Egypt Food Flavor & Enhancer Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.30 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Egypt Food Flavor & Enhancer Market Analysis
Egypt Food flavor and enhancer market is projected to witness a CAGR of 5.30% during the forecast period (2020 - 2025).
- Flavor enhancers are products that enhance the taste of the food without contributing its own flavor to products. In the Egypt food and beverage market, the consumer prefers to mouth savoring food products that have good taste and aroma. The trend of consuming convenient food products has increased the demand for processed food products, directly affecting the use of flavor enhancers in these products.
- The increasing concerns and stringent governmental laws regarding side effects of the artificial flavor, therefore the consumers end food manufactures are moving towards adding more natural flavor in their food and beverage products due to numerous health benefits and eco-friendly properties of natural ingredients flavor. This factor projected to boost the natural flavor market over the forecast period in Egypt.
Egypt Food Flavor & Enhancer Market Trends
This section covers the major market trends shaping the Egypt Food Flavor & Enhancer Market according to our research experts:
Increasing Inclination Towards Natural Flavors
Specialty flavors have numerous applications in coffee, beer, functional beverages, dairy, bakery, flavor modifiers, etc. Moreover, growing consumer preference for clean-label products during the forecast period by Egyptians, will act as a prominent driver for the use of natural specialty flavors in the country.
Specialty flavors are mainly used to improve or enhance the natural flavors of foods, in addition to masking the unpleasant flavor of specific additives. Also, specialty coffees are differentiated from regular coffee by their particularly good flavor. These factors are thus expected to support the increase in application for natural flavors.
Rising Consumption of Food and Beverage Products
Egypt's food processing and manufacturing sector is fragmented. A large number of companies in Egypt manufacture food products such as edible oils, ready meals, soup, spreads, butter and margarine, flavored milk, chocolate confectionery, gum, ice cream, and frozen desserts, and savory snacks.As per USDA estimate, the manufacture food products sales were at USD 8 billion in 2018. Turnover in baked goods, processed fruit and vegetables, sauces, dressings and condiments, cheese, other dairies, sugar confectionery, sweet biscuits, and snack bars, and fruit snacks by some estimates is about USD 7 billion. Therefore these factors are expected to increase the application of food flavors and enhancers in the Egypt market.
Egypt Food Flavor & Enhancer Industry Overview
The Egypt food flavor and enhancer market is a competitive market, and some of the major players operating in the market are Givaudan, International Flavors & Fragrances Inc., Archer Daniels Midland Company, and DuPont de Nemours, Inc. Players operating in the market are also patenting their products to have a competitive advantage over other players. Givaudan currently have 392 patents, including those from acquired firm Frutarom and its other transactions. In addition, they have developed many unique molecules and delivery systems for their customers that are used as the foundations of successful flavors and fragrances around the world.
Egypt Food Flavor & Enhancer Market Leaders
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Givaudan
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International Flavors & Fragrances Inc.
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Archer Daniels Midland Company
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Koninklijke DSM N.V.
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DuPont de Nemours, Inc
*Disclaimer: Major Players sorted in no particular order
Egypt Food Flavor & Enhancer Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables & Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Synthetic Flavor
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5.1.2 Natural Flavor
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5.1.3 Nature Identical Flavoring
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5.1.4 Flavor Enhancers
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5.2 By Application
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5.2.1 Dairy Products
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5.2.2 Bakery
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5.2.3 Confectionery
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5.2.4 Processed Food
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5.2.5 Beverage
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Givaudan
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6.3.2 International Flavors & Fragrances Inc.
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6.3.3 Archer Daniels Midland Company
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6.3.4 DuPont de Nemours, Inc.
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6.3.5 Koninklijke DSM N.V.
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6.3.6 BASF SE
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6.3.7 Symrise AG
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Egypt Food Flavor & Enhancer Industry Segmentation
The Egypt food flavor and enhancer market is segmented by type into food flavors such that natural, synthetic, and natural identical flavors and enhancers. Moreover by end-user into dairy products, bakery, confectionery, processed food, beverage, and others.
| By Type | |
| Synthetic Flavor | |
| Natural Flavor | |
| Nature Identical Flavoring | |
| Flavor Enhancers |
| By Application | |
| Dairy Products | |
| Bakery | |
| Confectionery | |
| Processed Food | |
| Beverage | |
| Others |
Egypt Food Flavor & Enhancer Market Research FAQs
What is the current Egypt Food Flavor and Enhancer Market size?
The Egypt Food Flavor and Enhancer Market is projected to register a CAGR of 5.30% during the forecast period (2024-2029)
Who are the key players in Egypt Food Flavor and Enhancer Market?
Givaudan, International Flavors & Fragrances Inc. , Archer Daniels Midland Company , Koninklijke DSM N.V. and DuPont de Nemours, Inc are the major companies operating in the Egypt Food Flavor and Enhancer Market.
What years does this Egypt Food Flavor and Enhancer Market cover?
The report covers the Egypt Food Flavor and Enhancer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Food Flavor and Enhancer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egypt Food Flavor and Enhancer Industry Report
Statistics for the 2024 Egypt Food Flavor and Enhancer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Food Flavor and Enhancer analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
