Food Flavor Enhancer Market Current Analysis and Forecast (2021-2027)
The Global Food flavor enhancer market is expected to grow at a CAGR of more than 5% during the forecast period (2021-2027). The food flavor enhancer market is growing at a propelling rate and is expected to have a substantial market demand in the forecasted period as well. Flavor enhancers are preservative that is added to the food to alter or improve the existing flavor. They are majorly added to food and beverages to enhance their taste and texture. It is commercially available in the form of snack foods, instant soups, frozen dinners, etc. Factors such as growing sensory-oriented consumers, modernized food habits, and increasing consumption of Monosodium Glutamate (MSG) in food products have been driving the global flavor enhancers market.
In addition, expanding demand for different and organic flavors in frozen food has grown demand for flavor enhancers in the market. Furthermore, the constantly changing quality and regulatory standards concerning the ensuring and safeguarding of consumer health and safety are posing a challenge to flavor producers in recent years.
Food flavor enhancers are substances that have no pronounced flavor or taste of their own, but which bring out and improve the flavors in the foods to which they are added. Flavorings can play an important nutritional role, particularly in foods that are not very flavorful, by providing the needed appeal. The most used substances in this category are monosodium L-glutamate (MSG), disodium 5′-inosinate (IMP), and disodium 5′- guanylate (GMP). Salt, although not classed as a food additive, is the most widely used flavor enhancer. Factors such as changing lifestyle, increasing demand for healthy ingredients, and influential trends for new exotic and ethnic flavors are driving the food flavor enhancers market. With the rising preference for premium-quality products, including premium lines of seasonings and sauces, the market is growing rapidly across the globe.
Cargill, Inc., Tate & Lyle Plc, Associated British Foods Plc, Corbion N.V., Sensient Technologies Corporation, International Flavors & Fragrances Inc., Firmenich Sa, Senomyx, Inc., Synergy Flavors, Mane SA. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst type, glutamates segment holds the major share”
Based on type, the food flavor enhancer market is segmented into acidulants, glutamates, hydrolyzed vegetable protein, yeast extracts and others. The glutamates catered to significant demand in the food flavor enhancer market. Glutamate is an amino acid that is produced in the body and occurs naturally in many foods. Monosodium glutamate (MSG) is the sodium salt of glutamic acid and is a common food additive. Both natural glutamate and monosodium glutamate are metabolized in the body using the same processes.
“Amongst source, natural segment holds the major share”
Based on the source, the food flavor enhancer market is bifurcated into artificial and natural. The natural segment holds a considerable market share in the food flavor enhancer market. Natural flavors comprise extracts from natural sources in the form of essential oils, oleoresins, essence or extractive, distillate, or products formed during processing such as roasting, heating, etc. Example of natural flavor is roasted coffee beans, extracts of vanilla roots, etc. Fruit flavor concentrate is a special type of natural flavor that is prepared by removing the water under vacuum and adding back aroma back into the concentrate.
“Amongst application, beverages segment holds the major share”
Based on the Application, the food flavor enhancer market is segmented into Processed & convenience foods, Beverages, Meat & fish products others. The beverages segment holds an extensive market share in the food flavor enhancer market. More consumption of beverages that are high in nutrients, support the immune system and improve the digestive functions of the body should further raise the product demand from the beverage industry. Rise usage of modern techniques such as ingrained technology for producing flavors to reduce the overall production time is expected to further foster the market growth during the assessment period.
“Asia Pacific represents one of the extensive market shares of global food flavor enhancer Market”
For a better understanding of the market dynamics of the global food flavor enhancer Asia Pacific caters substantial share in the food flavor enhancer market over the past few years and is expected to have an influential growth rate in the forecasted period as well. The surge in disposable income coupled with packaged sauces, ready-to-cook, and instant meals are gaining popularity in the region that has positively influenced the market size of the food flavor enhancer.
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