Europe Savory Ingredients Market Size, Share & Trends Analysis Report By Source (Natural, and Synthetic), By Application, By Type, By Country and Growth Forecast, 2024 - 2031
The Europe Savory Ingredients Market would witness market growth of 7.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Savory Ingredients Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $804.7 million by 2031. The UK market is exhibiting a CAGR of 6.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 8% during (2024 - 2031).
One of the primary drivers of the market is the of cuisines. As people worldwide become more interconnected, there is a growing appreciation for ethnic and regional cuisines that were once confined to specific geographical areas.
Moreover, this exposure has sparked a burgeoning interest in new and unique culinary experiences, leading to heightened demand for ingredients and flavors integral to these cuisines. Innovation in food products is another significant factor contributing to the growth of the savory ingredients market.
Europe is a significant savory ingredients market characterized by a strong culinary tradition and high demand for traditional and innovative flavors. The region's diverse food culture, ranging from Mediterranean to Nordic cuisines, drives the demand for various savory ingredients. The United Kingdom has seen a significant increase in the demand for savory ingredients, driven by the of food culture.
Based on Source, the market is segmented into Natural, and Synthetic. Based on Application, the market is segmented into Snacks, Ready Meals, Feed, and Others. Based on Type, the market is segmented into Monosodium Glutamate, Yeast Extract, Starch, Hydrolyzed Vegetable Protein, Hydrolyzed Animal Protein, Nucleotides, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Sensient Technologies Corporation
- Kerry Group plc.
- Archer Daniels Midland Company
- AngelYeast Co., Ltd.
- Tate & Lyle plc
- Associated British Foods PLC (Wittington Investments Limited)
- Koninklijke DSM N.V.
- Givaudan International SA
- Symrise AG
- Ajinomoto Co., Inc.
By Source
- Natural
- Synthetic
- Snacks
- Ready Meals
- Feed
- Others
- Monosodium Glutamate
- Yeast Extract
- Starch
- Hydrolyzed Vegetable Protein
- Hydrolyzed Animal Protein
- Nucleotides
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Savory Ingredients Market, by Source
- 1.4.2 Europe Savory Ingredients Market, by Application
- 1.4.3 Europe Savory Ingredients Market, by Type
- 1.4.4 Europe Savory Ingredients Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. Europe Savory Ingredients Market by Source
- 4.1 Europe Natural Market by Country
- 4.2 Europe Synthetic Market by Country
- Chapter 5. Europe Savory Ingredients Market by Application
- 5.1 Europe Snacks Market by Country
- 5.2 Europe Ready Meals Market by Country
- 5.3 Europe Feed Market by Country
- 5.4 Europe Others Market by Country
- Chapter 6. Europe Savory Ingredients Market by Type
- 6.1 Europe Monosodium Glutamate Market by Country
- 6.2 Europe Yeast Extract Market by Country
- 6.3 Europe Starch Market by Country
- 6.4 Europe Hydrolyzed Vegetable Protein Market by Country
- 6.5 Europe Hydrolyzed Animal Protein Market by Country
- 6.6 Europe Nucleotides Market by Country
- 6.7 Europe Others Market by Country
- Chapter 7. Europe Savory Ingredients Market by Country
- 7.1 Germany Savory Ingredients Market
- 7.1.1 Germany Savory Ingredients Market by Source
- 7.1.2 Germany Savory Ingredients Market by Application
- 7.1.3 Germany Savory Ingredients Market by Type
- 7.2 UK Savory Ingredients Market
- 7.2.1 UK Savory Ingredients Market by Source
- 7.2.2 UK Savory Ingredients Market by Application
- 7.2.3 UK Savory Ingredients Market by Type
- 7.3 France Savory Ingredients Market
- 7.3.1 France Savory Ingredients Market by Source
- 7.3.2 France Savory Ingredients Market by Application
- 7.3.3 France Savory Ingredients Market by Type
- 7.4 Russia Savory Ingredients Market
- 7.4.1 Russia Savory Ingredients Market by Source
- 7.4.2 Russia Savory Ingredients Market by Application
- 7.4.3 Russia Savory Ingredients Market by Type
- 7.5 Spain Savory Ingredients Market
- 7.5.1 Spain Savory Ingredients Market by Source
- 7.5.2 Spain Savory Ingredients Market by Application
- 7.5.3 Spain Savory Ingredients Market by Type
- 7.6 Italy Savory Ingredients Market
- 7.6.1 Italy Savory Ingredients Market by Source
- 7.6.2 Italy Savory Ingredients Market by Application
- 7.6.3 Italy Savory Ingredients Market by Type
- 7.7 Rest of Europe Savory Ingredients Market
- 7.7.1 Rest of Europe Savory Ingredients Market by Source
- 7.7.2 Rest of Europe Savory Ingredients Market by Application
- 7.7.3 Rest of Europe Savory Ingredients Market by Type
- Chapter 8. Company Profiles
- 8.1 Sensient Technologies Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 Kerry Group PLC
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Product Launches and Product Expansions:
- 8.2.5.2 Acquisition and Mergers:
- 8.2.1 SWOT Analysis
- 8.3 Archer Daniels Midland Company
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.5.2 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Angel Yeast Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Tate & Lyle PLC
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental & Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 SWOT Analysis
- 8.6 Associated British Foods PLC (Wittington Investments Limited)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 SWOT Analysis
- 8.7 Koninklijke DSM N.V.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Acquisition and Mergers:
- 8.7.6 SWOT Analysis
- 8.8 Givaudan S.A.
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
- 8.9 Symrise AG
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 SWOT Analysis
- 8.10. Ajinomoto Co., Inc.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental & Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 SWOT Analysis
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