Press release
Harvesting Health: The Nutritional Appeal of Plant-Based Flavors worth US$ 17.55 Billion
Plant-Based Flavor Market Outlook (2024 to 2034)
The market for plant-based flavors is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2034, from an estimated US$ 11 billion in 2024 to US$ 17.55 billion by the end of 2034.
๐๐ฒ๐ ๐ฎ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฐ๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐
https://www.factmr.com/connectus/sample?flag=S&rep_id=9868
๐๐ฒ๐ฎ๐น๐๐ต๐ถ๐ฒ๐ฟ ๐๐ต๐ผ๐ถ๐ฐ๐ฒ๐, ๐ฆ๐๐๐๐ฎ๐ถ๐ป๐ฎ๐ฏ๐น๐ฒ ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐
Consumers are increasingly aware of the health benefits of plant-based diets and the environmental impact of animal agriculture. This awareness is leading them to embrace plant-based alternatives, and plant-based flavors offer a natural and sustainable solution. These flavors enhance the taste and aroma of various food and beverage products while aligning with consumers' health and environmental values.
Plant-based flavors are not confined to a single category. Their versatility extends across a wide range of products, from plant-based meats and dairy alternatives to beverages, snacks, and confectionery items. This diversification presents exciting opportunities for flavor manufacturers and food companies to innovate and cater to evolving consumer preferences.
๐ง๐ต๐ฒ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐ผ๐ณ ๐ฃ๐น๐ฎ๐ป๐๐
The increasing recognition of plant-based ingredients for their flavor-enhancing properties is driving their adoption in flavor creation. Herbs, spices, fruits, vegetables, and botanical extracts are being utilized to create unique and flavorful profiles, without compromising on taste or quality. The natural appeal and versatility of these ingredients resonate with consumers seeking clean label products and transparent ingredient sourcing.
๐ง๐ผ๐ฝ ๐ ๐ฎ๐ป๐๐ณ๐ฎ๐ฐ๐๐๐ฟ๐ฒ๐ฟ๐
โข Givaudan
โข Firmenich
โข Symrise AG
โข International Flavors & Fragrances Inc. (IFF)
โข Sensient Technologies Corporation
โข Kerry Group
โข MANE
โข Takasago International Corporation
โข Flavorchem Corporation
โข Robertet Group
๐๐๐๐๐ฟ๐ฒ ๐๐ฟ๐ผ๐๐๐ต ๐ฃ๐ฟ๐ผ๐๐ฝ๐ฒ๐ฐ๐๐ ๐ฎ๐ป๐ฑ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐
The plant-based flavor market is projected for robust growth, fueled by rising consumer demand, product innovation, and strategic partnerships across the food industry. As food manufacturers strive to meet evolving consumer needs, the demand for plant-based flavors is expected to continue expanding across global markets. Additionally, advancements in flavor technology and extraction methods are anticipated to drive further innovation and differentiation within this exciting segment.
๐ฅ๐ฒ๐ฎ๐ฑ ๐ ๐ผ๐ฟ๐ฒ
https://www.factmr.com/report/plant-based-flavor-market
๐ฅ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐
Plant Protein Ingredient Market
https://www.factmr.com/report/4507/plant-protein-ingredient-market
Plant-based Skincare Products Market
https://www.factmr.com/report/plant-based-skincare-products-market
Plant Based Packaging Market
https://www.factmr.com/report/plant-based-packaging-market
Vegan Supplements Market
https://www.factmr.com/report/vegan-supplements-market
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