Savory Ingredients Market Research Report – Forecast to 2027

Global Savory Ingredients Market Research Report: Information by Type (Yeast Extract, Starch, Protein, Monosodium Glutamate and Nucleotides), Source (Natural and Synthetic), Application (Food and Feed) and Region – Forecast till 2027

ID: MRFR/F-B & N/1286-HCR | February 2021 | Region: Global | 110 pages

Please note that assessment period of the report has been updated from 2017-2023 to 2020-2027. Cordially Contact Us for details.

Market Synopsis of Savory Ingredients Market:


Market Definition:


Savory ingredients are flavor enhancers which alter the flavors of food items which is used as an additive in food processing to improve the quality and shelf life of food products. It is used as a food additive which helps in enhancing the aroma, delicious and authentic taste to food products. The major types of savory ingredients are yeast extract, starch, protein, monosodium glutamate, nucleotides, and others. it is also used in the food industry(soups, dips, meat & seafood, instant noodles & sauces, bakery products, and savory snacks) due to increasing in demand of ready-to-cook and ready-to-eat food products and changing consumption pattern. These are used as a thickening agent, stabilizers, and emulsifiers in various food products. Broad applications across various industries help to anticipated the savory Ingredients market growth across various regions.


Market Scenario:


Savory Ingredients are used in food & beverages and pet industry for several purposes, such as enhance flavors, aroma, and taste of the products. It provides appealing texture and maintains product quality. These ingredients give a natural aromatic flavor and are mostly used in the production of instant food, meat products, nutritional food, and seasonings. Moreover, these ingredient is cost-effective, due to which many food processing industries is using them as a stabilizer, emulsifier, thickening agent and others in food products which is also expected to fuel savory ingredients market growth.


Increasing health consciousness among the consumers and increase in demand of ready to eat and cook food products is fueling the growth of the global food savory ingredients market.


There is a growing demand for healthy and nutritious food products, including products with “all-natural” and “clean label” claims. Advancements in technology and improved distribution networks in developing countries have led to substantial growth opportunities for the savory ingredients. Furthermore, increased focus on R&D is fetching innovations in a diverse set of applications in several product categories.


  Key Findings:



  • Increased demad in processed food and culinary products is projected to experience a high demand from North America and Europe

  • Increasing demand for high-quality food products and changing consumption pattern increase the demand for natural flavors, such as Umami are the major driving factor for this market.


Segments:


The global savory ingredients market is segmented into type, source, function, and application.


On the basis of type, savory ingredients market is segmented into yeast extract, starch, protein, monosodium glutamate, nucleotides and others. Among all, the monosodium glutamate segment will witness exponential growth rate during the forecast period, as it acts as a thickening and stabilizing agent in food products.


On the basis of source, savory ingredients market is segmented into natural and synthetic. Among all, natural source segment holds the major market share, due to health consciousness among consumers.


On the basis of application, it is segmented into food and feed. Among all, the  food segment dominates the market followed by feed industries owning to its high application as a food texture enhancer.


Regional Analysis:


North America will witness maximum growth in the Savory Ingredients market followed by Europe. In terms of value, the market size of North America will continue to be high with more than half of the market share. The increasing per capita disposable income in India and China and growing demand for ready-to-cook and ready-to-eat food products will drive the demand for savory Ingredients.


Furthermore, changing lifestyle and shifting food consumption pattern in countries like China and India will propel the growth of savory ingredients in the Asia Pacific. High volume consumption of sauces and noodles in Asia Pacific region is expected to grow the fastest in near future.


Key Players:


Some of the key players profiled in the global Savory Ingredients market: Koninklijke DSM N.V. (Netherlands), Ajinomoto Co. Inc. (Japan), Kerry Group plc (Ireland), Tate & Lyle plc (UK), Givaudan S.A. (Switzerland), Symrise AG (Germany), Sensient Technologies Corporation (U.S.), Vedan International (Holdings) Limited (Hong Kong), AngelYeast Co. Ltd. (China) and among others.


The global Savory Ingredients market is segmented into the following regions


North America



  • U.S.

