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- Number of pages : 30 pages
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- Last update : 21/06/2023
Summary and extracts
1 Synthèse du marché
1.1 Definition and scope of the study
The food flavorings market comprises producing and selling substances used to improve foods' taste and sensory properties. Food flavorings are used in various products, such as beverages, baked goods, snacks, sweets, and ready meals. They can be of natural origin, derived from natural sources, or produced synthetically.
The global food flavoring market is witnessing continuous growth. The market is expected to grow at a compound annual growth rate (CAGR) of around 4.4% from 2023 to 2031. [Straits Research] This growth is driven by various factors such as increasing demand for high-quality food products, increasing diversity in consumer taste preferences, and a growing trend toward convenience products.
The German food flavoring market is also showing solid growth. According to forecasts, the market will grow at a compound annual growth rate (CAGR) of approximately 3.8%. [Mordor Intelligence] This growth is driven by the high demand for innovative flavors, increasing consumer preference for natural flavors, and the growing food industry in Germany.
Several trends can be observed in the food flavors market. A growing number of consumers are showing an increased interest in natural flavors and clean-label products that are free of artificial additives. The trend toward healthy eating habits and specific nutritional needs is also having an impact on the market. Additionally, an increasing demand for exotic and global flavors can be observed.
The following market study focuses on current trends in the industry as well as the market structure and competitive situation of the market.
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The food flavouring market | Germany
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