China Food Flavor and Enhancer Market

China Food Flavor and Enhancer Market by Types (Natural Flavor, Synthetic Flavor, and Nature Identical Flavoring), Applications, (Dairy, Bakery, Confectionery, Beverages, and Snacks, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: FB-3277
  • Author: Growth Market Reports
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  • No. Of Pages: 199
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The China food flavor and enhancer market size is projected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is changing lifestyle and inclination toward customary food, which is supporting the development of the flavor enhancer market.

China Food Flavor and Enhancer Market summary

Flavor enhancer are ingredients that are used to improve the flavor of the food. Two types of flavor enhancer exist in the market, namely artificial and natural. Some of the common flavor enhancer used in the industry includes monosodium glutamate (MSG), yeast extracts, and nucleotides. They are usually added to processed food products such as soups and sausages. Some studies suggest that MSG is linked with toxicity and metabolic disorders. This, in turn, has led to the innovation in the market.

The COVID-19 pandemic negatively impacted the market growth. This is due to the stringent impositions by government state bodies to restrict the activities in the manufacturing facilities. Moreover, the reduction in sales of processed foods due to the supply chain disruption hindered the market growth in the first half of 2020. However, the relaxation in stringent regulations by the end of 2020 has aided in the recovery of the market.

Markets, Drivers, Restraints and Opportunity

  • Rapid development in the food industry regarding the use of innovation in the food flavors is estimated to drive the market growth.
  • Growing customer preference for processed foods is anticipated to drive the market expansion.
  • Rising awareness for a low-salt, low-fat, and low-carb diet is likewise to drive the  expansion of utilization of flavors and enhancers market in China.
  • Laws and guidelines identified with use of flavors in the food and beverage industry can hamper the market growth.
  • The majority of the food flavors are utilized in bakery and confectionery, which has created lucrative opportunities for market players.

Scope of the Report

The report on the china food flavor and enhancer market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

China food flavor and enhancer Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Natural Flavor, Synthetic Flavor, and Nature Identical Flavoring) and Applications, (Dairy, Bakery, Confectionery, Beverages, and Snacks, Others)

Regional Scope

China

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

International Fragrance and Flavours Inc; Givaudan; Firmenich; Takasago; and Symrise

China food flavor and enhancer Market Segment Insights

Natural Flavor segment is expected to grow at a rapid pace

Based on types, the market is segregated into natural flavor, synthetic flavor, and nature identical flavoring. The natural flavor segment is anticipated to hold a key share of the market in the coming years due to rising demand for the products that are highly nutritious. Moreover, the increasing demand for organic products is estimated to drive the growth of the market segment. Additionally, rising growth of the natural flavors industry is expected to boost the segment market growth.

China Food Flavor and Enhancer Market types

Beverages segment is projected to expand at a considerable CAGR

On the basis of applications, the china food flavor and enhancer market is segregated into dairy, bakery, confectionery, beverages, snacks, and others. The beverages segment is projected to expand at a considerable CAGR during the forecast period. Young population are buying premium items owing to health benefits, and they are inclining themselves toward low-calorie beverages products. This, in turn, is estimated to positively stimulate the segment growth. On the other hand, the non- beverages segment is anticipated to account for a major market share during the forecast period due to rising demand for soft drinks and RTD beverages.

The snacks segment is anticipated to account for a considerable share of the market in the projected timeline. Increasing demand for snacks due to hectic lifestyle and rising disposable income are major factors propelling the market growth.

China Food Flavor and Enhancer Market applications

Segments

Segments Covered in the Report
The China food flavor and enhancer market has been segmented on the basis of
Types

  • Natural Flavor
  • Synthetic Flavor
  • Nature Identical Flavoring

Applications

  • Dairy
  • Bakery
  • Confectionery
  • Beverages
  • Snacks
  • Others

Country

  • China

Key Players

  • International Fragrance and Flavours, Inc.
  • Givaudan
  • Firmenich
  • Takasago
  • Symrise

 

Competitive Landscape

The market is very competitive in nature owing to the presence of many major players. Some of the major players competing in the China food flavor and enhancer market are The International Fragrance and Flavours Inc; Givaudan; Firmenich; Takasago; and Symrise.

