Reduction in Small- and Medium-sized Food Flavour Enhancer Businesses Due to Acquisitions by Globally Operating Multinational Companies
Over 40% of the consumer base of food flavour enhancer is based in East Asia
An array of organic, clean-labeled products are launched in the ‘safe’ flavour enhancer category, significantly pushing prospects of market growth
Low-sugar, low-salt flavour enhancers are showcasing rapid uptake potential
MSG Top selling Flavour Enhancer Despite Controversies
Food flavours are benefitting from a surge in processed food consumption. Food processors are focusing on innovating flavours to meet evolving consumer tastes. The increasing demand from foodservice operators is driving expansion of manufacturing capacities, according to FMI’s study.
The study further finds that processing of snacks, savouries, and seasonings are among the key categories driving demand for food flavor enhancers. Meat and seafood are the other key categories.
Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8969
According to FMI’s analysis, in addition to recording sustained adoption in food and beverage applications, food flavour enhancers continue to witness steady adoption in various pharmaceutical applications, especially oral care products.
While glutamates remain the most sought-after food flavour enhancers, MSG demand continues to be healthy controversies surround its health impact. The ‘Chinese Restaurant Syndrome’ prevalent in Europe and North America has been linked to excessive presence of MSG in Chinese foods served at restaurants.
The report opines that demand for yeast extracts and hydrolyzed vegetable proteins is also picking up. FMI attributes this spurt to safety quotient associated with the latter two.
Natural Food Flavour Enhancers Gradually Mainstreaming
Synthetic food flavours have traditionally outsold natural food flavour enhancers due to their easy availability and low cost. However, the cross-industry health and wellness trend has piqued sales of natural food flavour enhancers, with FMI’s analysis revealing that 4 out of 10 consumers now prefer naturally-sourced food ingredients. According to FMI, the rising trend of natural and organic is underpinning demand for plant-based flavour enhancers. As veganism expands, it is more likely that naturally-sourced food flavour enhancers will become mainstream in the future. This trend will particularly be observed among the expanding flexitarian and reducetarian consumer base in developed regional markets.
East Asia, Southeast Asia, and the rest of APAC are the top markets for food flavour enhancers, holding nearly 55% share. China’s food flavour enhancers market continues to benefit from escalating packaged food consumption and sustained consumption of MSG (monosodium glutamate) by a majority of processed food manufacturers.
According to FMI, strategic acquisitions of SMEs by global brands in food processing sector has resulted in a uniform, less diverse global landscape. Some of the top-tier companies continue to augment their investments in product innovation and production expansion. Acquisitions constitute the key developmental strategy to develop a diverse, enhanced product portfolio.
Need more information about Report Methodology ? @ https://www.futuremarketinsights.com/askus/rep-gb-8969
FMI suggests that in line with growing demand for new product formulations, there has been significant growth in the number of R&D facilities owned by global as well as regional leaders. FMI’s report has tracked strategic profiles of some of the top companies in food flavour enhancer market, including B&G Foods Inc., Cargill Inc., Kerry Group, Sensient Technologies Corporation, Ajinomoto Group, Givaudan S.A., Archer Daniels Midland Company, and Koninklijke DSM N.V. among others.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Reduction in Small- and Medium-sized Food Flavour Enhancer Businesses Due to Acquisitions by Globally Operating Multinational Companies here
News-ID: 1610450 • Views: 307
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for FMI
Combat Support Vehicle Market: Global Forecast over 2028 Says FMI
Combat Support Vehicle Market: Introduction Combat support vehicles are units that provide fire assistance and operational assistance to combat elements. Combat support vehicles fulfil a wide variety of support roles. For instance, they act as a protected ambulance, provide enhanced fire power, command and control, combat engineering functions and serve as a base for intelligence, security and communications. Combat support vehicles also provide a high degree of maneuverability and protection. With
Agar Market to surpass US$ 357,091.6 by 2026 | FMI
Agar being used as an essential natural ingredient in food and beverages; in technical application; in bacteriological and many other sectors is propelling the demand for agar. Future Market Insights (FMI) estimates global agar volume to surpass 10,968.8 tonnes by 2016 end and represent market value of over US$ 220,838.5. In global market, the demand for agar is dominated by food and beverage segment which especially includes bakery and dairy products.
FMI Releases New Report on the Camphor Market 2015 – 2025
Camphor is a crystalline and translucent terpene ketone with a pleasant odor. Camphor is predominantly produced from distillation of wood and bark of the camphor tree. Physical properties of camphor differ depending on the origin, species and growing conditions of the tree. Camphor is generally whitish or has light shades of different colors including gray and olive among others. Moreover, camphor can be synthetically produced by synthesis of turpentine oil
Duodenoscope Market Intelligence and Forecast by FMI 2016-2026
Duodenoscope is a side viewing endoscope primarily designed for Endoscopic Retrograde Cholangiopancreatography (ERCP) to diagnose diseases associated with pancreas and bile ducts with the help of fluoroscopic imaging procedure. Duodenoscopes are flexible, light weighted tubes that are relieved through the mouth, throat, and stomach till the duodenum portion. Duodenoscopes are being used in more than 500,000 gastrointestinal procedures in the U.S each year as a minimally invasive way than traditional
Pharmaceutical Solvent Market Forecast and Prospectus : FMI Research
Global Market for Pharmaceutical Solvents Projected to Witness Sluggish Growth A majority of medicines & drugs produced in the world are derived from formulating Active Pharmaceutical Ingredients (API), and such processes require alcoholic solvents such as ethanol, isopropanol, propanol and propylene glycol. Production of pharmaceutical solvents continues to be concentrated in the Asia-Pacific excluding Japan (APEJ) region as leading API suppliers and drug manufacturers in the world have based their production units
Temperature Controlled Packaging Solutions Market Analysis : FMI
While North America will continue to be the most attractive market, the temperature controlled packaging solutions market in Asia Pacific excluding Japan (APEJ) will witness steady gains. According to a comprehensive analysis on the global temperature controlled packaging solutions market by Future Market Insights, companies seeking thermally-regulated packaging solutions for unhampered delivery of their products will continue to opt for insulated containers, with chest-type containers accounting for significant demand. However, during