Global Savory Ingredients Market, By Type (Yeast Extracts, Hydrolyzed Vegetable Protein, Hydrolyzed Animal Protein, Monosodium Glutamate, Nucleotides, Others), By Application (Food, Meal), By Form (Liquid, Powder, Others), By Production Technology (Heat Treatment, Acid Treatment, Maillard Reaction) By region (North America, Latin America, Europe, Asia. Pacific, Middle East and Africa) - Industry Trends and Forecast to 2030.
Global Savory Ingredients Market
Global Savory Ingredients Market is expected to reach USD 55.47 million by 2022, which will reach USD 90.07 million in 2030, registering a CAGR of 6.24% during the forecast period 2023-2030.
Salt ingredients are flavor enhancers used in food processing to enhance salty taste and aroma. The most commonly used salt ingredients in the food and beverage industry are starches, yeast extracts, hydrolyzed vegetable proteins (HVP), hydrolyzed animal proteins (HAP) and monosodium glutamate (MSG). They are mainly used for the production of fast food and foodstuffs, meat products and spices. Their use extends the shelf life of products and reduces the salt content in food preparation
Market Drivers
Consumers are switching to healthy foods and healthy choices Consumer preferences for healthier food, population growth, better cold chain logistics and adoption of automation systems and products are driving the market. Savory ingredient market players are poised to capitalize on this opportunity. Health conscious consumers have reduced their intake of sweeteners, carbohydrates and fatty foods. Another emerging trend is the use of new raw materials from marine sources, valued for their oil and fiber content. The growing trend of dietary supplements and advances in food technology Due to the increase in the demand for packaged and ready-to-eat foods, the global flavor ingredients market has expanded rapidly in recent years. A growing number of health-conscious consumers who prefer low-fat foods is driving the global flavor ingredients market. In addition, great interest in food products is also expected in the confectionery business and the bakery industry. The demand for food additives is expected to increase in the coming years due to the growing interest in baked goods. The advancements and developments in the Flavor Ingredients industry are also expected to positively impact the global Flavor Ingredients market.
Market Restraints
The strict regulation imposed by various governments on the production of additives is significantly hindering the growth of the Flavouring ingredients market. Growth is slower than expected due to a lack of some additives in the world market. This Flavor Ingredients Market report includes information on new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities based on new revenue pockets and changes market regulations, strategic market growth analysis, market size, category market growth, application niches and governance, product approvals, product launches, geographic expansions, technological innovations in the market.
Market Opportunities
The growing trend of clean label products. The macro trend in the general food and beverage industry towards clean label ingredients is increasing the demand for natural/organic ingredients, providing a huge growth opportunity in the delicious ingredients. Natural salt ingredients are readily available and cheap, giving producers a cost advantage. Additionally, unlike synthetic sources, these products require less processing and provide nutritional value. Food and beverage manufacturers are investing heavily in R&D to improve the nutritional value and nutritional profile of foods with multiple health benefits, fueling the growth of the global flavor ingredients market.
Impact Of COVID-19
The Covid-19 pandemic has affected the gourmet ingredients market, from sourcing raw materials to manufacturing end products. Labor shortages put manufacturers in trouble, and import and export restrictions halted production. Bakeries, patisseries, dairy products and savory ingredients such as sweetened and flavored soft drinks hit the brakes as supermarkets shifted stock focus to basics and essentials due to the epidemic. This was mainly due to the fact that the governments of several countries imposed massive lockdowns in their countries to prevent the spread of the pandemic.
Market Segmentation
Global Savory Ingredients Market is segmented on the basis of By Type, By Application, By Form
Based on the By Type market is segmented into Yeast Extracts, Hydrolyzed Vegetable Protein, Hydrolyzed Animal Protein, Monosodium Glutamate, Nucleotides, Others. Further market is segmented into By Application market is segmented into Food, Meal. By Form market is segmented into Liquid, Powder, Others. By Production Technology market is segmented into Heat Treatment, Acid Treatment, Maillard Reaction.
Regional Analysis
Global Savory Ingredients Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America The Asia Pacific market is growing much faster than the rest of the world. This is due to increasing disposable income, preference for Western foods and meals, demanding work life, longer working hours and desire for healthy options. In addition, the demand for savoury ingredients is increasing due to the rapid expansion of retail chains and the growing popularity of eating out.
Key Players.
