Market Size of Asia-Pacific Flavor Enhancer Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.62 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Flavor Enhancer Market Analysis
Asia-Pacific Flavor Enhancer Market is projected to grow at a CAGR of 5.62% during the forecast period, 2020-2025.
- Flavor enhancer is an additive, which is used to intensify or improve the flavor of food. Flavor enhancers provide the food products with the 'Umami' flavor. Flavor enhancers are used sparingly, with only around 0.1% to 0.5% of it being added to the food product. The distinction in flavorings--natural versus artificial--comes from the source of these identical chemicals.
- The increasing popularity of Asian cuisines across the globe is another primary reason for driving the market. Recently, many companies have launched natural flavor enhancers to meet the rising demand for clean labels.
