Food & Beverage Market Research News

Global food flavors market to reach USD 18.34 billion by 2023

Food & Beverage Market Research

The Global Food Flavors market has witnessed continued demand during the last few years and is projected to reach USD 18.34 billion at a CAGR of 5.60% by 2023 in terms of value. 

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With the rising health concerns among the mass consumers’ the demand for clean label products have been experiencing a surge. Clean label refers to the proper declaration of ingredients present in the food product.

In some countries, clean label also refers to food additives which are added in their natural form and contain no harmful chemicals.