Flavors Market
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<strong>Flavors</strong> <strong>Market</strong><br />
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The major driving factor of global flavors market is growing demand for convenience food across<br />
the globe. Secondly, the demand for various flavors is increasing from the beverages industry<br />
which is expected to fuel the demand for flavors during the years to come. However, stringent<br />
rules and regulations imposed by regulatory bodies on flavors are likely to hinder the growth of<br />
market. Furthermore, new raw material sources are projected to open new opportunities for<br />
flavor market in coming years.<br />
The global flavors market is bifurcated in two types viz. natural and synthetic flavors. In 2015,<br />
natural flavors were in great demand across the globe and it accounted over 50% share of the<br />
entire market. Additionally, the dominance of the segment is expected to prolong within the<br />
forecast period owing to rising demand towards heath concerns.<br />
Beverages was the foremost application accounted over 25% share of the market and further it is<br />
predicted to continue this trend due to growing demand for beer consumption across the globe.
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