Global Savory Ingredients Market, By Type (Yeast Extracts, Hydrolyzed Vegetable Protein, Hydrolyzed Animal Protein, Monosodium Glutamate, Nucleotides, Other), Application (Food, Feed), Origin (Natural, Synthetic), Form (Liquid, Powder, Other), Production Technique (Heat Treatment, Acid Treatment, Maillard Reaction) – Industry Trends and Forecast to 2030.
Savory Ingredients Market Analysis and Size
Customers are choosing healthier foods without sacrificing taste or flavour. Savory ingredients help to preserve food sensory qualities while also lowering fat content. This function helps to produce tasty, low-fat food products and has increased consumer acceptance of additives.
Data Bridge Market Research analyses that the savory ingredients market was valued at USD 55.46 billion in 2022 and is expected to reach the value of USD 90.08 billion by 2030, at a CAGR of 6.25% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Savory Ingredients Market Scope and Segmentation
2023 to 2030
2021 (Customizable to 2015 - 2020)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Type (Yeast Extracts, Hydrolyzed Vegetable Protein, Hydrolyzed Animal Protein, Monosodium Glutamate, Nucleotides, Other), Application (Food, Feed), Origin (Natural, Synthetic), Form (Liquid, Powder, Other), Production Technique (Heat Treatment, Acid Treatment, Maillard Reaction)
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
ADM (U.S.), Cargill, Incorporated. (U.S.), Ingredion. (U.S.), Tate & Lyle (UK), Roquette Frères. (France), AVEBE (Netherlands), Grain Processing Corporation (U.S.), Groupe Emsland (Germany), SPAC Starch Products (India), BENEO (Germany), Natural Stacks (U.S.), miBiome therapeutics LLP. (India), ANGEL STARCH & FOOD PVT LTD (India), Vapco Engineers. (India), Lyckeby Culinar AB (Sweden), Croda International Plc (U.K.), Akzo Nobel N.V. (Netherlands), Bayer AG (Germany), Ajinomoto Co., Inc. (Japan)
Savory ingredients are flavour enhancers used in processing food products to improve the savoury taste and aroma. Some of the most commonly used savoury ingredients in the food and beverage industry include starches, yeast extracts, hydrolyzed vegetable proteins (HVP), hydrolyzed animal proteins (HAP), and monosodium glutamate (MSG). They are primarily used in the manufacture of instant and food products, meat products, and seasonings. Their use extends the shelf life of products and reduces the salt content in food preparation.
Global Savory Ingredients Market Dynamics
- Consumers shift towards wholesome food and healthy alternatives
Consumer preferences for healthier foods, population growth, improved cold chain logistics, and the adoption of automation systems and products are the market's drivers. Savory ingredients market participants are poised to capitalise on this opportunity. Sweeteners, carbohydrates, and high-fat foods have all been reduced in consumption by health-conscious consumers. Another emerging trend is the use of new raw materials derived from marine sources, which are valued for their oil and fibre content.
- The growing trend for nourishment additives and advancements in food technologies
Due to rising demand for packaged and ready-to-eat nourishment items, the global savoury ingredients market has expanded rapidly in recent years. The rising number of health-conscious consumers who prefer low-fat foods is driving the global market for savoury ingredients. Furthermore, the candy store and bakery industries are expected to be very interested in nutrient additives. The demand for nourishment additives is expected to rise in the coming years due to the growing interest in pastry kitchen items. Advances and developments in the savoury ingredients industry are also expected to positively impact the global savoury ingredients market.
- Growing trend of clean label products
The overall food and beverage industry's macro trend of clean label ingredients is driving demand for natural/organic ingredients, presenting a tremendous opportunity for growth in the savoury ingredients market. Natural savoury ingredients are readily available and inexpensive, giving manufacturers a cost advantage. Furthermore, unlike synthetic sources, these products require less processing and provide nutritional benefits. Manufacturers of food and beverage products are investing heavily in research and development to improve the nutritional and multifunctional profile of foods with numerous health benefits, which is driving the global savoury ingredients market growth.
- Stringent Regulations
The stringent regulation imposed by various governments on the manufacture of additives is a significant impediment to the growth of the savoury ingredients market. Growth is slower than expected due to a shortage of certain additives on the global market.
This savory ingredients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the savory ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Savory Ingredients Market
The savoury ingredients market was impacted by the covid-19 pandemic, from raw material procurement to end product production. Due to a labour shortage, manufacturers faced difficulties, and import and export restrictions halted production. Bakery, confectionery, dairy products, and soft drinks containing savoury ingredients such as sweetener and food flavour have been held back as supermarkets re-allocated stock priorities toward staples and essential supplies due to the outbreak. This was primarily due to the governments of several countries issuing mass lockdown orders in order to prevent the spread of the pandemic in their respective countries.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
• In 2021, International Flavors and Fragrances merged with DuPont Nutrition and Bioscience. The merger will give the company leadership in enzymes, food flavours, and scents, among other benefits.
• In 2020, Tate & Lyle will form a distribution partnership with Solevo, a leading chemical distributor in South Africa. The companies were united in their desire to provide high-quality food and beverage ingredients such as low-calorie sweeteners, soluble fibres, and other ingredients.
• In 2020 Evanesse CB6194, Ingredion Incorporation's first clean-label emulsifier made of vegan chickpea, will be available in the United States and Canada. This product innovation was created in response to the United States' growing vegan population.
Global Savory Ingredients Market Scope
The savory ingredients market is segmented on the basis of type, application, origin, form and production technique. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Yeast Extracts
- Hydrolyzed Vegetable Protein
- Hydrolyzed Animal Protein
- Monosodium Glutamate
- Heat Treatment
- Acid Treatment
- Maillard Reaction
Savory Ingredients Market Regional Analysis/Insights
The savory ingredients market is analyzed and market size insights and trends are provided by country, type, application, origin, form and production technique as referenced above.
The countries covered in the savory ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Food and beverage consumption in Asia-Pacific is steadily rising as a result of rising population, rising incomes, and rapid urbanization. All of these factors have contributed to the increased use of savory ingredients and other food processing ingredients.
The Asia-Pacific market will grow at a much faster rate than the rest of the world. This is due to rising disposable income, a preference for western cuisines and packaged meals, a demanding work life, longer working hours, and a desire for healthy alternatives. Furthermore, the rapid expansion of retail food chains, as well as the growing popularity of eating out, are increasing demand for savory ingredients.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Savory Ingredients Market Share Analysis
The savory ingredients’ market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to savory ingredients market.
Some of the major players operating in the savory ingredients market are:
- ADM (U.S.)
- Cargill Incorporated (U.S.)
- Ingredion. (U.S.)
- Tate & Lyle (UK)
- Roquette Frères. (France)
- AVEBE (Netherlands)
- Grain Processing Corporation (U.S.)
- Groupe Emsland (Germany)
- SPAC Starch Products (India)
- BENEO (Germany)
- Natural Stacks (U.S.)
- miBiome therapeutics LLP. (India)
- ANGEL STARCH & FOOD PVT LTD (India)
- Vapco Engineers. (India)
- Lyckeby Culinar AB (Sweden)
- Croda International Plc (U.K.)
- Akzo Nobel N.V. (Netherlands)
- Bayer AG (Germany)
- Ajinomoto Co., Inc. (Japan)