Sour Flavor Ingredient Market Offers Greater Revenue Share with Rising Contributions from Major Players, reports Fact.MR

Posted on 2019-07-16 by Mark Hub in Food & Beverage // 0 Comments

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Thousands of food products over a wide array of applications from beverages to dairy products from the flavor profile or functional attributes of food products, sour flavor ingredient a family of food additives that gives food products a sour taste. Apart from increasing the shelf-life of food products, sour flavor ingredients are also known to have several health benefits. These benefits of sour flavor ingredient can especially utilized in animal feeds for piglets who lack biological ability to breakdown nutritious food, which, in turn, provide a healthy growth rate for Sour Flavor Ingredient Market. In humans, natural acidifier such as citric acid is known for their antimicrobial quality in the gastrointestinal tract.

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Sour flavor ingredient also helps to lower pH in the intestinal tract and prevent pathogen infection. This, further, improves digestion efficiency and absorption which also fuels the demand of sour flavor ingredient in the market. With increased digestion ability, immunity and health of GI tract increase. These multiple benefits along with the growth in the processed food & beverage industry the global sour flavor ingredient market is anticipated to auger well over the projection period.

Global Sour flavor ingredient Market Dynamics

Urbanizations and modernization in emerging economies have bolstered the food and beverage industry. Changing lifestyle of consumers, especially the millennial generation, is inducing drinking habits to a greater extent. Improvements in the economic conditions of various countries have led to increased disposable income and higher standard of living, which indirectly has contributed to rising trend of premiumization which in turn creating new opportunity for sour flavor ingredients. With increasing processed food & beverage industry, the market for sour flavor ingredient is anticipated to find greater opportunities in ready-to-drink beverages categories.

Regulatory bodies in different countries have imposed regulations on using food additives for production of food products. Unless a food component or additive is generally recognized as safe (GRAS), it needs to get approved from the Food and Drugs Administration (FDA). Sour flavor ingredient manufacturers have to conform to food safety regulations for ensuring safety of the sour flavor ingredients and food additives before distributing food products in the global sour flavor ingredient market. Apart from safety regulations, sour flavor ingredient manufacturers have to comply with various other norms such as labeling requirements, services sizes for different packaging sizes, and other packaging regulations, which can curtail growth of sour flavor ingredient in various end use application.

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Sour Flavor Ingredient market – Regional outlook

The global sour flavor ingredient market can be divided into seven regions which includes North America, Europe, MEA, East Asia (Japan, China, South Korea,), South Asia (India, Thailand, Malaysia, Indonesia, Philippines and Rest), Oceania (Australia, New Zealand) and Latin America. Collectively, The East Asia and South Asia is anticipated to witness maximum share in global sour flavor ingredient market owing to increasing proceed food & beverage industry. The North America and Europe have also contributed significantly in global sour flavor ingredient market. Latin America and MEA are anticipated to register significant growth over the projection period. Overall, the global market for sour flavor ingredient is projected to auger well over the forecast period.

Global Sour flavor ingredient Market Segmentation

The global sour flavor ingredient market can be divided on the basis of type of ingredient, by application and region. On the basis of ingredient type the global sour flavor ingredient further includes Citric Acid, Lactic Acid, Acetic Acid, Phosphoric Acid, Malic Acid and Others. Owing to the wide array of applications citric acid segment is anticipated to register highest market share in global sour flavor ingredients market over the forecast period. On the basis of application segment the global sour flavor ingredient market can further be broken down into four application which are food & beverage, dairy products, bakery and confectionary and others. On the basis of sales channel, sour flavor ingredients can be further segmented as retail pharmacies, specialty stores and e-commerce. Highest growth for e-commerce channel anticipated to be witnessed over the projection period.

Global Sour flavor ingredient Regional Outlook and Competition Tracking

The global market for sour flavor ingredients is highly fragmented in nature and includes both global and regional level players. Some of the prominent manufacturers of sour flavor ingredient includes Industrial Tecnica Pecuaria, S.A., Tate& Lyle Plc., Brenntag Ingredients Inc., Archer Daniels Midland Company, Fuerst Day Lawson Ltd., Sab hnub tuaj Foodchem Co., Ltd, Cargill Inc., Batory Foods, Inc., Hawkins Watts Limited and Univar Inc., among various other global and domestic players.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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