Asia Pacific is the largest region and one of the significantly growing markets in food flavours
The Food Flavors Market size is estimated to be valued at USD 16.4 billion in 2020 and is projected to reach USD 20.7 billion by 2025, recording a CAGR of 4.8% during the forecast period. The food flavors market is growing at a rapid pace with increasing innovations to launch customized flavor blends. Thus, manufacturers are exploring new revenue streams by launching customized blends in flavors. These customized flavor blends are being increasingly used to enhance the food & beverage product appearance and flavor. Therefore, the usage of flavors by food & beverage manufacturers to help strengthen their market positioning and create new product strategies is expected to aid the growth of the market further. Download PDF Brochure The development of advanced products, such as organic and natural beverage flavors, presents excellent opportunities for the growth of the food flavors market. Further opportunities for the market are seen in emerging economies through expan...