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Picking Up the Pace in Flavor

Posted: April 22, 2014, from the May 2014 issue of P&F magazine.

"The food flavors market is projected to grow at a CAGR of 5.3% from 2013 to 2018,” notes a Markets & Markets report (www.marketsandmarkets.com).

This growth is driven by natural flavors, as well as expansion in Asia-Pacific.

Meanwhile, the industry’s customers in the food and beverage world are addressing increasing pressures. As product lifecycle management consultancy Technia (www.technia.com) notes, food and beverage companies are facing: diminishing brand loyalty; increasing government regulations; shorter product lifecycles; and falling price margins.

This is only an excerpt of the full article that appeared in P&F Magazine. The full content is not currently available online.