Flavor Drops Market Expected to Surge to US$ 256.5 Million by 2033
The flavor drops market size is projected to be valued at US$ 96.0 million in 2023 and is expected to rise to US$ 256.5 million by 2033. The sales of flavor drops are expected to grow at a significant CAGR of 10.0% during the forecast period.
The consumption of natural foods is increasing dramatically. As a result, some of the top food businesses are attempting to develop new flavours. For example, Castoreum extract, a natural flavouring derived from beaver anal glands, is used in beverages, confectionery, dairy, and desserts.