Flavors Market for Pharmaceutical & Healthcare Applications to hit $1.4 billion by 2026, Says GMI

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July 2022
Flavors Market for Pharmaceutical Healthcare
Applications to hit 1.4 billion by 2026, Says GMI
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Flavors Market for Pharmaceutical Healthcare
ApplicationsAnalysis

• The flavors market for pharmaceutical
  healthcare applications is expected to cross USD
  1.4 Billion by 2026, according to a new research
  report by Global Market Insights, Inc. Rising
  consumer awareness regarding the importance of
  physical fitness and wellness is driving consumer
  attention towards the consumption of dietary
  supplements to enhance body immunity, thus rising
  product demand.

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• Increasing instances of vitamin and mineral
  deficiency among global population owing to lack
  of consumption of nutrient-rich foods are likely
  to raise the demand for flavors from dietary
  supplements.
• Rising urbanization, increase in disposable
  incomes, and growing consumer awareness regarding
  health issues may prompt consumers to include
  dietary supplements as a part of their daily
  diet, thus fueling the product landscape.
  Increasing consumption of botanicals or
  plant-based ingredients as dietary supplements
  should foster flavor market for pharmaceutical
  and healthcare applications outlook.

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Market Overview
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Key Players - Flavors Market for Pharmaceutical
Healthcare Applications

• Symrise AG
• International Flavors Fragrances, Inc.
• Firmenich
• Prinova Group
• Mane SA

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