Flavor Enhancer Market Competitive Analysis with Leading Market Players - International Flavors & Fragrances Inc. IFF, Givaudan, FIRMENICH SA, Takasago International Corporation, Sensient Technologies Corporation, Mane, Senomyx Inc., Innova and DuPont Nut

Flavor enhancer is a chemical substance added to a processed food and beverages to enhance its flavor. Flavor is one of the main components for overall food ingredients market. Modernization and globalization are the important factors that have increased demand for flavor enhancer market. In market, there is a need for impelling food manufacturers and processed foods to serve the growing population, the consumer demand for low-fat, low-carbohydrate and low salt diet are some of the major factors which drives the growth of flavor enhancer market.

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Flavor enhancing compounds can be produced by biotech method which are known as natural compounds. The higher consumption of desserts and increasing application of innovative technology is projected to expand the growth of flavor enhancing market during the forecast period. The regulatory limitations, high entry barrier and increasing raw material prices are some of the factors which are affecting the growth of flavor enhancer market.

Food flavors and enhancer have wide application in the beverage industry and occupy most of the share in global flavor enhancer market, followed by dairy and bakery products. From the source type of flavor enhancer, rise in consumer preference towards natural flavors as compared to artificial flavor enhancer is expected to boost the global flavor enhancer market.

Global Flavor Enhancer Market Outlook-

Of the main global region, the flavor enhancers market is large in North America, followed by Asia Pacific and Western Europe. The North America and Europe contributes over half of the worldwide consumption of flavor enhancer market. Flavor enhancer in powdered form is most commonly used as it is easier to use as compared to that of liquid and semi liquid form hence it accounts the largest share in the flavor enhancer market. There is a growing demand for processed food in Asia Pacific region which is likely to surpass the global flavor enhancer market.

Some of the key players in the global flavor enhancer market are International Flavors & Fragrances Inc. IFF, Givaudan, FIRMENICH SA, Takasago International Corporation, Sensient Technologies Corporation, Mane, Senomyx Inc., Innova and DuPont Nutrition & Health, A & Z Food Additives Co. Ltd., Kerry Group and Symrise.

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