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Biotech Flavors - Global Market Outlook (2019-2027)

Biotech Flavors - Global Market Outlook (2019-2027)

4.4 (35 reviews)
Published: June 2020 ID: SMRC19271
4.4 (35 reviews)
Published: June 2020 ID: SMRC19271

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Biotech Flavors Market is expected to grow at a CAGR of 9.0% during the forecast period. Rising consumer awareness about its nutritional benefits and increase in per capita income are the major factors driving the market growth. However, its low shelf life is restraining the market growth.

The production of flavour now a day’s uses different methods such as chemical engineering, where as in ancient times it was done by extracting of different parts of plants.  Flavours are extensively used in various food, feed, cosmetic, chemical and pharmaceutical industries and are usually obtained from different plant and animal origins. Modern biotechnology is helpful in enhancing taste, yield, shell life, as well as nutritive values of food and beverages products. Bacterial strains isolated from different sources are widely used to extract flavour.

Based on form, the liquid segment is likely to have a huge demand due to its high adoption in bakery sector for making muffins, cakes, pastries etc. and in the production of beverages such as fruits and vegetable juices and energy drinks. By geography, North America is going to have a lucrative growth during the forecast period due to increasing demand by the food and beverage industry, presence of major market players and growing awareness & popularity of the product benefits.

Some of the key players profiled in the Biotech Flavors Market include Givaudan, Sensient Technologies Corporation, Bell Flavors and Fragrances, Symrise AG, International Flavors & Fragrances, Takasago International Corporation, Frutarom Industries, Naturex, Firmenich and Kerry Group.

Channels Covered:
• Distributor
• Direct Sales

Forms Covered:
• Powder
• Paste
• Liquid   

Flavours Covered:
• Bitter
• Essential Oils
• Fruity
• Microbial Products
• Savory
• Sweet
• Vanilla and Vanillin
• Chocolate

Products Covered:
• Aldehyde
• Ester
• Ether
• Lactone
• Other Products

Applications Covered:
• Bakery & Confectionery
• Cosmetics
• Dairy
• Detergents
• Food & Beverage
• Nutraceuticals
• Other Applications   

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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