Natural Flavor Ingredients: Market Outlook
Flavor is an important characteristic of the food. Essentially flavor is the combination of the taste, aroma, and feel of the food. Generally, every recipe includes some extra flavor called enhancing ingredients such as salt, paper, herbs, and spices. Cooking food is time-consuming hence most of the consumers opt to have processed food as there meal that taste almost as good as homemade food. However, so as to be advantageous, processed food need to keep fresh quite a while and for that preservation methods are used due to which flavor of the food reduces. Thus, the food manufacturer adds natural flavors to enhance or maintain the flavor in the food.
Natural flavor ingredients are generally sourced from Plant source. The plant sources for natural flavor ingredients include herbal and spice mix, fruit extracts, essential oils, vegetable, vegetable juice, root, leaf or similar plant material. Flavor ingredient are also sourced from seafood, poultry, eggs, fermentation product, and dairy products. The food industry has been associated with a continuous program of flavor development. This made possible by noteworthy advances in Chromatography and development in the understanding of flavor chemistry involved.
Rising health consciousness within the consumers is enough in radical advancement to increase the nutritional value of the food ingredient. The technological advancement over the year results into innovation in flavor technology, owing to full filling demand of natural flavor from end users.
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Natural Flavors Ingredients and its Properties:
Natural flavor Ingredients are not chemically produced instead they are extracted from the various plant-based sources. These natural flavor ingredients are used to enhance the taste of processed food. The food industry has been made so much technological advancement due to the high demand of the nutritional value of natural products. To fulfill these demand manufacturers started using these natural flavor ingredients to their products which provides both, the nutritional value, natural and enhanced taste to the product. The use of these natural flavor ingredients depends upon the type of food product.
Global Natural Flavor Ingredients Market: Segmentation
On the basis of nature, the global natural flavor ingredient Market has been segmented as,
- Conventional Flavor
- Organic Flavor
On the basis of end use, the global natural flavor ingredient Market has been segmented as,
- Food Industry
- Snacks & Processed Food
- Dairy Products
- Personal Care & Cosmetics
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On the basis of distribution channel, the global natural flavor ingredient Market has been segmented as,
- Business to Business
- Business to Consumer
- Convenience Stores
- Specialty Stores
- Online Retail
On the basis of ingredient concentration, the global natural flavor ingredient market has been segmented as,
Global Natural Flavor Ingredient Market: Market Participants
Some of the market participants in the natural flavor ingredient markets are Gold Coast Ingredients Inc., Givaudan SA, International Flavors & Fragrances Inc., Takasago International Corporation, Kerry Group plc, Takasago International Corporation, Robertet SA, Archer Daniels Midland Company, Givaudan SA, Döhler GmbH, Huabao International Holdings Limited etc. More businesses and product manufacturers showing interest toward natural flavor ingredients market as demand is continuously increasing every year.
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Opportunities for participants in Natural Flavor Ingredient Market:
A synthetic free ingredient, the natural flavor ingredient has high demand among the product manufacturer and consumer around the globe. In addition, the natural flavor ingredients are being widely used in households in recent years which results in the rising demand among the consumers. In the Asia Pacific, continuously rising number of food and beverage manufacturers contributed lucrative growth in the natural flavor ingredient market. Globally, Western Europe is the most promising market for the natural flavor ingredient manufacturing and consumption. On the other hand in the North America, the natural flavor ingredients are mostly used in food processing as well as food service industry. The technological advancement and continuously evolving technology are giving this industry rapid growth. Biotech is one of the rapidly growing sector which can help the natural flavor ingredient market to develop and grow faster.