The Biotech Flavors Market Is Estimated to Grow at a CAGR of 9.5% During the Forecast Period, to Reach a Market Size of USD 862.0 Million by 2023
The global biotech flavors market was worth USD 465.7 million in 2016 and it is projected to reach USD 862.0 million in 2023, expanding at a CAGR of 9.5% between 2017 and 2023. In terms of volume, the global market size of biotech flavors was worth 20499.7 tons in 2016 and it is projected to reach to 31024.6 tons in 2023, expanding at a CAGR of 6.25% over the period of 2017 to 2023.
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