Market Research Report
Latin America, Middle East & Africa Food Flavors Market (2019-2025)
|Published by||KBV Research||Product code||911077|
|Published||Content info||123 Pages
Delivery time: 1-2 business days
|Latin America, Middle East & Africa Food Flavors Market (2019-2025)|
|Published: August 31, 2019||Content info: 123 Pages||
The Latin America, Middle East and Africa Food Flavors Market would witness market growth of 5.8% CAGR during the forecast period (2019-2025).
Consumers are increasingly using organic food products because of the growing consciousness of their health. Manufacturers, therefore, intend to create new and innovative formulations in the food products industry such as natural food Flavors obtained from exotic fruits. Moreover, market players have embraced new, advanced techniques for easy production and preservation of the initial Flavors, such as solid-liquid extraction (SLE) and supercritical carbon dioxide extraction. New Flavors and technology are driving the growth of the market in food products. In addition, the market in food Flavors is anticipated to offer profitable possibilities in the coming years, such as increased demand for processed foods & beverage with a rise in disposable income, increasing demand in multiple food applications and growing in the popularity of exotic Flavors.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.