Artificial Flavors Market Size, Share, Trend, Segmentation, Industry Analysis, Opportunities And Forecast To 2027

The Global Artificial Flavors Market size is projected to reach USD 15.20 billion from USD 9.27 billion in 2019, delivering a CAGR of 5.3% through 2027. Increasing consumer demands for exotic flavored food & beverage is likely to drive global artificial flavors market growth.

The artificial flavors are synthetically made in laboratories but are made in a manner that they taste and smell similar to the natural ingredient. Manufacturers make sure that the synthetic flavor nicely replicates the aroma and taste of the real ingredient in the final food or beverage product. As artificial flavors are made in laboratories, they are governed and labeled by regulatory bodies such as the Food and Drug Administration, European Food Safety Authority, and others. These agencies ensure the safety of artificial flavoring substances for human consumption.

Changing lifestyles with rapid globalization and urbanization trends will fuel the demand for variety in food and beverages, which, in turn, will create lucrative opportunities for the global artificial flavors market growth. Also, increasing consumption of fast-food items, extensive advancements in the synthetic flavoring substances, along with exponential growth of the F&B industry in the Asia Pacifica region will foster artificial flavors market share through 2027.

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Key participants in the global artificial flavors market include International Flavors & Fragrances, Firmenich SA, Givaudan, Frutarom Industries Ltd., Robertet Group, T. Hasegawa Co., Ltd., Symrise AG, Takasago International Corporation, MANE, and Robertet Group, among others.

For the purpose of this report, Reports and Data has segmented the Global Artificial Flavors Market on the basis of the applications, form factor, type, end-use, and region:

Applications Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• Dairy & Beverages
• Medicine
• Confectionery & Snacks
• Meats
• Others

Form Factor Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• Liquid
• Powder

Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• Flavoring Tastes
• Flavoring Smell
• Flavoring Colors
• Mixed Flavoring Content

End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• Edible
• Non-Edible

Regional Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• North America
  • U.S.
• Europe
  • U.K.
  • France
• Asia Pacific
  • China
  • India
  • Japan
• MEA
• Latin America
  • Brazil

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Further key findings from the report suggest

• On the basis of type, the flavoring smell segment accounted for 38.8% of the global artificial flavors market revenue share in 2019 and is forecast to showcase a growth rate of 5.2% through 2027.
• The mixed flavoring content segment is estimated to exhibit a CAGR of 4.5% over the analysis period.
• Based on the form, the liquid segment is estimated to account for the largest share in the artificial flavors market, delivering a CAGR of 5.4% through 2027.
• On the basis of application, the dairy & beverages segment accounted for the majority of share in the artificial flavors industry in 2019 and is set to witness the highest growth rate of 6% through 2027.
• The meat segment is likely to witness a growth rate of 5.9% over the analysis period.
• Based on end-use, the edible artificial flavors segment accounted for significant revenue generation in 2019 and is forecast expected to grow at a CAGR of 5.4% through 2027.
• In the regional landscape, Europe is estimated to register a CAGR of 4.7% through 2027 on account of inflating demand for flavored nutraceuticals and dietary supplements in the region. Furthermore, the major presence of key industry players in Switzerland and France will positively impact regional market growth.
• North America is estimated to account for 25.7% of share in the artificial flavors market, registering a CAGR of 5.8% over the analysis period. The robust growth can be attributed to the presence of key industry players, along with the massive consumption of fast-food in the region.
• The industry players are adopting several strategies such as acquisitions, mergers, collaborations, new product development, and capacity expansion, thereby supporting the overall growth of the market. Moreover, rising investments by the key industry players for the R&D activities will further bolster market growth over the analysis period.
• In February 2020, a leading global fragrance & flavor manufacturer, Iberchem S.A., acquired of two flavor companies, namely Duomei and Flavor Inn Corporation, based in China and Malaysia, respectively. The acquisition has better positioned Iberchem to expand its footprint in Asia.

Key insights presented in the report:

• Market revenue shares by major business players, by type, application, and market scope of global Artificial Flavors market
• Sales revenue by key players and new entrants
• Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight into recent trends and opportunities.

Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/2589

Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Read Full Press Release: https://www.reportsanddata.com/press-release/global-artificial-flavors-market

The post Artificial Flavors Market Size, Share, Trend, Segmentation, Industry Analysis, Opportunities And Forecast To 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

The Global Artificial Flavors Market size is projected to reach USD 15.20 billion from USD 9.27 billion in 2019, delivering a CAGR of 5.3% through 2027. Increasing consumer demands for exotic flavored food & beverage is likely to drive global artificial flavors market growth.

