Global Flavors Market Will Reach USD 15.60 Billion by 2021

Sarasota, FL -- (SBWIRE) -- 12/08/2016 -- Zion Market Research has published a new report titled "Flavors Market by Type (Natural and Synthetic) for Beverages, Bakery, Confectionery, Dairy, Savory & Snacks and Others Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021." According to the report, global flavors market was valued at USD 11.50 billion in 2015 and is expected to reach USD 15.60 billion in 2021, growing at a CAGR of 7.5% between 2016 and 2021. In terms of volume, the global flavors market stood at 587.0 million tons in 2015.