The latest update of “Global Flavor Enhancers Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Flavor Enhancers Market.
Overview of the Flavor Enhancers Market:
Flavor enhancers are ingredients that are added to foods to add a more intense taste. These additives are most commonly found in savory products and are produced commercially in snack foods, instant soups and frozen dinners. Some examples of these flavor enhancers include sodium aspartate, di-sodium phosphate and monosodium glutamate. Salt is also an excellent natural flavor enhancer, which is one of the five basic tastes. These enhancers have several health benefits, including reduced cholesterol and blood pressure.
Growing demand for convenience food & beverage products is a prime factor augmenting growth of flavor enhancers market. Increasing consumption of glutamates that are majorly used as flavor enhancers is again fostering market growth. Advancement in the processing techniques for enhancing shelf-life of processed foods is also accelerating growth of the market. Moreover, rise in work from home has further boosted demand for packaged food, thereby uplifting growth of the market.
Asia Pacific is expected to witness significant growth over the forecast period owing to the expanding food &beverage sector and increasing population in the region. According to the India Brand Equity Foundation, food and grocery retail contribute to 70 percent of the total retail sales. According to industry estimates, the segment is growing at a rate of 104 percent and is expected to grow to US$ 482 billion by 2020.
Key Developments:
- In May 2020, CJ CheilJedang announced the launch of TasteNrich, a flavor enhancer made with all-natural ingredients in order to meet demand of growing number of health-conscious consumers uncomfortable with the use of MSG and yeast extracts.
- In September 2017, PureCircle has launched a new stevia leaf-based flavor enhancers that augment both vanilla and cocoa flavors. The new flavor enhancers build on the company’s range of flavors, allowing them to enhance key benefits such as mouthfeel, sweetness quality and different tonalities across a wide range of applications
- In July 2020, Zhou Nutrition, maker of high-quality, lab-verified supplements for holistic wellness, has launched an innovative new line, Zhou Nutrition Water Enhancers. Zhou Nutrition Water Enhancers are available in six delicious natural flavors, and support a variety of wellness needs, from hair and skin health to memory, and management of occasional stress.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Flavor Enhancers Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Flavor Enhancers Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Cargill (U.S.)
- Tate & Lyle PLC (U.K.)
- Associated British Foods plc (U.S.)
- Corbion N.V. (Netherlands)
- Sensient Technologies (U.S.)
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Flavor Enhancers Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Acidulants
- Glutamates
- Hydrolyzed vegetable protein
- yeast extracts
- Others (sweetness enhancers and nucleotides)
By Applications, the market is segmented into:
- Processed & convenience foods
- Beverages
- Meat & fish products
- others (bakery, dairy, confectionery products, and condiments)
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Flavor Enhancers Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Flavor Enhancers Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Flavor Enhancers Market
1.6.1 How the Covid-19 is Affecting the Flavor Enhancers Market
1.6.1.1 Flavor Enhancers Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Flavor Enhancers Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Flavor Enhancers Market Perspective (2015-2028)
2.2 Flavor Enhancers Market Growth Trends by Regions
2.2.1 Flavor Enhancers Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Flavor Enhancers Market Historic Market Share by Regions (2015-2021)
2.2.3 Flavor Enhancers Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Flavor Enhancers Market Growth Strategy
2.3.6 Primary Interviews with Key Flavor Enhancers Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Flavor Enhancers Market Players by Market Size
3.1.1 Global Top Flavor Enhancers Market Players by Revenue (2015-2021)
3.1.2 Global Flavor Enhancers Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Flavor Enhancers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Flavor Enhancers Market Concentration Ratio
3.2.1 Global Flavor Enhancers Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Flavor Enhancers Market Revenue in 2019
3.3 Flavor Enhancers Market Key Players Head office and Area Served
3.4 Key Players Flavor Enhancers Market Product Solution and Service
3.5 Date of entering into Flavor Enhancers Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Flavor Enhancers Market Historic Market Size by Type (2015-2021)
4.2 Global Flavor Enhancers Market Forecasted Market Size by Type (2021-2028)
5 Flavor Enhancers Market Breakdown Data by Application (2015-2028)
5.1 Global Flavor Enhancers Market Size by Application (2015-2021)
5.2 Global Flavor Enhancers Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Flavor Enhancers Market Size (2015-2021)
6.2 Flavor Enhancers Market Key Players in North America (2019-2021)
6.3 North America Flavor Enhancers Market Size by Type (2015-2021)
6.4 North America Flavor Enhancers Market Size by Application (2015-2021)
7 Europe
7.1 Europe Flavor Enhancers Market Size (2015-2021)
7.2 Flavor Enhancers Market Key Players in Europe (2019-2021)
7.3 Europe Flavor Enhancers Market Size by Type (2015-2021)
7.4 Europe Flavor Enhancers Market Size by Application (2015-2021)
8 China
8.1 China Flavor Enhancers Market Size (2015-2021)
8.2 Flavor Enhancers Market Key Players in China (2019-2021)
8.3 China Flavor Enhancers Market Size by Type (2015-2021)
8.4 China Flavor Enhancers Market Size by Application (2015-2021)
9 Japan
9.1 Japan Flavor Enhancers Market Size (2015-2021)
9.2 Flavor Enhancers Market Key Players in Japan (2019-2021)
9.3 Japan Flavor Enhancers Market Size by Type (2015-2021)
9.4 Japan Flavor Enhancers Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Flavor Enhancers Market Size (2015-2021)
10.2 Flavor Enhancers Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Flavor Enhancers Market Size by Type (2015-2021)
10.4 Southeast Asia Flavor Enhancers Market Size by Application (2015-2021)
11 India
11.1 India Flavor Enhancers Market Size (2015-2021)
11.2 Flavor Enhancers Market Key Players in India (2019-2021)
11.3 India Flavor Enhancers Market Size by Type (2015-2021)
