According to Markntel Advisors Report, Non-natural Flavoring Agents Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Non-natural flavors, also known as artificial or synthetic flavors, are high-quality edible or non-edible additives derived from proprietary chemical formulae created by flavor companies. These are chemically produced flavors that have a similar scent or taste to natural flavors. They are widely extracted from different chemical sources such as alcohol, ester, ketone, pyrazine, phenolic, terpenoid, etc. Some commonly used non-natural flavoring agents are ester (gives a fruity taste), ketone, pyrazine (tastes like caramel), phenolics (has a smoky flavor), and terpenoids (have a citrus or pine flavor).   

Global Non-natural Flavoring Agents Market Research Report & Summary:

The Global Non-natural Flavoring Agents Market is projected to grow at a CAGR of around 5.23% during the forecast period, i.e., 2023-28.   

Time Period Captured in the Report:

·         Historical Years: 2018-21

·         Base Years: 2022

·         Forecast Years: 2023-2028

Who are the Key Players Operating in the Non-natural Flavoring Agents Market?

The top companies of the Non-natural Flavoring Agents Market ruling the industry are: 

Givaudan, Keva Flavours Pvt. Ltd., Elan Chemical, Synergy Flavors, Inc., Weber Flavors, International Flavors & Fragrances, Inc., Firmenich SA., Robertet Group, T.HASEGAWA CO., LTD., Symrise AG, MANE, Takasago International Corporation, MTC-SO d.o.o., McCormick & Company, Inc., Others

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The Non-natural Flavoring Agents Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

-By Flavor Type

-Plants

-Fruits

-Vegetables

-Herbs & Spices

-Others (Nuts, etc.)

-Animals

-Dairy

-Meat

-Beef

-Chicken

-Fish

-Egg

-Others (Lamb Meat, etc.)

-By Form

-Liquid

-Powder

-Others (Paste, Emulsion, etc.)

-By End Users

-Beverages

-Bakery

-Confectionery Items

-Snacks, Soups & Sauces

-Dairy and Frozen Products

-Pharmaceuticals & Dietary Supplements

-Animal and Pet Foods

-Others (Food Processing, Seasonings, etc.)

-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia Pacific

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Market Dynamics -Global Non-natural Flavoring Agents Market:

Significant Driver: Rising Propensity of the Customers to Opt for Exotic & Aromatic Foods to Fuel the Market Growth

The demand for non-natural flavoring agents has been significantly rising in various parts of the world specifically in nations such as India, Egypt, the Philippines, Saudi Arabia, the UAE, etc., owing to the growing adoption of exotic and aromatic food items. Additionally, the rising shift of customers in these regions to try delicious food as well as change in lifestyle remains the major reason behind the notable usage of non-natural flavoring agents by food & beverage manufacturers.

Moreover, the growing tourism in Middle Eastern countries like Qatar, Saudi Arabia, and the UAE, have also been resulting in the considerable usage of non-natural flavoring agents by the manufacturers of ice cream, sweet, soups & sauces, etc., to please tourists. For instance, as per the ‘Government of Dubai’, tourism in the UAE ramped up by 32% in 2021 in comparison with 2020. Whereas in Qatar, tourism grew by 5% in 2021 in comparison to 2020 reported by the government of Qatar.

Therefore, the rising influx of tourism in the regions like the Middle East, Asia Pacific, etc., along with the growing preferences by consumers to opt for food items enriched with exotic flavors are predicted to amplify the growth of the Global Non-Natural Flavoring market in the coming years.

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