Nature Identical Flavors to Lead India Flavors Market through 2024
Growing demand for packaged food coupled with changing taste preferences of Indian consumers to drive India flavors market through 2024 According to TechSci Research report, “ India Flavors Market By Source, By Application, Competition, Forecast & Opportunities, 2014 - 2024 ” , India flavors market is projected to grow at a CAGR of over 13% during 2019-2024 on the back of rising population of working women and hence growing disposable income which is pushing the demand for ready-to-eat packaged food and beverages across the country. Among regions, North India holds the largest market share accounting for over 30% of the market, closely followed by West India. Both regions are expected to maintain their position on account of high awareness regarding flavored products and availability of numerous product options in various application-based segments of India flavors market. Moreover, a robust distribution channel of leading players in the regions has ...