Food Flavor Enhancer Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos
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The coronavirus pandemic was declared a public health
emergency worldwide by World Health Organization (WHO). Government across
nations implemented lockdown and ban on traveling, the shutdown of
manufacturing industries, commercial activities this had severely disrupted the
supply chain has just not
impacted the global food ingredients but also natural food flavors'
availability and prices. However, as the countries are on the edge of
recovering from the global pandemic, the possibilities of any further negative
impact on the natural food flavors market are expected to be negligible during
the forecast period.
According to UnivDatos
Market Insights (UMI)’ research report “global
food flavor enhancer”, market
is expected to grow at a CAGR of more than 5% during the forecast period
(2021-2027). The food flavor enhancer market is growing at a propelling
rate and is expected to have a substantial market demand in the forecasted
period as well. Flavor enhancers are preservative that is added to the food to
alter or improve the existing flavor. They are majorly added to food and
beverages to enhance their taste and texture. It is commercially available in
the form of snack foods, instant soups, frozen dinners, etc. Factors such as
growing sensory-oriented consumers, modernized food habits, and increasing
consumption of Monosodium Glutamate (MSG) in food products have been driving
the global flavor enhancers market.
In addition, expanding demand for
different and organic flavors in frozen food has grown demand for flavor
enhancers in the market. Furthermore, the constantly changing quality and
regulatory standards concerning the ensuring and safeguarding of consumer
health and safety are posing a challenge to flavor producers in recent years.
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Based on Type, the
food flavor enhancer market is segmented into acidulants, glutamates,
hydrolyzed vegetable protein, yeast extracts and others. The glutamates catered
to significant demand in the food flavor enhancer market. Glutamate is an amino
acid that is produced in the body and occurs naturally in many foods.
Monosodium glutamate (MSG) is the sodium salt of glutamic acid and is a common
food additive. Both natural glutamate and monosodium glutamate are metabolized
in the body using the same processes.
Based on Source, the
food flavor enhancer market is bifurcated into artificial and natural. The
natural segment holds a considerable market share in the food flavor enhancer
market. Natural flavors comprise extracts from natural sources in the form of
essential oils, oleoresins, essence or extractive, distillate, or products
formed during processing such as roasting, heating, etc. Example of natural
flavor is roasted coffee beans, extracts of vanilla roots, etc. Fruit flavor
concentrate is a special type of natural flavor that is prepared by removing
the water under vacuum and adding back aroma back into the concentrate.
The Asia Pacific to
witness the highest growth
Based on region, the report provides detailed
analysis for overall adoption of Food flavor enhancers in the major region
including North America (United States, Canada, Rest of North America, Europe
(Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China,
India, Australia, Japan, Rest of APAC), Rest of the World. The Asia Pacific caters substantial share in the food flavor enhancer
market over the past few years and is expected to have an influential growth
rate in the forecasted period as well. The surge in disposable income coupled
with packaged sauces, ready-to-cook, and instant meals are gaining popularity
in the region that has positively influenced the market size of the food flavor
enhancer.
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us – https://univdatos.com/report/food-flavor-enhancer-market/
In July 2021, Sensient
Technologies acquired assets of Flavor Solutions, Inc. With this acquisition,
Sensient Technologies will be able to expand its flavor enhancer business in
the market, also helping the former improve its key technologies, which will
help the company to better serve consumers in the future.
In February 2021, Tate &
Lyle PLC fully acquired 85% ownership of Chaodee Modified Starch Co. Ltd.,
enabling it to extend its business in the tapioca-based business in Thailand.
The initiative will enable the company to cater to consumer demand for
clean-label foods. This also signals the company’s expansion across the Asia
Pacific.
According to UnivDatos Market Insights (UMI)’,
the key players with a considerable market share in the global Food flavor
enhancer market are Cargill, Inc., Tate & Lyle Plc,
Associated British Foods Plc, Corbion N.V., Sensient Technologies Corporation,
International Flavors & Fragrances Inc., Firmenich Sa, Senomyx, Inc.,
Synergy Flavors, Mane SA. Several M&As along with partnerships have been
undertaken by these players to boost their presence in different regions.
“Global Food
Flavor Enhancer Market”
provides comprehensive qualitative and quantitative insights on the industry
potential, key factors impacting sales and purchase decisions, hotspots, and
opportunities available for the market players. Moreover, the report also
encompasses the key strategic imperatives for success for competitors along
with strategic factorial indexing measuring competitors’ capabilities on
different parameters. This will help companies in the formulation of go-to-market
strategies and identifying the blue ocean for its offerings.
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informative information, please visit us – https://univdatos.com/report/food-flavor-enhancer-market/
Market Segmentation:
1.
By Type (Acidulants,
Glutamates, Hydrolyzed Vegetable Protein, Yeast Extracts and Others)
2. By
Source
(Artificial
and Natural)
3.
By Form (Powder and Liquid)
4.
By Application (Processed
& Convenience Foods, Beverages, Meat & Fish Products Others)
5. By
Region (North America (United States, Canada, Rest
of North America), Europe (Germany, UK, France, Spain, Italy, and Rest of
Europe), Asia-Pacific (China, India, Australia, Japan, Rest of APAC), ROW.
6.
By Company (Cargill,
Inc., Tate & Lyle Plc, Associated British Foods Plc, Corbion N.V., Sensient
Technologies Corporation, International Flavors & Fragrances Inc.,
Firmenich Sa, Senomyx, Inc., Synergy Flavors, Mane SA).
Key
questions answered in the study:
1.
What are the current and future trends
of the global Food flavor enhancer industry?
2.
How the industry has been evolving in
terms of type, source, form, and application?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and
challenges for the global Food flavor enhancer industry?
5.
What is the customer orientation,
purchase behavior, and expectations from the global Food flavor enhancer suppliers
across various regions and countries?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR
ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL FOOD FLAVOR ENHANCERS
MARKET COVID-19 IMPACT
6 GLOBAL FOOD FLAVOR ENHANCERS
MARKET REVENUE 2019-2027F
7 MARKET INSIGHTS BY TYPE
8 MARKET INSIGHTS BY SOURCE
9 MARKET INSIGHTS BY FORM
10 MARKET INSIGHTS BY
APPLICATION
11 MARKET INSIGHTS BY REGION
12 Rest Of the World Food
Flavor Enhancers Market
13 FOOD FLAVOR ENHANCERS MARKET
DYNAMICS
14 FOOD FLAVOR ENHANCERS MARKET
OPPORTUNITIES
15 FOOD FLAVOR ENHANCERS MARKET
TRENDS
16 LEGAL & REGULATORY
FRAMEWORK
17 DEMAND AND SUPPLY-SIDE
ANALYSIS
18 VALUE CHAIN ANALYSIS
19 COMPETITIVE SCENARIO
20 COMPANY PROFILED
21 DISCLAIMER
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