Flavor Enhancer Market Details: SWOT Analysis, New Project Investment Feasibility

 Market Scope

The new report from Market Research Future (MRFR) presents a detailed analysis of the flavor enhancer market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global flavor enhancer market are assessed in detail in the report.



Market Segmentation

Type, ingredients, form and application are the key market segments highlighted in the MRFR study.

The types of flavor enhancers available in the market are natural as well as artificial. Natural flavor enhancers have gained the top spot and more preferred compared to artificial ones, since the latter induces side effects on its consumption.

The different ingredients in the global market are acidulant, glutamate, hydrolyzed vegetable proteins, yeast extract, and others. The market for glutamate is the biggest while the yeast extract market can also witness significant growth over the conjectured timeline.

Flavor enhances come in different forms, namely liquid, powder, and others. The powdered form leads the market as they are easy to manufacturer and also use.

Various application areas of flavor enhancers are meat products, dairy & frozen desserts, bakery & confectionery, beverages, snacks, and others. The most extensive application range of flavor enhancers is in the bakery and confectionery sector, with the second highest demand for the same is observed in the beverage industry.

Regional Study

The global market’s regional study conducted in the report comprises Asia Pacific or APAC, North America, Europe, and RoW/rest of the world.

The APAC market is proceeding at the highest pace and exhibits promising prospects owing to the expanding food industry and the mounting number of food service providers. Improving per capita income has been a key determinant in the strong preference for mouth savoring foods along with the rising popularity of a variety of Asian cuisines in the world. In recent years, a number of firms in the region have launched natural and organic flavor enhancers that meet with the soaring demand for clean labels. India’s stand as the fastest expanding market in APAC can be accredited to the major demand for foreign flavors that prompt the vendors to introduce with innovative flavors.

The North American market is a strong contender, primarily on account of the escalating preference for convenience food amidst the rising prevalence of busy lifestyles. The consumption of noodles has increased at a rapid pace in the region, resulting in a higher demand for the mix of glutamates as well as nucleotides. The market growth in the region also banks upon the frequent innovations in flavor enhancers, with extensive applications in food products such as beverages, seafood, processed foods.

Affluent Companies

The affluent companies profiled in the MRFR study are Sensient Technologies (U.S.), Ajinomoto Co, Inc. (Japan), Cargill Inc. (U.S.), DuPont Nutrition & Health (U.S.), Corbion N.V. (The Netherlands), Innova Flavors (U.S.), Tate & Lyle PLC (U.K.), and more.

 

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