The Europe Food Flavors Market would witness market growth of 5.07% CAGR during the forecast period (2019-2025).
Increased demand is the main factor in food Flavor industry around the globe for ready-to-eat dishes and fast foods. In addition, the other variables augmenting the development of the meat Flavored industry are the innovative technologies and new Flavored products and the heavy flow of R&D investments. The next trend is to use natural Flavors due to an increase in awareness of health. Due to factors like enhanced living standards, change in culture, and growth of beverages, the natural Flavors segment accounted for over half the world market share in food products. Moreover, strong demand for Flavors, free of additives or other damaging substances, in the European countries to create a market-oriented clean label or green food products has stimulated the growth of the market for natural Flavors.
Based on Type, the market is segmented into Natural Flavors and Artificial Flavors. Based on End Use, the market is segmented into Beverages, Dairy & Frozen Products, Bakery & Confectionery, Savory & Snacks and Animal & Pet Food. The report also covers geographical segmentation of Food Flavors market. Beverages segment is further categorized across Hot Drinks, Soft Drinks and Alcoholic Drinks. Dairy & Frozen Products segment is further segmented into segment is further segmented into Dairy Products and Frozen Products. Bakery & Confectionery segment is further classified into Bakery, Confectionery, Ice Cream and Chocolate. Savory & Snacks segment is further segmented into Savory and Snacks. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke DSM N.V., Archer Daniels Midland Company, FMC Corporation, Kerry Group, Sensient Technologies Corporation, Chr. Hansen Holding A/S, Doehler Group SE, SunOpta, Inc., BASF SE, and Corbion NV.
Market Segmentation:
By Type
By End Use
By Country
Companies Profiled
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