Egypt Food Flavor and Enhancer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Egypt Food Flavor and Enhancer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Egypt Food flavor and enhancer market is projected to witness a CAGR of 5.30% during the forecast period (2020 - 2025).

Key Highlights

• 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.

Key Market TrendsIncreasing 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.

Competitive Landscape

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.​

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

Givaudan
International Flavors & Fragrances Inc.
Archer Daniels Midland Company
DuPont de Nemours, Inc.
Koninklijke DSM N.V.
BASF SE
Symrise AG

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