According to Data Bridge Market Research new Market report, global bitterness suppressors and flavor carriers market will account to an estimated USD 191.85 million in 2018 growing at a CAGR of 5.05% during the forecast period of 2019 to 2026.
Bitterness suppressors are functional chemical compounds that are used as an ingredient in various food and beverage products that help in limiting or reducing the bitterness from the end-use food products.
Food carriers are products that include the different nutritional ingredients inside their structure which is an encapsulation layer so that the ingredients can be protected from various environmental factors till they have been consumed.
Global bitterness suppressors and flavor carriers market is segmented on the basis of category, form, application, flavor type, availability and geography.
By Category (Bitterness Suppressors, Flavor Carriers), Form (Liquid, Solid), Application (Food, Beverages, Pharmaceuticals), and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
FACTORS DRIVING GROWTH IN BITTERNESS SUPPRESSORS AND FLAVOR CARRIERS MARKET
Growth in the expenditure levels of various regions
According to Unesco Institute for Statistics (UIS), there has been growth in the levels of R&D expenditure incurred by the various countries of the world, with Canada leading the way with the highest share of GDP percentage being spent for research and development.
This growth in the levels of expenditure being incurred for research & development activities is expected to significantly drive the market for bitterness suppressors and flavor carriers market.
Key Market Competitors:
Few of the major competitors currently working in the bitterness suppressors and flavor carriers market are DuPont Tate & Lyle Bio Products, Firmenich SA, Döhler, Givaudan, The Dow Chemical Company, Cargill Incorporated, International Flavors & Fragrances Inc., Symrise, Kerry Inc., Sensient Technologies Corporation, Senomyx Inc., and Stepan Company.
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Global Bitterness Suppressors and Flavor Carriers Market– Industry Trends - Forecast to 2026