Lucintel Blog: Fruit flavors is expected to remain the largest segment in the global confectionery flavor market

Wednesday, June 28, 2023

Fruit flavors is expected to remain the largest segment in the global confectionery flavor market

An exciting new study from the team of Lucintel found that confectionery flavor market is expected to reach $6.9 billion by 2028 with a CAGR of 4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/confectionery-flavor-market.aspx.

The confectionery flavor market is segmented based on flavor type, nature, form, application, and region. In this market, fruit flavor is expected to remain the largest flavor type, and hard & soft candies segment is expected to remain the largest application. Players can benefit from the available opportunities like increasing number of consumers of confectionery goods and rising preference for confectionery goods among elderly population in the region.

Givaudan, Dohler, FlavorChem, The Edlong Corporation, FONA International, Flavaroma, GOLD COAST INGREDIENTS, Symrise, LorAnn Oils, and Innova Flavors are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/confectionery-flavor-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the confectionery flavor market by flavor type (sweet flavors, vanilla flavors, fruit flavors, mint flavors, and others), nature (natural and synthetic), form (liquid, powder, and syrup), application (hard & soft candies, chewing gum, popcorn, and meringues), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the confectionery flavor market?

Q.4 What are some changing demands of customers in the confectionery flavor market?

Q.5 What are the new developments in the confectionery flavor market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this confectionery flavor area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this confectionery flavor market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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