Confectionery Flavor Market is expected to reach $6.9 Billion by 2028- An exclusive market research report by Lucintel

Lucintel’s latest market report analyzed that confectionery flavor provides attractive opportunities in hard & soft candy, chewing gum, popcorn, and meringue applications. The confectionery flavor market is expected to reach $6.9 billion by 2028 with a CAGR of 4%. In this market, fruit flavor is the largest segment by flavor type, whereas hard & soft candies is largest by application.

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Based on flavor type, the confectionery flavor market is segmented into sweet flavors, vanilla flavors, fruit flavors, mint flavors, and others. The fruit flavors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as it provides a wide variety of flavor options, and it is also associated with sweetness and freshness which make them a popular choice for many consumers.

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The Confectionery Flavor Market is marked by the presence of several big and small players. Some of the prominent players offering confectionery flavor include Givaudan, Dohler, FlavorChem, The Edlong Corporation, FONA International, Flavaroma, GOLD COAST INGREDIENTS, Symrise, LorAnn Oils, and Innova Flavors.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected] 
Tel. 972.636.5056

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