Market Size of Spain 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 | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Spain Food Flavor and Enhancer Market Analysis
The Spain global food flavor and enhancer market is forecasted to grow at a CAGR of 3.5% during the forecast period (2020 - 2025).
- Consumers are actively seeking for functional, and flavored, food and beverages, and are particularly focused on natural flavors, such as botanical extracts and other flavors. For example, natural berry flavor is widely used in jams, cakes, preserves, and pies. The natural berry flavor is gaining high demand in the industry, owing to its high antioxidant properties. This is one of the major factors driving the food flavors and enhancers market in the country.
- There is a rising demand for natural food flavors and consumers are seen avoiding artificial colors and flavors owing to the increasing health problems due to the consumption of synthetic/artificial flavors, which has resulted in an increased demand for natural food flavors. The use of natural flavors, such as citrus peels and juices, essences of fruits, spice vanilla sugar, coffee flavorings, etc., in various applications, such as beverages and processed foods, is driving the market.
