Below are some of the key findings from the floral flavors market research report:
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Global floral flavors industry overview
The health benefits of edible flowers is a key factor contributing to the growth of the global floral flavors market. Floral flavors and ingredients are used in food and beverages because they impart not only distinct flavors but also possess several health benefits. Different flowers and their extracts have different applications. Hibiscus-infused drinks such as hibiscus tea help in lowering blood pressure, support healthy cholesterol and triglycerides, fight cancer, prevent oxidative stress, reduce the risk of obesity, act as anti-depressants, and prevent the formation of kidney stones. Rose-infused drinks such as rose tea also have many benefits. Rose tea has anti-bacterial, antiseptic, anti-oxidative, anti-allergen, and anti-inflammatory properties. These factors have led to the expansion of the global floral flavors market in the forecast period.
The growing demand for natural flavoring ingredients is one of the key trends that will gain traction in the floral flavors market. The demand for natural foods and ingredients has been increasing worldwide due to the rising number of health-conscious consumers. Consumers are slowly shifting toward natural products that do not contain any artificial ingredients. Natural floral ingredients consist of flavor-inducing and color-inducing ingredients that are acquired naturally from floral extracts. Owing to such factors, the market is expected to grow at a CAGR of nearly 10% during the forecast period.
Top floral flavors companies covered in this market research report
The floral flavors market is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this floral flavors industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- abelei
- Firmenich
- Sensient Technologies
- Symrise
- Teawolf
Floral flavors market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the EMEA region will account for the highest growth of this market throughout the forecast period. EMEA held the largest share in the global floral flavors market, accounting for more than 44% of the market share. The growth of this region can be attributed to the fact that the increasing number of health-conscious customers are influencing the market positively.
Floral flavors market segmentation based on application
- Beverage industry
- Food industry
The beverage industry segment will account for the highest growth in the market, owing to the rising demand for beverages. Additionally, the report also provides an accurate prediction of the contribution of the various applications segments to the growth of the floral flavors market size.
Key highlights of the global floral flavors market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the floral flavors market during the next five years
- Precise estimation of the global floral flavors market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the floral flavors industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of floral flavors companies
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