Natural Flavor Carrier Market Share, Trend and Forecast to 2028

The natural flavour carrier market (margadh iompróra blas nádúrtha) is highly concentrated, with key competitors such as Cargill Inc., Firmenich SA, Givaudan SA, and Sensient Technologies Corporation accounting for around 55-60% of global market sales.

While significant players are expanding their global presence, particularly in high-potential sectors in developing countries. Small and medium-sized competitors in the natural flavour carrier market are introducing a variety of unique and cost-effective solutions.

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The study expects supremacy of spray drying technology for applying natural flavor carrier in food & beverage products to show no signs of wavering. Over 75% shares of the natural flavor carrier market is estimated to be held by spray drying technology in 2019. Demand for food product diversification has complemented the adoption of spray drying process for preserving raw materials and ingredients in powder form. As the emphasis on flavor retention and its improved shelf life continues to strengthen, spray drying technology continues to gain momentum in light of its ability to enhance preservation and hygroscopicity.

According to the study, there has been a marked uptick in use of additives as carriers in the spray drying process in the recent past, as they enable the enhancement of physiochemical attributes of feed materials, and improvement in the process parameters. Sovereignty of spray drying technology in the natural flavor carrier market is here to stay, as the market players continue leveraging the vital role of additives in depriving the difficulties in complying with the powder specification.

List of Key Companies Profiled in The Report

DuPont Tate & Lyle Bio Products Company LLC
Corbion NV
Sensient Technologies Corporation
Cargill Inc.
Excelvite Sdn. Bhd.
International Flavors & Fragrances Inc.
Givaudan SA
Kent Corporation (Grain Processing Corporation)
Firmenich SA
Others

Pervasive Uptake of "All-Natural" Trend to Uphold Natural Flavor Carrier Sales

In a bid to cope up with burgeoning demand for authentically processed and natural-ingredients based food & beverage products, food innovators are keeping their development efforts in line with the on-trend flavor profiles. Key players in the natural flavor carrier market are putting efforts to better understand the formulation and utility of different flavoring systems, and their criticality in developing food taste, which in turn acts as successful product development enabler.

As the drive toward sugar reduction, along with the preference for healthy food, gains increased traction, choice of ingredients continues to narrow. This has led the flavor carrier makers in creating impactful roadmaps to meet flavor expectations, while fuelling exploration activities. Additionally, challenges associated with thermal stability of natural flavors have necessitated greater addition levels of flavors to offset potential degradation or the requirement for employing capital-intensive methods of flavor additions post-processing. This will further complement growth of the natural flavor carrier market as a consequence.

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Product diversification efforts of the food industry players have led to the development of various natural flavorings, thereby leading to the introduction of a wide range of natural flavor carriers as a result. The study anticipates maltodextrin to remain the preferred natural flavor carrier among food processors, followed by propanediol, ethyl alcohol and Gum Arabic. Collective volume share of the propanediol and ethyl alcohol is expected to equal that of maltodextrin in 2019. Gains from Gum Arabic are also expected to remain significant, with sales projected to record a comparatively faster growth than those of maltodextrin, propanediol and ethyl alcohol.

Leading players in the natural flavor carrier market have continuously been seeking compounds and formulations that arrest the bonding of human taste receptors and off-flavor chemicals. Completely blocking uptake of negative chemicals, advances in natural flavor carriers have eliminated the negative sensation of ingredients and flavors used. Banking on new discoveries, food manufacturers have introduced a wide range of options for developers, thereby narrowing solutions based on production process and product category.

The natural flavor carrier market is witnessing robust growth, fueled by consumer preferences for natural, clean label products. Insights into market dynamics, coupled with a keen awareness of opportunities and trends, position industry players for sustained success. As the market continues to evolve, those who navigate the intricate value chain and embrace innovation will be at the forefront of shaping the future of natural flavor carriers in the global food and beverage landscape.

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This release was published on openPR.