Biotech-flavors Market, By Flavor Type, Application and Region - Growth, Future Prospects, and Competitive Analysis, 2017- 2025, the biotech-flavors market was valued at US$ 819.3 Mn 997.9n 2017, and is expected to reach US$ 38,89.2 Mn by 2025, expanding at a CAGR of 10.9% from 2017 to 2025.
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Market Insights
Flavors as well as the flavor enhancers are the major units that provides taste in processed beverage and food products. Flavors are one of the prime segment and component for overall food ingredients market and the segment can be considered as highly specialized, technical and innovative in nature. It has been notified that as compared to other food and beverage category, the flavor industry is significantly competitive and focused. The manufacturers that functions in flavor and flavor enhancers industry grow and supply a wide variety of flavor enhancing ingredients as well as constituents to food and beverages and pharmaceutical industry. Biotech-flavors is a substitute to organic synthesis of flavors. This flavor is playing a vital role in development of flavoring compounds. Flavor compounds produced with the help of biotech method have been measured as natural compounds. Biotech flavors are the flavors which are sweet, savory, and salty and also supports in producing healthier food products. The manufacturers can decrease the amount of salt or sugar in the foods by utilizing small amount of biotech flavor.
Rising demand for natural ingredients food based product as well as rising intake of healthy food as well as higher consumption of desserts is anticipated to expand the growth of biotech-flavors market over the forecast period. Rising utilization of innovative technology and thus enabling the producers to develop new biotech flavor is further likely to impel the growth of biotech-flavors market between 2016 and 2023.
Considering the competition, this market is characterized by presence of various players some of which are small-scale players and some are the largest in number. In order to enhance their presence in the overall global market, the companies are focusing on research and development as well as new product development. The companies are entering into manufacturing of lower cholesterol based flavors which will help in maintaining a balanced immune system.
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Key Trends:
• New product development
• Educating consumers (manufacturers) about Biotech-flavors
• Educating consumers (manufacturers) about Biotech-flavors
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Biotech-flavors Market Snapshot
2.1.1. Global Biotech-flavors Market by Flavor Type,2015
2.1.2. Global Biotech-flavors Market by Application,2015
2.1.3. Global Biotech-flavors Market by Geography,2015
2.1. Global Biotech-flavors Market Snapshot
2.1.1. Global Biotech-flavors Market by Flavor Type,2015
2.1.2. Global Biotech-flavors Market by Application,2015
2.1.3. Global Biotech-flavors Market by Geography,2015
3. Global Biotech-flavors Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges During the Forecast Period, (2016-2023)
3.6. Market Positioning of Key Biotech-flavor Companies, 2015
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges During the Forecast Period, (2016-2023)
3.6. Market Positioning of Key Biotech-flavor Companies, 2015
4. Global Biotech-flavors Market Size (US$), By Flavor Type, 2015 - 2025
4.1. Overview
4.1.1. Market Share Analysis by Flavor Type, 2015 vs. 2023
4.1.2. Attractive Investment Proportion by Flavor Type
4.2. Vanilla
4.3. Fruity Flavor
4.4. Microbial Produced Flavor
4.5. Essential Oils
4.6. Others
4.1. Overview
4.1.1. Market Share Analysis by Flavor Type, 2015 vs. 2023
4.1.2. Attractive Investment Proportion by Flavor Type
4.2. Vanilla
4.3. Fruity Flavor
4.4. Microbial Produced Flavor
4.5. Essential Oils
4.6. Others
5. Global Biotech-flavors Market Size (US$), By Application, 2015 - 2025
5.1. Overview
5.1.1. Market Share Analysis by Application, 2015 vs 2023
5.1.2. Attractive Investment Proportion by Application
5.2. Food
5.3. Beverage
5.4. Pharmaceuticals
5.1. Overview
5.1.1. Market Share Analysis by Application, 2015 vs 2023
5.1.2. Attractive Investment Proportion by Application
5.2. Food
5.3. Beverage
5.4. Pharmaceuticals
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6. Global Biotech-flavors Market Size (US$), By Geography, 2015 - 2025
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2015 vs. 2023
6.1.2. Attractive Investment Proportion by Geography
6.2. North America Biotech-flavors Market Analysis, 2015 - 2025
6.2.1. North America Biotech-flavors Market Size (US$), By Country, 2015 - 2025
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. North America Biotech-flavors Market Size (US$), By Flavor Type, 2015 - 2025
6.2.2.1. Vanilla
6.2.2.2. Fruity Flavor
6.2.2.3. Microbial Produced Flavor
6.2.2.4. Essential Oils
6.2.2.5. Others
6.2.3. North America Biotech-flavors Market Size (US$), By Application, 2015 - 2025
6.2.3.1. Food
6.2.3.2. Beverage
6.2.3.3. Nutraceuticals
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2015 vs. 2023
6.1.2. Attractive Investment Proportion by Geography
6.2. North America Biotech-flavors Market Analysis, 2015 - 2025
6.2.1. North America Biotech-flavors Market Size (US$), By Country, 2015 - 2025
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. North America Biotech-flavors Market Size (US$), By Flavor Type, 2015 - 2025
6.2.2.1. Vanilla
6.2.2.2. Fruity Flavor
6.2.2.3. Microbial Produced Flavor
6.2.2.4. Essential Oils
6.2.2.5. Others
6.2.3. North America Biotech-flavors Market Size (US$), By Application, 2015 - 2025
6.2.3.1. Food
6.2.3.2. Beverage
6.2.3.3. Nutraceuticals
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