Market Overview: Global Natural Flavoring Agent Market
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Natural Flavoring Agent Market Insights 2022-27
The Global Natural Flavoring Agents Market is projected to grow at a CAGR of around 6.9% during the forecast period, i.e., 2022-27.
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Top Players in the Natural Flavoring Agent Market:
- Dohler
- Samjung Flavor
- Royal DSM N.V.
- Keva Flavors
- Givaudan SA
- Firmenich SA
- International Flavors & Fragnances, Inc.
- Symrise AG
- Archer-Daniels-Midland Company
- Sensient Technologies Corporation
- Mane SA
- Robertet Group
- Kerry Group
- Hasegawa Co.Ltd
- Ingredion Incorporated
- Nikken Foods Company, Ltd.
Segmentation Analysis of Natural Flavoring Agent Market
Natural Flavoring Agent Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2022-27, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Application:
- Beverages
- Bakery
- Snacks, Soups & Sauces
- Confectionery
- Dairy & Frozen Products
- Pharmaceuticals & Dietary Supplements
- Animal & Pet Foods
- Others
Of them all, Beverages held a sizeable share in the Global Natural Flavoring Agents Market due to mounting health consciousness among consumers along with their growing demand for nutritious drinks. The high usage of artificial flavor in carbonated & energy drinks has been one of the prime causes of multiple lifestyle-based diseases among consumers worldwide, which, in turn, has shifted beverage manufacturers toward using natural agents in their product offerings.
As a result, several leading beverages manufacturers have started offering natural flavor-based drinks, i.e., encouraging other companies to adopt a similar strategy to attract health-conscious customers.
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-By Form
- Liquid
- Powder
- Paste & Emulsion
-By Source
- Plants
- Animals
A Comprehensive Geographical Analysis:
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
North America holds the major share in the Natural Flavoring Agents Market due to the consumers’ shift towards natural food ingredients, organic products, clean labeling, etc., during 2017-19, coupled with the extensive presence of natural flavoring agent manufacturers across the region.
Consumers in North America are rapidly shifting toward organic vegetables & fruits for improved health. These products are grown without the use of harmful chemical fertilizers & pesticides, and, as a result, they provide higher nutritional content than chemical-rich foods. Additionally, the long-term & severe effects of artificial ingredients & chemicals present in food products on health are also inclining consumers to opt for natural ingredients.
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