Market Size of Russia 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 | 3.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Russia Food Flavor and Enhancer Market Analysis
The Russian food flavor and enhancer market is projected to record a CAGR of 3.5% 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, which has resulted in an increased demand for natural food flavors.
- Due to rising health concerns, there is a continuous rise in the demand for specialty ingredients, along with natural food flavors in functional and fortified beverages.
- However, despite the need to rely on comfort foods, consumers are reluctant to compromise on flavor. People in the younger age group are the primary consumer base, constantly willing to discover varied culinary traditions, in the interest of their taste buds.
