North America Food Flavors Market Forecast 2019-2028

North America Food Flavors Market Forecast 2019-2028

KEY FINDINGS
The North America food flavors market is anticipated to record a CAGR of 3.56%, during the forecast period of 2019 to 2028. The surging demand for healthy and organic products and the growing need for convenience and ultra-processed food, primarily fuel the region’s market growth.

MARKET INSIGHTS
The United States and Canada are evaluated to assess the North America food flavors market growth. Canada’s market for food flavors is predominantly driven by the rising demand for ultra-processed food, in the country. Ultra-processed foods are characterized by the formulation of industrial ingredients and other food-derived substances, in addition to additives. Besides, these food products are not modified and primarily comprise very little, if any, intact food. Moreover, Canadians are currently the largest purchasers of ultra-processed foods and drinks, across the world, with an annual average of nearly 230 kilograms per person.
On the other hand, recent years have also witnessed an exponential growth in women entering or returning to the workforce. As a result, at least 70% of Canadian households possess a dual-income, with relatively reduced time for families to concentrate on home cooking. The country’s wages have also stagnated and failed to keep up with increasing living costs. Likewise, the deterioration has resulted in families becoming financially restrained. Hence, the factors mentioned above, are anticipated to propel the region’s market growth over the forecast period.

COMPETITIVE INSIGHTS
Wild Flavors Inc, Frutarom Industries Ltd, Bell Flavors and Fragrances Inc, Amyris Inc, Sensient Technologies Corporation, International Flavors & Fragrances Inc, etc., are among the key players operating in the market.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Increasing Demand For Rte Meal And Fast Foods
3.2.2. Growing Demand For Health Products
3.2.3. High Demand For Natural Flavors
3.3. Key Restraints
3.3.1. Rise In Side Effects Of Artificial Flavors
3.3.2. Stern Government Regulations
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter’s Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Impact Of Covid – Food Flavors
5. Market By Type
5.1. Natural Flavors
5.2. Artificial Flavors
6. Market By End-user
6.1. Beverages
6.1.1. Hot Drinks
6.1.2. Soft Drinks
6.1.3. Alcoholic Drinks
6.2. Dairy & Frozen Products
6.2.1. Dairy Products
6.2.2. Frozen Products
6.3. Bakery & Confectionery
6.3.1. Bakery
6.3.2. Chocolate
6.3.3. Confectionery
6.3.4. Ice Cream
6.4. Savory & Snacks
6.4.1. Savory
6.4.2. Snacks
6.5. Animal & Pet Food
6.5.1. Animal Feed
6.5.2. Pet Food
7. Geographical Analysis
7.1. North America
7.1.1. United States
7.1.2. Canada
8. Company Profiles
8.1. Firmenich Sa
8.2. Frutarom Industries Ltd
8.3. Givaudan International Sa
8.4. Huabao International Holdings Limited
8.5. Kerry Group Plc
8.6. Robertet Sa
8.7. S H Kelkar And Company Limited
8.8. Sensient Technologies Corporation
8.9. Symrise Ag
8.10. Takasago International Corporation
8.11. Synergy Flavors
8.12. The Foodie Flavours
8.13. Besmoke Ltd
8.14. Create Flavors
8.15. Aromata Group

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