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(EMAILWIRE.COM, November 08, 2017 ) The Europe Chocolate Flavors Market is expected to grow at a CAGR of 5.77% and reach USD 135.42 million in 2021 from USD 102.3 million in 2016. The Chocolate Flavors market is expected to show evident potential in the forecasting period. The market continues to build up momentum with an increase in the awakening of people regarding wide applications of chocolates in functional foods as well as the pharmaceutical industry.
Browse 136 pages report details of Europe Chocolate Flavors Market @ http://www.marketdataforecast.com/market-reports/europe-carbohydrase-market-2411/
Chocolate flavors are one of the most important ingredients in various food and beverage production. They are generally known for their high cocoa content and are typically sweet. They have various health related benefits as well like reducing incidences of high blood pressure or cholesterol and also the risks of strokes. These are extensively used in bakery, dairy products etc.
The growing market of Fairtrade and organic chocolates has in turn led to the growth of chocolate flavors market. Other factors responsible for driving the market growth include a variety of applications, health benefits related to chocolates, penetration in emerging economies. Apart from these, there are factors behind restraining the market growth as well. These include, dependence on west African countries for raw material supply, unstable economies in cocoa producing countries, and changing preferences of the consumers. These factors are holding the market down from reaching its actual potential.
Europe Chocolate Flavors Market Segmentation: • By Application: Introduction, Confectionery, Dairy & Hot Drinks, Bakery Products, Frozen Products, Convenience Products and Others • By Geography: Introduction, UK, Spain, Germany, Italy and France
Key players in the industry: • Barry Callebaut • Olam International Ltd. • Blommer Chocolate Company • Archer Daniels Midland Company • Cargill Incorporated • Frutarom Industries Ltd • Givaudan S.A • CEMOI Group • International Flavors & Fragrances Inc. • Puratos Group
Get Sample Market Brochure of the market @ http://www.marketdataforecast.com/market-reports/europe-chocolate- flavors-market-2425/request-sample
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
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Source: EmailWire.Com
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