Market Size of Argentina Food Flavor and Enhancer Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.70 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Argentina Food Flavor & Enhancer Market Analysis
The Argentine food flavor and enhancer market is projected register a CAGR of 3.7% during the forecast period, 2020-2025.
- The market is majorly driven by the distinct taste profiles preferred by the consumers, as a result of the frequent launches of distinct flavors and enhancers by the key players. For instance, Firmenich launched a new line of natural flavor solutions, 'Protein Shield Flavors' for the beverage products with high protein content. In addition, consumer inclination toward clean-label and organic products boosts the natural food flavor segment of the market.