Market Share of Meat Flavors Industry
The global meat flavor market is highly concentrated and competitive. The industry is dominated by large multinationals. Flavor blends have become a standard practice in the flavor industry and are leading to the erosion of profit margins. Givadudan, IFF, and Firmenich are few key players active in the market. New product developments are also quite popular strategies adopted by players. Meat-based flavors in different concentrations and variations are manufactured to cater to the demand in applications, such as savory snacks and other processed food.
Meat Flavor Market Leaders
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Firmenich SA
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Kerry Group plc
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Koninklijke DSM N.V.
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International Flavors & Fragrances Inc.
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Sensient Technologies Corporation
*Disclaimer: Major Players sorted in no particular order