SAN FRANCISCO, November 10, 2015 /PRNewswire/ --
Global liquid Flavor market is expected to reach USD 11.06 billion by 2022, according to a new report by Grand View Research, Inc. Growth of key end-use industries such as beverages and processed foods is expected to remain a key driving factor for global liquid Flavor market. Increasing consumer awareness regarding detrimental effects of synthetic chemicals in artificial food ingredients has also prompted demand for natural and organic liquid Flavor. Rising disposable income and changing lifestyle of consumers in China, India, Vietnam and Indonesia is also expected to contribute towards market development.
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Browse full research report with TOC on "Liquid Flavor Market Analysis By Product (Organic Flavor Concentrates, Flavor Extracts, Artificial Flavor Liquids), By Application (Beverages, Bakery & Confectionery, Dairy & Frozen Foods, Processed Foods) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/liquid-flavor-market
Artificial flavor liquids were the leading product segment and accounted for 45.7% of total market revenue in 2014. Flavor extracts are expected to witness the highest growth of 5.3% from 2015 to 2022. Growing demand for organic ingredients in beverages and processed food industries is expected to drive this segment over the forecast period.
Further key findings from the report suggest:
Grand View Research has segmented the global liquid flavor market on the basis of product and application:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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