processed
Foods
·
Others
Global Liquid Flavor Regional Outlook (
Revenue, USD Million; 2012 - 2022)
·
North
America
·
Europe
·
Asia
Pacifi
·
Central
& South America
·
Middle
East & Africa
Access Press Release of
Liquid Flavor Market@ https://www.grandviewresearch.com/press-release/global-liquid-flavor-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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