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Global Flavors (Food and Beverages) Market

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<strong>Global</strong> <strong>Flavors</strong> (<strong>Food</strong> <strong>and</strong> <strong>Beverages</strong>)<br />

<strong>Market</strong><br />

Size, Share, Trends, Analysis, Opportunities, Growth,<br />

<strong>and</strong> Forecast, 2014 – 2020<br />

© ALLIED MARKET RESEARCH


<strong>Flavors</strong> are essential part of the food processing industry to maintain the taste of a product. <strong>Food</strong><br />

flavors are made of three components—taste, smell <strong>and</strong> color. <strong>Food</strong> flavors are essential part of<br />

the food processing industry to maintain the taste of a product. <strong>Food</strong> <strong>and</strong> beverage industries<br />

require flavor for different purposes such as new product development, to add new product line<br />

<strong>and</strong> to change the taste of existing product. High dem<strong>and</strong> of new flavors from food <strong>and</strong> beverages<br />

industry <strong>and</strong> continuous innovation are driving the global food flavors market. Additionally,<br />

increasing dem<strong>and</strong> from fast food industry is fuelling the market growth. However, rising health<br />

awareness of the global population could pose a major threat to the overall market.Intensive<br />

research carried out to develop a cure for fatal brain disorders <strong>and</strong> injuries, <strong>and</strong> the rising number<br />

of government funding with a view to encourage BCI research studies are likely to boost the<br />

market. However, the ethical problem faced during the research i.e., to use BCI to treat patients<br />

whose informed consent cannot be obtained, can act as a restraint for the BCI market. In most<br />

of the cases, it is not possible to define or restrict the amount of information that can be retrieved<br />

from the patient. BCI is comparatively a naïve technology <strong>and</strong> many of its applications are yet to<br />

be commercialized <strong>and</strong> are a part of laboratory research.<br />

Get Full Access for the Report at: http://www.alliedmarketresearch.com/flavors-market<br />

Companies are exp<strong>and</strong>ing its geographical operations in developing regions to maintain their<br />

growth rate. For example, Givaudan has recently started its manufacturing plant in Nigeria to<br />

increase its customer base. Key market players are also exp<strong>and</strong>ing their product portfolio to<br />

maintain the market profitability. For example, Kerry Group has added barbeque flavored meat<br />

snacks br<strong>and</strong>, “Meateors”. Meateors is launched to target the male consumer between the age<br />

group of 20 to 32.<br />

The report offers incisive information on other market strategies such as collaboration,<br />

acquisition, innovation, etc. Also, to provide a deeper understating, the report segments the<br />

global food flavors market based on type, application <strong>and</strong> geography. The type segment includes<br />

natural flavor <strong>and</strong> artificial flavor market. The natural flavors can be used in their natural form or<br />

processed form. Beverage companies in US <strong>and</strong> Europe prefer to use natural flavors. Artificial<br />

flavors are chemically derived <strong>and</strong> widely used in beverage industries. The application segment<br />

consists of food <strong>and</strong> beverages, savory <strong>and</strong> snacks, bakery <strong>and</strong> confectionery, dairy <strong>and</strong> frozen<br />

products, <strong>and</strong> animals <strong>and</strong> pet foods. <strong>Beverages</strong> is the leading application segment within the<br />

global food flavors market.<br />

Geographically, the market is segmented as North America, Eastern Europe, Western Europe,<br />

Asia-Pacific. Latin America, Middle East <strong>and</strong> Africa. North America is the largest market for food<br />

flavor followed by Asia-Pacific <strong>and</strong> Europe.<br />

To offer a comprehensive view of the market competitors, the report have profiled top key<br />

players in the global food flavors market. The report gives important market strategies <strong>and</strong> key<br />

© ALLIED MARKET RESEARCH


moves of the top players such as Kerry Group, Givaudan, Firmenich, Sensient Technologies<br />

Corporation, Symrise AG, Frutarom Industries to underst<strong>and</strong> their influence on the overall market.<br />

Other key players listed in the report are, Hasegawa Co., International <strong>Flavors</strong> & Fragrance Inc.,<br />

Wild <strong>Flavors</strong> Inc, Huabao International <strong>and</strong> Takasago International Corp<br />

About Us:<br />

Allied <strong>Market</strong> Research (AMR) is a full-service market research <strong>and</strong> business-consulting wing of<br />

Allied Analytics LLP based in Portl<strong>and</strong>, Oregon. Allied <strong>Market</strong> Research provides global enterprises<br />

as well as medium <strong>and</strong> small businesses with unmatched quality of "<strong>Market</strong> Research Reports"<br />

<strong>and</strong> "Business Intelligence Solutions". AMR has a targeted view to provide business insights <strong>and</strong><br />

consulting to assist its clients to make strategic business decisions <strong>and</strong> achieve sustainable growth<br />

in their respective market domain.<br />

We are in professional corporate relations with various companies <strong>and</strong> this helps us in digging<br />

out market data that helps us generate accurate research data tables <strong>and</strong> confirms utmost<br />

accuracy in our market forecasting. Each <strong>and</strong> every data presented in the reports published by us<br />

is extracted through primary interviews with top officials from leading companies of domain<br />

concerned. Our secondary data procurement methodology includes deep online <strong>and</strong> offline<br />

research <strong>and</strong> discussion with knowledgeable professionals <strong>and</strong> analysts in the industry.<br />

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