Current Trends in Europe Frozen Bakery Products Market Market 2016- Europe Flavoured Syrups Market 2017 | Page 2

Europe Flavoured Syrups Market As per the syndicated report published by Market Data Forecast Europe Flavoured Syrups Market which is estimated to be USD 10.58 billion in 2016 is poised to reach USD 12.76 billion by 2021, at a CAGR of 3.82 % from 2016 to 2021. It can attributed to the factors such as growth of disposable income, rampant urbanization and availability of convenience goods, awareness among governments, consumers to address specific health and nutritional needs are strongly fuelling the beverage and food markets. To give a brief idea Flavors are commonly used to improve the taste of food products. There are mainly two origins of food flavors namely, natural and synthetic. Natural food flavors are animal or plant based products, whereas synthetic flavors are mixture of edible chemicals. Food and beverage industries require flavor for different purposes such as new product development, to add new product line and to change the taste of existing product. Europe Flavoured Syrups Market is segmented based on type, application and flavor as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts. 1) By Flavour          Chocolate Coffee Herbs & Seasonings Vanilla Fruit Maple Malt Palm Others 2) By Flavour Type      Salty Sour Mint Savoury Sweet 3) By Application      Dairy & Frozen Desserts Bakery Confectionery Beverage Others Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). [phone] | www.marketdataforecast.com | [email protected]