  • Canada

  • Mexico


Europe



  • Germany

  • France

  • Italy

  • Spain

  • U.K

  • Rest of Europe


Asia Pacific



  • China

  • India

  • Australia

  • Japan

  • Rest of Asia Pacific


Rest of the world



  • Brazil

  • Argentina

  • South Africa

  • Others


Intended Audience:



  • Savory Ingredients Manufacturers/ Dealers

  • Processed Food Manufacturers

  • Research Institutes and Organizations

  • Savory ingredients importers and exporters



Table of Content

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.1.1 Initial Data Exploration

1.1.2 Statistical Modelling and Forecast

1.1.3 Industry Insights and Validation

1.2. Data Sources

Chapter 2. Executive Summary

2.1. Savory Ingredients Market Synopsis, 2020-2027

2.1.1 Business Trends

2.1.2 Product Type Trends

2.1.3 Product Source Trends

2.1.4 Product Function Trends

2.1.4 Product Application Trends

Chapter 3 Savory Ingredients Market Insights

3.1 Industry Segmentation

3.2 Industry Size and Forecast

3.3 Industry Ecosystem Analysis

3.4 Industry Impact Forces

3.4.1 Growth Drivers

3.4.1.1 Wide application in food products

3.4.1.2 Growing demand for ready to eat food products among consumer

3.4.2 Industry Pitfalls & Challenges

3.4.2.1 Fluctuating Prices of Raw Materials varies with seasonal change

3.5 Growth Potential Analysis

3.6 Company Market Share Analysis, 2016

3.7 Porter’s Analysis

3.8 PESTEL Analysis

Chapter 4 Savory Ingredients by Type Insights

4.1 Global Savory Ingredients Market Value Share by Type, 2020-2027

4.1.1 Yeast Extracts

4.1.1.1 Market Estimates & Forecast, 2020-2027

4.1.2 Starch

4.1.2.1 Market Estimates & Forecast, 2020-2027

4.1.3 Protein

4.1.3.1 Market Estimates & Forecast, 2020-2027

4.1.4 Monosodium Glutamate

4.1.4.1 Market Estimates & Forecast, 2020-2027

4.1.5 Nucleotides

4.1.5.1 Market Estimates & Forecast, 2020-2027

4.1.6 Others

4.1.6.1 Market Estimates & Forecast, 2020-2027

Chapter 5 Savory Ingredients by Source Insights

5.1 Global Savory Ingredients Market Value Share by Source, 2020 & 2027

5.1.1 Natural

5.1.1.1 Market Estimates & Forecast, 2020-2027

5.1.2 Synthetic

5.1.2.1 Market Estimates & Forecast, 2020-2027

Chapter 6 Savory Ingredients by Form Insights

6.1 Global Savory Ingredients Market Value Share by Form, 2020-2027

6.1.1 Liquid

6.1.1.1 Market Estimates & Forecast, 2020-2027

6.1.2 Powder

6.1.1.2 Market Estimates & Forecast, 2020-2027

6.1.3 Others

6.1.1.3 Market Estimates & Forecast, 2020-2027

Chapter 7 Savory Ingredients by Application Insights

7.1 Global Savory Ingredients Market Value Share by Application, 2020-2027

7.1.1 Food

7.1.1.1 Market Estimates & Forecast, 2020-2027

7.1.2 Feed

7.1.1.2 Market Estimates & Forecast, 2020-2027

Chapter 8 Savory Ingredients Regional Insights

8.1 Savory Ingredients Market Value Share by Region, 2020 & 2027.

8.2 North America

8.2.1 U.S.

8.2.1.1 Market Estimates & Forecast, 2020-2027

8.2.1.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.1.3 Market Estimates & Forecast, by Source, 2020-2027

8.2.1.4 Market Estimates & Forecast, by Function, 2020-2027

8.2.1.5 Market Estimates & Forecast, by Application, 2020-2027

8.2.2 Canada

8.2.2.1 Market Estimates & Forecast, 2020-2027

8.2.2.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.2.3 Market Estimates & Forecast, by Source, 2020-2027

8.2.2.4 Market Estimates & Forecast, by Function, 2020-2027

8.2.2.5 Market Estimates & Forecast, by Application, 2020-2027

8.2.3 Mexico

8.2.3.1 Market Estimates & Forecast, 2020-2027

8.2.3.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.3.3 Market Estimates & Forecast, by Source, 2020-2027

8.2.3.4 Market Estimates & Forecast, by Function, 2020-2027

8.2.3.5 Market Estimates & Forecast, by Application, 2020-2027

8.3 Europe

8.3.1 Germany

8.3.1.1 Market Estimates & Forecast, 2020-2027

8.3.1.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.1.3 Market Estimates & Forecast, by Source, 2020-2027

8.3.1.4 Market Estimates & Forecast, by Function, 2020-2027

8.3.1.5 Market Estimates & Forecast, by Application, 2020-2027

8.3.2 U.K

8.3.2.1 Market Estimates & Forecast, 2020-2027

8.3.2.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.2.3 Market Estimates & Forecast, by Source, 2020-2027

