Food Flavors Market - Global Forecast to 2023 Food Flavors Market | Page 5
On the basis of origin, the natural segment is projected to be the faster-growing during
the forecast period.
Based on origin, the natural segment is projected to be the faster-growing. Liquid flavors
are generally available in water-soluble and oil-soluble forms. Consumer preference
toward clean label and organic products drives the natural food flavors market.
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Asia Pacific is estimated to dominate the food flavors market in 2018.
Asia Pacific is estimated to be the largest market for food flavors in 2018. This is due to the
rising consumption of beverages, confectionery, dairy, and bakery products increasing in
this region. China is witnessing economic development and rise in disposable income, due
to which there is an increase in consumption of processed food items. This leads to the
growth of the food flavors industry.