Market Share of Food Flavor Industry
The global food flavor market is competitive. Kerry Group, Givaudan, Cargill Inc., Archer Daniels Midland Company, and Symrise AG are a few of the key players present in the market. Major companies are adopting strategies, such as introducing clean labels and organic flavor ranges and acquiring and partnering with local players to increase market penetration in untapped markets. The launch of new commodities may assist giant manufacturers in boosting sales, grasping consumers' attention, and enhancing their brand value. Several other players, along with the major players, are concentrating on online distribution channels for their online promotion and branding of their products in order to expand their geographic reach and increase their customer base.
Food Flavors Market Leaders
Kerry Group PLC
Archer Daniels Midland Company
Symrise AG
Cargill Inc.
Givaudan SA
*Disclaimer: Major Players sorted in no particular order