Press release
Potato Flavor Market Estimated to Flourish by 2024
The food industry is a diverse business where new innovations in techniques of food processing is very spontaneous. The fast food industry has grown widely with more momentum and younger generation thrives and has larger share in consumption of fast food. Potato flavors are manufactured by artificial processing, natural and organic processing and natural identical processing. The potato flavors are used savory flavor application such as dressings, snacks, soups etc. The flavor technology mostly used in the potato flavoring are the encapsulated and hydrolyzed vegetable proteins. The demand for potato flavor market will be robust during the forecast period due to the increasing market scenario of the food and flavor industry.
However, the cost constraints for potato flavor grown organically and naturally are quite higher which might restrain the global potato flavor market.
The global potato flavor market is segmented on the basis of source, flavor type, flavor form and flavor technology.
Based on the source of flavor, global potato flavor market is segmented into:
• Natural flavors
• Artificial flavors
• Organic flavors
Based on the basic flavor type, global potato flavor market is segmented into:
• Sweet
• Sour
• Salty
• Tangy
• Spicy
Based on the flavor form, the global potato flavor market is segmented into:
• Plated (Dry powder form)
• Liquids
• Semi-liquids
Based on the flavor technology, the global potato flavor market is segmented into:
• Hydrolyzed vegetable proteins
• Encapsulated
• Botanical extracts
• Thermal processed flavors
• Yeasts extracts
The global potato flavor market is geographically divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. North America holds major share of potato flavor market especially for naturally and organically grown flavours. Asia Pacific and Latin America has more consumption of artificially produced potato flavor. But the potato flavor grown organically has wide prospectus in Middle East and Africa and Asian countries since the trend towards adoption of organic based food is prevalent.
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Some of the key players identified in the global xylanase market are Wise Foods Inc., Bell Flavors & Fragrances, Garden Flavours Co. Pvt. Ltd., Sonarome, Symrise, Archer Daniels Midland Company, Sensient Technologies Corporation.
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