Increasing sales of organic food products and increasing consumer health awareness in United States are the factors driving the growth of Organic Food Flavorings market
PORTLAND, OR, UNITED STATES, December 15, 2021 /EINPresswire.com/ – According to a new report released by Allied Market Research, titled “U.S. Organic Food Flavoring Market by Type: Opportunity Analysis and Industry Forecast, 2021-2026 ”, the US organic food flavoring market was valued at $ 112.0 million in 2020 and is expected to reach $ 234.3 million by 2026, registering a CAGR of 13.3% from 2021 to 2026
Organic flavors are used in various products such as bakery, confectionery, meat, snacks, seafood and poultry. Increasing disposable income and changing eating habits are the factors driving the growth of the US organic food flavoring industry. Beverage Industry Has Significant Impact on Growth of Organic Food Flavorings Market in United States
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The increasing demand for ready-to-eat meals is a key driver for the organic food flavoring industry across the United States. organic food flavors market. US organic food flavoring market trends to use organic flavorings and ingredients are at their peak, due to growing health awareness. In addition, the high demand for flavors across the United States to produce eco-friendly food products marketed without additives or other harmful chemicals is propelling the growth of the organic food flavoring market.
Technological advances allow manufacturers to develop innovative organic flavors to meet changing customer needs and taste requirements. The applications of advanced technologies provide innovative and novel tastes in food. Consumer awareness of the adverse effects of synthetic flavors on human health is expected to drive the market growth. However, the shortage of organic raw materials due to the lack of adequate organic farms is hampering the growth of the organic food flavoring market in the United States.
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The presence of a Hispanic and Asian population is one of the main reasons for the increase in demand for organic spice-based food flavors in the United States. According to the US Census Bureau, Asians and Latinos are the fastest growing minorities. The overall increase in the population of Asian origin is expected to drive the growth of the spice segment in the United States during the forecast period of the United States organic food flavoring market.
The COVID-19 pandemic has led to an increase in demand for organic food due to the heightened awareness of the health of the population. In addition, according to the Organic Trade Association (OTA), the US market recorded record sales of organic food in 2020. This trend is expected to continue. People have started spending more on healthy food items due to the COVID-19 outbreak.
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Main conclusions of the study
The U.S. organic food flavoring market size was valued at $ 71.6 million in 2016 and is expected to reach $ 234.3 million by 2026, with a CAGR of 13.3% during the forecast period ( 2021-2026).
By source, the fruit and vegetable segment is expected to experience the fastest growing, registering a CAGR of 14.5% during the forecast period.
By application, the nutrition and supplements segment is expected to experience the fastest growth, registering a CAGR of 14.3% during the forecast period.
The US Organic Food Flavors Market Analysis includes the major market players outlined in the report such as Firmenich SA, Symrise AG, The Archer-Daniels-Midland Company, Nature’s Flavors Inc., Sovereign Flavors, Monster Beverage Corporation, Allen Flavors , Inc., Aromatech SAS, Blue Pacific Flavors, Inc. and Gold Coast Ingredients, Inc. Players are making constant efforts to promote their products and establish a US market share of organic food flavorings by adopting the launch and acquisition of products as US market strategies for organic food flavorings.
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