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According to a new report, Global Flavors (Food and Beverages) Market, published by KBV Research, the global Flavors (Food and Beverages) Market is expected to attain a market size of $17.8 billion by 2022, growing at a CAGR of 6.2% during the forecast period. The Artificial market dominated the Global Flavors (Food and Beverages) Market by Product Type in 2015, and would continue to be a dominant market till 2022. The Natural market is expected to witness a CAGR of 9.7% during (2016 - 2022). The Animal Food market dominated the Global Animal & Pet Food Market by Type in 2015, and would continue to be a dominant market till 2022, growing at a CAGR of 7 % during the forecast period. The Pet Food market is expected to witness a CAGR of 10.3% during (2016 - 2022).
The Europe market dominated the Global Soft Drinks Market by Region in 2015, growing at a CAGR of 4.1 % during the forecast period. However, Asia-Pacific market would achieve a market value of $529.3 million during the same period. Additionally, The North America market is expected to witness a CAGR of 4% during (2016 - 2022). The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region.
The key influencing factors of the global Flavors (Food and Beverages)have been discussed in the report along with the elaborated company profiles of Archer Daniels Medical Company, Kerry Group, Givaudan, Firmenich International SA, Symrise AG, Sensient Technologies Corporation, International Flavors & Fragrances Inc., and Huabao International.
Full report - https://www.kbvresearch.com/global-flavors-food-beverages-market/
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