Flavor enhancers are chemicals added to enhance the flavor of food and beverages without affecting their taste. Food flavor enhancers are commercially produced to manufacture frozen food such as frozen dinners and instant soups. The objective of introducing flavor enhancer can either be addition of intrinsic flavor to the product or introduction of an essence that has been lost or modified during the food processing. Flavor enhancers can be natural as well as artificial. Natural flavor enhancers increase the stability of food. Some examples include aroma, essential oils, and natural extracts. Fruit flavors, savory and citrus flavors are some of the artificial flavor enhancers.
MARKET DYNAMICS
The flavor enhancer market is anticipated to grow in the forecast period owing to driving factors such as increasing consumption of convenience food and beverages with changing lifestyles and food habits. Moreover, the development of innovative natural flavor products is another major factor driving the flavor enhancer market towards growth. However, the regulatory framework and international food safety standards may hamper the growth of the flavor enhancer market. Nonetheless, higher consumption of desserts in emerging markets and product innovations offer lucrative opportunities for the key players operating in the flavor enhancer market during the forecast period.
MARKET SCOPE
The "Global Flavor Enhancer Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of flavor enhancer market with detailed market segmentation by type, application, and geography. The global flavor enhancer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading flavor enhancer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global flavor enhancer market is segmented on the basis of type and application. Based on type, the market is segmented as acidulants, glutamates, hydrolyzed vegetable proteins, yeast extracts, and others. On the basis of the application the market is segmented as processed & convenience foods, beverages, meat & fish products and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global flavor enhancer market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The flavor enhancer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting flavor enhancer market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the flavor enhancer market in these regions.
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MARKET PLAYERS(image)
The reports cover key developments in the flavor enhancer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from flavor enhancer market are anticipated to lucrative growth opportunities in the future with the rising demand for flavor enhancer in the global market. Below mentioned is the list of few companies engaged in the flavor enhancer market.
The report also includes the profiles of key flavor enhancer companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-Associated British Foods plc
-Cargill, Incorporated
-Corbion nv
-Firmenich SA
-International Flavors & Fragrances Inc.
-Mane SA
-Novozymes A/S
-Sensient Technologies Corporation
-Synergy Flavors, Inc.
-Tate & Lyle PLC
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