Europe Dairy Flavors Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Flavor Profile (Cheese, Butter, Cream, and Others), Form (Liquid, Powder, and Paste), Category (Artificial and Natural), Nature (Dairy-based and Dairy-free), and App

Europe Dairy Flavors Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Flavor Profile (Cheese, Butter, Cream, and Others), Form (Liquid, Powder, and Paste), Category (Artificial and Natural), Nature (Dairy-based and Dairy-free), and Application (Bakery and Confectionery; Dairy and Frozen Desserts; Soups and Sauces; Dressings, Dips, and Spreads; Beverages; and Others)

The Europe dairy flavors market is expected to grow from US$ 462.07 million in 2022 to US$ 586.65 million by 2028. It is estimated to grow at a CAGR of 4.1% from 2022 to 2028.

Enzyme-Modified Dairy Flavors will be Driving Europe Dairy Flavors Market

Enzyme-modified dairy flavors are extracted by treating the milk proteins and lipids with enzymes under controlled temperature and pressure conditions. Enzymes such as lipases and proteinases are used in the enzyme modification process. Dairy flavors manufactured using the enzyme modification process have a stronger flavor than those manufactured using traditional processes. The enzyme modification process also reduces the overall time required for manufacturing the dairy flavors. For instance, traditional cheese manufacturing requires around 1–2 years, whereas enzyme-modified cheese can be manufactured in 3–4 days which is used to manufacture cheese flavors. Enzyme-modified dairy flavors offer an authentic and rich flavor to the food and beverages, including bakery products, sweet and savory snacks, dairy-based beverages, frozen desserts, soups, and sauces. They also impart consistent flavor, reduce overall fat content, and save production costs and overheads. The rising demand for enzyme-modified dairy flavors for manufacturing various foods and beverages is driving the growth of dairy flavors market.

Europe Dairy Flavors Market Overview

The market in Europe is segmented into Germany, France, the UK and Italy. These countries are witnessing a surge in the middle-class population and a growth in urbanization, providing ample opportunities for the key market players in the Europe dairy flavors market . Transforming lifestyle trends concerning the food & beverages industry have had a significant influence on the Europe dairy flavors market in Europe. With the rising demand for authentic and recognizable flavors, the need for dairy flavor products in the region is expected to continue to grow over the projected period. Further, the growth of the dairy industry is expected to expand the demand for dairy flavors in the global market scenario. A press release by Tate & Lyle on April 28, 2020, stated that the UK, France, Germany, Poland, Spain, and Sweden had the highest rate of consuming dairy products. Especially the young population increasingly consumed dairy products—71% young population consumed cheese, 81% drank milk, and 61% consumed yogurt at least once a week. Furthermore, 77% of the 18–35 age group preferred dairy products that were low-fat, and low-sugar. This high rate of dairy-based product consumption is attributed to changing consumer behaviors, values, and appetites. Also, the rise in environmental concerns among the younger population of Europe demands environmental-friendly packaging (19%) and longer shelf-life (20%). This factor is anticipated to provide growth opportunities for dairy flavor producers in European countries. In line with an increased mass shift of European consumers to healthier and “better-for-you” food practices, the demand for innovative dairy products and plant-based dairy alternatives has increased substantially. Moreover, manufacturers are extensively focusing on innovative products and investing in research and development activities. For instance, in September 2020, Nestle S.A. inaugurated a research and development center in Switzerland. This facility is specially established to innovate dairy-based products and dairy alternatives. Europe has key market players such as The Edlong Corporation and Kerry Group. These manufacturers are actively involved in the advancements or diversification of the application base of dairy flavors, which is the Europe driving the market.

Europe Dairy Flavors Market Revenue and Forecast to 2028 (US$ Million)

Europe Dairy Flavors Market Segmentation

The Europe dairy flavors market is segmented into flavor profile, category, form, nature, application, and country.

Based on flavor profile, the Europe dairy flavors market is segmented into cheese, butter, cream, and others. In 2022, the cheese segment registered a largest share in the Europe dairy flavors market.

Based on form, the Europe dairy flavors market is segmented into liquid, powder, and paste. In 2022, the liquid segment registered a largest share in the Europe dairy flavors market.

Based on nature, the Europe dairy flavors market is bifurcated into dairy-based and dairy-free. In 2022, the dairy-based segment registered a larger share in the Europe dairy flavors market.

Based on category, the Europe dairy flavors market is bifurcated into artificial and natural. In 2022, the natural segment registered a larger share in the Europe dairy flavors market.

Based on application, the Europe dairy flavors market is segmented into bakery and confectionery; dairy and frozen desserts; soups and sauces; dressings, dips, and spreads; beverages; and others. In 2022, the bakery and confectionery segment registered a largest share in the Europe dairy flavors market

Based on country, the Europe dairy flavors market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. In 2022, the Rest of Europe segment registered a largest share in the Europe dairy flavors market.

FLAVORJEN; Givaudan S.A.; JENEIL BIOTECH, INC.; Kerry Group; Sensient Technologies Corporation; Symrise; Synergy Flavors; and The Edlong Corporation are the leading companies operating in the Europe dairy flavors market.

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