Various key players are listed in this report such as ADM, Cargill Incorporated, Ingredion, Tate & Lyle, Roquette Frères, AVEBE, Grain Processing Corporation, Groupe Emsland, SPAC Starch Products
Market Taxonomy
By Type
- Yeast Extracts
- Hydrolyzed Vegetable Protein
- Hydrolyzed Animal Protein
- Monosodium Glutamate
- Nucleotides
- Food
- Meal
- Liquid
- Powder
- Heat Treatment
- Acid Treatment
- Maillard Reaction
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- What are the Key Opportunities in Global Savory Ingredients Market?
- What will be the growth rate from 2023 to 2030?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Savory Ingredients Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing Economic Downturn
- 4.2.6 Post Covid-19 World supply and Demand Condition
- 4.2.7 Cumulative Impact of Russia Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Savory Ingredients Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Savory Ingredients Market Share Analysis, By Type
- 5.3 Global Savory Ingredients Market Size and Forecast, By Type
- 5.3.1 Yeast Extracts
- 5.3.2 Hydrolyzed Vegetable Protein
- 5.3.3 Hydrolyzed Animal Protein
- 5.3.4 Monosodium Glutamate
- 5.3.5 Nucleotides
- 6 Global Savory Ingredients Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Savory Ingredients Market Share Analysis, By Application
- 6.3 Global Savory Ingredients Market Size and Forecast, By Application
- 6.3.1 Food
- 6.3.2 Meal
- 7 Global Savory Ingredients Market, By Form
- 7.1 Y-o-Y Growth Comparison, By Form
- 7.2 Global Savory Ingredients Market Share Analysis, By Form
- 7.3 Global Savory Ingredients Market Size and Forecast, By Form
- 7.3.1 Liquid
- 7.3.2 Powder
- 8 Global Savory Ingredients Market, By Production Technology
- 8.1 Y-O-Y Growth Comparison, By Production Technology
- 8.2 Global Savory Ingredients Market Share Analysis, By Production Technology
- 8.3 Global Savory Ingredients Market Size and Forecast, By Production Technology
- 8.3.1 Heat Treatment
- 8.3.2 Acid Treatment
- 8.3.3 Maillard Reaction
- 9 Global Savory Ingredients Market, By Region
- 9.1 Global Savory Ingredients Market Share Analysis, By Region
- 9.2 Global Savory Ingredients Market Size and Forecast, By Region
- 9.3 Global Savory Ingredients Market Trends and Forecast, By Region
- 10 North America Savory Ingredients Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 North America Savory Ingredients Market Share Analysis, By Type
- 10.3 North America Savory Ingredients Market Size and Forecast, By Application
- 10.4 North America Savory Ingredients Market Size and Forecast, By Form
- 10.5 North America Savory Ingredients Market Size and Forecast, By Production Technology
- 10.6 North America Savory Ingredients Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.1.1. Market Size and Forecast, By Type
- 10.6.1.2 Market Size and Forecast, By Application
- 10.6.1.3. Market Size and Forecast, By Form
- 10.6.1.4 Market Size and Forecast, By Production Technology
- 10.6.2 Canada
- 10.6.2.1. Market Size and Forecast, By Type
- 10.6.2.2 Market Size and Forecast, By Application
- 10.6.2.3. Market Size and Forecast, By Form
- 10.6.2.4 Market Size and Forecast, By Production Technology
- 10.6.3 Mexico
- 10.6.3.1. Market Size and Forecast, By Type
- 10.6.3.2 Market Size and Forecast, By Application
- 10.6.3.3. Market Size and Forecast, By Form
- 10.6.3.4 Market Size and Forecast, By Production Technology
- 11 Europe Savory Ingredients Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Europe Savory Ingredients Market Share Analysis, By Type
- 11.3 Europe Savory Ingredients Market Size and Forecast, By Application
- 11.4 Europe Savory Ingredients Market Size and Forecast, By Form
- 11.5 Europe Savory Ingredients Market Size and Forecast, By Production Technology
- 11.6 Europe Savory Ingredients Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.1.1. Market Size and Forecast, By Type
- 11.6.1.2 Market Size and Forecast, By Application
- 11.6.1.3. Market Size and Forecast, By Form
- 11.6.1.4 Market Size and Forecast, By Production Technology
- 11.6.2 France
- 11.6.2.1. Market Size and Forecast, By Type
- 11.6.2.2 Market Size and Forecast, By Application
