Taste Modulators Market Research Report - Global Forecast till 2024

Global Taste Modulators Market Research Report: Information by Type (Sweet Modulators, Salt Modulators, Others), Application (Dairy & Frozen Desserts, Bakery & Confectionary, Beverages, Snacks & Savoury, Meat, Poultry, & Seafood), & Region—Forecast till 2024

ID: MRFR/F-B & N/6322-HCR | February 2021 | Region: Global | 90 pages

Market Scenario


Taste modulators are additives that modify the taste and improve the mouthfeel of various food products or beverages. They help in enhancing the existing flavour, masking off-notes, and replacing the lost flavor of beverages and food products. The global taste modulators market is expected to register an impressive CAGR during the forecast period owing to the rising health awareness among consumers. The growing number of health-conscious people across the globe is boosting the demand for healthy food products and beverages, which, in turn, is driving the consumption of taste modulators as a food additive. Additionally, increasing awareness of the ill-effects of excess consumption of salt and sugar is also a crucial determinant catalysing market growth. Sweet modulators help in enhancing the sweetness of food products and beverages with low-calorie sweeteners or sugar substitutes.


The implementation of stringent regulations regarding the use of additives and taste modulators, especially in North America and Europe, is impeding the growth of the taste modulators market. Manufacturers of artificial and natural sweeteners must comply with rigorous health and safety regulations during production. However, favourable US regulations for the introduction of novel sweeteners is expected to render lucrative opportunities for market players active in the country.


Segmentation


The global taste modulators market has been segmented based on type, application, and region.


Based on type, the global taste modulators market has been divided into sweet modulators, salt modulators, and others.


The global taste modulators market has also been classified, on the basis of application, as dairy and frozen desserts, bakery and confectionary, beverages, snacks and savory products, meat, poultry, and seafood products, and others.


The global taste modulators market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American taste modulators market has further been segmented into the US, Canada, and Mexico. The European taste modulators market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The taste modulators market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The taste modulators market in the rest of the world has been segmented into South America, the Middle East, and Africa.


Key Players


Givaudan (Switzerland), Koninklijke DSM N.V. (Netherlands), Kerry Group plc (Ireland), Sensient Technologies Corporation (US), Ingredion Incorporated (US), Carmi Flavor & Fragrance Co., Inc. (US), Firmenich SA (Switzerland), International Flavors & Fragrances Inc. (US), Symrise (Germany), and The Flavor Factory (US) are some of the key players in the global taste modulators market.


Regional Market Summary


Global Taste Modulators Market Share (%), by Region, 2018
Global Taste Modulators Market Share (%), by Region, 2018
Source: Secondary Sources and MRFR Analysis


North America is expected to dominate the global taste modulators market during the forecast period due to the increasing demand for healthy food ingredients in the region. The presence of prominent market players in North America is also expected to catalyse the regional market growth. Asia-pacific is expected to register the highest CAGR during the forecast period of 2019 to 2024 owing to the rising health awareness and growing presence of market players in the region.


Global Taste Modulators Market, by Type



  • Sweet Modulators

  • Salt Modulators

  • Others


Global Taste Modulators Market, by Application



  • Dairy and Frozen Desserts

  • Bakery and Confectionary

  • Beverages

  • Snacks and Savory Products

  • Meat, Poultry, and Seafood Products

  • Others


Global Taste Modulators Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Key Players in the Global Taste Modulators Market



  • Givaudan (Switzerland)

  • Koninklijke DSM N.V. (Netherlands)

  • Kerry Group plc (Ireland)

  • Sensient Technologies Corporation (US)

  • Ingredion Incorporated (US)

  • Carmi Flavor & Fragrance Co., Inc. (US)

  • Firmenich SA (Switzerland)

  • International Flavors & Fragrances Inc. (US)

  • Symrise (Germany)

  • The Flavor Factory (US)


Intended Audience



  • Taste modulator producers/suppliers

  • Food manufacturers/processors

  • Beverage manufacturers/processors

  • Food & beverage associations

  • Food ingredient manufacturers

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of the Global Taste Modulators Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Taste Modulators Market, by Type

6.1 Introduction

6.2 Sweet Modulators

6.2.1 Market Estimates & Forecast, 2019–2024

6.2.2 Market Estimates & Forecast, by Region, 2019–2024

6.3 Salt Modulators

6.3.1 Market Estimates & Forecast, 2019–2024

6.3.2 Market Estimates & Forecast, by Region, 2019–2024

6.4 Others

6.4.1 Market Estimates & Forecast, 2019–2024

6.4.2 Market Estimates & Forecast, by Region, 2019–2024

7. Global Taste Modulators Market, by Application

7.1 Introduction

7.2 Dairy & Frozen Desserts

7.2.1 Market Estimates & Forecast, 2019–2024

7.2.2 Market Estimates & Forecast, by Region, 2019–2024

7.3 Bakery & Confectionery

7.3.1 Market Estimates & Forecast, 2019–2024

7.3.2 Market Estimates & Forecast, by Region, 2019–2024

7.4 Beverages

7.4.1 Market Estimates & Forecast, 2019–2024

7.4.2 Market Estimates & Forecast, by Region, 2019–2024

7.5 Snacks & Savory Products

7.5.1 Market Estimates & Forecast, 2019–2024

7.5.2 Market Estimates & Forecast, by Region, 2019–2024

7.6 Meat, Poultry, & Seafood Products

7.6.1 Market Estimates & Forecast, 2019–2024

7.6.2 Market Estimates & Forecast, by Region, 2019–2024

7.7 Others

7.7.1 Market Estimates & Forecast, 2019–2024

7.7.2 Market Estimates & Forecast, by Region, 2019–2024

8. Global Taste Modulators Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2019–2024

8.2.2 Market Estimates & Forecast, by Type, 2019–2024

8.2.3 Market Estimates & Forecast, by Application, 2019–2024

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2019–2024

8.2.4.2 Market Estimates & Forecast, by Type, 2019–2024

8.2.4.3 Market Estimates & Forecast, by Application, 2019–2024


8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2019–2024

8.2.5.2 Market Estimates & Forecast, by Type, 2019–2024

8.2.5.3 Market Estimates & Forecast, by Application, 2019–2024

8.2.6 Mexico

8.2.6.1 Market Estimates & Forecast, 2019–2024

8.2.6.2 Market Estimates & Forecast, by Type, 2019–2024

8.2.6.3 Market Estimates & Forecast, by Application, 2019–2024

8.3 Europe

8.3.1 Market Estimates & Forecast, 2019–2024

8.3.2 Market Estimates & Forecast, by Type, 2019–2024

8.3.3 Market Estimates & Forecast, by Application, 2019–2024

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2019–2024

8.3.4.2 Market Estimates & Forecast, by Type, 2019–2024

8.3.4.3 Market Estimates & Forecast, by Application, 2019–2024

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2019–2024

8.3.5.2 Market Estimates & Forecast, by Type, 2019–2024

8.3.5.3 Market Estimates & Forecast, by Application, 2019–2024

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2019–2024

8.3.6.2 Market Estimates & Forecast, by Type, 2019–2024

8.3.6.3 Market Estimates & Forecast, by Application, 2019–2024

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2019–2024

8.3.7.2 Market Estimates & Forecast, by Type, 2019–2024

8.3.7.3 Market Estimates & Forecast, by Application, 2019–2024

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2019–2024

8.3.8.2 Market Estimates & Forecast, by Type, 2019–2024

8.3.8.3 Market Estimates & Forecast, by Application, 2019–2024

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2019–2024

8.3.9.2 Market Estimates & Forecast, by Type, 2019–2024

8.3.9.3 Market Estimates & Forecast, by Application, 2019–2024

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2019–2024

8.4.2 Market Estimates & Forecast, by Type, 2019–2024

8.4.3 Market Estimates & Forecast, by Application, 2019–2024

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2019–2024

8.4.4.2 Market Estimates & Forecast, by Type, 2019–2024

8.4.4.3 Market Estimates & Forecast, by Application, 2019–2024

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2019–2024

8.4.5.2 Market Estimates & Forecast, by Type, 2019–2024

8.4.5.3 Market Estimates & Forecast, by Application, 2019–2024

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2019–2024

8.4.6.2 Market Estimates & Forecast, by Type, 2019–2024

8.4.6.3 Market Estimates & Forecast, by Application, 2019–2024

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2019–2024

8.4.7.2 Market Estimates & Forecast, by Type, 2019–2024

8.4.7.3 Market Estimates & Forecast, by Application, 2019–2024

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2019–2024

8.4.8.2 Market Estimates & Forecast, by Type, 2019–2024

8.4.8.3 Market Estimates & Forecast, by Application, 2019–2024

8.5 Rest of the World (RoW)

8.5.1 Market Estimates & Forecast, 2019–2024

8.5.2 Market Estimates & Forecast, by Type, 2019–2024

8.5.3 Market Estimates & Forecast, by Application, 2019–2024

8.5.4 South America

8.5.4.1 Market Estimates & Forecast, 2019–2024

8.5.4.2 Market Estimates & Forecast, by Type, 2019–2024

8.5.4.3 Market Estimates & Forecast, by Application, 2019–2024

8.5.5 Middle East

8.5.5.1 Market Estimates & Forecast, 2019–2024

8.5.5.2 Market Estimates & Forecast, by Type, 2019–2024

8.5.5.3 Market Estimates & Forecast, by Application, 2019–2024

8.5.6 Africa

8.5.6.1 Market Estimates & Forecast, 2019–2024

