Sorbitol Market Is Projected To Grow Quickly Due To Enhanced Demand In Food & Beverages, Chemicals & Pharmaceuticals Till 2020: Grand View Research, Inc.

The Global Sorbitol Market is expected to reach USD 3.99 billion by 2020, according to a new study by Grand View Research, Inc. Sorbitol is a preferred substitute for sugar in food and beverages owing to lower caloric values and natural sweetening properties. Additionally, increasing health awareness among consumers worldwide is expected to fuel market demand over the forecast period.

Cosmetic and personal care was the largest end use application segment, accounting for over 600 kilo tons of sorbitol demand in 2013. Stabilizing, softening and surface active properties of sorbitol are the key reasons for growing use in the above applications. Sorbitol is also used as a preservative and low calorie sweetener in foods and accounted for over 537.9 kilo tons of sorbitol demand in 2013.

Browse full research report on Sorbitol Market: http://www.grandviewresearch.com/industry-analysis/sorbitol-market

Further Key Findings From the Study Suggest:

• Global sorbitol demand was 1,829.6 kilo tons in 2013 and is expected to reach 2,337.2 kilo tons by 2020 growing at a CAGR of 3.6% from 2014 to 2020.

• Liquid sorbitol is the largest used product, accounting for 1,524.7 kilo tons of demand in 2013, mainly due to simplified production process and low cost in comparison to crystal sorbitol.

• Toothpaste is the fastest growing application segment, at an estimated CAGR of 4.0% from 2014 to 2020 mainly due to sorbitol properties that prevent cavities and tooth decay.

• Asia Pacific was the largest regional market for sorbitol with revenue USD 656.9 million in 2013. China being the largest producer of Vitamin C, a key application of sorbitol, has resulted in highest demand in the region. In addition, the region is also expected to witness fastest growth, at an estimated CAGR of 4.1% from 2014 to 2020.

• Cosmetic and personal care along with chemical applications are expected to witness fastest growth at an estimated CAGR of 3.8% from 2014 to 2020.

• Key Companies in the market include Roquette Freres, Cargill and Archer Daniels Midland which together accounted for a market share of over 70% in 2013. Other companies include Sorini, Gulshan Polylols Ltd, SPI Pharma, Merck, Danisco and Sigma-Aldrich.

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About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Specialty Food Ingredients Market Is Expected To Reach USD 116.50 Billion By 2025: By Grand View Research, Inc.

The global specialty food ingredient market is expected to reach USD 116.50 billion by 2025, according to a new report by Grand View Research, Inc. The industry is anticipated to grow substantially over the forecast period owing to increasing application of these products in the modern processing sector to meet a wide range of demand for diverse product qualities.

There has been various value addition in process technologies which help in efficient use of specialty ingredients in finished foodstuff. One of such advancements is the twin-screw extrusion lines developed by Clextral, which help in increasing the flexibility of various constituents during processing.

Various developments in encapsulation technologies to enhance aroma and taste differentiation, mask unpleasant odor and bad tasting components, increase their bioavailability and stabilize additives; have resulted in tremendous quality improvements in finished products. This in turn has helped in the processors in meeting various consumer demands.

The regulatory scenario plays a very important role in this industry. Frequently changing regulatory framework is a matter of concern for the industry players across the entire value chain. The agenda of health issues provides various opportunities for specialty ingredient reformulation and innovation. However, this requires innovation regarding technology regarding which the novel constituents play a crucial role.

The functional specialty food ingredientsare anticipated to be the fastest growing segment over the next decade and is projected to grow at a CAGR of 5.5% from 2017 to 2025. These products help overcome various diseases and provide good health. Hence, the requirement of such elements is more or less homogenous globally; however, recent practices of combining functional diet and molecular nutrition might challenge the conventional paradigm shift, is expected to drive the demand over the forecast period.

