Market Overview

Global Food Flavor & Enhancer Market 2018-2023: Consumers Preference for a Low-Salt, Low-Fat and Low-Carbohydrate is a Key Driver - ResearchAndMarkets.com

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The "Global
Food Flavor and Enhancer Market - Growth, Trends, and Forecast (2018 -
2023)"
report has been added to ResearchAndMarkets.com's
offering.

With the robust growth in the processed food industry coupled with the
food service giants, the food flavor and enhancer market is expected to
register a CAGR of 3.8% for the forecast period 2018-2023.

The changing lifestyle of people has also impacted their food habits.
Owing to the increase in working women population there is a need in the
market for processed foods, impelling food manufacturers to cater to the
growing population resulting in the use of several flavors and enhancers.

The consumers preference for a low-salt, low-fat and low-carbohydrate
diet is also a key driver in the increase of consumption of flavors and
enhancers. Consumer demand for fresh, fast, and healthy food that is
driving the innovation and new food and flavor product development. The
market for flavors and flavor enhancers perceived as natural is fast
growing, especially amongst the developed markets of North America and
Europe.

The global market for food flavor and enhancer is segmented on the basis
of product type, application and geography. By type, the artificial
flavors are expected to witness a fall in the market due to consumer
preference for natural flavors. However, monosodium glutamate holds the
major share, more than the natural flavors. The major constraint in the
natural flavors industry is the need for large amounts of natural
resources to extract flavors and enhancers according to consumer
preference.

Notable Developments

  • PureCircle, the leading producer of the world and innovator of
    great-tasting stevia sweeteners for the global beverage and food
    industry launched new stevia leaf-based flavor enhancers in vanilla
    and cocoa flavors, enabling companies to produce products at a
    manageable price point.

Key Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Market Analysis

6. Competitive Landscape

7. Company Profiles

  • Archer Daniels Midland (ADM)
  • BASF
  • Cargill Inc.
  • Corbion Purac
  • DuPont - Danisco
  • FMC Corporation
  • Givaudan
  • International Fragrance & Flavors Inc. (IFF)
  • Kerry Group
  • Sensient

For more information about this report visit https://www.researchandmarkets.com/research/2thl3z/global_food?w=4

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