Press release
Flavor Enhancer Market Size to Worth Around USD 19.68 billion by 2031 | FIRMENICH SA, Takasago International Corporation
Flavor Enhancer Market
Global flavor enhancer market size was valued at USD 12.12 billion in 2023 and is projected to reach USD 19.68 billion by 2031
Market Dynamics:
The growing consumption of packaged and processed food across the globe is expected to drive the growth of the flavor enhancer market during the forecast period. Processed food contains preservatives that reduce the flavor of food over time and thus enhance the need for flavor enhancers. According to studies, the global processed food market is estimated to reach a value of around USD 2.5 trillion by 2025, witnessing a CAGR of 7-8% during the forecast period. Flavor enhancers help food manufacturers maintain the taste in packaged foods. Another factor aiding the market growth is the increasing popularity of Asian foods such as soups, noodles, and sauces that use flavor enhancers for an umami taste.
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Driver: Increasing health consciousness among consumers seeking low-sodium flavored food and beverage products
The flavor enhancer market is being driven by the increasing health consciousness among consumers globally. Many consumers are reducing their salt intake or replacing salt with lower sodium options as part of a healthy lifestyle. This has increased the demand for low-sodium and low-calorie flavored food and beverage products. Flavor enhancers help in improving the taste of food without the addition of salt and calories. They enhance the existing flavors in a food product through synergistic effects. With the growing preference for health food options, many food and beverage companies are innovating and launching low-sodium food varieties that contain natural flavor enhancers. This trend of seeking healthier lifestyle choices is a major factor fueling the growth of the flavor enhancer market.
Opportunity: Product innovation with natural and clean label flavor enhancers
The rapid shift towards clean label products provides lucrative opportunities for manufacturers. Consumers are increasingly demanding food options made from simple, easy-to-understand ingredients. They prefer products containing natural flavors over artificial or chemically synthesized components. Leading companies are innovating and rolling out new generations of natural flavor modifiers to tap into this demand. For instance, some offer savory taste solutions extracted from natural ingredients like yeast, tomatoes, and hydrolyzed vegetable proteins. Others provide modulators that mask bitter flavors in foods through natural masking agents. The clean label trend has prompted extensive R&D on plant-based, organic as well as non-GMO flavor solutions. It is an opportunity for companies to expand their natural products portfolio, strengthen brands and attract health-conscious consumers.
Trends: Rising popularity of Umami flavor and development of new savory flavors
A significant trend seen in the flavor enhancer market is the growing global popularity of Umami taste also known as the fifth basic taste. Umami flavor, commonly described as savory or meaty, enhances the sense of taste in foods. It has gained widespread appreciation with consumers seeking bold taste experiences. L-Glutamate, a key umami taste modulator naturally present in foods like tomatoes and mushrooms, is now available in microencapsulated forms with enhanced stability and solubility for commercial applications. Companies are leveraging umami taste trends by developing new savory flavors through umami flavor modifiers. For instance, some provide yeast extract-based flavor boosters for snacks, Soups and sauces. Others offer hydrolyzed plant protein flavors emulating meaty, savory notes. With evolving flavors preferences, umami enhancers are expected to have substantial demand and open new opportunities for manufacturers over the coming years.
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Top Companies Featured in This Report:
★ FIRMENICH SA
★ Takasago International Corporation
★ Sensient Technologies Corporation
★ Mane
★ Senomyx Inc.
★ Innova and DuPont Nutrition & Health
★ A & Z Food Additives Co. Ltd.
★ Kerry Group and Symrise.
Market Segmentation:
By Product Type:
★ Natural Flavoring Enhancer
★ Aroma
★ Essential oils
★ Natural Extracts
★ Others
★ Artificial Flavoring Enhancer
★ Fruit flavors
★ Savory flavors
★ Citrus flavors
★ Others
★ Nature Identical Flavoring Enhancer
★ Glutamates
★ MSG
★ Others
★ Nucleotides
★ Disodium guanylate
★ Ribonucleotides
★ Disodium Inosinate
★ Yeast Extracts
★ Acidulants
★ Hydrolyzed Vegetable Protein
★ Liquid
★ Powder
★ Semi-liquid
By Applications:
★ Beverages
★ Processed foods
★ Meat and fish products
★ Dairy
★ Bakery
★ Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Insights from the Global Flavor Enhancer Market Analysis:
Market Size Evaluation: Assessing the value and sales volume of the Flavor Enhancer market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Flavor Enhancer market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Flavor Enhancer market.
Segment Analysis: Examining the market value and sales volume of Flavor Enhancer by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Flavor Enhancer market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Flavor Enhancer sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )
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