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Pulished Date April, 2021
ID: 1194
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Middle East And Africa Food Flavors Market By Type (Chocolate, Vanilla, Fruits & Nuts), By Origin (Natural, Synthetic), By Application (Beverages, Savory & Snacks, Bakery & Confectionery, Dairy & Frozen Products, Others) and By Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) – Size, Share, Trends, Growth, Forecast (2021-2026)

Pulished: April, 2021
ID: 1194
Pages: 145

Middle East and Africa Food Flavors Market Growth and Forecast (2021-2026):

Middle East and Africa Food Flavors Market has been estimated at USD 0.68 Million in 2021 and is projected to reach USD 0.89 Million by 2026, at a CAGR of 5.656% during the forecast period from 2021 to 2026.

Market Overview:

Flavors are a type of food additives added to food and beverages to make products tastier and more appealing. Flavors can be broadly classified as natural and synthetic flavors, where natural flavors are produced from edible substances such as fruits, vegetables, leaves; and synthetic flavors are prepared by the mixture of volatile chemicals. They are essential part of the food processing industry to maintain the taste of a product.

Drivers and Restraints:

The market for food flavors in Middle-East and Africa is mainly driven due to new technologies that are pioneered the outgrowth of advanced ingredients derived from fruits & vegetables, which are used as food flavors. Also, growing demand for health & wellness foods, technological innovation, and increasing consumer preference towards convenience and ready-to-eat meals are driving the food flavors market. But, the market growth can be hampered due to rising health awareness in people, high costs of food flavor raw materials and regulations on the amount of consumption.

Middle East and Africa Food Flavors Market Segmentation Analysis:

Middle-East and Africa market for Food Flavors is segmented based on type, source and application. By type, the market is further sub-segmented into Chocolate, Vanilla, Fruits & Nuts. By Origin, the market is further sub-segmented into Natural and Synthetic.  By Application, the market is further sub-segmented into Beverages, Savory & Snacks, Bakery & Confectionery, Dairy & Frozen Products, Others. Beverage flavor products segment is the largest in terms of revenue, closely followed by bakery & confectionery and savory & snacks flavors segments. Growth for dairy and frozen product flavors due to high demand of meat flavor products.

Regional Analysis:

Geographically the Middle East and Africa Food Flavors Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. MEA region is mainly growing in the market due to high penetration of global market players into the untapped regions. Also, increased consumption of fitness and wellness flavor solutions is also driving the market in these regions.

Key Players in the Market:

Major Key Players in the MEA Food Flavors Market are

  • Kerry Group
  • Givaudan
  • Firmenich
  • Sensient Technologies Corporation
  • Symrise AG
  • Frutarom Industries
  • Archer Daniels Midland Company
  • DohlerGroup
  • AGRANA Group
  • SVZ International B.V
  • SunOpta, Inc

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods   

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC) 

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Type                        

                                5.1.1 Chocolate

                                5.1.2 Vanilla       

                                5.1.3 Fruits & Nuts         

                5.2 By Origin                      

                                5.2.1 Natural     

                                5.2.2 synthetic 

                5.3 By Application                           

                                5.3.1 Beverages

                                5.3.2 Savory & Snacks   

                                5.3.3 Bakery & Confectionery    

                                5.3.4 Dairy & Frozen Products   

                                5.3.5 Others      

6. Geographical Analysis                                              

                6.1 Introduction                              

                6.2 Middle-East                                

                6.3 Africa                            

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 Kerry Group               

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues            

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 Givaudan                    

                8.3 Archer Daniels Midland Company                     

                8.4 DohlerGroup                             

                8.5 AGRANA Group                        

                8.6 SVZ International B.V.                            

                8.7 SunOpta, Inc.                             

                8.8 Sensient Technologies Corporation                  

                8.9 Symrise AG                 

                8.10 Frutarom Industries                             

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures  

                9.4 New Product Launches                          

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Type, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Middle East & Africa Food Flavors Market By Region, From 2021-2026 ( USD Million )
  2. Middle East & Africa Food Flavors Market By Type, From 2021-2026 ( USD Million )
  3. Middle East & Africa Chocolate Food Flavors Market By Region, From 2021-2026 ( USD Million )
  4. Middle East & Africa Vanilla Food Flavors Market By Region, From 2021-2026 ( USD Million )
  5. Middle East & Africa Fruits & Nuts Food Flavors Market By Region, From 2021-2026 ( USD Million )
  6. Middle East & Africa Food Flavors Market By Origin, From 2021-2026 ( USD Million )
  7. Middle East & Africa Natural Food Flavors Market By Region, From 2021-2026 ( USD Million )
  8. Middle East & Africa Synthetic Food Flavors Market By Region, From 2021-2026 ( USD Million )
  9. Middle East & Africa Food Flavors Market By Application, From 2021-2026 ( USD Million )
  10. Middle East & Africa Beverages Food Flavors Market By Region, From 2021-2026 ( USD Million )
  11. Middle East & Africa Savory & Snacks Food Flavors Market By Region, From 2021-2026 ( USD Million )
  12. Middle East & Africa Bakery & Confectionery Food Flavors Market By Region, From 2021-2026 ( USD Million )
  13. Middle East & Africa Dairy & Frozen Products Food Flavors Market By Region, From 2021-2026 ( USD Million )
  14. Middle East & Africa Other Food Flavors Market By Region, From 2021-2026 ( USD Million )
  15. Middle East Food Flavors Market By Type, From 2021-2026 ( USD Million )
  16. Middle East Food Flavors Market By Origin, From 2021-2026 ( USD Million )
  17. Middle East Food Flavors Market By Application, From 2021-2026 ( USD Million )
  18. Africa Food Flavors Market By Type, From 2021-2026 ( USD Million )
  19. Africa Food Flavors Market By Origin, From 2021-2026 ( USD Million )
  20. Africa Food Flavors Market By Application, From 2021-2026 ( USD Million )

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