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Download Free sampleThe global Food Flavour market was valued at 1659.71 Million USD in 2021 and will grow with a CAGR of 6.54% from 2021 to 2027.
The prime objective of Food Flavour Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Food Flavour Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
International organization of the flavor industry defines Food Flavour from the perspective of Flavor and Fragrance Industry: Food Flavour is a concentrative preparation, which might not include solution or carrier, only giving foods fragrance but no saline taste, sweet taste or sour taste, and is not consumed in the form of essence. Food Flavour Market focuses on Food Flavour market. Food Flavour is mainly used in Beverage, Snacks, Dairy Products and Others. In 2019, their market share are respectively about 31%, 38%, 16%, 9% and 6%. Food Flavour could be split into natural food flavour and synthetic food flavour, which in 2019 occupied market share of approximately 80% and 20%, respectively. Currently key manufacturers of global Food Flavour market are Givaudan, Firmenich, WILD Flavors, Symrise and Takasago International. The top 5 companies accounted for a total market share of nearly 57% in 2019.
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