Global Bitterness Suppressors and Flavor Carriers Industry

Global Bitterness Suppressors and Flavor Carriers Industry

  • April 2021 •
  • 465 pages •
  • Report ID: 6030946 •
  • Format: PDF
Abstract:
- Global Bitterness Suppressors and Flavor Carriers Market to Reach $280.8 Million by 2027
- Amid the COVID-19 crisis, the global market for Bitterness Suppressors and Flavor Carriers estimated at US$203.4 Million in the year 2020, is projected to reach a revised size of US$280.8 Million by 2027, growing at aCAGR of 4.7% over the period 2020-2027. Flavor Carriers, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$189.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bitterness Suppressors segment is readjusted to a revised 5% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $54.9 Million, While China is Forecast to Grow at 7.7% CAGR
- The Bitterness Suppressors and Flavor Carriers market in the U.S. is estimated at US$54.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$58.7 Million by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

- Select Competitors (Total 45 Featured) -
  • Cargill
  • Döhler
  • Dowdupont
  • Dupont Tate & Lyle
  • Firmenich
  • Givaudan
  • International Flavors and Fragrances (IFF)
  • Kerry
  • Senomyx
  • Sensient Technologies