According to a market report by Lucintel, the future of the flavor enhancers market looks promising with opportunities in the processed & convenience foods, beverages, and meat & fish products industries. The global flavor enhancers market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are increasing demand for growing demand for processed and convenience foods and growing consumption of monosodium glutamate (MSG).
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In this market, different types of flavor enhancers, such as glutamates, acidulants, hydrolyzed vegetable protein, and yeast extracts are used in food and beverages industries. Glutamates will remain the largest product type over the forecast period due to increasing demand for monosodium glutamate (MSG) in meat products and savory foods.
Within the flavor enhancers market, processed & convenience foods will remain the largest application during the forecast period due to its usage to enhance the umami taste in processed & convenience foods.
Asia Pacific will remain the largest region the forecast period due to growth of processed & convenience foods industry in developing countries such as China and India
Cargill, Tate & Lyle, Associated British Foods plc, Corbion, Sensient Technologies, Novozymes, E.I. DuPont de Nemours and Company, Angel Yeast, Innova Flavors, Savoury Systems International, Senomyx, and Ajinomoto are among the major flavor enhancers manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global flavor enhancers market by type, application, form, source, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Flavor Enhancers Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global flavor enhancers market by type, application, form, source, and region as follows:
By Type [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Acidulants
Glutamates
Hydrolyzed vegetable protein
Yeast extracts
Others
By Application [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Processed & convenience foods
Beverages
Meat & fish products
Others
By Form [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Powder
Liquid & semi-liquid
By Source [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
By Region [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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