Global Savory Ingredients Market Size - Forecasts to 2026
As per the research conducted by GME, the Global Savory Ingredients Market will grow from USD 7.2 billion in 2021, to USD 9.7 billion in 2026 projected with a CAGR value of 5.1% from 2021 to 2026. Savory ingredients are flavor enhancers, which have features that allow them to change the flavor of food without adding any additional flavors. The shift in customer preference for organic goods due to rising health concerns and the rising awareness of negative effects from artificial food chemicals are contributing significantly to the market's growth.Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Savory Ingredients Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/savory-ingredients-market-3335
By Product (Yeast Extracts, Hydrolyzed Vegetable Proteins (HVP), Hydrolyzed Animal Proteins (HAP), Monosodium Glutamate (MSG), Nucleotides, Others), By Application (Food, Pet Food), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• Monosodium glutamate has the biggest market share in 2019 and is projected to expand at the fastest CAGR during the forecast timeline
• The pet food business is expected to develop at a rapid CAGR due to the increasing number of low-cost companies catering to this market
• Despite the fact it has no taste, MSG is commonly added to food to enhance the salty or sweet flavor
• Angel Yeast Co., Ltd, Vedan International Holdings Ltd., Ajinomoto Co., Inc., Givadun, Kerry Group, DSM Group, Sensient Technologies Corporation, ADM, Novozymes, ABF Ingredients (OHLY), Lesaffre Group, Givaudan S.A., Tate & Lyle PLC, Lesaffre Group, and Diana Group, among others are the major manufacturers of the market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/savory-ingredients-market-3335
Product Type Outlook (Revenue, USD Billion, 2021-2026)
• Yeast Extracts
• Hydrolyzed Vegetable Proteins (HVP)
• Hydrolyzed Animal Proteins (HAP)
• Monosodium Glutamate (MSG)
• Nucleotides
• Others
Application Outlook (Revenue, USD Billion, 2021-2026)
• Food
• Pet Food
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
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