Market Size of Asia-Pacific Food Flavor and Enhancer Industry
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2021 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2018 - 2020 |
| CAGR | 3.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Food Flavor & Enhancer Market Analysis
Asia Pacific Food Flavor Market is projected to reach 12.11 billion USD in 2025 registering a CAGR of 3.5% during the forecast period 2020 - 2025.
- Flavors are added to foods to impart an additional taste or smell and a flavor enhancer is a substance that is added to a food to supplement or enhance its original taste or flavor.
- The increasing demand for foreign flavors and increased incorporation of herbs and spices as flavorings are driving the market.
- Another factor boosting the market is the innovation in the flavor market, various new flavors are being introduced to the market.
- Natural flavors has more demand over synthetic flavors, since synthetic flavors has many health hazards such as nausea, headache, allergic reactions, and dizziness etc.
