$10+ Billion Worldwide Savory Ingredients Industry to 2027 - Agreements, Partnerships, Collaborations and Joint Ventures

News provided by

Jul 20, 2020, 17:15 ET

DUBLIN, July 20, 2020 /PRNewswire/ -- The "Savory Ingredients - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Savory Ingredients market accounted for $5.72 billion in 2018 and is expected to reach $10.7 billion by 2027 growing at a CAGR of 7.2% during the forecast period. Changing consumer food preferences in developing regions and consumers' aversion to chemical food additives are the major factors driving the market growth. However, high cost of processing and raw materials is restraining the market growth.

Savory ingredients are flavor enhancers that are added to food products to enhance their flavors and aroma without having the need to contribute the separate ones of their own. These are used in different applications in the food industry and used as a general tonic for the digestive tract and antiseptic properties.

Based on type, the Monosodium Glutamate (MSG) segment is likely to have a huge demand due to its cost-effectiveness and broad appliance in food applications. It is sodium salt of glutamic acid and is tasteless. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due shifting food consumption pattern, rapid urbanization and rise in disposable income of the consumers in countries like China and India.

Some of the key players profiled in the Savory Ingredients Market include ABF Ingredients (OHLY), ADM, Ajinomoto Co Inc, AngelYeast Co Ltd, Cargill, Givaudan S.A., Kerry Group plc, Koninklijke DSM N.V., Lesaffre Group, Novozymes, Sensient Technologies Corporation, Symrise, Synergy Flavors, Tate & Lyle plc and Vedan International (Holdings) Limited.

What our report offers:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Savory Ingredients Market, By Sales Channel
5.1 Introduction
5.2 Service Provider
5.3 Aftermarket

6 Global Savory Ingredients Market, By Production Technique
6.1 Introduction
6.2 Heat Treatment
6.3 Acid Treatment
6.4 Maillard Reaction

7 Global Savory Ingredients Market, By Origin
7.1 Introduction
7.2 Natural
7.2.1 Vegetable Extracts
7.2.2 Animal Derived
7.2.3 Microbial
7.3 Synthetic

8 Global Savory Ingredients Market, By Form
8.1 Introduction
8.2 Powder
8.3 Liquid
8.4 Other Forms
8.4.1 Spray
8.4.2 Paste

9 Global Savory Ingredients Market, By Type
9.1 Introduction
9.2 Ribonucleotides
9.3 Yeast Extract
9.4 Starch
9.5 Protein
9.5.1 Hydrolyzed Vegetable Protein
9.5.2 Hydrolyzed Animal Protein
9.6 Monosodium Glutamate (MSG)
9.7 Nucleotides
9.8 Other Types
9.8.1 Soy Sauce Powder
9.8.2 Savory Spice Mix

10 Global Savory Ingredients Market, By Application
10.1 Introduction
10.2 Food
10.2.1 Soup & Sauces
10.2.2 Snacks
10.2.3 Meat & Seafood
10.2.4 Prepared Meals
10.2.5 Dehydrated Noodles
10.2.6 Ready-To-Eat Meals
10.2.7 Seasonings
10.2.8 Pet Food
10.2.9 Dips
10.2.10 Bakery Products
10.3 Feedstuff

11 Global Savory Ingredients Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa

12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 Company Profiling
13.1 ABF Ingredients (OHLY)
13.2 ADM
13.3 Ajinomoto Co Inc
13.4 AngelYeast Co Ltd
13.5 Cargill
13.6 Givaudan S.A.
13.7 Kerry Group plc
13.8 Koninklijke DSM N.V.
13.9 Lesaffre Group
13.10 Novozymes
13.11 Sensient Technologies Corporation
13.12 Symrise
13.13 Synergy Flavors
13.14 Tate & Lyle plc
13.15 Vedan International (Holdings) Limited

For more information about this report visit https://www.researchandmarkets.com/r/7kai3c

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets