Press release
Biotech Flavors Market: Boosting the Growth, Market Dynamics and Trends, Forecast 2025 Givaudan, Sensient Technologies Corporation, Bell Flavors and Fragrances, Symrise AG, International Flavors & Fragrances
Global Biotech Flavors Market:The global biotech flavors market has significantly gained impetus due to increasing awareness among consumers, particularly in the developed countries owing to the negative impact caused by the artificially produced food flavors on human health. Increasing health-conscious population all across the world has augmented the growth of the global biotech flavors market, as there is a significant shift in preference from artificial to natural flavors. Rising awareness regarding the benefitted associated with the biotech flavors market is favoring the market to grow.
In this report, the global Biotech Flavor market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
These days it has been noticed that the consumer are more aware regarding the nutritional values of vegetables and fruits Apart from these benefits of increasing antioxidant levels, accompanied with reduced risks of metabolic diseases. Rising cases of obesity and diabetes across the world has stimulated the consumer all across the world to give away junk foods and uptake biotech flavors. These factors have increased the sales of the product. Biotech process which mainly consists of microbial fermentation, tissue culture, bio-conversion and plat tissue, enable to convert vegetables and fruits ingredients to desired flavors without impacting the nutritional value. These had made the global consumers to prefer biotech flavors.
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Fruity Flavor to Grow Significantly Owing To High Demand for Processed Food and BeveragesThe global biotech market has various types of flavors which lures the customers such as fruity, vanilla and vanillin, and other flavors. It has been noticed that fruit and vanilla and vanillin flavors are most asked for in the market. It is anticipated that the demand for fruit flavors is going to rise further owing to the high demand for processed food and beverage around the world. Demand for biotech flavors market is seen majorly from dairy products, bakery products, nutraceuticals, non-dairy ice cream, beverages, and confectionary products. Amongst these, it has been duly noted that the use for biotech flavors is majorly used for beverages. Demand for flavored beverages has favored the area to grow.
Leading Manufacturers in Biotech Flavors Market:
Givaudan, Sensient Technologies Corporation, Bell Flavors and Fragrances, Symrise AG, International Flavors & Fragrances, Takasago International Corporation, Frutarom Industries Ltd., Naturex, Firmenich S.A., Kerry Group Plc.
Market Segment by Regions, regional analysis covers:
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Segmentation of Biotech Flavors market by Types:
Vanilla and Vanillin
Fruity
Others
Segmentation of Biotech Flavors market by Applications:
Dairy Products
Beverages
Confectionery Products
Nutraceuticals
Others
Growing Awareness Regarding Benefits of Biotech Flavors Helps North America to Dominate The global biotech flavors market is stretched across Middle East and Africa, Asia pacific, Europe, Latin America, and North America. Amongst the pack, North America holds the major share owing to considerable awareness among consumers regarding the advantages associated to the biotech flavors. Recently, Europe held a considerate amount of share in the market, but researchers expects that North America will retain its position in years to come. On the other side, Asia Pacific is expecting to witness a surge in its demand due to high demand for biotech flavors from the emerging countries in the region such as India and China. The wellness and health trend is likely to be seen in the region which is likely to provide extra boost the growth of the market in the region. Manufacturers are focusing on innovating new flavors for beverages as they are of high demand in the region. This is likely to satisfy the rising demand in the region.
Table of Contents
Global Biotech Flavor Market Research Report
1 Biotech Flavor Market Overview
2 Global Biotech Flavor Market Competition by Manufacturers
3 Global Biotech Flavor Capacity, Production, Revenue (Value) by Region (2013-2018)
4 Global Biotech Flavor Supply (Production), Consumption, Export, Import by Region (2013-2018)
5 Global Biotech Flavor Production, Revenue (Value), Price Trend by Type
6 Global Biotech Flavor Market Analysis by Application
7 Global Biotech Flavor Manufacturers Profiles/Analysis
8 Biotech Flavor Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Biotech Flavor Market Forecast (2018-2025)
13 Research Findings and Conclusion
14 Appendix
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