Market Size of United States Food Flavor Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.90 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Food Flavors Market Analysis
United States food flavor market is projected to grow at a CAGR of 3.9% during the forecast period (2020 - 2025).
- The rising use of food flavors into edible products such as baked food, beverages, and confectioneries to enhance their aroma & taste is boosting the growth of the food flavors market in the country. Changing consumer tastes and growing inclination towards new palettes and cuisines is further fueling the demand for flavors across the food industry.
- Further, the United States consumers are demanding natural flavors, as they are becoming more concerned about the long-term health effects of artificial ingredients and additives in food products.
- A large number of consumers have gained interest in purchasing clean label goods, which offer a wide scope for naturally sourced ingredients, hence propelling the demand for natural food flavors. However, the high prices of natural flavors may impact the growth of the segment.
