The food flavor market is estimated to be valued at US$ 17.68 Bn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Food flavors are consumable agents that are added to food and beverages in order to impart, enhance, or modify their aroma and taste. Flavorings are blended to produce ... Read more
The food flavor market involves flavoring additives that are used across various food products in order to enhance their sensory properties like taste and smell. Flavors are extensively employed in bakery, confectionery, convenience foods, meat and seafood products to make them more palatable. They play a key role in consumer liking and drive repeat purchases. The market is driven by growing demand for processed and packaged foods along with changing dietary habits of individuals. The global ... Read more