Analyzing the Non-natural Flavoring Agents Market Size: Eyes 5.23% CAGR and Forecast for 2023-28

Global Non-natural Flavoring Agents Market Size, Share, Analysis, Trends Future & Forecast 2028

MarkNtel Advisors has recently released an all-encompassing report onย Global Non-natural Flavoring Agents Market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.

Forecast 2028: Revealing Non-natural Flavoring Agents Market Insights and Analysis

The Global Non-natural Flavoring Agents Market is expected to grow at a CAGR of around 5.23% during the forecast period, i.e., 2023-28.

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Significant Driver: Rising Propensity of the Customers to Opt for Exotic & Aromatic Foods to Fuel the Market Growth

The demand for non-natural flavoring agents has been significantly rising in various parts of the world specifically in nations such as India, Egypt, the Philippines, Saudi Arabia, the UAE, etc., owing to the growing adoption of exotic and aromatic food items. Additionally, the rising shift of customers in these regions to try delicious food as well as change in lifestyle remains the major reason behind the notable usage of non-natural flavoring agents by food & beverage manufacturers.

Moreover, the growing tourism in Middle Eastern countries like Qatar, Saudi Arabia, and the UAE, have also been resulting in the considerable usage of non-natural flavoring agents by the manufacturers of ice cream, sweet, soups & sauces, etc., to please tourists. For instance, as per the โ€˜Government of Dubaiโ€™, tourism in the UAE ramped up by 32% in 2021 in comparison with 2020. Whereas in Qatar, tourism grew by 5% in 2021 in comparison to 2020 reported by the government of Qatar.

Therefore, the rising influx of tourism in the regions like the Middle East, Asia Pacific, etc., along with the growing preferences by consumers to opt for food items enriched with exotic flavors are predicted to amplify the growth of the Global Non-Natural Flavoring market in the coming years.

A Comprehensive Overview of Geographical Diversity:

the Global Non-natural Flavoring Agents Market expands across:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

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Non-natural Flavoring Agents Market Segmentation Outline:

  • By Flavor Type (Plants [Fruits, Vegetables, Herbs & Spices, Others]), Animals [Dairy, Meat])
  • By Form (Liquid, Powder, Others [Paste, Emulsion, etc.])
  • By End Users (Beverages, Bakery, Confectionery Items, Snacks, Soups & Sauces, Dairy and Frozen Products, Pharmaceuticals & Dietary Supplements, Animal and Pet Foods, Others [Food Processing, Seasonings, etc.])

Competitive Outlook

Givaudan, Keva Flavours Pvt. Ltd., Elan Chemical, Synergy Flavors, Inc., Weber Flavors, International Flavors & Fragrances, Inc., Firmenich SA., Robertet Group, T.HASEGAWA CO., LTD., Symrise AG, MANE, Takasago International Corporation, MTC-SO d.o.o., McCormick & Company, Inc., Others

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About MarkNtel Advisors

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