NEWARK, Del, May 04, 2022 (GLOBE NEWSWIRE) — The global encapsulated flavors market is set to witness growth at a CAGR of 5.4% and is anticipated to reach a valuation of around USD 5 Bn by 2032.
The desire toward natural, nutritious, and healthy products is growing, yet the food business faces significant hurdles due to the poor qualities of these ingredients. To avoid such problems, corporations are concentrating on capturing the original flavor of their products using various techniques. Consumers love adding flavors to many sorts of food products such as cookies, biscuits, and ice creams these days, which is expected to raise demand for encapsulated tastes. Furthermore, rising health awareness and time constraints, as well as the resulting desire for functional and convenience foods, are likely to drive market expansion.
Furthermore, customers have begun to favor fizzy and flavored drinks, which is projected to result in an increase in revenue growth for various encapsulate flavors across geographies. Consumers have opted to swap to drinks with natural flavorings due to the recognized negative health impacts of artificial flavoring. As a result, health-conscious consumers are opting for plant-based beverages over other drinks. This is a crucial aspect that is expected to propel the industry forward.
Key Takeaways from Market Study
- The encapsulated flavors market is segmented based on product type, wherein flavor blends are anticipated to account for a sizeable portion of the market share over the forecast period.
- The North American encapsulated flavors market is expected to witness a lucrative growth rate of 5.9% during the forecast period.
- North America is inferred to account for a major chunk of the global encapsulated flavors consumption through 2032
- Encapsulated flavors application in bakery and confectionary is expected to hold a market share of over 25% in the forecast period
“Demand for different mixtures of flavors is expected to benefit the growth of the encapsulated flavors market,” says a Future Market Insights analyst.
Get Sample of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4530
The global encapsulated flavor market is primarily characterized by the presence of a large number of local and multinational companies operating in the global market, with multinationals accounting for approximately 70% of the market share, allowing them to act as price regulators in the industry. Moreover, key market players are investing heavily in R&D to develop innovative goods and are expanding their efforts to develop high-quality, cost-effective products that can be used in a variety of applications:
- Frutarom Switzerland Ltd, for example, employs cutting-edge technology such as Durarome, which protects flavors from oxidation while still preserving their freshness
- PLT Health Solutions, Inc. introduced a broad-spectrum anti-microbial activity, a new flavor encapsulating technology that helps extend shelf life and enhance flavor in a variety of food and beverage items
Encapsulated Flavors Market by Category
By Product Type, Encapsulated Flavors Market is segmented ace:
- Flavor Blends
- essential oils
- Natural Extracts
- Other Product Types
By Encapsulation Process, Encapsulated Flavors Market is segmented ace:
- Spray Freezing/Chilling
- Fluid Bed Coating
- Glass Encapsulation
- Other Processes
By Flavor Type, Encapsulated Flavors Market is segmented ace:
- Fruit Flavors
- Nut Flavors
- Chocolate Flavor
- Spice Flavors
- Vanilla Flavor
- Citrus Flavor
- Berry Flavor
- Other Flavors
By Applications, Encapsulated Flavors Market is segmented ace:
- Bakery and Confectionary
- Cereal and Oatmeal
- snack foods
- Frozen Food
- Dairy Products
- Beverages and Instant Drinks
- Pharmaceutical and Personal Care
Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-4530
Table of Contents
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3.1. Market Dynamics
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
4. Global Encapsulated Flavors Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (MT) Projections, 2022-2032
4.2.1. YoY Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
Get Discount on the Report @
Have a Look at Related Research Reports:
Liver Health Supplements Market : The global liver health supplements market size is set to exhibit growth at a CAGR of 5.6% in the forecast period.
Dextrose Syrup Market : The global sales of dextrose syrup are slated to grow at a steady CAGR of around 5.1% between 2022 and 2032.
Slimming Tea Market : The global slimming tea market size is set to reach US$ 11.5 Billion in 2032 and exhibit growth at an astonishing CAGR of 9.2% in the forecast period from 2022 to 2032.
Compressible Sugar Market : The global compressible sugar demand is anticipated to grow at a steady pace during the forecast period from 2022 to 2032.
Cocoa Bean Extract Market : Sales of cocoa bean extracts reached US$ 7.6 Billion in FY 2021, and is poised to register a 3.9% YoY expansion rate, reaching US$ 7.9 Billion in 2022.
[Future Market Insights Webcast] Opportunities in Vegan and Plant based: 5th May 9-10 AM Pacific Time.
Register here https://www.futuremarketinsights.com/event/growth-opportunities-in-vegan-plant-based
This is a market waiting to see explosive growth in coming years! Join us as we are in conversation with industry leaders about growth opportunities and what it takes to achieve economies of scale.
- allison Rabschunk – Business Development Director for Plant Protein, Kerry
- Anna Turvoll – Head of investor relations, v2food
- Danny O’Malley – President and Founder, Before the Butcher
Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
For Sales Inquiries: email@example.com
LinkedIn| Twitter| blogging