The global Food Flavor Enhancers Market, valued at USD 6.6 billion in 2019, is projected to reach USD 11.5 billion by 2027, exhibiting a compound annual growth rate (CAGR) of 6.5%. These enhancers play a crucial role in providing taste to processed food and beverage products, serving as essential components within a broader market that supplies various ingredients utilized by consumer product companies to enhance flavor. The demand for food flavorings has been steadily increasing due to the significant shifts brought about by the increasingly industrialized lifestyle. As food production has transitioned from individual households to skilled craftsmen and ultimately to the food industry, the need for flavors has similarly escalated.
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Top Companies Operating in the Global Food Flavor Enhancers Market Report:
Tate Lyle PLC, Cargill, Corbion N.V., Associated British Foods plc, Sensient Technologies, ADM, Novozymes A/S, E.I. Dupont, Angel Yeast Co., Ltd, Innova Flavors, Savoury Systems International, Inc., Senomyx, Inc and Ajinomoto Co, Inc.
Notable Innovations In Food Flavor Enhancers Market:
- Plant-based flavor enhancers: With the rise of veganism and the increasing concern for sustainability, plant-based flavor enhancers have become popular. Companies are using natural ingredients such as mushrooms, seaweed, and herbs to create unique and flavorful enhancers.
- Clean label flavor enhancers: Consumers are becoming more aware of the ingredients in their food, leading to a demand for clean label products. Companies are using natural and organic ingredients to create flavor enhancers without any artificial additives or preservatives.
- Fermentation-based flavor enhancers: Fermentation is a natural process that can enhance the flavors of food. Companies are using fermentation to create flavor enhancers such as lactic acid, which can also act as a preservative.
The global Food Flavor Enhancers Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Further market segmentation
Type Outlook:
- Glutamates
- Acidulants
- Hydrolyzed vegetable protein
- yeast extracts
- Others (sweetness enhancers and nucleotides)
Application Outlook:
- Processed convenience foods
- Meat fish products
- Beverages
- Bakery
- Confectionery products
- Dairy
- others
Source Outlook:
- Natural
- Synthetic
Form Outlook:
- Powder
- Liquid semi-liquid
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