Global Flavor Systems Market is accounted for $6.14 billion in 2020 and is expected to reach $10.00 billion by 2028 growing at a CAGR of 6.3% during the forecast period. Factors such as growing food and beverages industry, increasing disposable income, and changing taste preferences of consumers are driving the growth of the market.
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By geography, Europe is going to have high growth during the forecast period which can be attributed to the growing consumption of bakery & confectionery products.
Some of the key players profiled in the Flavor Systems Market include Kerry Group, Tate & Lyle, International Flavors & Fragrances (IFF), Symrise, Sensient, Mane SA, Givaudan, Firmenich, T. Hasegawa, Robertet, Takasago, and Frutarom.
Sources Covered in Flavor Systems Market
• Natural
• Nature-Identical Flavors
• Artificial
Forms Covered:
• Liquid
• Semi-Liquid
• Dry
Types Covered:
• Fruits & Vegetables
• Herbs & Botanicals
• Dairy/White
• Brown
• Spices
• Other Types
Applications Covered:
• Beverages
• Bakery & Confectionery Products
• Dairy & Frozen Desserts
• Savories & Snacks
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