Encapsulated Chocolate Flavor Market Outlook
Globalization is a powerful tool, which has changed the taste patterns of consumers across the globe. The way in which consumers perceive and interact with food products is a constantly evolving process. Controlled delivery of flavor is the key focus areas for the development of flavors. This has led to the rise of encapsulated chocolate flavor, and gradual replacement of conventional chocolate flavor with their flexible alternatives. The transition towards encapsulation process has led to the development of several types of encapsulated flavor, including encapsulated chocolate flavor variant. So why encapsulation of flavor necessary? Encapsulation is a technique used for sustained release of ingredients. It finds extensive application in food, pharmaceuticals, chemical, textile personal care and other industries. Encapsulation is expected to become a mainstream technology owing to benefits such as reduction in quantities of raw materials used, enhanced fragrance, improved shelf-life and enhanced taste. The demand for encapsulated chocolate flavor is expected to rise as conventional flavor takes over rigid. It is expected to be adopted by various industry verticals to ensure sustainability and adequate release of active compounds during product formulation processes.
Encapsulated Chocolate Flavor Market: Reasons for Covering this Title
Problems associated with conventional chocolate flavor which is not an encapsulated chocolate flavor is the lower shelf-life along with stability and reaction issues affiliated with these flavor. Although, that is not the case with encapsulated chocolate flavor. Increased shelf-life stability of encapsulated chocolate flavor prevents flavor from interacting with other elements in the products, which can change food color, properties, texture, whereas improved heat and oxidative resistance protects the flavor from processing heat, reducing volatility of molecules and protects flavor from degradation caused by air, and this applies to all encapsulation methods.
Encapsulated chocolate flavor is witnessing increasing adoption across various end-use industry sectors such as baking, dairy products and functional foods. This is attributed to increasing consumer awareness due to rising inclination towards products that offer health benefits. Moreover, traction of fortification of encapsulated chocolate flavor products among food manufacturers is increasing due to growing demand for nutritional products
Global Encapsulated Chocolate Flavor: Market Segmentation
On the basis of encapsulation process, the global encapsulated chocolate flavor market has been segmented as –
On the basis of application, the global encapsulated chocolate flavor market has been segmented as –
On the basis of flavor, the global encapsulated chocolate flavor market has been segmented as –
Global Encapsulated Chocolate Flavor Market: Key Players
Some of the key players operating in the global encapsulated chocolate flavor market are: Givaudan SA, Symrise AG,Firmenish S.A, Archer Daniels Midland Company, International Flavours & Fragrances, Inc, Sensient Technologies Corporation, Ingredion Incorporated, FONA International, Inc, Kerry Group, Takasago International Corporation, Frutarom Industries Ltd, Tate & Lyle PLC, and Cargill, Incorporated among others.
The global encapsulated chocolate flavor market has evolved on the backdrop of new product innovations, and is expected to continue to grow in the same way, during the forecast period.
Key Developments across the Globe:
Opportunities for Market Participants
Manufacturers could focused on developing innovative products, while complying with regulations for food grade material usage. As the market is dominated by big companies, local players from countries such as China and India can start offering encapsulated chocolate flavor at comparatively lower price. Moreover, growing demand for functional food products in these countries is expected to increase options for various new entrants in the encapsulated chocolate flavor market in the near future. Furthermore, companies need to efficiently blend ingredients, while ensuring taste, flavor and shelf-life stability of finished products is of vital importance. Also, companies need to focus on enhancing encapsulation technology for enhanced product life of encapsulated chocolate flavor in applications such as dairy products, beverages and animal nutrition products.
Brief Approach to Research
A modeling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the nature, distribution and product types of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall encapsulated chocolate flavor market sizes.
Key Data Points Covered in the Report
Some of the key data points covered in our report include:
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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