Press release
Global Bio-Tech Flavor Market : North America to Grow at 11.1% CAGR by 2024
Bio-tech flavor has less shelf life as compared to shelf life of natural and artificial flavors. As there is no added artificial compound such as artificial preservatives, average shelf life of bio-tech flavors are around six months to one year only. Increasing shelf life of natural and fruity flavor is a real challenge in order to enhance growth of the global bio-tech flavors market. Mostly, vanilla & vanillin flavors are not used in soda drinks due to reaction issues. This is another growth restraining factor for the global bio-tech flavors market in terms of value.
According to the latest market report published by Persistence Market Research titled ‘Bio-Tech Flavor Market: Global Industry Analysis and Forecast 2016–2024’, the revenue generated from global sales of bio-tech flavor has been estimated to be valued at US$ 906.7 Mn by 2016 end and is expected to increase at a CAGR of 11.0% during 2016–2024 reaching a value of US$ 2,092.2 Mn by 2024.
Bio-tech flavor is an alternative to organic synthesis of flavors. Traditionally, fermentation process is used for extracting flavor from its source using micro-organisms and special enzymes. However, with the advancement of technology and increasing food science developments, bio-tech flavor found its use for biotransformation of flavor compound. In some countries such as U.S. and Europe, flavor compounds made with the help of biotech method have been considered as natural compounds.
Food along with beverages application segment is anticipated to register the fastest growth due to a growing market for ready-to-eat food and ready-to-drink beverages. The nutraceutical application segment in bio-active flavor market is at its introductory phase and is expected to grow at a significant CAGR over the forecast period. Moreover, favorable governmental taxation policies are also anticipated to support the growth of the overall bio-tech flavor demand during the forecast period. The food segment is slated to register a CAGR of around 10.5% in terms of value over the forecast period.
Among the flavor type segment, vanilla & vanillin segment is the prominent segment among the rest three flavor type segments. This is primarily owing to increase demand from protein bars, snacks, powder and drinks manufacturers. On the basis of source, the global bio-active flavor market is segmented into fruit and fruit juice along with plant and botanical segment, accounting for more than 60% of total bio-tech flavor market. On the basis of form, powder segment is estimated to lead the market over the forecast period.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12337
North America accounted for the largest value share of the global bio-tech flavor market in 2016, and is anticipated to increase at a CAGR of 11.1% over the forecast period in value terms. Sales of bio-tech flavor in APAC is projected to increase by 2.7X between 2016 and 2024. In terms of value and volume, APAC is anticipated to register highest growth over the forecast period.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/bio-tech-flavors-market/toc
Givaudan S.A , International Flavors and Fragrances Inc. (IFF), Firmenich SA, Symrise AG, Takasago International Corporation, Sansient Technologies Corporation, Kerry Group Plc are some of the key players operating in the global bio-tech flavor market.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/12337
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Bio-Tech Flavor Market : North America to Grow at 11.1% CAGR by 2024 here
News-ID: 409768 • Views: …
More Releases from Persistence Market Research
North America Household Washer and Dryer Market Set to Reach US$ 22.2 Bn by 2032 …
The North America household washer and dryer market is poised for steady growth, supported by rising demand for smart home appliances, changing lifestyle patterns, and technological enhancements in laundry equipment. The market is projected to reach US$ 17.3 billion in 2025, and with a CAGR of 3.5% from 2025 to 2032, it is expected to climb to US$ 22.2 billion by 2032.
➤ Download Your Free Sample & Explore Key Insights:…
Indoor Plants Market to Grow at 5.4% CAGR Through 2032 as Demand for Green Inter …
The global indoor plants market is poised for sustained expansion over the next several years. According to Persistence Market Research, the market is projected to grow from US$ 22.6 billion in 2025 to US$ 32.7 billion by 2032, reflecting a CAGR of 5.4% during the forecast period. This upward trajectory underscores the increasing consumer shift toward wellness-driven living, biophilic interiors, and nature-connected home environments.
➤ Download Your Free Sample & Explore…
UV Disinfection Equipment Market Poised for Strong 16.3% CAGR Growth Through 203 …
The global UV disinfection equipment market is poised for remarkable expansion over the next decade. Industry estimates indicate that the market will be valued at US$ 17.0 billion in 2025 and is projected to surge to US$ 48.9 billion by 2032, registering a powerful CAGR of 16.3% between 2025 and 2032. This accelerated growth reflects heightened global focus on safety, hygiene, water quality, and chemical-free disinfection methods across both residential…
Surfing Apparel and Accessories Market Booms at 5.5% CAGR Through 2031, Reports …
The global surfing apparel and accessories market is set for steady expansion over the next several years. According to industry estimates, the market is anticipated to rise from US$ 9.5 billion in 2024 to US$ 14.1 billion by 2031, reflecting a healthy CAGR of 5.5% during the forecast period. This upward trajectory highlights the increasing global appeal of surfing as both a sport and a lifestyle.
➤ Download Your Free Sample…
More Releases for Flavor
Flavor And Flavor Enhancer Market Growth, Demand, and Future Outlook 2034
The global Flavor and Flavor Enhancer market is valued at $26 billion in 2024, projected to reach $42 billion by 2034, with a 5.1% CAGR.
On March 10, 2025, Exactitude Consultancy., Ltd. released a research report titled "Flavor And Flavor Enhancer Market "evaluation provides information on the major business trends that will impact the market's growth between 2025 and 2034. It provides information on the fundamental business strategies used in this…
Flavor Oils Market to Witness Huge Growth by 2029 | Natural Sourcing, Flavor Mat …
The Flavor Oils market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Flavor Oils report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The Flavor Oils research report also provides insights of different regions that are…
Food Flavor and Flavor Enhancer Market Future Growth Potential, Demand, Analysis …
Food Flavor and Flavor Enhancer Market Overview:
Flavor is the sensory impression of food or other substance, and is determined primarily by the chemical senses of taste and smell.. The global Food Flavor and Flavor Enhancer Report contents include Size in value for the Food Flavor and Flavor Enhancer market, drivers, trends and challenges, by end user, and growth rate during the forecast period, 2023-2030. Historical figures are also provided.
Get Sample Report @ https://reportsinsights.com/sample/671917
Key Competitors of the…
Flavor Drops Market Export Research Report and Forecast to 2022-2031 | NutraBox, …
New York, According to a new market research report published by Global Insight Services Flavor Drops Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Flavor Drops…
Shaojiu Market showing footprints for Strong Annual Sales| Thick-flavor, Sauce-f …
A new research study from HTF MI with title Global Shaojiu Market Report 2019 provides an in-depth assessment of the Shaojiu including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Shaojiu market till 2025.
Access Sample Copy @: https://www.htfmarketreport.com/sample-report/2109084-global-shaojiu-market-1
If you are involved in the Shaojiu industry or intend to be, then this study will provide you…
Global Flavor and Fragrance Market - Shanghai Apple, WILD Flavors, Robertet SA & …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Flavor and Fragrance market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
