Market Size of Germany 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 | 3.80 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Germany Food Flavor & Enhancer Market Analysis
The German food flavor and enhancer market is projected to record a CAGR of 3.8% during the forecast period.
- There is a rising demand for natural food flavors and consumers are seen avoiding artificial colors and flavors that are incorporated into different food categories, owing to the increasing health hazards that occur in consumption of synthetic/artificial flavors, resulting in an increased demand for natural food flavors.
- However, despite the need to rely on comfort foods, consumers are reluctant to compromise on flavor. Younger age groups in precise, are the primary consumer base constantly willing to discover varied culinary traditions, in the interest of their taste buds.
- As the aging population in Germany consumes more nutritive products due to the rising health concerns, and there is a continuous rise in demand for specialty ingredients, along with natural food flavors in functional and fortified beverages.