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Beverage Flavoring Market By Food Flavors (Chocolate & brown
flavors, Vanilla, Fruits & nuts, Dairy, Spices), Application (Beverages,
Dairy products, Confectionery products, Bakery products, Meat
Products), Form (Liquid, Dry), Origin (Natural, Artificial) & Region -
Forecast to 2022 - 2032
Beverage Flavoring Market - Analysis, Outlook, Growth, Trends, Forecasts
December 2021 | REP-GB-11434 |
350 pages
|
Food and
Beverage
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Beverage Flavoring Market Overview
[350 Pages Report] The global beverage flavoring market
analysis by Future Market Insights shows that global
consumption of beverage flavoring systems enjoyed a year-on-
year (YOY) growth of 5.2% in 2021 to total sales of USD 4.5 bn,
and is estimated to reach USD 7.8 bn in 2032 at a CAGR of
5.7%. The Asia Pacific market is projected to expand
significantly due to the rapid growth of the food and beverage
market.
Beverage Flavoring Market Size Value in 2022
USD 4.5 Bn
Beverage Flavoring Market Forecast Value in
2032
USD 7.8 Bn
Global Growth Rate (2022 to 2032)
5.7%
Forecast Period
2022-2032
Growing demand for packaged juices, sports drinks, and energy
drinks is expected to further fuel demand for drink-flavored
systems.
Increasing investment by many multinational manufacturers in
flavor enhancement coupled with rising demand for ready-to-eat
food and beverages is boosting the global market for flavoring
beverages. The preference of consumers for natural flavoring is
growing as they are more conscious of their wellbeing, which is
the key driver of market growth.
A beverage flavoring system is a combination of various
ingredients such as flavoring agents, flavor enhancers, flavor
carriers, emulsifiers, preservatives, and stabilizers among
others. These ing