U.S. specialty sensory food ingredients market by product, 2014 - 2025 (USD Million)

Browse full research report on Specialty Food Ingredients Market: http://www.grandviewresearch.com/industry-analysis/specialty-food-ingredients-market

Further key findings from the report suggest:

• Flavors are expected to be the fastest growing sensory ingredients. This market is characterized as innovative, technical and specialized in nature and its growth parameters include changing lifestyle of consumers, increased demand of convenience foodstuff
• Vitamins was the largest functional constituents segment in 2016. Natural and synthetic vitamins are the two types of vitamins used in end products
• Asia Pacific accounted for over 34% of the overall revenue in 2016
• Major companies actively operating in the industry in the present scenario would includeNaturex, Frutarom, KF Specialty Ingredients, Ingredion, DuPont, PPG Industries, Evonik, Kerry Group and Ashland Inc.
• Regulatory agencies play a crucial role in the growth of this industry. The NSF/ANSI defines marketing and labeling requirements for dietary products that contain organic ingredients. This standard allows the “contains organic ingredients” designation for products with organic content of 70% or more that complies with all other requirements of the standards

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-specialty-food-ingredients-market 

                                                                          

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Fat Replacers Market To Experience Lucrative Growth Due To The Growing Demand For Low-Calorie Dietary Products Till 2025: Grand View Research, Inc.

The global fat replacers market is anticipated to reach USD 2.79 billion by 2025, according to a new report by Grand View Research, Inc. Growing food processing industry coupled with a trend of maintaining nutritionally balanced lifestyle is expected to augment market growth over the coming years.

The ability of the fat replacer to mimic the physical and chemical qualities of lipids, thereby, providing fewer calories per gram, has revolutionized the food & beverage processing industry. New product launches catering to the low-fat and skimmed products industry is anticipated to propel market growth.

Increasing occurrences of obesity, cancer, high blood cholesterol levels, and coronary heart diseases has urged consumers to shift to a low-calorie diet, thus complementing market demand. Regulatory support aimed at facilitating foreign direct investments in developing countries is expected to amplify food & beverage production, consequently, increasing demand for fat replacers.

U.S. fat replacers market by product, 2014 - 2025 (USD Million)

Browse full research report on Fat Replacers Market: http://www.grandviewresearch.com/industry-analysis/fat-replacers-market

Further key findings from the report suggest:

• Investments in nutritional health food products across the world is expected to boost the demand for fat replacer
• Carbohydrate-based fat replacer was the leading product segment in 2015 and is projected to grow at an estimated CAGR of 6.2% from 2016 to 2025, as they help retain moisture, texture, viscosity, and provide mouthfeel
• Bakery & confectioneries segment occupied around 25% market share and is projected to witness fastest growth rate from 2016 to 2025
• Increasing demand for low-fat jams, jellies, chocolates, pastries, biscuits, and cakes is anticipated to increase the demand for fat mimetic in the bakery & confectioneries segment
• The Asia Pacific is market is expected to witness the fastest growth and hold largest market share by 2025, owing to increasing investments in the food & beverage manufacturing industry
• The CSA and MEA regions are projected to growth at a high CAGR due to rapid developments in the food processing industry
• Companies offer a broad range of products and solutions for application specific use. With growing health concerns, products are uniquely balanced in terms of carbohydrate content.
• Companies operating in this market include Cargill Incorporated, FMC Corporation, Archer Daniels Midland Company, Ashland Global Holdings Inc., Kerry Group PLC., DKS Co Ltd., and Agritech Worldwide Inc.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-fat-replacers-market       

                                        

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Prebiotics Market Is Likely To Be Influenced By Increasing Dairy Production Till 2024: Grand View Research, Inc.

The global prebiotics market is expected to reach USD 7.11 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for fiber rich food products is expected to drive the market. 

Rising investment in the food & beverage industry for innovation and development of new food products enriched with prebiotics coupled with rising demand in dietary supplements application particularly in infant foods is expected to propel market growth over the forecast period. In addition, rising use of prebiotics in animal feed is expected to drive the demand. Growing emphasis on improving overall health is also expected to fuel product demand over the next eight years. 

Emergence of prebiotics as an alternate to antibiotics is expected to fuel demand in animal feed applications. Increasing dairy production is expected to have a positive impact on market over the next eight years.

North America prebiotics market volume, by application, 2013 - 2024 (Kilo Tons)

Browse full research report on Prebiotics Market: http://www.grandviewresearch.com/industry-analysis/prebiotics-market

Further key findings from the report suggest:

• Inulin accounted for over 40.0% of the global prebiotics market in 2015 in terms of revenue. Rising health benefits coupled with easier availability from natural sources including banana, garlic is expected to drive the market demand. Inulin is also widely used to treat diabetes owing to its increased antioxidant activity thus propelling demand.
• Galacto-oligosaccharides (GOS) accounted for a significant share owing to growing use in dietary supplements. GOS have several health benefits including improving bone mineralization by improving calcium absorption, preventing colon cancer, stimulating bifidobacteria growth and substituting human milk oligosaccharides. These health benefits are expected to drive the market demand.
• North America demand for prebiotics was valued over USD 280.0 million in 2015. Rising demand for prebiotics enriched food products among consumers in the region to improve their digestive health is expected to drive the market demand. Prebiotic dietary supplements are expected to witness significant growth owing to rising focus on preventive healthcare.
• Dietary supplements application is expected to grow at a fastest CAGR on account of increasing consumption in Europe and North America owing to rising health consciousness among consumers and growing importance of prebiotics in weight management in the region. Growing innovation in the field of prebiotic rich protein/fiber supplements is expected to propel growth over the forecast period.
• Global prebiotics industry was highly fragmented on account of presence of numerous players. FrieslandCampina Domo, Paramus, NJ, was a key market player in 2015. The company product portfolio includes functional peptides and hydrolysates, bioactive proteins and galacto-oligosaccharides for use in nutraceutical products. Friesland markets its prebiotics under the brand name, Vivinal GOS intended for fruit juices and milk products.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-prebiotics-market      

                                      

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

U.S. Frozen Desserts Market Size Will Grow At A CAGR Of 3.7% CAGR from 2006 to 2025: Grand View Research, Inc.

The U.S. frozen desserts market is expected to reach USD 35.2 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for healthy and nutritious frozen desserts has been a major factor driving low-fat content desserts. In addition, technological advancements in refrigeration and conveyor techniques have also driven the industry growth in recent years.

Technology and innovation in the fields of flavors and textures are the key driving factors of the industry in the U.S. Various companies are working on technologically enhanced functional ingredient system to enhance their flavors and expand the industry horizon. These customizations in functional ingredients regarding creative flavors and improved texture and mouthfeel are achieved through consumer trend and extensive research & development.

Several companies are not only expanding their product portfolio but also strengthening their market with accurate marketing and undisrupted supply chain management. With the innovative range of products and huge competition, several companies are now working on branding and proper marketing implementation to gain an edge.

Presence of numerous major doughnut brands, including Tim Hortons, Dunkin’ Donuts and Krispy Kreme across the region has driven the industry growth in past few years. Innovation is at the forefront with the development of numerous novel flavors. Companies are also focusing on packaging and labeling along with other factors to offer these products in an eye-catching and refreshed appearance.

U.S. frozen desserts market revenue by product, 2006 - 2025 (USD Million)

Browse full research report on U.S. Frozen Desserts Market: http://www.grandviewresearch.com/industry-analysis/us-frozen-desserts-market

Further key findings from the report suggest:

• The U.S. frozen desserts demand exceeded USD 25.80 billion in 2016 and is expected to grow at a CAGR of 3.7% from 2017 to 2025
• Ice creams emerged as the dominant product segment in 2016, with over 60% market revenue
• Frozen yogurts are anticipated to witness fastest growth rate, generating revenue worth USD 2.10 billion by 2025
• Major frozen novelties manufacturers across the U.S. are involved in the development of innovative multi-textured and multi-flavored products with lower percentage of dairy ingredients, enticing consumers of all ages
• The cakes & pastries segment is driven by the increasing demand for unpackaged or artisanal cakes, which accounts for over three-quarters of all cakes sales across the region
• Non-retail was the dominant distribution channel and accounted for 54.96% of the revenue in 2016. Recent trends have led these outlets to adapt nutritious food into their growing menus, which has further enhanced their appeal as an outlet for on the go breakfast
• Retail bakeries have witnessed considerable rise in outlets across the region driven by their product innovation
• Key participants include Nestle USA, Inc., Lantmannen Unibake USA. Inc., Campbell Soup Company, Alpha Baking Co, Inc., Kellogg Company, ConAgra Brands, General Mills, Inc., Schwan’s Company, Sara Lee Desserts, Van’s Foods and Deiorio Foods, Inc., among others

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/us-frozen-desserts-market-analysis   

                                        

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Amino Acids Market Hits USD 35.40 Billion By 2022: By Grand View Research, Inc.

The Global Amino Acids Market is expected to reach USD 35.40 billion by 2022, according to a new study by Grand View Research, Inc. Global increase in livestock production on account of increasing meat consumption is expected to remain a key driving factor for amino acids market over the next seven years. 

Increase in dietary supplements demand owing to growing geriatric population and improved health standards particularly in emerging markets of Asia Pacific and Latin America is also expected to have a positive influence on the market growth. Increase in flavor enhancing products such as aspartame derived from l-aspartic acid and phenylalanine owing to increasing food & beverages consumption is expected to fuel market growth further. Steady supply of key raw material is expected to remain a key challenge for market participants over the forecast period.

L-glutamic acid emerged as the leading amino acid product segment and accounted for over 40% of total market volume in 2014. Lysine, threonine, methionine and tryptophan are majorly consumed feed additives for livestock production. Tryptophan is expected to be the fastest growing amino acid with an estimated CAGR of 18.0% from 2015 to 2022. Ban on bone meal across various regional markets is expected to remain a key driving factor for this segment over the forecast period.

Global Amino Acids Market Volume By Product, 2012 - 2022 (Kilo Tons)

Browse full research report on Amino Acids Market: 

http://www.grandviewresearch.com/industry-analysis/amino-acids-market

Further key findings from the report suggest:

• Global amino acids market demand was 6,582.0 kilo tons in 2014 and is expected to reach 10,117.5 kilo tons by 2022, growing at a CAGR of 5.6% from 2015 to 2022.
• Plants were the leading source for manufacturing amino acids and accounted for 86.0% of the total market volume in 2014. Animal based amino acids are expected to grow at an estimated CAGR of 4.0% from 2015 to 2022.
• Animal feed was the leading application segment and accounted for 52.5% of the total market volume in 2014. It is also expected to witness the highest growth of 6.2% from 2015 to 2022. Recent disease outbreak has prompted the demand for amino acids in animal feed, which is expected to drive this segment. Global amino acids demand for pharmaceuticals is expected to register a growth of 5.6% from 2015 to 2022.
• Asia Pacific dominated the global amino acids market and accounted for 49.4% of total demand in 2014. Increasing livestock production particularly in China, India and South East Asian countries is expected to drive the regional market over the forecast period. Central & South America is expected to witness the highest growth of 6.5% from 2015 to 2022. Increasing meat consumption coupled with growing health awareness particularly in Brazil is expected to drive the regional market.
• Global amino acids market is highly competitive with presence of large scale and small scale companies. Some major companies operating in the global amino acids market include Ajinomoto Co., Cargill Inc., Evonik Industries AG, ADM, Prinova U.S. LLC, Royal DSM. Other industry participants include Iris Biotech GmbH, Nanjing Liang Chemical, Sunrise Nutrachem Group, Tokyo Chemical Industry, Novus International Inc., Anaspec Inc., CJ Cheil Jedang Corporation and Adisseo France SAS.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-amino-acids-market 

                             

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Curcumin Market Is Predicted To Grow Swiftly Due To Enhanced Demand In Food, Cosmetics And Pharmaceuticals Till 2022: Grand View Research, Inc.

Global Curcumin market is expected to reach USD 94.3 million by 2022, according to a new study by Grand View Research, Inc. Therapeutic properties of curcumin such as anti-inflammatory and anti-oxidant make them ideally suited for use in food and medical application. The market is expected to witness significant growth in light of the growing consumer awareness regarding the above mentioned therapeutic properties. Increasing demand for herbal and ayurvedic skin care products is also expected to boost demand for curcumin over the forecast period. Curcumin or turmeric extracts are also gaining importance owing to the lower bioavailability of raw turmeric which is mostly consumed in food products.

Pharmaceutical was the largest application segment accounting for over 50% of the global volume owing to an increasing demand for curcumin based OTC supplements. Curcumin demand in food application also increased in 2014 in terms of absolute volumes on account of growing demand for natural coloring and flavoring substances. Similar trends are expected to continue over the forecast period. Growing penetration of herbal skin care products is expected to further augment curcumin market growth. R&D in dye-sensitized PV technology is expected to open new market avenues for curcumin. 

Global curcumin market, by application, 2012 - 2022 (Tons)

Browse full research report on Curcumin Market: http://www.grandviewresearch.com/industry-analysis/turmeric-extract-curcumin-market

Further key findings from the report suggest:

