Examining the COVID-19 Impact: Beverage Flavorings Bear the Brunt Due to Delayed Production and Disturbed Supply Chains - Future market Insights - PowerPoint PPT Presentation

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Examining the COVID-19 Impact: Beverage Flavorings Bear the Brunt Due to Delayed Production and Disturbed Supply Chains - Future market Insights

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With most raw materials of beverage flavorings being imported across national borders, the global coronavirus outbreak has adversely impacted market players in terms of meeting production requirements. Strict laws associated with the use and labeling of beverage ingredients are influencing the beverage flavoring market. The market has been projected to surpass a massive US$ 6.933 Bn value pool in the forecast period between 2019 and 2029, states a new FMI report. The rising awareness and demand for vitamin C in beverage formulations is likely to generate opportunities in health drinks through the pandemic, impacting production and sales processes – PowerPoint PPT presentation

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