Savory Ingredients Market - Trends Forecast Till 2028

Market Overview

The global savory ingredients market is estimated to be valued at USD 7.2 billion in 2020 and is projected to reach USD 9.3 billion by 2025, recording a CAGR of 5.2% in the forecast period 2021-2028

The demand for flavor enhancers witnessed a significant increase due to the availability of a variety of food choices for consumers, the demand for food consisting of different flavors is increasing at an exponential rate across the world and highly cost-effective and innovative ways of producing flavors, which are added as flavor enhancers, are some of the factors that have supported log term expansion of Savory Ingredients Market.

Key Findings

Savory Ingredients Market is segmented into type, origin, form, application and geography.

Type segment is segmented into Monosodium glutamate, Hydrolyzed vegetable proteins, Hydrolyzed animal proteins and Nucleotides.

Origin segment is segmented into synthetic and natural

Form segment is segmented into powder, liquid and other forms.

Application segment is segmented into food, prepared meals, snacks and feed.

Geographically, global Savory Ingredients market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in Savory Ingredients Market are Givaudan (Switzerland), Lesaffre Group (France), ADM (US), Ajinomoto Co., Inc. (Japan), Koninklijke DSM N.V. (Netherlands), Kerry Group PLC (Ireland), Tate & Lyle PLC (UK), and AngelYeast Co., Ltd. (China)

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Savory Ingredients market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope