Valley Cottage, NY -- (SBWIRE) -- 02/15/2019 -- Market Outlook
Flavour emulsions are solutions of suspended flavouring compounds in stable oil-in-water solutions. They find a wide range of applications in the food and beverage industry as flavouring agents in drinks and dairy/non-dairy products, among others. Besides the food and beverage industry, flavour emulsions also find application in pharmaceutical and nutraceutical industries. The flavour emulsions market is broad with a wide spectrum of products that offer different flavours such as fruity, sweet and savoury as well as colours and styles. In flavour emulsions, flavouring compounds are suspended in water and vegetable gum, unlike other alcohol-based flavouring agents. This leads to the preferential consumption of flavour emulsions by consumers preferring alcohol-free products. More importantly, the lack of alcohol in flavour emulsions negates the volatility of the end product while heating, which expands its applications to the baking industry and increases its consumption among bakers.
Flavour Emulsions Market: Dynamics
A number of beverage manufacturers offer a variety of flavours apart from the traditional and natural ones in order to expand their product portfolio and cater to all kinds of consumer demand for new and unique tasting drinks. This has resulted in significant demand for flavouring agents such as flavour emulsions and consequently, drives the growth of the flavour emulsions market. Further, this growth is aided by the substantial demand for craft and flavourful alcoholic beverages worldwide, in which flavour emulsions are one of the key flavouring and crafting ingredients. Apart from the beverage segment, the flavour emulsions market has been witnessing strong growth in confectionery and baking industries. High variations and innovation in flavour emulsions have been supplementing the growth of the flavour emulsions market enormously. The availability of raw materials is a major restraint for the flavour emulsions market as easy and economic sourcing of ingredients for the production of flavour emulsions is difficult. But the introduction of artificial flavour emulsions has helped flavour emulsions manufacturers overcome and negotiate this restraint.
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Flavour Emulsions Market: Segmentation
On the basis of nature, the market has been segmented as:
On the basis of application, the market has been segmented as:
Biscuits and cookies
Bakery fillings (custard, cream filling, fruity jam, and others)
Bakery frosting or icing
Pudding and jelly
Others (including still drinks, sparkling drinks, alcoholic drinks, etc.)
On the basis of end-user industry, the market has been segmented as:
Food & Beverage
On the basis of type, the market has been segmented as:
On the basis of flavour, the market has been segmented as:
Others (ginger, cola, soda etc.)
Flavour Emulsions Market: Key Participants
Key participants identified in the flavour emulsions market include Fromatech Ingredients BV, FLAVAROMA, Panteley Toshev Ltd., LorAnn Oil, Gold Coast Ingredients, Inc., Keva Flavours, Delion Citra Dinamika, Beverage Flavors International, Flavor Producers, LLC, Cape Food Ingredients, Flavoron Impex and Uren Food Ingredients.
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Flavour Emulsions Market: Key Developments
The flavour emulsions market has been developing with strategic steps being taken by key participants. Fromatech Ingredients is one such participant that merged with Fi & S BV to form Innogredients Group BV in 2009. The resultant merged company is serving the food and beverage industry with the combined effects of Fi & S's functional expertise and Fromatech's flavour and R&D expertise.
The flavour emulsions market has been lately experiencing a fluctuation in prices, owing to the inefficient supply of emulsion stabilizer gums. In such a scenario, the flavour emulsions market has developed significantly with the introduction of alternative stabilizer ingredients such as METHOCEL™, a cellulose-based flavour emulsions stabilizer, which was launched by the Dow Wolff Cellulosics (DWC).
Opportunities for Flavour Emulsions Market Participants
The flavour emulsions market is pegged to represent significant opportunities for growth in the natural and organic segment as globally, food and beverage trends have shifted towards products with clean label ingredients. The market is expected to have further potential for grow further if manufacturers deploy efficient distribution channels and supply chain strategies as thus will improve raw material availability and subsequently, stabilize product prices. The flavour emulsions market has immense potential for growth in developing countries such as China or India where growth in GDP is projected to drive the flavour emulsions market growth macroeconomically.