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Table of Contents
Global Floral Flavors Market is expected to grow at CAGR of 9.4 % between 2024 and 2030 with Food and Beverage segment dominates the market .
Floral flavors are used to add distinct yet subtle, fragrant flavor in a variety of applications. Most commonly used floral flavors are jasmine, rose, elderflower, hibiscus, lavender, orange blossom and chrysanthemum. These floral flavors provide delicate and exotic tastes that offer a touch to adult sophistication. Floral flavor pair extremely good with fruit flavors, they act as a compliment to each other. Flowers contain various health benefits, they have very high levels of anti-oxidants, minerals, vitamins and many more nutrients. Hibiscus Tea helps in lowering blood pressure, fight cancer, and lower cholesterol in the body, reduce the risk to obesity. Jasmine Tea offers prevention from gastrointestinal disorders, relieving stress, prevention of cancer, control of diabetes, and boosting immunity system.
Products featuring natural floral flavor have increased by 134% in past few years. Driving factors for floral flavor market are that consumers are seeking for the natural ingredients combined with sophisticated taste. The population who loves to go out for dining purpose looks for local, healthy, and interesting food choices with very minimal amount of artificial additives. Among all natural flavor Rose is having the largest contribution in the market.
Floral flavor have made their presence in many different food and beverage categories which includes sweet, savory appetizers, main dishes, drinks, ice creams etc. Other than food and beverage they are also gaining market in cigars and tobacco. Lavender is the key in French herbs, and rosewater is used in middle east and Mediterranean for flavoring dishes. Floral flavor are also used in Pharmaceutical industry for inactive ingredients. Flavors are used in medicines which are orally consumed like syrup, chewable tablets, and gums to make medicines easy to consume.
On Application side, Food and Beverage segment contributes around 62 % of overall Floral Flavors Market. Breaking down Food and Beverage shows Beverage segment generate more than 70 % of overall revenue from Floral Flavors Market used in Food and Beverage. Heavy use of Flavors in manufacturing of beverages, along with increasing popularity of blended beverages driving market to grow at significant higher rate.
Geographically Asia Pacific showing largest market revenue generated primarily due to large population and hence healthy growth in Food and Beverages industry. Asia Pacific market is expected to show strong growth in forecasted period. European Floral Flavors Market generating second largest revenue driving with growth factor as increased use in bakery and confectionaries products. Americas and Rest of the World Market also expected to show significant growth in forecasted period.
Floral Flavors Market : Product Type
Floral Flavors Market : Application
Global Floral Flavors Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Floral Flavors Market:
Geographical analysis of Floral Flavors Market:
Global Floral Flavors Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2023 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Floral Flavors Market report considers 2023 as the base year.
Floral Flavors Market report considers data for period 2018 to 2023 as the historical data and forecast between 2024 to 2030.
Yes, report is inclusive in-detailed analysis of key players in Floral Flavors Market
Floral Flavors Market The study mainly includes analysis for North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and ROW. Also, analysis is further drop-down to country level.
Floral Flavors Market Report includes Market Segmentation, Regional outlook, Application Analysis, Competitive analysis, Supply-Demand Analysis, Market Size, Trends, Strategies, and Forecast.
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