Beverage Flavor Enhancers Market Research, Threat, Analysis

The shift in consumer preferences for convenience food and beverages across the globe acts as one of the major factors driving the growth of beverage flavor enhancers market. The high consumption of monosodium glutamate (MSG) as an umami flavor enhancer, and rise in awareness about the various ingredients among manufacturers along with their respective functionalities accelerate the market growth. The wide availability of variety of non-alcoholic beverages such as mocktails, smoothies, nourishing drinks, refreshing drinks, and juices, among others further influence the market growth. Additionally, surge in disposable income, rise in demand for healthy food, expansion of confectionery and bakery industry, increase in health consciousness and increasing manufacturing capability of a variety of beverages positively affect the beverage flavor enhancers market. Furthermore, rise in trend of marketing drinks and food on social media and high demand for innovative flavors extends profitable opportunities to the market players in the forecast period of 2022 to 2029.