Flavors Market
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<strong>Flavors</strong> <strong>Market</strong><br />
The beverage application is expected to grow at CAGR of 10.0% in near future. Moreover,<br />
emerging market is likely to grow the demand for dairy and savory & snacks within the forecast<br />
period.<br />
Browse the full "<strong>Flavors</strong> <strong>Market</strong> by Type (Natural and Synthetic) for Beverages,<br />
Bakery, Confectionery, Dairy, Savory & Snacks and Others Applications: Global<br />
Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment,<br />
Trends and Forecast, 2015 – 2021" report<br />
at https://www.zionmarketresearch.com/report/flavors-market<br />
In 2015, North America dominated the market for flavors with 30.0% market share followed by<br />
Europe. This was mainly contributed by heavy consumption of beverages in this region due to<br />
the climatic condition in the region. Asia Pacific is likely to experience high-growth over the<br />
period due to the growing demand for flavors used in sauces & seasonings especially in emerging<br />
economies such as China, India, Bangladesh and Sri Lanka. Moreover, Latin America, Middle<br />
East and Africa also projected to have moderate growth for flavors market in coming years.