11.4 India Flavor Enhancers Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Flavor Enhancers Market Size (2015-2021)
12.2 Flavor Enhancers Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Flavor Enhancers Market Size by Type (2015-2021)
12.4 Central & South America Flavor Enhancers Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Flavor Enhancers Market Introduction
13.4 Flavor Enhancers Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Flavor Enhancers Market Key Market Segments
Table 2. Key Players Covered: Ranking by Flavor Enhancers Market Revenue
Table 3. Ranking of Global Top Flavor Enhancers Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Flavor Enhancers Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Flavor Enhancers Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Flavor Enhancers Market Players to Combat Covid-19 Impact
Table 10. Global Flavor Enhancers Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Flavor Enhancers Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Flavor Enhancers Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Flavor Enhancers Market Share by Regions (2015-2021)
Table 14. Global Flavor Enhancers Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Flavor Enhancers Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Flavor Enhancers Market Growth Strategy
Table 20. Main Points Interviewed from Key Flavor Enhancers Market Players
Table 21. Global Flavor Enhancers Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Flavor Enhancers Market Share by Players (2015-2021)
Table 23. Global Top Flavor Enhancers Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Flavor Enhancers Market as of 2019)
Table 24. Global Flavor Enhancers Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Flavor Enhancers Market Product Solution and Service
Table 27. Date of entering into Flavor Enhancers Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Flavor Enhancers Market Size by Type (2015-2021) (Million US$)
Table 30. Global Flavor Enhancers Market Size Share by Type (2015-2021)
Table 31. Global Flavor Enhancers Market Revenue Market Share by Type (2021-2028)
Table 31. Global Flavor Enhancers Market Size Share by Application (2015-2021)
Table 33. Global Flavor Enhancers Market Size by Application (2015-2021) (Million US$)
Table 34. Global Flavor Enhancers Market Size Share by Application (2021-2028)
Table 35. North America Key Players Flavor Enhancers Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Flavor Enhancers Market Share (2019-2021)
Table 37. North America Flavor Enhancers Market Size by Type (2015-2021) (Million US$)
Table 38. North America Flavor Enhancers Market Share by Type (2015-2021)
Table 39. North America Flavor Enhancers Market Size by Application (2015-2021) (Million US$)
Table 40. North America Flavor Enhancers Market Share by Application (2015-2021)
Table 41. Europe Key Players Flavor Enhancers Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Flavor Enhancers Market Share (2019-2021)
Table 43. Europe Flavor Enhancers Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Flavor Enhancers Market Share by Type (2015-2021)
Table 45. Europe Flavor Enhancers Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Flavor Enhancers Market Share by Application (2015-2021)
Table 47. China Key Players Flavor Enhancers Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Flavor Enhancers Market Share (2019-2021)
Table 49. China Flavor Enhancers Market Size by Type (2015-2021) (Million US$)
Table 50. China Flavor Enhancers Market Share by Type (2015-2021)
Table 51. China Flavor Enhancers Market Size by Application (2015-2021) (Million US$)
Table 52. China Flavor Enhancers Market Share by Application (2015-2021)
Table 53. Japan Key Players Flavor Enhancers Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Flavor Enhancers Market Share (2019-2021)
Table 55. Japan Flavor Enhancers Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Flavor Enhancers Market Share by Type (2015-2021)
Table 57. Japan Flavor Enhancers Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Flavor Enhancers Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Flavor Enhancers Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Flavor Enhancers Market Share (2019-2021)
Table 61. Southeast Asia Flavor Enhancers Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Flavor Enhancers Market Share by Type (2015-2021)
Table 63. Southeast Asia Flavor Enhancers Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Flavor Enhancers Market Share by Application (2015-2021)
Table 65. India Key Players Flavor Enhancers Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Flavor Enhancers Market Share (2019-2021)
Table 67. India Flavor Enhancers Market Size by Type (2015-2021) (Million US$)
Table 68. India Flavor Enhancers Market Share by Type (2015-2021)
Table 69. India Flavor Enhancers Market Size by Application (2015-2021) (Million US$)
Table 70. India Flavor Enhancers Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Flavor Enhancers Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Flavor Enhancers Market Share (2019-2021)
Table 73. Central & South America Flavor Enhancers Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Flavor Enhancers Market Share by Type (2015-2021)
Table 75. Central & South America Flavor Enhancers Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Flavor Enhancers Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Flavor Enhancers Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Flavor Enhancers Market Share by Type: 2021 VS 2028
Figure 2. Global Flavor Enhancers Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Flavor Enhancers Market Report Years Considered
Figure 8. Global Flavor Enhancers Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Flavor Enhancers Market Share by Regions: 2021 VS 2028
Figure 10. Global Flavor Enhancers Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Flavor Enhancers Market Share by Players in 2019
Figure 13. Global Top Flavor Enhancers Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Flavor Enhancers Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Flavor Enhancers Market Revenue in 2019
Figure 15. North America Flavor Enhancers Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Flavor Enhancers Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Flavor Enhancers Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Flavor Enhancers Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Flavor Enhancers Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Flavor Enhancers Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Flavor Enhancers Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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