Non-natural Flavoring Agents Market Breakdown By Size, Share, Growth, Trends, and Industry 2028- MarkNtel Advisors
According to Markntel Advisors Report, Non-natural Flavoring Agents Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Non-natural flavors, also known as artificial or synthetic flavors,
are high-quality edible or non-edible additives derived from proprietary
chemical formulae created by flavor companies. These are chemically produced
flavors that have a similar scent or taste to natural flavors. They are widely
extracted from different chemical sources such as alcohol, ester, ketone,
pyrazine, phenolic, terpenoid, etc. Some commonly used non-natural flavoring
agents are ester (gives a fruity taste), ketone, pyrazine (tastes like
caramel), phenolics (has a smoky flavor), and terpenoids (have a citrus or pine
flavor).
Global Non-natural Flavoring
Agents Market Research Report & Summary:
The Global Non-natural Flavoring Agents Market is projected to grow at a CAGR of around 5.23% during the forecast
period, i.e., 2023-28.
Time Period
Captured in the Report:
·
Historical
Years: 2018-21
·
Base
Years: 2022
·
Forecast
Years: 2023-2028
Who are the Key Players Operating in the Non-natural
Flavoring Agents Market?
The top
companies of the Non-natural Flavoring Agents Market ruling the industry
are:
Givaudan, Keva
Flavours Pvt. Ltd., Elan Chemical, Synergy Flavors, Inc., Weber Flavors,
International Flavors & Fragrances, Inc., Firmenich SA., Robertet Group,
T.HASEGAWA CO., LTD., Symrise AG, MANE, Takasago International Corporation,
MTC-SO d.o.o., McCormick & Company, Inc., Others
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The Non-natural Flavoring Agents Market
explores the industry by emphasizing the growth parameters and categorizes
including geographical segmentation, to offer a comprehensive understanding of
the market dynamic. The further
bifurcations are as follows:
-By Flavor Type
-Plants
-Fruits
-Vegetables
-Herbs & Spices
-Others (Nuts, etc.)
-Animals
-Dairy
-Meat
-Beef
-Chicken
-Fish
-Egg
-Others (Lamb Meat, etc.)
-By Form
-Liquid
-Powder
-Others (Paste, Emulsion, etc.)
-By End Users
-Beverages
-Bakery
-Confectionery Items
-Snacks, Soups & Sauces
-Dairy and Frozen Products
-Pharmaceuticals & Dietary Supplements
-Animal and Pet Foods
-Others (Food Processing, Seasonings, etc.)
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia Pacific
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Market Dynamics -Global Non-natural
Flavoring Agents Market:
Significant Driver: Rising Propensity of the Customers to Opt for
Exotic & Aromatic Foods to Fuel the Market Growth
The demand for non-natural flavoring agents has been significantly
rising in various parts of the world specifically in nations such as India,
Egypt, the Philippines, Saudi Arabia, the UAE, etc., owing to the growing
adoption of exotic and aromatic food items. Additionally, the rising shift of
customers in these regions to try delicious food as well as change in lifestyle
remains the major reason behind the notable usage of non-natural flavoring
agents by food & beverage manufacturers.
Moreover, the growing tourism in Middle Eastern countries like Qatar,
Saudi Arabia, and the UAE, have also been resulting in the considerable usage
of non-natural flavoring agents by the manufacturers of ice cream, sweet, soups
& sauces, etc., to please tourists. For instance, as per the ‘Government of
Dubai’, tourism in the UAE ramped up by 32% in 2021 in comparison with 2020.
Whereas in Qatar, tourism grew by 5% in 2021 in comparison to 2020 reported by
the government of Qatar.
Therefore, the rising influx of tourism in the regions like the Middle
East, Asia Pacific, etc., along with the growing preferences by consumers to
opt for food items enriched with exotic flavors are predicted to amplify the
growth of the Global Non-Natural Flavoring market in the coming years.
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