8.3.2.4 Market Estimates & Forecast, by Function, 2020-2027

8.3.2.5 Market Estimates & Forecast, by Application, 2020-2027

8.3.3 France

8.3.3.1 Market Estimates & Forecast, 2020-2027

8.3.3.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.3.3 Market Estimates & Forecast, by Source, 2020-2027

8.3.3.4 Market Estimates & Forecast, by Function, 2020-2027

8.3.3.5 Market Estimates & Forecast, by Application, 2020-2027

8.3.4 Italy

8.3.4.1 Market Estimates & Forecast, 2020-2027

8.3.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.4.3 Market Estimates & Forecast, by Source, 2020-2027

8.3.4.4 Market Estimates & Forecast, by Function, 2020-2027

8.3.4.5 Market Estimates & Forecast, by Application, 2020-2027

8.4 Asia Pacific

8.4.1 China

8.4.1.1 Market Estimates & Forecast, 2020-2027

8.4.1.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.1.3 Market Estimates & Forecast, by Source, 2020-2027

8.4.1.4 Market Estimates & Forecast, by Function, 2020-2027

8.4.1.5 Market Estimates & Forecast, by Application, 2020-2027

8.4.2 India

8.4.2.1 Market Estimates & Forecast, 2020-2027

8.4.2.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.2.3 Market Estimates & Forecast, by Source, 2020-2027

8.4.2.4 Market Estimates & Forecast, by Function, 2020-2027

8.4.2.5 Market Estimates & Forecast, by Application, 2020-2027

8.4.3 Japan

8.4.3.1 Market Estimates & Forecast, 2020-2027

8.4.3.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.3.3 Market Estimates & Forecast, by Source, 2020-2027

8.4.3.4 Market Estimates & Forecast, by Function, 2020-2027

8.4.3.5 Market Estimates & Forecast, by Application, 2020-2027

8.5 ROW

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.3 Market Estimates & Forecast, by Source, 2020-2027

8.5.4 Market Estimates & Forecast, by Function, 2020-2027

8.5.5 Market Estimates & Forecast, by Application, 2020-2027

Chapter 9 Competitor Profile

9.1 Koninklijke DSM N.V. (Netherlands)

9.1.1 Business Overview

9.1.2 Financial Data

9.1.3 Product Landscape

9.1.4 Key Developments

9.1.5 Business Strategy

9.1.6 SWOT Analysis

9.2 Ajinomoto Co. Inc. (Japan)

9.2.1 Business Overview

9.2.2 Financial Data

9.2.3 Product Landscape

9.2.4 Key Developments

9.2.5 Business Strategy

9.2.6 SWOT Analysis

9.3 Kerry Group plc (Ireland)

9.3.1 Business Overview

9.3.2 Financial Data

9.3.3 Product Landscape

9.3.4 Key Developments

9.3.5 Business Strategy

9.3.6 SWOT Analysis

9.4 Tate & Lyle plc (UK)

9.4.1 Business Overview

9.4.2 Financial Data

9.4.3 Product Landscape

9.4.4 Key Developments

9.4.5 Business Strategy

9.4.6 SWOT Analysis

9.5 Givaudan S.A. (Switzerland)

9.5.1 Business Overview

9.5.2 Financial Data

9.5.3 Product Landscape

9.5.4 Key Developments

9.5.5 Business Strategy

9.5.6 SWOT Analysis

9.6 Symrise AG (Germany)

9.6.1 Business Overview

9.6.2 Financial Data

9.6.3 Product Landscape

9.6.4 Key Developments

9.6.5 Business Strategy

9.6.6 SWOT Analysis

9.7 Sensient Technologies Corporation (U.S.)

9.7.1 Business Overview

9.7.2 Financial Data

9.7.3 Product Landscape

9.7.4 Key Developments

9.7.5 Business Strategy

9.7.6 SWOT Analysis

9.9 Vedan International (Holdings) Limited (Hong Kong)

9.9.1 Business Overview

9.9.2 Financial Data

9.9.3 Product Landscape

9.9.4 Key Developments

9.9.5 Business Strategy

9.9.6 SWOT Analysis

9.10 AngelYeast Co. Ltd. (China)

9.10.1 Business Overview

9.10.2 Financial Data

9.10.3 Product Landscape

9.10.4 Key Developments

9.10.5 Business Strategy

9.10.6 SWOT Analysis

Data Tables

TABLE 1 PESTLE ANALYSIS – U.S.

