Increase
in Demand for Low-Calorie Food & Beverage Products to Drive the Growth of
the Taste Modulators Market: Driving Factors
- The taste modulators market is estimated at USD 1,108.0 Mn in 2018. and is to grow at a CAGR of 10.7% to reach USD XX Mn by 2025.
- The market growth can be attributed to the rise in awareness among consumers about health issues related to increase in consumption of sweet and salted food & Beverage products.
- Geographic expansion in emerging markets and lucrative strategic initiatives offer opportunities for establishing strong market positions in regions Such as Asia Pacific.
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The key
manufacturers in the market include:
·
DSM (Netherlands)
·
Kerry (Ireland)
·
Ingredion (US)
·
Givaudan (Switzerland)
·
Firmenich (Switzerland)
·
International Flavors and Fragrances (US)
·
Symrise (Germany)
·
Sensient Technologies (US)
·
The Flavor Factory (US)
·
Carmi Flavor & Fragrance (US)
·
Flavorchem Corporation (US)
·
Senomyx (US).
These companies have diversified product portfolios and advanced
technologies for taste modulators at major strategic locations.
Area wise analysis, North America could
be driving the worldwide taste modulators Market as the district has seen
the tremendous accessibility of different sustenance’s alongside event of
wellbeing related issues. Increment in the reception of low-calorie and low-fat
substance sustenance’s and rising buyer inclination for sound items is
additionally expected to fuel the taste modulators Market in the area. Numerous
makers in the US receive an advanced methodology towards making taste
modulators to supply nourishment items with wholesome advantages with a scope
of different tastes. Other conspicuous locale in the worldwide taste modulators
market could be Asia Pacific. It is the expanding instances of diabetes and
corpulence that could be in charge of driving interest in the area.
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Scope of the Report
Scope of the Report
On the basis of Type, the taste modulators market has been
segmented into the following:
- Sweet modulators
- Salt modulators
- Fat modulators
On the basis of Application, the taste modulators market has been
segmented into the following:
·
Food
o
Bakery products
o
Confectionery products
o
Snacks & Savory products
o
Meat products
o
Other foods (cereals, sauces & dressings, and seasonings)
·
Beverages
o
Alcoholic
o
Non-alcoholic
On the basis of Region, the taste modulators market has been
segmented into the following:
- North America
- Europe
- Asia Pacific
- Rest of the World (South America and the Middle East
& Africa)
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