Flavour enhancers are ingredients that improve or strengthen the flavor of the food without passing on any distinctive flavour of its own. It is extensively used in the food & beverage sector for the processing of processed & convenience foods, beverages, meat & fish products, and others. Monosodium glutamate (MSG) is one of the most common flavor enhancers used in the food industry. Apart from this, acidulants, hydrolyzed vegetable proteins, and yeast extracts also play a major role as a flavour enhancer.
Promptly increasing health concerns amongst the populace has engendered the need for food products which consist of low fat, less carbohydrate, and low sugar and salt content. This has fueled the demand of flavour enhancers in the global food and beverage industry owing to its capability to improve the taste of the off- taste food products. Besides, the demand for flavour enhancer is also increasing due to higher customer delight.
The market is expected to observe a substantial growth owing to growing demand in the food and beverage sector. surging population, increasing disposable incomes, and new opportunities such as e-commerce are likely to fuel the market. Moreover, technological advancements are projected to cut down fast-food operation costs significantly in the near future. Recently, McDonalds installed several self-serving digital kiosks across the United States. This was a major success in the stock as the company’s stock jumped to a record height. The enlarged scientific advancements and mounting demand for food products are expected to open doors for growth and innovation in the food flavor enhancer market.
The study analyses global Flavour Enhancers market based on type, form, source application and geography.
Geographically, the global flavour enhancer market is categorized into North America, Europe, Asia Pacific and Rest of the World. Rest of the world comprises of Latin America and Middle East & Africa. Owing to various aspects like surging demand for convenience & processed food products, westernization of food habit the market is dominated by Europe and North America. Nevertheless, Asia Pacific is anticipated to grow at a fastest rate due to high growth in the food processing industries in countries such as China and India.
The major players involved in this market are Ajinomoto Co., Inc, AngelYeast Co., Ltd, Novozymes, Sensient Colors LLC, Associated British Foods Plc, Carbion, Cargill Incorporated, E. I. du Pont de Nemours and Company, Firmenich SA, Givaudan, Innova, International Flavors & Fragrances Inc, Quest, Inc and Savoury Systems International LLC among others.
Why to buy this report: