Global Food & Beverages Flavors Market Performance Canvassed by Allied Market Research in Its Report Available at MarketPublishers.com
27 Jul 2015 • by Natalie Aster
LONDON – Nowadays, food and beverages flavors are recognized as vital constituents of the food and beverages industry, as they are widely used to maintain taste, smell and color of both, food and beverages. Great demand for new flavors from food and beverages industries and ongoing innovations of the flavors industry are among the key market growth drivers. On the other hand, the global food and beverages flavors market is highly challenged by rising health concerns among the world population.
The world market for food and beverages flavors is expected to follow an upward trend, showing a 4.3% CAGR from 2015 to 2020. By the year 2020, the value of this market is anticipated to reach the mark of USD 15.2 billion.
At present, the global food and beverages flavors market is led by the Asia-Pacific region, which is predicted to grow at a fast pace in the years to come; the region’s share of the global market is likely to become 31% by 2020. The Asia-Pacific is closely followed by North America and Europe.
Topical research report “Global Flavors (Food and Beverages) Market - Size, Share, Trends, Analysis, Opportunities, Growth, and Forecast, 2014 – 2020” drawn up by Allied Market Research analyses scenario of the global market for food and beverages flavors, delves into the ongoing situation in the market and offers detailed forecasts from 2015 till 2020. The comprehensive research report provides an all-encompassing market segmentation analysis based on type, end-user, geography. The up-to-date study includes relevant information on the food and beverages flavors market size, shares, dynamics, explores the main growth drivers and limiters, key trends and future opportunities up to 2020. Additionally, the market competitive landscape is thoroughly scrutinised in the publication. By the way, detailed profiles of such dominant market players as Kerry Group, Givaudan, Firmenich, Symrise AG, Sensient Technologies Corporation, Frutarom Industries, T. Hasegawa Co., International Flavors & Fragrances, Takasago International Corporation, Wild Flavors, Huabao International are provided in the report.
Global Flavors (Food and Beverages) Market - Size, Share, Trends, Analysis, Opportunities, Growth, and Forecast, 2014 - 2020
Date: May, 2015
Price: US$ 4,515.00
To find other market research reports by the publisher, kindly visit Allied Market Research page.