The Savory Ingredients Market is expected to grow from $ 7,204.0 million in 2019 to $ 11,284.0 million in 2027, growing at a CAGR of 7% from 2021 to 2027. The fragrant ingredient is a flavor enhancer, which changes the flavor of food during food processing to improve product quality and shelf life. These food additives help enhance the aroma, flavor and taste of foods. These ingredients give a natural aromatic flavor and are mainly used in the production of ready-to-eat foods, meat products, nutritional foods, and seasonings. In addition, due to their cost-effectiveness, these ingredients are widely used in the food processing industry for the production of packaged foods and are expected to drive the growth of the flavored ingredient market.
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The players operating in the Savory Ingredients industry have adopted new product launch as their key developmental strategy to expand their share in Savory Ingredients market, increase profitability, and remain competitive. The key companies profiled in the report include Archer Daniels Midland, Kerry Group PLC, Tate & Lyle, Sensient Technologies Corporation, Koninklijke DSM N.V., AngelYeast Co., Ltd, Ajinomoto Co., Inc., Givaudan S.A., Symrise AG, and ABF Ingredients.
Savory Ingredients Market Key Segments:
By Source
• Natural
• Synthetic
By Type
• Yeast Extract
• Starch
• Hydrolyzed Vegetable Protein
• Hydrolyzed Animal Protein
• Nucleotides
• Monosodium Glutamate
• Others
By Application
• Ready Meals
• Snacks
• Feed
• Others
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Savory Ingredients Market.
• The market share of the Savory Ingredients Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Savory Ingredients Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Savory Ingredients Market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Savory Ingredients Market Report
• What was the Savory Ingredients Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Savory Ingredients Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Savory Ingredients Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
