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 ... Read more