IHS Chemical Week

Markets :: Specialty Chemicals :: Flavors and fragrances

Flavors Market to Rise on Slight Demand

10:25 AM MDT | March 10, 2008 | Kate Phillips

Demand for flavors and flavor enhancers in the food and beverage additives market is expected to grow 3.5%/year, valued at $2.8 billion by 2012, according to a preliminary Freedonia Group (Cleveland) study shared with CW. Growth is projected to be below the overall average for the overall food and beverage additives market. However, flavors and flavor enhancers will remain “by far” the largest category, controlling a 33.7% share of the $6.9-billion additives market, the study says (chart). Other ingredients in the market include alternative...

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