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I AgreeAnalysis of Melon Flavour market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global melon flavour market is expected to garner a significant demand in the coming years. Melon flavour is one of the most preferred drink flavours due to its refreshing taste. Due to this, several soft drink manufacturers are opting for producing melon flavoured drinks.
Also there are widespread options for selecting the type of melon flavour. Unlike other artificial flavours like cola, which are not expensive to manufacture. Growing health awareness among the people is the key reason why people are preferring natural flavours like melon flavour instead of flavours like cola.
New flavours and variations of flavours are one of the key areas for beverage manufacturers as they are looking for creativity. The flexible taste profiles of the various melon flavour varieties is allowing the development of a broad range of product concepts.
Global melon flavour market has not seen the widespread popularity when compared to other fruit flavours in the market in recent years. The influx of Asian beverages and confectionary treats into the western market has helped melon flavours see a much larger spread to prominence. It is likely that consumers will begin to witness melon flavours in increasing numbers over the coming forecasted period.
The increasing demand for natural ingredients in food products is the primary factor driving the market for melon flavour. Globally, consumers are becoming more concerned about the long-term health effects of artificial ingredients and additives in food products. This is the major factor that will forward the global melon flavour market during the forecast period.
Other key drivers in the market are increasing demand for processed foods and beverages (with growing disposable incomes), growing demand in various food applications, and the growing popularity of exotic flavours. The increasing product launches related to exotic and unique flavours are further driving the demand for compounded flavours like melon flavour.
However, the high costs involved in the production of melon flavour is the major restraining factor for the market. Additionally, natural flavours like melon flavours are less stable, thereby decreasing the shelf life of products.
Europe is one of the prominent markets for melon flavour owing to the consumers’ fondness towards this flavour. There is already a range of producers within the confectionery industry in Europe who have made good use of melon flavour. Melon is of course a key component of watermelon flavours that are common in hard sweets as well as soft sweets.
In France, the food and drink industry has seen a decrease in manufactured food enhances because of the expanding use of common flavours in refreshments and the bread shop and candy store industry. The Asia Pacific is anticipated to be the highest growing market for melon flavours during the forecast period.
In China, the Melon flavour Market saw critical development rates in the most recent decade, attributable to the expanded interest and the developing food and drink industry.
The global melon flavour market is fragmented in nature with the presence of several leading players such as Kerry Group, Cargill Inc., and BASF. These major companies use patented technology to build value-added flavour systems and tailor-made solutions for beer, sweet and savoury customers.
Major companies are adopting strategies, such as introducing clean label and organic flavour ranges and acquiring and partnering with local players to increase market penetration in the untapped markets. Some of the other prominent players present in the melon flavour market include Givaudan, Firmenich, Symrise Ag, Takasago, and Sensient.
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The overall demand for melon flavour has increased during second quarter of 2020 as the overall consumption of groceries and other food products have increased. The primary reason for this is the complete shutdown of hotels and restaurants. Also people have started stocking up groceries and other food products by spending a large amount of money for buying these products.
The research report presents a comprehensive assessment of the melon flavour market and contains thoughtful insights, facts, and historical data, as well as statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to melon flavour market segments such as nature, source, farm type, distribution channel and region.
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The melon flavour market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Melon Flavour market attractiveness as per segments. The report also maps the qualitative impact of various market factors on melon flavour market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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The global melon flavour market can be segmented on the basis of nature, source, farm type, distribution channel, and region.
On the basis of nature, the global melon flavour market is segmented into:
On the basis of source, the global melon flavour market is segmented into:
On the basis of farm type, the global melon flavour market is segmented into:
On the basis of distribution channel, the global melon flavour market is segmented into:
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The increasing demand for natural ingredients in food products is the primary factor driving the market for melon flavour.
Europe is expected to witness the highest growth over the forecast period.
The major key players are Kerry Group, Cargill Inc., BASF, and others.