The U.S. flavors market is expected to reach USD
4.87 billion by 2025. Increasing consumption of processed & ready-to-eat
products has fostered the demand for flavor enhancing additives to offset low
food quality and tasteless products.
Access
Full Report With TOC @ https://www.radiantinsights.com/research/us-flavors-market
Increasing consumer awareness regarding detrimental
effects of synthetic chemicals in artificial food ingredients is expected to
promote organic & natural flavor consumption. Rising consumer disposable
income and expanding food & beverage sector in the U.S are also expected to
contribute to natural extracts demand over the forecast period.
Feed grains are also being utilized for alternative
applications such as bio-fuel generation, which has diverted food supply to
some extent in the U.S. Processed foods are thus being consumed to a larger
extent in order to counterpoise dwindling fresh food supplies, which has driven
flavors consumption to enhance taste & quality.
Beverages were the leading application segment for
liquid additives with valuation of over USD 1.39 billion in 2016. Rising demand
for these additives in products such as sports and energy, carbonated and alcoholic
drinks to enhance taste and aroma is expected to drive segment growth.
Request
A Sample Copy Of This Report at: https://www.radiantinsights.com/research/us-flavors-market/request-sample
Further
key findings from the report suggest:
- U.S. flavor market size is expected to reach USD 4,868.4 million by 2025, growing at a CAGR of 2.2% from 2017 to 2025
- Liquid products are expected to remain the largest segment over the forecast period owing to high utilization by numerous processed food manufacturers seeking to lower production costs
- Increasing demand for natural products and ingredients in food & beverage sector are anticipated to drive liquid flavor extracts demand. The segment was estimated at over USD 447 million in 2016 which is projected to grow at highest CAGR of 3.2% over the forecast period
- Powdered flavors was the largest category within dry products, owing to high consumption in beer which utilizes multiple dry malts. These additives are incorporated to offset the strong aroma & taste of 'hops', a key ingredient in beer production.
- Increasing consumption of exotic & unique textured products is also driving the demand for dry herbs & spices. The segment is anticipated to grow at over 1.7% CAGR over the forecast period.
- Beverages emerged as the largest application segment in terms of revenue with over 53% volume share in 2016. The segment is also anticipated to emerge as the fastest growing application with over 2.4% CAGR from 2017 to 2025.
- Major industry participants include Symrise AG, Frutarom Industries Ltd., Givaudan SA and International Flavors & Fragrances Inc. among others
About
Radiant Insights,Inc
Radiant Insights is a platform for companies looking
to meet their market research and business intelligence requirements. We assist
and facilitate organizations and individuals procure market research reports,
helping them in the decision making process. We have a comprehensive collection
of reports, covering over 40 key industries and a host of micro markets. In
addition to over extensive database of reports, our experienced research
coordinators also offer a host of ancillary services such as, research
partnerships/ tie-ups and customized research solutions.
Media
Contact:
Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
No comments:
Post a Comment