Natural Flavoring Agent Market Research Report 2022-2027: Industry Expected to Grow Approx. 6.9% CAGR

In-Depth Analysis of the Global Natural Flavoring Agent Market: 2022-2027 Forecasts

MarkNtel Advisors has recently released an in-depth study on the Natural Flavoring Agent Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.

What are the primary market insights shaping the trajectory of the industry?

The Global Natural Flavoring Agent Market is projected to grow at a CAGR of around 6.9% during the forecast period, i.e., 2022-27.

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Who are the top companies in the Natural Flavoring Agent Market?

Dohler
Samjung Flavor
Royal DSM N.V.
Keva Flavors
Givaudan SA
Firmenich SA
International Flavors & Fragnances, Inc.
Symrise AG
Archer-Daniels-Midland Company
Sensient Technologies Corporation
Mane SA
Robertet Group
Kerry Group
Hasegawa Co.Ltd
Ingredion Incorporated
Nikken Foods Company, Ltd.

Global Natural Flavoring Agent Market Segmentation:

By Application

Beverages
- Alcoholic Beverages
  - Beer
  - Wine
  - Cider
  - Spirits & Liqueurs
  - Others
- Non-Alcoholic Beverages
  - Water
  - Energy Drinks
  - Carbonated Soft Drinks
  - Sport Drinks
  - Cereal and Malt Beverages
  - Others
Bakery
- Pastries
- Cakes
- Biscuits
- Others
Snacks, Soups & Sauces
Confectionery
- Sweets
- Chocolates
- Chewing Gums
- Others
Dairy and Frozen Products
- Yogurt
- Ice Cream
- Diary Drinks
- Others
Pharmaceuticals & Dietary Supplements
Animal and Pet foods
Others

By Form

Liquid
Powder
Paste & Emulsion

By Source

Plants
- Fruits
- Vegetables
- Herbs & Spices
- Nuts
Animals
- Dairy
- Meat
  - Beef
  - Chicken
  - Fish
  - Egg

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Regional/ Countries Insight:

North America
South America
Europe
Middle East & Africa
Asia Pacific

What are the primary market drivers influencing the growth of Natural Flavoring Agent Market?

Key Driver: Growing Awareness about Natural Ingredients in Food

Food consumption levels worldwide have grown considerably due to rapid urbanization and a surge in disposable income. Mounting awareness regarding healthy lifestyles is compelling consumers to include natural ingredients in their food, which, in turn, is positively impacting the demand for natural flavoring agents.

With the growing world population, the pressure on flavor manufacturers in an already competitive space is increasing, i.e., leading them to offer innovative natural flavors. Additionally, the food & beverage industry is linked increasingly with the health & wellness space and consumer expectation for delicious products that support health alongside environmental & social aspirations. This has forced manufacturers to develop new products for consumers. For instance:

In 2021, Firmenich launched Dynarome® SR, an Innovative Natural Ingredient, to provide meat-like juiciness in Plant-based alternatives. The solution offered by the company assists in recreating the juicy taste in vegan products.
In 2019, Givaudan launched an innovative flavoring approach to change the taste experience of meat substitutes created from textured vegetable protein. The type of protein is used widely in plant-based meat alternatives.

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Gain a Competitive Edge with Market Research Report

The Global Natural Flavoring Agent Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
Apart from market trends and projections, the Global Natural Flavoring Agent Market Report assists in assessing and mitigating risks associated with entering or operating in the market
By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.

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