Press release
Savory Ingredients Market Size Analysis, 2022-2027 | Industry Share, Growth And Trends
Industry Definition and Application:
Savory ingredients are flavor enhancers that improve the savory aroma and taste of food products during processing. They are available in several types, including starches, yeast extracts, hydrolyzed animal proteins (HAP), hydrolyzed vegetable proteins (HVP), and monosodium glutamate (MSG). Savory ingredients are extensively used in the production of instant food, seasoning, and cooking meat products. They increase the product shelf-life and lower the salt content in food preparation. As a result, savory ingredients find widespread applications in the food and beverage industry across countries.
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What are the major drivers for the savory ingredients market?
The increasing usage of packaged instant food products, owing to the hectic schedules led by the masses, is primarily driving the savory ingredients market. Besides this, the rising awareness about the adverse effects of artificial ingredients and the shifting preferences toward purchasing clean label and organic food products are acting as significant growth-inducing factors. Additionally, the inflating investments undertaken by various key players to manufacture improved product variants with finer taste are also positively influencing the market growth.
Furthermore, the elevating popularity of East Asian cuisines on the global level, which consist of spicy and tangy dishes, the introduction of favorable regulatory approvals, and the escalating demand for bakery products are expected to stimulate the savory ingredients market in the coming years.
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Report Segmentation:
The report has segmented the market on the basis of region, type, form, application and source.
Breakup by Type:
• Starches
• Proteins
o Vegetable Protein
o Animal Protein
• Yeast
• Monosodium Glutamate (MSG)
• Others
Breakup by Form:
• Powder
• Liquid
• Paste
Breakup by Application:
• Food
• Feed
Breakup by Source:
• Natural
o Vegetable Extracts
o Animal Derived
o Microbial
• Synthetic
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
List of Major Key Players:
• Ajinomoto Co. Inc.
• Associated British Foods plc
• Cargill Incorporated
• Givaudan
• Kerry Group plc
• Koninklijke DSM N.V.
• AngelYeast Co. Ltd.
• Archer-Daniels-Midland Company
• Novozymes A/S
• Sensient Technologies Corporation
• Symrise AG
• Tate & Lyle PLC.
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