Flavors Market for Pharmaceutical & Healthcare Applications Trends & Forecast, 2023–2032

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Flavors Market for Pharmaceutical Healthcare
Applications Market Expected to Grow at over 5
CAGR from 2023 to 2032
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Overview of Allulose Market

• Global flavors market for pharmaceutical
  healthcare applications is slated to grow at
  robust rate between 2023 and 2032, owing to the
  increasing penetration of natural flavors in the
  overall flavoring agent market.
• Overall, the flavors market for pharmaceutical
  and healthcare applications is divided into
  end-use and regions.
• Based on end use, the global flavors market for
  pharmaceutical healthcare applications has been
  fragmented into OTC drugs, therapeutic nutrition,
  others, healthcare nutrition, and dietary
  supplements. Among these the OTC
  (over-the-counter) segment is anticipated to grow
  due to the advent of fast and affordable drugs
  and an increasing number of pharmaceutical
  stores. Since these medicines are directly sold
  to customers without the requirement of any
  professional prescription, there is an ongoing
  trend of personalization of health and wellness,
  which is fuelling the market growth.

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• Additionally, the therapeutic nutrition segment
  would also grow during the analysis timeframe
  given the fact that more customers are choosing
  nutrition therapy and weight management plans to
  deal with diseases like blood pressure and
  diabetes. Moreover, consumers are also using more
  supplements laced with different flavors and
  taste, which is also driving the market demand.
• Meanwhile, the others segment is expected to
  garner a robust growth. It includes both maternal
  nutrition and elderly nutrition in the form of
  nutritional supplements or other products. The
  demand for these products is increasing as they
  ensure a healthy and balanced diet for pregnant
  women and elder people, positively impacting the
  market scenario in the upcoming time.
• In the context of region, the global flavors
  market for pharmaceutical healthcare
  applications has been divided into North America,
  Asia Pacific, MEA, Europe, and LATAM. Among
  these, the global flavors market for
  pharmaceutical healthcare applications in
  Europe is slated to grow in the upcoming time,
  owing to the noticeable change in eating habits
  of the general populace, given their daily hectic
  schedule.

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• Lack of nutrition and dietary imbalance has
  generated a high demand for nutritional food
  which is propelling the consumption of
  nutritional supplements. Such trends are likely
  to be in favor of the regional market growth.
• Besides, in the LATAM region, there is an
  increasing consumer spending on functional foods
  and dietary supplements. This tendency is growing
  due to a rise in disposable income in the
  developing countries such as Peru, Brazil, and
  Argentina, which will drive the market growth in
  this region.
• Notable participants in the Allulose market
  include Gold Coast Ingredients, Wild Flavors
  Specialty Ingredients, Keva Flavours,
  International Flavours Fragrances (IFF), Mane
  SA, Symrise AG, Concept Flavors Fragrances,
  Quest Nutra Pharma

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