8.5.6.2 Market Estimates & Forecast, by Type, 2019–2024

8.5.6.3 Market Estimates & Forecast, by Application, 2019–2024

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/Mergers and Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

10. Company Profiles

10.1 Givaudan

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Koninklijke DSM N.V.

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Kerry Group plc

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Sensient Technologies Corporation

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Ingredion Incorporated

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Carmi Flavor & Fragrance Co., Inc.

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Firmenich SA

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 International Flavors & Fragrances Inc.

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Symrise

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 The Flavor Factory

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Global Taste Modulators Market, by Region, 2019–2024 (USD Million)

Table 2 Global Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 3 Global Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 4 North America: Taste Modulators Market, by Country, 2019–2024 (USD Million)

Table 5 North America: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 6 North America: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 7 US: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 8 US: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 9 Canada: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 10 Canada: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 11 Mexico: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 12 Mexico: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 13 Europe: Taste Modulators Market, by Country, 2019–2024 (USD Million)

Table 14 Europe: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 15 Europe: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 16 Germany: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 17 Germany: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 18 France: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 19 France: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 20 Italy: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 21 Italy: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 22 Spain: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 23 Spain: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 24 UK: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 25 UK: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 26 Rest of Europe: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 27 Rest of Europe: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 28 Asia-Pacific: Taste Modulators Market, by Country, 2019–2024 (USD Million)

Table 29 Asia-Pacific: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 30 Asia-Pacific: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 31 China: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 32 China: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 33 India: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 34 India: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 35 Japan: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 36 Japan: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 37 Australia & New Zealand: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 38 Australia & New Zealand: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 39 Rest of Asia-Pacific: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 40 Rest of Asia-Pacific: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 41 Rest of the World (RoW): Taste Modulators Market, by Country, 2019–2024 (USD Million)

Table 42 Rest of the World (RoW): Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 43 Rest of the World (RoW): Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 44 South America: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 45 South America: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 46 Middle East: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 47 Middle East: Taste Modulators Market, by Application, 2019–2024 (USD Million)

Table 48 Africa: Taste Modulators Market, by Type, 2019–2024 (USD Million)

Table 49 Africa: Taste Modulators Market, by Application, 2019–2024 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Taste Modulators Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Taste Modulators Market

FIGURE 4 Value Chain of the Global Taste Modulators Market

FIGURE 5 Share of the Global Taste Modulators Market in 2018, by Country (%)

FIGURE 6 Global Taste Modulators Market, by Region, 2019–2024,

FIGURE 7 Global Taste Modulators Market Size, by Type, 2018

FIGURE 8 Share of the Global Taste Modulators Market, by Type, 2019–2024 (%)

FIGURE 9 Global Taste Modulators Market Size, by Application, 2018

FIGURE 10 Share of the Global Taste Modulators Market, by Application, 2019–2024 (%)