The global natural and organic flavors market is expected to expand at a CAGR of 5.7% during the forecast period (2018–2026) and reach US$ 11,269.7 Mn by 2026 end.
Albany, NY -- (SBWIRE) -- 10/01/2018 -- Rising health consciousness among consumers, growing urban areas, a plethora of new flavors, growing disposable income, and increasing preference for unique flavors in processed food and beverages are some of the key factors that are expected to positively impact the global natural and organic flavors market.
Revenue earned from the natural and organic flavors market are estimated to grow at a CAGR of 5.7% through 2026. Such insights have been taken from the report titled "Global Market Study on Natural and Organic Flavors: Application in the Food Sector to Increase Exponentially in the Coming Years" added recently to the huge repository of Market Research Reports Search Engine (MRRSE).
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Europe, followed by North America are expected to continue as leaders in the natural and organic flavors market, owing to increased consumer preference for fruit based drinks made with natural ingredients. Currently major market players are focusing on the adoption of advanced technologies that aid in enhanced production of natural and organic flavors, and also on the formulation of varied flavors to suit the taste of a diverse consumer population.
Essential oils are expected to see great growth during the forecast period owing to the widespread applications in the manufacturing of processed foods and beverages. In addition, From The Named Fruit (FTNF) is also expected to show significant demand, particularly in beverages.
Natural and Organic Flavors Market: Report Summary
This report gives readers comprehensive analysis & forecast on a regional and global level on the natural and organic flavors market, in terms of value (US$ Mn), and volume (Metric Tons) for the period of forecast 2018 to 2026. A complete assessment of vital market dynamics, along with details on the drivers, restraints, opportunities and trends that are crucial influencing factors on the demand for the natural and organic flavors market have been studied thoroughly in the report.
An end-to-end value chain analysis on the natural and organic flavors market has been conducted, in order to help the readers better understand the competitive scenario among major market players. In addition, a market attractiveness analysis has been included to benchmark players on the terms of their market size, general attractiveness, and growth rate.
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Natural and Organic Flavors Market: Research Methodology
Comprehensive primary and secondary research was used, for extracting authentic and relevant information on the Natural and organic flavors market. This includes face-to-face discussions and telephonic interviews with Some of the top industry experts and opinion leaders to gain useful insight into the various business aspects such as market size, market trends, growth rates, and competitive scenarios. Primary research represents majority of the research efforts, which has been strongly supported and validated with extensive secondary research.
Leading and new market players in the natural and organic flavors market have been closely scrutinized, and data sources such as press releases, annual reports, and relevant databases have been studied in depth for analysis on the market's landscape. The research approach and methodologies employed here has been proven to be very accurate and efficient in gaining useful insights on the market data, understanding market players and recognizing previously untapped business opportunities for market players.
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