TABLE 2 PESTLE ANALYSIS- CANADA

TABLE 3 PESTLE ANALYSIS- CHINA

TABLE 4 PESTLE ANALYSIS- FRANCE

TABLE 5 PESTLE ANALYSIS- U.K

TABLE 6 KEY SUPPLIERS OF SAVORY INGREDIENTS

TABLE 7 GLOBAL MARKET FOR SAVORY INGREDIENTS, BY Type, (2020-2027), USD MILLION

TABLE 8 GLOBAL MARKET FOR SAVORY INGREDIENTS, BY Source, (2020-2027), USD MILLION

TABLE 9 GLOBAL MARKET FOR SAVORY INGREDIENTS, BY Function, (2020-2027), USD MILLION

TABLE 10 GLOBAL MARKET FOR SAVORY INGREDIENTS, BY Application, (2020-2027), USD MILLION

TABLE 11 GLOBAL SAVORY INGREDIENTS SALES AND GROWTH RATE (2020-2027) USD MILLION

TABLE 12 GLOBAL MARKET FOR SAVORY INGREDIENTS TOP 5 COUNTRIES

TABLE 13 GLOBAL MARKET FOR SAVORY INGREDIENTS TOP COMPANIES-USD MILLION

TABLE 14 NORTH AMERICAN MARKET FOR SAVORY INGREDIENTS, BY TYPE, (2020-2027) USD MILLION

TABLE 15 NORTH AMERICAN MARKET FOR SAVORY INGREDIENTS, BY Source, (2020-2027), USD MILLION

TABLE 16 NORTH AMERICAN MARKET FOR SAVORY INGREDIENTS, BY Function, (2020-2027), USD MILLION

TABLE 17 NORTH AMERICAN MARKET FOR SAVORY INGREDIENTS, BY Application, (2020-2027), USD MILLION

TABLE 18 EUROPEAN MARKET FOR SAVORY INGREDIENTS, BY TYPE, (2020-2027) USD MILLION

TABLE 19 EUROPEAN MARKET FOR SAVORY INGREDIENTS, BY Source, (2020-2027), USD MILLION

TABLE 20 EUROPEAN MARKET FOR SAVORY INGREDIENTS, BY Function, (2020-2027), USD MILLION

TABLE 21 EUROPEAN MARKET FOR SAVORY INGREDIENTS, BY Application, (2020-2027), USD MILLION

TABLE 22 ASIA PACIFIC MARKET FOR SAVORY INGREDIENTS, BY TYPE, (2020-2027) USD MILLION

TABLE 23 ASIA PACIFIC MARKET FOR SAVORY INGREDIENTS, BY Source, (2020-2027), USD MILLION

TABLE 24 ASIA PACIFIC MARKET FOR SAVORY INGREDIENTS, BY Function, (2020-2027), USD MILLION

TABLE 25 ASIA PACIFIC MARKET FOR SAVORY INGREDIENTS, BY Application, (2020-2027), USD MILLION

TABLE 26 REST OF THE WORLD MARKET FOR SAVORY INGREDIENTS, BY TYPE, (2020-2027) USD MILLION

TABLE 27 REST OF THE WORLD MARKET FOR SAVORY INGREDIENTS, BY Source, (2020-2027), USD MILLION

TABLE 28 REST OF THE WORLD MARKET FOR SAVORY INGREDIENTS, BY Function, (2020-2027), USD MILLION

TABLE 29 REST OF THE WORLD MARKET FOR SAVORY INGREDIENTS, BY Application, (2020-2027), USD MILLION

TABLE 30 COMPETITIVE LANDSCAPING BASED ON FINANCIALS DURING THE YEAR 2016 

Charts & Figures

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH

FIGURE 4 TRENDS IN SAVORY INGREDIENTS IMPORTS 2011-16

FIGURE 5 GROWTH RATE IN SAVORY INGREDIENTS IMPORTS 2011-16

FIGURE 6 SAVORY INGREDIENTS IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2011 VS 2016)

FIGURE 7 TRENDS IN SAVORY INGREDIENTS EXPORTS 2011-16

FIGURE 8 GROWTH RATE SAVORY INGREDIENTS EXPORTS 2011-16

FIGURE 9 SAVORY INGREDIENTS EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2011 VS 2016)

FIGURE 10 VALUE CHAIN ANALYSIS

FIGURE 11 COST ANALYSIS: SAVORY INGREDIENTS

FIGURE 12 PORTER’S FIVE FORCES ANALYSIS

FIGURE 13 GLOBAL MARKET FOR SAVORY INGREDIENTS TRENDS BY TYPE

FIGURE 14 GLOBAL MARKET FOR SAVORY INGREDIENTS TRENDS BY SOURCE

FIGURE 15 GLOBAL MARKET FOR SAVORY INGREDIENTS TRENDS BY FUNCTION

FIGURE 16 GLOBAL MARKET FOR SAVORY INGREDIENTS TRENDS BY APPLICATION

FIGURE 1 FINANCIALS