Food & Agriculture Trends

The   Beverage Flavoring Systems Market  is estimated to be valued at USD 3.8 billion in 2018 and is projected to reach USD 5.2 billion by 2023, growing at a CAGR of 6.1% during the forecast period. The growing demand for a variety of innovative flavors in soft drinks, the launch of advanced technologies in flavor processing, increasing consumer inclination toward clean-label and organic products, and favorable regulatory environment for fortified products are some of the driving factors of this market. Download PDF Brochure Based on beverage type, the beverage flavoring systems market is segmented into alcoholic and non-alcoholic beverages. The non-alcoholic segment is estimated to account for the largest share in 2018 due to the growing consumption of carbonated soft drinks, juices, and functional drinks. Fortification is observed as a key trend in the beverages market, providing opportunities to the manufacturers to launch flavor systems with novel products. The Asia Pacifi...

The beverage flavoring systems market is projected to grow from USD 3.8 billion in 2018 to USD 5.2 billion by 2023, at a compound annual growth rate (CAGR) of 6.1% during the forecast period. The launch of advanced technologies in flavor processing, the increasing consumer inclination toward clean-label and organic products, and the favorable regulatory environment for fortified products are the factors projected to drive the market for beverage flavoring systems.   Download PDF Brochure By ingredient, the flavoring agents segment is projected to account for the largest share in the beverage flavoring systems market Since consumers are becoming more health conscious, the demand for low-salt, low-sugar, and low-fat beverages is high; this has been fueling the demand for taste modulators and taste-masking agents. The growth of this segment is also attributed to the growing consumption of fortified beverages, owing to their nutritional values. To cater to consumer demands for na...