Market Size of China 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 | 4.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
China Food Flavor Enhancer Market Analysis
The Chinese food flavor and enhancer market is projected to register a CAGR of 4.0% during the forecast period, 2020-2025.
- There is a rising demand for natural food flavors. Besides, consumers are seen avoiding artificial colors and flavors that are incorporated into different food categories, due to the increasing behavioral problems in children, resulting in an increased demand for natural food flavors lately.
- Most of the food flavors are used in bakery and confectionery, which has made food flavors an extremely lucrative market for the manufacturers in the industry.