The report offers detailed coverage of Bio-Tech Flavors industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Bio-Tech Flavors by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Biotech flavors market is a consolidated market with a growing list of players keeping pace in this high-growth market. It is customary to add preservatives and colorants to food products to increase shelf-life of products and keep freshness intact which are highly inadvisable. Segmentation of biotech flavors market by flavor type includes vanilla and vanillin. Biotech flavors is one-up in this regard thanks to accompanying health advisories with biotech flavors that is a strong reason for adopting biotech flavors in your food that stands in complete disagreement to health hazards manifested by artificial favors. Vanilla and vanillin segment is broken down into protein bars, snacks, powder and protein drinks. Segmentation of biotech flavors market by application includes food application segment, beverages segment and neutraceutical segment.
Demand for bio-tech flavor is expected to grow at a significant rate over the forecast period, since bio-tech flavor manufacturers are developing new applications that are in the developing phase. Bio-tech flavors provide number of health benefits including enhancement of antioxidant levels, reduces the risk of metabolic disease including obesity and diabetes, which makes the consumer to consume bio-tech flavor based food and beverages over natural and artificial flavors.
Bio-tech flavors have low shelf life as compared to the shelf life of natural and artificial flavors. As there is no added artificial compound such as artificial preservatives, the average shelf life of bio-tech flavors is around six months to one year only. Increasing shelf life of natural and fruity flavor is a real challenge in order to enhance growth of the global bio-tech flavors market. Mostly, vanilla & vanillin flavors are not used in soda drinks due to reaction issues. This is another growth restraining factor for the bio-tech flavors market in terms of value.
The report forecast global Bio-Tech Flavors market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Bio-Tech Flavors market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Bio-Tech Flavors according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
Givaudan
International Flavors and Fragrances
Firmenich
Symrise
Takasago International Corporation
Sansient Technologies Corporation
Kerry Group
Market by Order Type
Liquid
Powder
Paste
Market by Application
Dairy Products
Beverages
Confectionery Products
Non-Dairy Ice Cream
Bakery Products
Nutraceuticals
Others