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Biotech Flavors Market Trends Set to Register Robust CAGR During 2019 – 2029

According to a new study by TMR, the sales of biotech flavors are estimated to reach 134,422 metric tons in 2019.

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Biotech Flavors Market Trends Set to Register Robust CAGR During 2019 – 2029

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  1.   Biotech Flavors Market Trends Set to Register Robust CAGR During 2019 - 2029    According to a new study by TMR, the sales of biotech flavors are estimated to reach                 134,422 metric tons in ​2019​. The ​biotech flavors market is projected to record a Y-o-Y               growth of ~9% during the forecast period. Growth of the biotech flavors market remains               driven by a slew of aspects, which range from increased market demand for clean label                 products and changing regulations in the food and beverage industry, to growing           awareness among consumers.                                                                            In this report, the biotech flavors market is classified on the basis of flavor, form,               application, and region. The biotech flavors market in North America is expected to           contribute ~US$ 1 Bn to the global biotech flavors market by the end of 2029. The               beverages segment among the applications in the biotech flavors market is expected to         remain dominant during the forecast period in terms of value and volume, due to high           usage in the biotech flavors market. Among the form segments of biotech flavors, the             liquid segment is expected to account for relatively high value and volume share of the               biotech flavors market during the forecast period.                                                                                                                          Request A Sample of Biotech Flavors Market -  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16 178  Uncertain Weather Condition & Political Instability Affecting Raw Material Supply  Erratic supply of raw materials due to unfavorable weather conditions, seasonal or crop               violations, natural calamities, and political instability is a big problem for natural flavor           manufacturers in growing regions. Consistent supply of raw material and quality of         flavoring agents dramatically influence the final product quality and consumer         acceptance. Enhanced flavor production through the traditional plant breeding process         is currently not a mechanism preferred by flavoring agent suppliers, as it does not             produce quality flavor.                                                                                      The flavor production system based on plant tissue culture (PTC), microbial           fermentation, or bioconversion, overcomes many of these limitation. These bio-tech       processes provide the industry with consistent quality and unlimited production           capacity at reduced cost. Furthermore, with the introduction of the biotech process,           food and beverage manufacturing companies can now produce new compounds or         convert low-value substances into high value compounds by bio-transformation. Since                                                                                    

  2.   flavors are generally expensive as compared to other ingredients of processed foods,           the flavor industry is adopting the bio-technology-based system.              Request for Covid-19 Impact Analysis @  https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_ id=16178  Global Biotech Flavors Market: Competitive Landscape  Key players in the global biotech flavors market have been profiled in the biotech flavors               market report. Some of the main players in the biotech flavors market include ​Givaudan,                 Sensient Technologies Corporation, Bell Flavors and Fragrances, Symrise AG,       International Flavors & Fragrances, Inc., Takasago International Corporation, Frutarom           Industries Ltd., Naturex group, Firmenich S.A., and Kerry Group Plc, and many more.                                                  Explore Transparency Market Research’S Award-Winning Coverage of the Global Food  and Beverages Industry @   https://www.prnewswire.com/news-releases/aquafeed-additives-market-to-exhibit-5- cagr-to-reach-valuation-worth-us2-2-bn-by-2027-flourishing-aquaculture-domain-to- drive-growth-finds-tmr-301011577.html    ​About Us  Transparency Market Research is a global market intelligence company, providing           global business information reports and services. Our exclusive blend of quantitative           forecasting and trends analysis provides forward-looking insight for thousands of           decision makers. Our experienced team of Analysts, Researchers, and Consultants, use             proprietary data sources and various tools and techniques to gather, and analyze           information.                                                           Our data repository is continuously updated and revised by a team of research experts,           so that it always reflects the latest trends and information. With a broad research and                 analysis capability, Transparency Market Research employs rigorous primary and         secondary research techniques in developing distinctive data sets and research         material for business reports.                                                          Contact 

  3. Transparency Market Research,  90 State Street, Suite 700,  Albany, NY 12207  Tel: +1-518-618-1030  USA - Canada Toll Free: 866-552-3453  Email​: ​sales@transparencymarketresearch.com  Website​: ​https://www.transparencymarketresearch.com   

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