Hexa Reports Industry U.S. Flavors Market | Page 2
Further key findings from the report suggest :
U.S. flavor market size is expected to reach USD 4,868.4 million by 2025, growing at a CAGR of 2.2%
from 2017 to 2025
Liquid products are expected to remain the largest segment over the forecast period owing to high
utilization by numerous processed food manufacturers seeking to lower production costs
Increasing demand for natural products and ingredients in food & beverage sector are anticipated to
drive liquid flavor extracts demand. The segment was estimated at over USD 447 million in 2016 which
is projected to grow at highest CAGR of 3.2% over the forecast period
Powdered flavors was the largest category within dry products, owing to high consumption in beer
which utilizes multiple dry malts. These additives are incorporated to offset the strong aroma & taste
of 'hops', a key ingredient in beer production.
Increasing consumption of exotic & unique textured products is also driving the demand for dry herbs
& spices. The segment is anticipated to grow at over 1.7% CAGR over the forecast period.
Beverages emerged as the largest application segment in terms of revenue with over 53% volume
share in 2016. The segment is also anticipated to emerge as the fastest growing application with over
2.4% CAGR from 2017 to 2025.
Major industry participants include Symrise AG, Frutarom Industries Ltd., Givaudan SA and
International Flavors & Fragrances Inc. among others
Request A Sample copy of This Report @
http://www.hexareports.com/report/us-flavors-market/request-sample
Table Of Content
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 U.S. Flavors Market Variables, Trends & Scope
Chapter 4 U.S. Flavors Market: Product Estimates & Trend Analysis
Chapter 5 U.S. Flavors Market: Application Estimates & Trend Analysis
Chapter 6 Competitive Landscape
Chapter 7 Company Profiles
Chapter 8 Customer Profiles
Browse More Food Related Market Research Reports:
• Low-Fat Yogurt Market Analysis and Segment Forecasts, 2014-2025 -
http://www.hexareports.com/report/low-fat-yogurt-market
Follow Us: