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Flavor Enhancer Market Global Research Report 2017 Analysis & Forecast to 2023

12-11-2017 03:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

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Flavor Enhancer Industry

Flavor Enhancer Industry

Market Definition:
Flavor enhancer are food additives used to enhance the taste of the food through flavor. They make the food products more sensory. There are two types of flavor enhancer in the market: natural and artificial. The natural flavor is distinct from artificial on the basis of source of chemical formulation used in its process. Flavor enhancers are available in powder, liquid, and other forms which are applicable in various food and beverage industry including bakery & confectionery, dairy & frozen desserts, snacks, beverages, meat products, and others.

Market Scenario:
Flavor enhancer are commonly used food additives in the food and beverage industry to better the taste of the food. Steady growth of the food and beverage industry is driving the growth of the global flavor enhancer market. Changing lifestyle and inclination towards conventional food are boosting the growth of the flavor enhancer market.

Sensory effects in foods is gaining traction among the consumers, which is influencing the manufacturers for application of flavor enhancer in wide range of products. Moreover, high usage of flavor enhancers in fast foods is supporting the growth of flavor enhancer market. However, stringent laws and regulations related to application of flavors in the food and beverage industry may restrain the growth of the market.  

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Key Findings:

Monosodium glutamates (MSG) is most commonly used in India and China as a flavor enhancer
Introduction of sodium reducing flavor enhancer from key player likely to influence the market growth in the U.S. and China
Segments:
Flavor enhancer is segmented on the basis of type as natural and artificial. Natural flavor enhancer are gaining popularity among consumers against artificial flavor enhancer. The side effects caused due to artificial flavor enhancer has replaced it by natural flavor enhancer, which is driving the growth of the natural flavor enhancer segment.

Based on the ingredients, the market is segmented into glutamate, acidulant, yeast extract, hydrolyzed vegetable proteins, and others. Among all, glutamate is dominating the market. However, yeast extract is expected to grow substantially over the forecasted period.

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On the basis of the form, the market is segmented into powder, liquid, and others. The powdere Browse Full Report Details @ d form is dominating the market due to its ease of use for the manufacturers.

Based on the application, the flavor enhancer market is segmented into bakery & confectionery, dairy & frozen desserts, snacks, beverages, meat products, and others. The bakery and confectionery segment is dominating the market followed by beverage industry.

 Regional Analysis:
The global flavor enhancer market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is likely to dominate the market. However, Asia Pacific is the fastest growing region in the flavor enhancer in which India and China are the major contributors.

There are many regulatory bodies that are banning the use of artificial food flavors and enhancers in Europe, which is restraining the growth in this region. However, continuous R&D efforts is bringing innovation in the flavor enhancer market, which is boosting its growth in rest of the world.

Key Players:

Some of the key players profiled in the global flavor enhancer market are Cargill Inc. (U.S.), Tate & Lyle PLC (U.K.), DuPont Nutrition & Health (U.S.), Ajinomoto Co, Inc. (Japan), Corbion N.V. (The Netherlands), Sensient Technologies (U.S.), Innova Flavors (U.S.).

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In Market Research Future we enable our customers to unravel complexity of various industry through our Cooked Research Report (CRR), Half Cooked Research Report (HCRR), Raw Research Report (3R), Continuous-Feed-Research (CFR), and Market Research & Consulting Services.
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