The artificial flavors are synthetically made in laboratories but are made in a manner that they taste and smell similar to the natural ingredient. Manufacturers make sure that the synthetic flavor nicely replicates the aroma and taste of the real ingredient in the final food or beverage product. As artificial flavors are made in laboratories, they are governed and labeled by regulatory bodies such as the Food and Drug Administration, European Food Safety Authority, and others. These agencies ensure the safety of artificial flavoring substances for human consumption.

Changing lifestyles with rapid globalization and urbanization trends will fuel the demand for variety in food and beverages, which, in turn, will create lucrative opportunities for the global artificial flavors market growth. Also, increasing consumption of fast-food items, extensive advancements in the synthetic flavoring substances, along with exponential growth of the F&B industry in the Asia Pacifica region will foster artificial flavors market share through 2027.

To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2589

Key participants in the global artificial flavors market include International Flavors & Fragrances, Firmenich SA, Givaudan, Frutarom Industries Ltd., Robertet Group, T. Hasegawa Co., Ltd., Symrise AG, Takasago International Corporation, MANE, and Robertet Group, among others.

For the purpose of this report, Reports and Data has segmented the Global Artificial Flavors Market on the basis of the applications, form factor, type, end-use, and region:

Applications Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• Dairy & Beverages
• Medicine
• Confectionery & Snacks
• Meats
• Others

Form Factor Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• Liquid
• Powder

Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• Flavoring Tastes
• Flavoring Smell
• Flavoring Colors
• Mixed Flavoring Content

End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• Edible
• Non-Edible

Regional Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

• North America
  • U.S.
• Europe
  • U.K.
  • France
• Asia Pacific
  • China
  • India
  • Japan
• MEA
• Latin America
  • Brazil

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2589

Further key findings from the report suggest

• On the basis of type, the flavoring smell segment accounted for 38.8% of the global artificial flavors market revenue share in 2019 and is forecast to showcase a growth rate of 5.2% through 2027.
• The mixed flavoring content segment is estimated to exhibit a CAGR of 4.5% over the analysis period.
• Based on the form, the liquid segment is estimated to account for the largest share in the artificial flavors market, delivering a CAGR of 5.4% through 2027.
• On the basis of application, the dairy & beverages segment accounted for the majority of share in the artificial flavors industry in 2019 and is set to witness the highest growth rate of 6% through 2027.
• The meat segment is likely to witness a growth rate of 5.9% over the analysis period.
• Based on end-use, the edible artificial flavors segment accounted for significant revenue generation in 2019 and is forecast expected to grow at a CAGR of 5.4% through 2027.
• In the regional landscape, Europe is estimated to register a CAGR of 4.7% through 2027 on account of inflating demand for flavored nutraceuticals and dietary supplements in the region. Furthermore, the major presence of key industry players in Switzerland and France will positively impact regional market growth.
• North America is estimated to account for 25.7% of share in the artificial flavors market, registering a CAGR of 5.8% over the analysis period. The robust growth can be attributed to the presence of key industry players, along with the massive consumption of fast-food in the region.
• The industry players are adopting several strategies such as acquisitions, mergers, collaborations, new product development, and capacity expansion, thereby supporting the overall growth of the market. Moreover, rising investments by the key industry players for the R&D activities will further bolster market growth over the analysis period.
• In February 2020, a leading global fragrance & flavor manufacturer, Iberchem S.A., acquired of two flavor companies, namely Duomei and Flavor Inn Corporation, based in China and Malaysia, respectively. The acquisition has better positioned Iberchem to expand its footprint in Asia.

Key insights presented in the report:

• Market revenue shares by major business players, by type, application, and market scope of global Artificial Flavors market
• Sales revenue by key players and new entrants
• Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight into recent trends and opportunities.

Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/2589

Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.

Explore Reports and Data’s Prime Analysis of the global Foods & Beverage:

1. Kava Root Extract Market Size, Share & Analysis, By Application, By Type and By Region Forecast To 2027
2. Cassava Starch Market Size, Share & Analysis, By Type, By Application, And By Region Forecast To 2028
3. Meat Starter Cultures Market Size, Share & Analysis, By Type, By Application and By Region, Global Forecast To 2028
4. Food Antioxidants Market Size, Share & Trends, By Product and By Application Forecasts To 2027
5. Organic Feed Market Size, Share & Analysis, By Product, By Application and Forecasts To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Read Full Press Release: https://www.reportsanddata.com/press-release/global-artificial-flavors-market

The post Artificial Flavors Market Size, Share, Trend, Segmentation, Industry Analysis, Opportunities And Forecast To 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.