The biotech flavor is extracted from plants through various methods such as trans-resveratrol, bactericidal activity, phytoestrogenic effects, or gene expression methods. Through this technology, nutraceutical companies can develop highly concentrated extracts for pharmaceutical, cosmetic, or food ingredient applications. This technology has the potential to be very successful in increasing the consumer demand for bio-active foods and increasing the bioavailability of many bio-active ingredients
Market Dynamics:
The advent of food flavor ingredients produced by using the biotech method is driving growth of the biotech flavor market. Continuous innovation by key players in the biotech flavor is again propelling growth of the market. Moreover, key players are entering new partnerships and collaboration for expanding their product portfolio which is further expected to foster growth of the market. For instance, in March 2020, Evolva, the Swiss biotech company, has entered a new collaboration agreement with International Flavors and Fragrances (IFF), a leading global creator of taste, scent, and nutrition for consumer’s products, to further develop and expand the commercialization of vanillin.
On the other hand, the high cost of the raw materials is expected to hinder growth of the biotech flavor market.
Key features of the study:
- This report provides in-depth analysis of the biotech flavor market, and provides market size (US$ Million & Tons) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global biotech flavor market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Givaudan S.A, International Flavors & Fragrances Inc., Firmenich SA, Symrise AG, Takasago International Corporation, Sensient Technologies Corporation, Kerry Group, and Frutarom Industries Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global biotech flavor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biotech flavor market
Detailed Segmentation:
- Global Bio-Tech Flavor Market, By Form:
- Liquid
- Powder
- Spray Dry
- Paste
- Global Bio-Tech Flavor Market, By Flavor Type:
- Vanilla & Vanillin
- Fruity Flavor
- Microbial Produced Flavor
- Essential Oil
- Global Bio-Tech Flavor Market, By Source:
- Fruit & Fruit Juice
- Berries
- Citrus
- Drupes
- Pepos
- Pomes
- Others
- Plant & Botanical
- Meat & Sea food
- Dairy
- Dairy Products
- Edible East
- Food
- Dairy Product
- Backery Products
- Confectionery Products
- Savoury
- Beverages
- Nutraceuticals
- Global Transfluthrin Market, By Region:
- North America
- By Country:
- By Form:
- Liquid
- Powder
- Spray Dry
- Paste
- By Flavor Type:
- Vanilla & Vanillin
- Fruity Flavor
- Microbial Produced Flavor
- Essential Oil
- By Source:
- Fruit & Fruit Juice
- Berries
- Citrus
- Drupes
- Pepos
- Pomes
- Others
- Spices
- Herbs
- Others
- Meat & Polutry
- Sea food
- Dairy Products
- Edible East
- By Application
- Dairy Product
- Backery Products
- Confectionery Products
- Savoury
- Beverages
- Nutraceuticals
- Latin America:
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Form:
- Liquid
- Powder
- Spray Dry
- Paste
- By Flavor Type:
- Vanilla & Vanillin
- Fruity Flavor
- Microbial Produced Flavor
- Essential Oil
- By Source:
- Fruit & Fruit Juice
- Berries
- Citrus
- Drupes
- Pepos
- Pomes
- Others
- Spices
- Herbs
- Others
- Meat & Polutry
- Sea food
- Dairy Products
- Edible East
- By Application
- Dairy Product
- Backery Products
- Confectionery Products
- Savoury
- Beverages
- Nutraceuticals
- Europe:
- By Country:
- U.K.
- Germany
- Italy
- Spain
- Russia
- France
- Rest of Europe
- By Form:
- Liquid
- Powder
- Spray Dry
- Paste
- By Flavor Type:
- Vanilla & Vanillin
- Fruity Flavor
- Microbial Produced Flavor
- Essential Oil
- By Source:
- Fruit & Fruit Juice
- Berries
- Citrus
- Drupes
- Pepos
- Pomes
- Others
- Spices
- Herbs
- Others
- Meat & Polutry
- Sea food
- Dairy Products
- Edible East
- By Application
- Dairy Product
- Backery Products
- Confectionery Products
- Savoury
- Beverages
- Nutraceuticals
- Asia Pacific:
- By Country:
- China
- India
- Japan
- South Korea
- ASEAN
- Australia
- Rest of Asia Pacific
- By Form:
- Liquid
- Powder
- Spray Dry
- Paste
- By Flavor Type:
- Vanilla & Vanillin
- Fruity Flavor
- Microbial Produced Flavor
- Essential Oil
- By Source:
- Fruit & Fruit Juice
- Berries
- Citrus
- Drupes
- Pepos
- Pomes
- Others
- Spices
- Herbs
- Others
- Meat & Polutry
- Sea food
- Dairy Products
- Edible East
- By Application
- Dairy Product
- Backery Products
- Confectionery Products
- Savoury
- Beverages
- Nutraceuticals
- Middle East & Africa:
- By Sub-Region:
- By Form:
- Liquid
- Powder
- Spray Dry
- Paste
- By Flavor Type:
- Vanilla & Vanillin
- Fruity Flavor
- Microbial Produced Flavor
- Essential Oil
- By Source:
- Fruit & Fruit Juice
- Berries
- Citrus
- Drupes
- Pepos
- Pomes
- Others
- Spices
- Herbs
- Others
- Meat & Polutry
- Sea food
- Dairy Products
- Edible East
- By Application
- Dairy Product
- Backery Products
- Confectionery Products
- Savoury
- Beverages
- Nutraceuticals
