TechNavio recognizes the following companies as the key players in Global Natural Colorant and Flavor Market: Chr. Hansen A/S, D.D. Williamson & Co., Firmenich S.A., Givaudan S.A., Royal DSM N.V., Sensient Technologies Corp., and Sethness Products Co.
Commenting on the report, an analyst from TechNavio’s team said: “The Food and Beverages industry includes a diverse set of products such as fresh, frozen, confectionery, dairy, and processed foods, and is set to grow at a CAGR of 3-5 percent by 2014. The main factors contributing to its growth are the rise in global population, increasing demand for packaged foods, and the growing purchasing power of the population in emerging countries. The rapid economic growth in countries such as China, India and Vietnam has resulted in a significant increase in the disposable income of consumers. Moreover, the establishment of many organized retailers around the world has led to the easy availability of a variety of packaged food items. These food and beverage products contain a variety of natural food colors and flavors. Thus, the growth of the Food and Beverages industry is expected to boost the demand for natural colorants to meet the varied needs of consumers during the forecast period.”
According to the report, one of the main drivers in this market is the increase in the demand for food products that contain natural flavors and colorants. This demand has resulted from the growing health-conscious population seeking to consume food and beverage products that have natural labels on the pack, as they consider them to be safer and healthier.
Further, the report states that one of the main challenges hindering the market growth is the instability of natural colors and flavors. Natural colors and flavors tend to lose their properties easily when exposed to fluctuating temperatures, heat, light, etc. which poses a difficulty to the vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-natural-colorant-and-flavor-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report – Global Natural Colorant and Flavor Market 2014-2018