- 11.6.2.3. Market Size and Forecast, By Form
- 11.6.2.4 Market Size and Forecast, By Production Technology
- 11.6.3 UK
- 11.6.3.1. Market Size and Forecast, By Type
- 11.6.3.2 Market Size and Forecast, By Application
- 11.6.3.3. Market Size and Forecast, By Form
- 11.6.3.4. Market Size and Forecast, By Production Technology
- 11.6.4. Russia
- 11.6.4.1. Market Size and Forecast, By Type
- 11.6.4.2 Market Size and Forecast, By Application
- 11.6.4.3. Market Size and Forecast, By Form
- 11.6.4.4 Market Size and Forecast, By Production Technology
- 11.6.5. Italy
- 11.6.5.1. Market Size and Forecast, By Type
- 11.6.5.2 Market Size and Forecast, By Application
- 11.6.5.3. Market Size and Forecast, By Form
- 11.6.5.4 Market Size and Forecast, By Production Technology
- 11.6.6. Spain
- 11.6.6.1. Market Size and Forecast, By Type
- 11.6.6.2 Market Size and Forecast, By Application
- 11.6.6.3. Market Size and Forecast, By Form
- 11.6.6.4 Market Size and Forecast, By Production Technology
- 11.6.7. Rest of Europe
- 11.6.7.1. Market Size and Forecast, By Type
- 11.6.7.2 Market Size and Forecast, By Application
- 11.6.7.3. Market Size and Forecast, By Form
- 11.6.7.4 Market Size and Forecast, By Production Technology
- 12 Asia Pacific Savory Ingredients Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Asia Pacific Savory Ingredients Market Share Analysis, By Type
- 12.3 Asia Pacific Savory Ingredients Market Size and Forecast, By Application
- 12.4 Asia Pacific Savory Ingredients Market Size and Forecast, By Form
- 12.5 Asia Pacific Savory Ingredients Market Size and Forecast, By Production Technology
- 12.6 Asia Pacific Savory Ingredients Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.1.1. Market Size and Forecast, By Type
- 12.6.1.2 Market Size and Forecast, By Application
- 12.6.1.3. Market Size and Forecast, By Form
- 12.6.1.4 Market Size and Forecast, By Production Technology
- 12.6.2 Japan
- 12.6.2.1. Market Size and Forecast, By Type
- 12.6.2.2 Market Size and Forecast, By Application
- 12.6.2.3. Market Size and Forecast, By Form
- 12.6.2.4 Market Size and Forecast, By Production Technology
- 12.6.3 India
- 12.6.3.1. Market Size and Forecast, By Type
- 12.6.3.2 Market Size and Forecast, By Application
- 12.6.3.3. Market Size and Forecast, By Form
- 12.6.3.4 Market Size and Forecast, By Production Technology
- 12.6.4. South Korea
- 12.6.4.1. Market Size and Forecast, By Type
- 12.6.4.2 Market Size and Forecast, By Application
- 12.6.4.3. Market Size and Forecast, By Form
- 12.6.4.4 Market Size and Forecast, By Production Technology
- 12.6.5. Australia
- 12.6.5.1. Market Size and Forecast, By Type
- 12.6.5.2 Market Size and Forecast, By Application
- 12.6.5.3. Market Size and Forecast, By Form
- 12.6.5.4 Market Size and Forecast, By Production Technology
- 12.6.6. New Zealand
- 12.6.6.1. Market Size and Forecast, By Type
- 12.6.6.2 Market Size and Forecast, By Application
- 12.6.6.3. Market Size and Forecast, By Form
- 12.6.6.4 Market Size and Forecast, By Production Technology
- 12.6.7. Singapore
- 12.6.7.1. Market Size and Forecast, By Type
- 12.6.7.2 Market Size and Forecast, By Application
- 12.6.7.3. Market Size and Forecast, By Form
- 12.6.7.4 Market Size and Forecast, By Production Technology
- 12.6.8. Malaysia
- 12.6.8.1. Market Size and Forecast, By Type
- 12.6.8.2 Market Size and Forecast, By Application
- 12.6.8.3. Market Size and Forecast, By Form
- 12.6.8.4 Market Size and Forecast, By Production Technology
- 12.6.9. Rest of Asia
- 12.6.9.1. Market Size and Forecast, By Type
- 12.6.9.2 Market Size and Forecast, By Application
- 12.6.9.3. Market Size and Forecast, By Form
- 12.6.9.4 Market Size and Forecast, By Production Technology
- 13 Latin America Savory Ingredients Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Latin America Savory Ingredients Market Share Analysis, By Type
- 13.3 Latin America Savory Ingredients Market Size and Forecast, By Application
- 13.4 Latin America Savory Ingredients Market Size and Forecast, By Form
- 13.5 Latin America Savory Ingredients Market Size and Forecast, By Production Technology
- 13.6 Latin America Savory Ingredients Market Size and Forecast, By Country
- 13.6.1 Brazil