• North America was the largest regional market for curcumin with market revenue exceeding USD 20 million in 2014. Curcumin is an established ingredient for pharmaceutical application in the region which is expected to act as a major driver for market growth. In addition, growing use of turmeric extract or curcumin in cosmetic formulation is expected to further augment market demand over the forecast period.
• Curcumin production is highly dependent on turmeric production which is regional dominated by India. India is the largest manufacturer of curcumin with production exceeding 80% of global market. Low consumer awareness of curcumin as a health ingredient in India results in the country exporting majority of its product to North America and Europe.
• Europe is expected to be the fastest growing regional market for curcumin with demand estimated to grow at a CAGR of over 17% from 2015 to 2022. Regulatory support coupled with growing consumer awareness is expected to be a key factor responsible for high market growth in the region. European Food Safety Association (EFSA) has approved ADI of 3 mg/kg of body weight for curcumin making it a preferred pharmaceutical ingredient in turn resulting in increased market demand.
• Key players present in the global curcumin market include Arjuna Natural Extracts Ltd, Synthite Industries Ltd, Sabinsa Corporation and Helmigs Prima Sejahtera PT. Arjuna Natural Extract ltd has a patent for curcumin formulation from turmeric which signified the extensive R&D in the market.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/curcumin-market      

                    

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Organic Rice Protein Market Is Predicted To Grow Swiftly Due To Increasing Shift Towards Non-GMO And Vegan Food Ingredients Till 2024: Grand View Research, Inc.

The global organic rice protein market is expected to reach USD 154.4 million by 2024, according to a new report by Grand View Research, Inc. Superior functional properties coupled with increasing shift towards non-GMO and vegan food ingredients is expected to propel the demand over the forecast period. The product is hypoallergenic and generally consists of no added colors, sweeteners or fillers which increases its nutritional value. In addition, organic rice protein contains a high level of amino acid content which is very beneficial for building muscles.

Intake of dietary protein along with organic rice protein helps in burning fat through its thermic effect and reduces blood sugar level thereby facilitating weight loss. Companies including Axiom Foods, and Nutribiotics have been involved in extensive R&D in order to develop hexane free organic rice protein thereby facilitating development.

U.S. organic rice protein market volume, by application, 2013 - 2024 (Tons)

Browse full research report on Organic Rice Protein Market: 

http://www.grandviewresearch.com/industry-analysis/organic-rice-protein-market

Further key findings from the report suggest:

• Organic rice protein isolates are likely to witness CAGR of over 18% from 2016 to 2024. These produce high quality product with enhanced color, texture, and flavor in a cost effective manner, which is likely to augment demand for the product over the forecast period.
• Sports and energy nutrition application is expected to witness CAGR of over 16%, in terms of volume, from 2016 to 2024 due to rapidly growing demand in Europe and North America. High youth population coupled with increasing trend of sports & gym in Asia Pacific is likely to have a positive impact on the growth over the forecast period.
• North America is expected to witness significant growth from 2016 to 2024 due to the presence of key companies in the region. The players have been involved in extensive R&D in order to develop products focusing on numerous applications. High preference towards natural food ingredients in the regions is expected to propel demand for the product in meat analogues and extenders over the forecast period.
• Latin America demand was valued at over USD 1.5 million in 2015. Increasing government initiatives to promote use of organic food products coupled with high organic rice farming in the region is expected to augment demand for the product over the forecast period.
• The market is characterized by the presence of limited market players with the strong distribution network. Some of the key organic rice protein suppliers include American Supps, Nordic Food Partners A/S, Aggressive Health Shop, Bioden, and iHerb Inc. These companies are involved in the distribution of organic rice proteins on the global level.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-organic-rice-protein-market       

                     

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

U.S. Flavors Market Increasing CAGR 2.2% During The Period Of 2014 to 2025

The U.S. flavors market is expected to reach USD 4.87 billion by 2025, according to a new report by Grand View Research, Inc. Increasing consumption of processed & ready-to-eat products has fostered the demand for flavor enhancing additives to offset low food quality and tasteless products. 

Increasing consumer awareness regarding detrimental effects of synthetic chemicals in artificial food ingredients is expected to promote organic & natural flavor consumption. Rising consumer disposable income and expanding food & beverage sector in the U.S are also expected to contribute to natural extracts demand over the forecast period.

Feed grains are also being utilized for alternative applications such as bio-fuel generation, which has diverted food supply to some extent in the U.S. Processed foods are thus being consumed to a larger extent in order to counterpoise dwindling fresh food supplies, which has driven flavors consumption to enhance taste & quality.

Beverages were the leading application segment for liquid additives with valuation of over USD 1.39 billion in 2016. Rising demand for these additives in products such as sports and energy, carbonated and alcoholic drinks to enhance taste and aroma is expected to drive segment growth.

U.S. liquid flavors market revenue by product, 2014 - 2025 (USD Million)

Browse full research report on U.S. Flavors Market

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

 About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com