Vegan Flavors Industry Global Market Analysis 2016-2020 and Forecast 2021-2027

Posted by Dhananjay on April 5th, 2021

Vegan Flavors Market is valued at USD 7.27 Billion in 2017 and expected to reach USD 11.73 Billion by 2027 with a CAGR of 4.9% over the forecast period.

Scope of Vegan Flavors Market Report:               

Food Flavors are the ingredients which alter or enhance the taste of any food item. They can be varied in terms of natural, artificial, vegan or non-vegan which exist in powder or liquid form. They are extracted from fruits, vegetables, yeast, herbs, meat, seafood, poultry, dairy and others in form of essential oil, essence, oleoresin and other similar form. As vegan products or Flavors are free from any animal flesh and other ingredients derived from them, therefore they are adopted widely as people are health conscience and working towards saving planet and animals. As per the study by Loma Linda University, Vegans have less greenhouse gas footprints by 41.7% than meat eaters and 13.9% smaller than vegetarians. A vegan also helps to save hundreds of animals annually and this adoption forcing food and Flavorsing industry to find the alternative Flavors solutions for vegan people.

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Global Vegan Flavors Market Segmentation:

By Type:

  • Liquid Form
  • Powder Form

By Source:

  • Fruits
  • Vegetables
  • Others

By End-User:

  • Dairy Industry
  • Bakery Industry
  • Beverage Industry
  • Food Product Manufacturing
  • Pharmaceutical Industry
  • Other

Key Players for Global Vegan Flavors Market Report

  • Sensient Technologies
  • Flavors Dynamics
  • Parker Products
  • Archer Daniels Midland Company
  • International Flavors & Fragrances
  • Plamil Foods Ltd
  • Symrise AG
  • Others

Key Benefits for Global Vegan Flavors Market Report–

  • Global Vegan Flavors Market report covers in-depth historical and forecast analysis.
  • Global Vegan Flavors Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
  • Global Vegan Flavors Market report helps to identify opportunities in marketplace.
  • Global Vegan Flavors Market report covers extensive analysis of emerging trends and competitive landscape.

Vegan Flavors Market By Regional & Country Level:

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia

Latin America

  • Brazil
  • Mexico

Middle East and Africa

  • GCC
  • Africa
  • Rest of Middle East and Africa

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Dhananjay

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Dhananjay
Joined: April 1st, 2021
Articles Posted: 14

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