Global Taste Modulators Market, By Application (Food, Beverages), Type (Sweet Modulators, Salt Modulators, Fat Modulators), Source (Animals, Plants, Microbial), Process (Acid & Alkaline Hydrolysis, Enzymatic Hydrolysis), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Market Analysis: Global Taste Modulators Market
The Global Taste Modulators Market is expected to reach USD 2163.44 million by 2025, from USD 994.7 million in 2017 growing at a CAGR of 10.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Taste Modulators Market
The taste modulators are used to modify the taste and flavour that is attribute to the products in which it is used. Nowadays, the consumers are demanding more trusted and recognised ingredient declarations with less salt, sugar and fat. But the major problem is to make these elements out without changing the balance of the rest of the product. Any adjustment can alter the mouthfeel, texture, or sweetness of a product. Various key players have done various research and development in the market to provide solution to the full gambit of taste modulation challenges. These taste modulators change the perception of a particular taste and are responsible for enhancing the taste of a particular ingredient, most commonly sugar or salt, or improving the creaminess of fatty substances. Taste modulation is usually carried out to eliminate undesirable tastes of some ingredients and pharmaceutical components. They are majorly used in food and beverages industry. According to an article published recently by the Informa USA, Inc., in California overall sales growth for all food and beverages grew with 0.6% in 2018 as compare to the year 2017. Hence growth in food and beverage industry helps in growth of taste modulators market.
- Increased consumer demand for reduced calorie products with original taste of sugar
- Growing awareness among consumers about the ill-effects of excessive salt intake
- Extensive research on positive allosteric modulators (PAM)
- Stringent regulations and international standards for sweet and salt reducing ingredients.
- Ambiguity regarding the health effects of sugar substitutes
Segmentation: Global Taste Modulators Market
- Bakery Products
- Dairy Products
- Confectionery Products
- Snacks & Savory Products
- Meat Products
- Other Food Applications
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Sweet Modulators
- Salt Modulators
- Fat Modulators
- North America
- South America
- Middle East & Africa
Competitive Landscape: Global Taste Modulators Market
The global taste modulators market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of protein hydrolysates market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors:
The key players operating in the global taste modulators market are –
The other players in the market are Firmenich, International Flavors & Fragrances, Symrise, Sensient Technologies, The Flavor Factory, Carmi Flavor & Fragrance, Flavorchem Corporation, Senomyx, Royal DSM, Kerry Group, Ingredion, Givaudan, Firmenich, International Flavors & Fragrances Inc., Symrise, Sensient Technologies Corporation, The Flavor Factory, Carmi Flavor & Fragrance Co., Inc., Flavorchem Corporation and many more.
Research Methodology: Global Taste Modulators Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global taste modulators market
- Analyze and forecast the taste modulators market on the basis of, application and type.
- Trends of key regional and country-level markets for processes, derivative, and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis