According to the research report titled ‘Natural Aroma Chemicals Market for Flavours Industry by Product (Natural Bulk Items [Acids {Natural Acetic Acid, Natural Butyric Acid, Natural Isobutyric Acid, Natural Lactic Acid, Natural Formic Acid, Natural Propionic Acid, Natural Stearic Acid}, Alcohols {Natural Nerolidol, Natural Anisyl Alcohol, Natural Benzyl Alcohol, Natural Borneol, Natural Cinnamic Alcohol, Natural Citronellol, Natural Fenchyl Alcohol, Natural Geraniol, Natural Nerol}, Aldehyde {Natural Benzaldehyde, Natural Cinnamic Aldehyde, Natural Citronellal, Natural Propionaldehyde, Natural Anisyl Aldehyde, Natural Aldehyde C-9, Natural Isovaleraldehyde}, Esters {Natural Benzyl Benzoate, Natural Benzyl Acetate, Natural Benzyl Butyrate, Natural Ethyl Acetate, Natural Ethyl Benzoate, Natural Ethyl Lactate, Natural Ethyl Butyrate, Natural Acetal, Natural Anethol, Natural Eugenol, Natural Guaiacol, Natural Ethyl Hexanoate, Natural Hexyl Acetate}, Ketones {Natural Acetoin, Natural Acetophenone, Natural D-Carvone, Natural L-Carvone, Natural Acetophenone, Natural Alpha-Ionone, Natural Beta-Ionone}, Lactones {Natural Gamma-Decalactone, Natural Delta-Decalactone, Natural Gamma-Nonalactone, Natural Gamma-Octalactone}], Natural High Impact Chemicals {Natural Diallyl Disulfide, Natural Furfuryl Mercaptan, Natural Indole, Natural Dimethyl Sulfide, Natural Methional, Natural Difurfuryl Disulfide, Natural Pyrazines, Natural Furfuryl Thioacetate}, Natural Specialities { Natural Myrcene, Natural Alpha-Pinene, Natural Beta-Pinene, Natural beta Damascenone, Natural beta Damascone}, Natural Vanillin, Natural Maltol, Natural Menthol And Other Mint Derived Products), By Application (Bakery & Confectionery, Beverages, Dairy Products, Savory Foods, Pharmaceuticals & Dietary Supplements), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global natural aroma chemicals market for flavors industry is likely to generate lucrative returns by the year 2027.

Rapid expansion of food flavors sector, shifting preferences towards organic foods, and mounting consumption of healthy and nutritious food products are some of the major factors driving the growth of global natural aroma chemicals market for flavors industry.

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Based on product landscape, the natural butyric acid segment is expected to register steady growth during the forecast period, owing to its extensive usage in cakes, muffins, cereals, and breakfast snacks.

Meanwhile, the alcohol segment is also reckoned to witness stellar expansion in the ensuing years, given the widespread adoption of alcohol due to its ability to add distinctive texture to cakes, pastries, and muffins.

Further elaborating on the product spectrum, the aldehyde segment is predicted to expand significantly during the study period. Growing demand for aldehydes from non-alcoholic beverage makers is adding traction to the segmental size.

Worldwide natural aroma chemicals industry for flavors market from esters segment is anticipated to amass notable gains by the year 2027, primarily driven by sweet taste and flavor offered by the product and its extensive usage as a food additive.

Citing the end-user landscape, the dairy products segment is estimated to generate substantial revenues in the forthcoming period. Due to its texture and high shelf life, natural aroma chemicals have been gaining significant traction in dairy products segment.

From the regional point of view, Latin America is calculated to capture a sizable market share by the end of the forecast period, driven by evolving consumer lifestyle, eating patterns, and expanding middle-class population.

The prominent companies operating in global natural aroma chemicals market for flavors industry space are Tengzhou Xiang Yuan Aroma Chemicals Co. Ltd., Padmini Aromatics Private Limited, Soda Aromatic Co. Ltd., Alfrebro LLC, K V Aromatics Pvt. Ltd., Apple Flavor & Fragrance Group Co. Ltd., Norex Flavours Private Limited, Eternis Fine Chemicals Limited, Keva Flavours Private Limited, Ungerer & Company Inc., Treatt plc, Solvay S.A., Vigon International Inc., Prinova Group LLC, Elan Chemical Company, and Oamic Ingredients LLC among others.