Bharat Book Bureau Provides the Trending Market Research Report on Global and Regional Savory Ingredients Market Opportunity Analysis And Industry Forecast 2018-2023 under Food & Beverages category. The report provides information on industry overview, market size, latest developments, industry trends, key players, global presence, and their future prospects.
Savory Ingredients Market size will grow from USD 6.47 trillion in 2017 to USD 9.02 trillion by 2023, at an estimated CAGR of 5.68%. The base year for the study is 2017, and the market size is projected from 2018 to 2023.
The global savory ingredients market has grown exponentially in the last few years. Increase in consumption of ready-to-eat, ready-to-cook food, noodles, and increased demand for Umami flavor are the major driving factors for this market. On the basis of type, the savory ingredient market is segmented into Yeast extracts, hydrolyzed vegetable proteins, hydrolyzed animal proteins, monosodium glutamate, nucleotides, and other (soy sauce powder and savory spice mixes). Monosodium glutamate accounted for the largest market share in 2017, followed by hydrolyzed animal proteins. The yeast extracts segment is projected to grow at the highest CAGR during the forecast period. The natural segment, on the basis of origin, is projected to grow at a significant rate during the forecast period.
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By Market Players:
– Ajinomoto Co., Inc.
– Koninklijke DSM NV
– Kerry Group PLC
– Tate & Lyle PLC
– Givaudan
– Symrise AG
– Lesaffre Group
– Senseint Technologies Corporation
– Angelyeast Co., Ltd.
– Vedan International (Holdings) Limited
By Type
– Yeast Extracts
– Hydrolyzed Vegetable Protein
– Hydrolyzed Animal Protein
– Monosodium Glutamate
– Nucleotides
By Application
– Food
– Feed
By Origin
– Natural
– Synthetic
By Form
– Liquid
– Powder
– Others
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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