Flavors Market: Rise in Demand for Natural Flavors Rather Than the Synthetic, for Utilized to Enhance & Accelerate the Taste, Smell

Published By: Zion Market Research

Global Flavors Market will reach USD 15.60 Billion by
2021: Zion Market Research

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Flavors Market

Zion Market Research has published a new report titled “Flavors Market by Type (Natural
and Synthetic) for Beverages, Bakery, Confectionery, Dairy, Savory & Snacks and Others
Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 –
2021.” According to the report, global demand for flavors was valued at USD 11.50
billion in 2015 and is expected to reach USD 15.60 billion in 2021, growing at a CAGR
of 7.5% between 2016 and 2021. In terms of volume, the global flavors market stood
at 587.0 million tons in 2015.
Request Sample Report: https://www.zionmarketresearch.com/sample/flavors-market
A flavor is a very important entity of the food industry. It is primarily utilized to enhance and
accelerate the taste, smell, and color of the products. It is available in two categories i.e.
natural and synthetic. However, natural flavors are in great demand due to the shifting
preferences for natural flavors rather than the synthetic. Natural flavors are derived from
fruits, vegetables, and other substances, while synthetic flavors are obtained from

Flavors Market
chemicals. It has many diverse applications such as food and beverages, oral care industry,
the beer industry, etc.
The major driving factor of global flavors market is growing demand for convenience food
across the globe. Secondly, the demand for various flavors is increasing from the beverages
industry which is expected to fuel the demand for flavors during the years to come.
However, stringent rules and regulations imposed by regulatory bodies on flavors are likely
to hinder the growth of the market. Furthermore, new...