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Trends and Forecast for Food Flavors Market by Application & Geography - 2018
The food flavors market is characterized by the presence of several companies and diversified product portfolios. The market players compete with their diversified products that can be used in various applications by their buyers. The food flavors market includes large players such as Firmenich SA (Switzerland), Givaudan SA (Switzerland), WILD Flavors Inc. (U.S.), Sensient Technologies Corporation (U.S.), etc.
The application of flavors varies depending on the type and end product. The usage of food flavors also varies, based on the consumer need and market demand. Companies such as Symrise AG (Germany), IFF (U.S.), and Kerry Group (Ireland) also have a strong presence in the market. The market also includes other players such as Frutarom Industries Ltd. (Israel) and V. Mane Fils SA (France).
The type of flavors offered by the players is important to determine the power of the market players. However, the degree of bargaining power and market share held by the firms vary by flavors category. The market also includes other players that serve as flavors suppliers to the F&B industry. Hence, the market of food flavors is increasing.
Food Flavors Market by Type (Natural & Synthetic), Application & Geography - Global Trends & Forecast to 2018
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