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India’s Food Additives Market, Including Flavors, Grows

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India’s market for food additives is growing, including flavors, flavor enhancers and sweeteners, according to a Research and Markets report. (read more about the market for flavors in emerging markets in P&F's March 2015 issue).

According to the report, "India Food Additives Market Forecast and Opportunities 2020,"  the food additives market in India is expected to register a compound annual growth rate (CAGR) of over 12% during 2015-2020.

Rising consumer preference for premium food products such as luxury chocolates and biscuits and the shift towards all-natural ingredients in food products is also expected to contribute to market growth over the coming years, the report said. Increasing consumption of processed and packaged meals, beverages and snacks among consumers of all age groups is expected to be the key market driver through the forecast period.

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