Flavor Enhancer Market Overview
The Global food flavor enhancer market is anticipated to be valued at 6.15 Billion by 2032. The food flavor enhancer market is expected to grow at a CAGR of 5.20 % during the forecast period of 2022- 2032.
Plant-based food flavor enhancers are anticipated to witness high demand during the predicted period. The growth of this individual type of food flavor enhancer market outlook can be primarily attributed to the extending awareness of natural ingredients and the growing vegan and vegetarian population.
There are anticipated to be exciting opportunities for innovation in the realm of flavors and enhancers due to the raising trend of using exotic flavors in food products. The development and use of recipes like solid-liquid extraction, supercritical fluid extraction, and others by flavor producers to keep the natural taste and flavor of fruit flavors are expected to further contribute to the market's expansion.
Key Players
Some of the Flavor enhancer key market players are Tate & Lyle PLC, Cargill, Corbion N.V.,Associated British Foods plc.,Sensient Technologies,Novozymes A/S, E.I.,Dupont,Angel Yeast Co., Ltd,Innova Flavors,Savoury Systems International, Inc.,Senomyx, Inc,Ajinomoto Co, Inc.
Market Segmentation
Ready-to-eat (RTE) foods have also been a revelatory part of the market, which calls for the use of taste enhancers such as glutamates. Also, it aids in maintaining the traditional and ethnic tastes of the food and aids in enhancing metabolism. Thus, flavor enhancers market insights has gained prominence growth in food products. MRFR expects the segment to capture 45 of the total revenue.
The augmented demand for instant noodles, hotpots, and soups has significantly increased sales of glutamates in the flavor enhancers market. Glutamates are rich in flavor and serve as an elegant seasoning. These flavor enhancers are the elegant option in the quick-service restaurant business due to their high-quality and cost-friendly quality.
The food processing industry is also using glutamates to a substantial extent due to their soothing properties. Along with this, glutamate also can improve the taste of the traditional Umami flavor of Japan. A value exceeding US$ 2 Billion is forecast by MRFR for glutamate flavor enhancers.
Growing health awareness and healthy eating have pushed the demand for naturally- sourced flavor enhancers, presenting concerns regarding the consumption of artificially sourced enhancers. A CAGR of around 6% is estimated for natural flavor enhancers.
For instance, MIO water enhancers are among the most favorite options, available in various flavors like blueberry, lemonade, strawberry, watermelon, and pomegranate. Due to their low calorie and sugar content, they're an excellent natural option. At the same time, the requisition for synthetic flavors will also remain high, anticipated to reach nearly US$ 2 Billion by 2031.
Regional Analysis
China is remarked as the potential use of flavor enhancers in the market. Rising consumer demand for natural and organic or plant-based flavors is driving the growth of flavor enhancers market. MRFR projects the Chinese market to hold 35% of revenue until 2031.
Increasing demand for ready-to-cook foods in these regions has led to an escalated interest in flavor enhancers across the U.S. Growing demand for the use of sports drinks and beverages has elevated demand for flavor enhancers in the beverage industry.
Rising demand for delicious, healthy, and cost-effective foods has greatly contributed to the growth of flavor enhancers market. A constant increase in demand for clean-label food flavors has grown the market demand for flavor enhancers in this region. Juice manufacturers in the U.K. are abruptly using flavor enhancers to make liquid and boost flavor without altering the natural taste of the recipe.
Related Reports
Bioactive ingredients Market Research Report - Global Forecast till 2027
Allergen Free Food Products Market Research Report - Forecast to 2027
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
