Report: Global Food Flavor and Enhancer Market Value

Aug 25th, 2022

Market drivers include premiumization in the food and beverage industry, growing consumer demand for plant-based ingredients and more.

Market drivers include premiumization in the food and beverage industry, growing consumer demand for plant-based ingredients and more.

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According to research by ReportLinker, the global food flavor and enhancer market is expected to grow at a CAGR of 6.7%, reaching $3.07 billion during the forecast period of 2022 to 2026.

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The report cites that the market is driven by premiumization in the food and beverage industry, growing consumer demand for plant-based ingredients in food products and rising consumption of dairy and frozen dessert products.

The research cites the rising demand for organic food flavors as one of the prime reasons driving the food flavor and enhancer market growth. Also, the increasing number of strategic alliances and recent developments and technological advances in the food flavor industry will lead to sizable demand in the market.

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