Asia Pacific Food Flavors Market By Type (Natural Flavors and Artificial Flavors) By End Use (Beverages, Dairy & Frozen Products, Bakery & Confectionery, Savory & Snacks and Animal & Pet Food)
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The Asia Pacific Food Flavors Market would witness market growth of 5.5% CAGR during the forecast period (2019-2025).
The food and beverage businesses have improved the additional value of their packaged meals and drinks with ethnic flavors and indigenous components while customers seek local and regional flavors. While ethnic flavors had already been discovered in foods packaged a few years earlier, more businesses now actively infuse regional ingredients and experiment with local styles, as customers can find comfort in the tastes they are familiar with. This is a shift from the times when cola drinks and potato chips monopolized grocery shops. The natural identical flavor is feasible and excellent for manufacturing flavors. In the food sector, flavor revenues have risen as the industry and restaurants have increased.
Based on Type, the market is segmented into Natural Flavors and Artificial Flavors. Based on End Use, the market is segmented into Beverages, Dairy & Frozen Products, Bakery & Confectionery, Savory & Snacks and Animal & Pet Food. The report also covers geographical segmentation of Food Flavors market. Beverages segment is further categorized across Hot Drinks, Soft Drinks and Alcoholic Drinks. Dairy & Frozen Products segment is further segmented into segment is further segmented into Dairy Products and Frozen Products. Bakery & Confectionery segment is further classified into Bakery, Confectionery, Ice Cream and Chocolate. Savory & Snacks segment is further segmented into Savory and Snacks. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke DSM N.V., Archer Daniels Midland Company, FMC Corporation, Kerry Group, Sensient Technologies Corporation, Chr. Hansen Holding A/S, Doehler Group SE, SunOpta, Inc., BASF SE, and Corbion NV.
Scope of the Food Flavors Market Analysis
- Natural Flavors and
- Artificial Flavors
By End Use
- Hot Drinks
- Soft Drinks
- Alcoholic Drinks
- Dairy & Frozen Products
- Dairy Products
- Frozen Products
- Bakery & Confectionery
- Ice Cream
- Savory & Snacks
- Animal & Pet Food
- Animal Food
- Pet Food
- South Korea
- Rest of Asia Pacific
- Koninklijke DSM N.V.
- Archer Daniels Midland Company
- FMC Corporation
- Kerry Group
- Sensient Technologies Corporation
- Chr. Hansen Holding A/S
- Doehler Group SE
- SunOpta, Inc.
- BASF SE
- Corbion NV
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