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Download Free sampleThe global Natural Flavors market was valued at 1435.77 Million USD in 2021 and will grow with a CAGR of 3.71% from 2021 to 2027, based on Research newly published report.
The prime objective of Natural Flavors Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Natural Flavors Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Flavors are used as food additives to enhancing the taste and smell of food products such as beverages, bakery and snacks, dairy products, soups, sauces or confectionary products. While natural flavors is a kind of flavors with raw material of flowers, plant or animals.The technical barriers of natural flavor are relatively not high, but the market monopoly is rather serious. The top four enterprises including Givaudan, Firmenich, IFF, and Symrise, occupied about 56% market share of total sales revenue. Other relatively large companied include Takasago, WILD Flavors, Mane, Frutarom, Sensient, Robertet SA, T. Hasegawa, Kerry and Boton. Asia-Pacific is the largest consumption place, with a consumption market share nearly 33%. Following Asia-Pacific, North America is the second largest consumption place with the consumption market share of 27%.
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