Insights on the Global Flavor Carriers Market to 2027 | Industry Statistics, Emerging Demands, Forecast to 2027
The global flavor carriers market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Flavor carriers are either the natural or the artificially derived solvents used for extracts and flavors. The ever-growing food and beverages industry is considered to be the primary driver of market growth. It is majorly due to the fact that these carriers are widely used in various food and beverages to enhance shelf life, sweetness, as well as their texture. In addition to this, flavor carriers provide solubility to flavoring compounds and are also used as a processing aid in humectant processing. Another subfactor contributing to the market growth includes the growing market of alcoholic and non-alcoholic beverages all around the globe.
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The flavor carriers are notably the widely used agents in most alcoholic as
well as non-alcoholic beverages, which due to latter demand surges the flavor
carriers’ consumption within them. Flavor carriers work as food additives,
processing aids, humectants, carriers, and solvents that replace maltodextrin
in non-soluble applications. Flavor carriers are considered to be an ideal
alternative for petroleum-based additives and carriers, since these lower water
activity, improve humectant, and most significantly, have anti-bacterial
properties. Flavor carriers can be used as heat stabilizers in food and
beverages products. All these favorable properties of flavor carriers drive its
adoption across major end-users which further contributes to the overall market
growth.
Some key players operating in the market include Givaudan SA, International
Flavors & Fragrances Inc., Symrise, Kerry Inc., Sensient Technologies
Corp., among others. These players are aiming to strengthen their position in
the market by adopting various strategies as mergers and acquisitions,
partnerships, collaborations, new product launches and development in the
existing product portfolio, and so on.
Market Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
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Segment Covered
·
Regions Covered- Globally
·
Competitive Landscape: Givaudan SA,
International Flavors & Fragrances Inc., Symrise, Kerry Inc., Sensient
Technologies Corp., among others.
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Global Flavor Carriers Market by Segment
By Type
• Flavor Emulsion
• Cloud Emulsion
By Source
• Acacia Gum
• Modified Starch
By Application
• Non-Alcoholic
• Alcoholic
Global Flavor Carriers Market by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
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