NEW YORK, April 21, 2016 /PRNewswire/ -- The rising consumer awareness on adverse health effects related to excessive intake of processed food which are laced with artificial ingredients is marking consumers look for healthier food choices such as organically and naturally derived food products. Furthermore, with the rising popularity of functional foods which provide added health benefits such as enhancing immunity, controlling weight, gut health, improving resistance and so on propels the use of natural flavors in the food industry.
The global natural flavors market has been analyzed with respect to different parameters such as demand, supply, end-users and providers of products which are made using natural flavors. The natural flavor market has been categorized based on source of flavors and application type. On the basis of source the report is segmented into fruits, vegetables, dairy, herbs & spices and others. Based on applications, market is segmented as bakery & confectionery, beverages, dairy products, savory foods, pharmaceuticals & dietary supplements and oral care products. The overall market is also presented from the perspective of different geographic regions and the key countries in each region. The market has been segmented into four regions: North America, Europe, Asia-pacific and Rest of the World. Major markets for natural flavors are analyzed for each region with market share analysis and regulations.
Natural flavors market is dominated by five major companies that collectively hold major share in the Natural flavors market, namely:
Givaudan SA (Switzerland),
Firmenich SA (Switzerland),
International Flavors & Fragrances, Inc. (U.S.),
Takasago Co. (Japan),
Symrise AG (Germany)
These companies dominate the market with their wide array of flavor solutions and strong brand image among the end-product manufacturers.
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