Global Food Flavour Enhancer Market Growth 2023-2029
Food Flavor Enhancers are used in foods to enhance the existing flavor in the food. The common food flavor enhancers include Monosodium Glutamate (MSG), L-alanine, Hydrolyzed Vegetable Proteins (HVP) and Yeast Extract.
LPI (LP Information)' newest research report, the “Food Flavour Enhancer Industry Forecast” looks at past sales and reviews total world Food Flavour Enhancer sales in 2022, providing a comprehensive analysis by region and market sector of projected Food Flavour Enhancer sales for 2023 through 2029. With Food Flavour Enhancer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food Flavour Enhancer industry.
This Insight Report provides a comprehensive analysis of the global Food Flavour Enhancer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food Flavour Enhancer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food Flavour Enhancer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Flavour Enhancer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food Flavour Enhancer.
The global Food Flavour Enhancer market size is projected to grow from US$ 9821.6 million in 2022 to US$ 12700 million in 2029; it is expected to grow at a CAGR of 12700 from 2023 to 2029.
Global Food Flavor Enhancer key players include Fufeng, Meihua, Ajinomoto Group, etc. Global top three manufacturers hold a share about 55%.
Asia-Pacific is the largest market, with a share about 70%, followed by North America and Europe, both have a share over 20 percent.
In terms of product, Monosodium Glutamate (MSG) is the largest segment, with a share about 55%. And in terms of application, the largest application is Food Processing Industry, followed by Restaurants.
This report presents a comprehensive overview, market shares, and growth opportunities of Food Flavour Enhancer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Monosodium Glutamate (MSG)
Hydrolyzed Vegetable Protein (HVP)
Yeast Extract
Others
Segmentation by application
Processed & Convenience Foods
Beverages
Meat & Fish Products
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
Tate & Lyle PLC
Associated British Foods PLC
Corbion N.V.
Sensient Technologies Corporation
Novozymes A/S
Dupont
Angel Yeast Co., Ltd
Innova Flavors
Savoury Systems International, Inc.
Senomyx, Inc.
Ajinomoto Co, Inc
Fufeng
Meihua
Lianhua
Shandong Qilu Bio-Technology Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Food Flavour Enhancer market?
What factors are driving Food Flavour Enhancer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Food Flavour Enhancer market opportunities vary by end market size?
How does Food Flavour Enhancer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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