Companies are engaging in partnerships with local food manufacturers to expand their market share. Moreover, they’re investing in R&D activities to develop natural food flavors.

China Food Flavor and Enhancer Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Flavor and Enhancer Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Flavor and Enhancer Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Flavor and Enhancer Market - Supply Chain
  4.5. Global Food Flavor and Enhancer Market Forecast
     4.5.1. Food Flavor and Enhancer Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Flavor and Enhancer Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Food Flavor and Enhancer Market Absolute $ Opportunity
5. Global Food Flavor and Enhancer Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Food Flavor and Enhancer Market Size and Volume Forecast by Types
     5.3.1. Natural Flavor
     5.3.2. Synthetic Flavor
     5.3.3. Nature Identical Flavoring
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Flavor and Enhancer Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Food Flavor and Enhancer Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Food Flavor and Enhancer Demand Share Forecast, 2019-2026
7. North America Food Flavor and Enhancer Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Food Flavor and Enhancer Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Food Flavor and Enhancer Market Size and Volume Forecast by Types
     7.4.1. Natural Flavor
     7.4.2. Synthetic Flavor
     7.4.3. Nature Identical Flavoring
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Food Flavor and Enhancer Demand Share Forecast, 2019-2026
8. Latin America Food Flavor and Enhancer Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Food Flavor and Enhancer Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Food Flavor and Enhancer Market Size and Volume Forecast by Types
     8.4.1. Natural Flavor
     8.4.2. Synthetic Flavor
     8.4.3. Nature Identical Flavoring
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Food Flavor and Enhancer Demand Share Forecast, 2019-2026
9. Europe Food Flavor and Enhancer Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Food Flavor and Enhancer Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Food Flavor and Enhancer Market Size and Volume Forecast by Types
     9.4.1. Natural Flavor
     9.4.2. Synthetic Flavor
     9.4.3. Nature Identical Flavoring
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Food Flavor and Enhancer Demand Share Forecast, 2019-2026
10. Asia Pacific Food Flavor and Enhancer Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Food Flavor and Enhancer Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Food Flavor and Enhancer Market Size and Volume Forecast by Types
     10.4.1. Natural Flavor
     10.4.2. Synthetic Flavor
     10.4.3. Nature Identical Flavoring
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Food Flavor and Enhancer Demand Share Forecast, 2019-2026
11. Middle East & Africa Food Flavor and Enhancer Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Food Flavor and Enhancer Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Food Flavor and Enhancer Market Size and Volume Forecast by Types
     11.4.1. Natural Flavor
     11.4.2. Synthetic Flavor
     11.4.3. Nature Identical Flavoring
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Food Flavor and Enhancer Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Food Flavor and Enhancer Market: Market Share Analysis
  12.2. Food Flavor and Enhancer Distributors and Customers
  12.3. Food Flavor and Enhancer Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. International Fragrance and Flavours, Inc.
     12.4.2. Givaudan
     12.4.3. Firmenich
     12.4.4. Takasago
     12.4.5. Symrise

Segments Covered in the Report
The China food flavor and enhancer market has been segmented on the basis of
Types

  • Natural Flavor
  • Synthetic Flavor
  • Nature Identical Flavoring

Applications

  • Dairy
  • Bakery
  • Confectionery
  • Beverages
  • Snacks
  • Others

Country

  • China

Key Players

  • International Fragrance and Flavours, Inc.
  • Givaudan
  • Firmenich
  • Takasago
  • Symrise

 

The market is very competitive in nature owing to the presence of many major players. Some of the major players competing in the China food flavor and enhancer market are The International Fragrance and Flavours Inc; Givaudan; Firmenich; Takasago; and Symrise.

Companies are engaging in partnerships with local food manufacturers to expand their market share. Moreover, they’re investing in R&D activities to develop natural food flavors.

China Food Flavor and Enhancer Market keyplayers

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