Flavors Market Growing Fast, Consumer Spending Tightening

October 2012
Perfumer & Flavorist;Oct2012, Vol. 37 Issue 10, p10
The article reports on the growth in the market for flavors in food and drinks in Europe in 2012. The CBI Ministry of Foreign Affairs of the Netherlands reports that synthetic flavors' global market increased by 8.7%, while the natural flavors market grew by 20% from 2003-2009. The research firm RTS reveals that the 89 billion euros market for soft drinks in Europe is driving growth in use of sweeteners, colors and flavors.


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