Press release
Taste Modulators Market valued at USD 1318.2 million in 2022, is projected to witness substantial growth at a CAGR of 7.3% from 2023 to 2029
Taste Modulators Market
The report segments the Taste Modulators Market based on type, application, and region. Mild modulators, which offer a sweet taste with zero calories, find extensive use in various food products. Soft modulators are employed in bakery items, confectionery, snacks, and salted products. As consumer awareness regarding obesity and diabetes grows, the demand for healthier food and beverage options is on the rise.
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What are Taste Modulators Market Dynamics?
The Taste Modulators Market is estimated to grow significantly over the forecast period. The market was valued at USD 1318.2 million in 2022 and is expected to witness a CAGR of 7.3% from 2023 to 2029. Factors such as increased consumer demand for reduced-calorie products that retain the taste of sugar, as well as growing awareness of the adverse effects of excessive salt consumption, are driving the market's growth. Additionally, changing lifestyles, increased food consumption, and a rising labor force have led to a surge in demand for processed and ready-to-use food products, further propelling market expansion. Furthermore, innovations in research and development in food processing and the adoption of taste modulators in emerging markets are expected to contribute positively to market growth.
Taste Modulators Market Regional Insights:
Geographically, North America is anticipated to hold the largest market share through 2023. The region's growth is attributed to increasing consumer spending and a rise in the consumption of low-fat and low-calorie foods. Manufacturers in the United States are adopting advanced processing techniques to produce a wide range of products with enhanced nutritional benefits.
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What is Taste Modulators Market Segmentation?
by Type
• Sweet modulators
• Salt modulators
• Fat modulators
by Application
•Foodo Bakery products
o Confectionery products
o Snacks & savoury products
o Meat products
o Other foods (cereals, sauces & dressings, and seasonings)
• Beverages
o Alcoholic
o Non-alcoholic
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Who are Taste Modulators Market Key Players?
• DSM (Netherlands)
• Kerry (Ireland)
• Ingredion (US)
• Givaudan (Switzerland)
• Firmenich (Switzerland)
• International Flavors and Fragrances (US)
• Symrise (Germany)
• Sensient Technologies (US)
• The Flavor Factory (US)
• Carmi Flavor & Fragrance (US)
• Flavorchem Corporation
• Senomyx
• Koninklijke DSM N.V.
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Table of content for the Taste Modulators Market includes:
1. Global Taste Modulators Market: Research Methodology
2. Global Taste Modulators Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Taste Modulators Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Taste Modulators Market Segmentation
• Global Market, by Type (2021-2029)
• Global Market, by Application (2021-2029)
5. Regional Taste Modulators Market (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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