- 13.6.1.1. Market Size and Forecast, By Type
- 13.6.1.2 Market Size and Forecast, By Application
- 13.6.1.3. Market Size and Forecast, By Form
- 13.6.1.4 Market Size and Forecast, By Production Technology
- 13.6.2 Argentina
- 13.6.2.1. Market Size and Forecast, By Type
- 13.6.2.2 Market Size and Forecast, By Application
- 13.6.2.3. Market Size and Forecast, By Form
- 13.6.2.4 Market Size and Forecast, By Production Technology
- 13.6.3. Colombia
- 13.6.3.1. Market Size and Forecast, By Type
- 13.6.3.2 Market Size and Forecast, By Application
- 13.6.3.3. Market Size and Forecast, By Form
- 13.6.3.4 Market Size and Forecast, By Production Technology
- 13.6.4. Peru
- 13.6.4.1. Market Size and Forecast, By Type
- 13.6.4.2 Market Size and Forecast, By Application
- 13.6.4.3. Market Size and Forecast, By Form
- 13.6.4 Market Size and Forecast, By Production Technology
- 13.6.5. Chile
- 13.6.5.1. Market Size and Forecast, By Type
- 13.6.5.2 Market Size and Forecast, By Application
- 13.6.5.3. Market Size and Forecast, By Form
- 13.6.5.4 Market Size and Forecast, By Production Technology
- 13.6.6. Venezuela
- 13.6.6.1. Market Size and Forecast, By Type
- 13.6.6.2 Market Size and Forecast, By Application
- 13.6.6.3. Market Size and Forecast, By Form
- 13.6.6.4 Market Size and Forecast, By Production Technology
- 13.6.7. rest of Latin America
- 13.6.7.1. Market Size and Forecast, By Type
- 13.6.7.2 Market Size and Forecast, By Application
- 13.6.7.3. Market Size and Forecast, By Form
- 13.6.7.4 Market Size and Forecast, By Production Technology
- 14 Middle East Savory Ingredients Market Analysis and Forecast (2023-2030)
- 14.1 Introduction
- 14.2 Middle East Savory Ingredients Market Share Analysis, By Type
- 14.3 Middle East Savory Ingredients Market Size and Forecast, By Application
- 14.4 Middle East Savory Ingredients Market Size and Forecast, By Form
- 14.5 Middle East Savory Ingredients Market Size and Forecast, By Production Technology
- 14.6 Middle East Savory Ingredients Market Size and Forecast, By Country
- 14.6.1. Saudi Arabia
- 14.6.1.1. Market Size and Forecast, By Type
- 14.6.1.2 Market Size and Forecast, By Application
- 14.6.1.3. Market Size and Forecast, By Form
- 14.6.1.4 Market Size and Forecast, By Production Technology
- 14.6.2 UAE
- 14.6.2.1. Market Size and Forecast, By Type
- 14.6.2.2 Market Size and Forecast, By Application
- 14.6.2.3. Market Size and Forecast, By Form
- 14.6.2.4 Market Size and Forecast, By Production Technology
- 14.6.3 Egypt
- 14.6.3.1. Market Size and Forecast, By Type
- 14.6.3.2 Market Size and Forecast, By Application
- 14.6.3.3. Market Size and Forecast, By Form
- 14.6.3.4 Market Size and Forecast, By Production Technology
- 14.6.4 Kuwait
- 14.6.4.1. Market Size and Forecast, By Type
- 14.6.4.2 Market Size and Forecast, By Application
- 14.6.4.3. Market Size and Forecast, By Form
- 14.6.4.4 Market Size and Forecast, By Production Technology
- 14.6.5 South Africa
- 14.6.5.1. Market Size and Forecast, By Type
- 14.6.5.2 Market Size and Forecast, By Application
- 14.6.5.3. Market Size and Forecast, By Form
- 14.6.5.4 Market Size and Forecast, By Production Technology
- 14.6.5 Rest of Middle East & Africa
- 14.6.6.1. Market Size and Forecast, By Type
- 14.6.6.2 Market Size and Forecast, By Application
- 14.6.6.3. Market Size and Forecast, By Form
- 14.6.6.3 Market Size and Forecast, By Production Technology
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 ADM
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Cargill Incorporated
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3. Ingredion
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4. Tate & Lyle
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 Roquette Frères
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 AVEBE
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 Grain Processing Corporation
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 Groupe Emsland
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 SPAC Starch Products
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10 BENEO
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
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