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Savory Ingredients Market Size, Share & Trends Analysis By Product, By Source (Natural, Synthetic), By Form (Powder, Liquid, Paste), By Application (Food, Pet Food, Others), By End-use, By Region, And Segment Forecasts, 2024 - 2030

Publisher Grand View Research
Published Sep 24, 2024
Length 100 Pages
SKU # GV19233626

Description

Savory Ingredients Market Size, Share & Trends Analysis By Product, By Source (Natural, Synthetic), By Form (Powder, Liquid, Paste), By Application (Food, Pet Food, Others), By End-use, By Region, And Segment Forecasts, 2024 - 2030


Savory Ingredients Market Growth & Trends

The global savory ingredients market size is anticipated to reach USD 15.62 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 4.7% from 2024 to 2030. Savory ingredients are widely used as seasoning and flavoring agents in the food industry.

Growing disposable income has increased the consumption of time-saving food product, which is projected to boost the market growth over the coming years. The growing usage of savory ingredients in the food service industry is also expected to propel market growth.

Savory ingredients are used in the animal feed & pet food industry to enhance food flavors. The growing demand for packaged pet food in Asia Pacific is anticipated to drive market demand over the coming years.

Companies such as DSM, Kerry Group, Givaudan, Diana, and Lesaffre have adopted acquisition strategies to enhance their product offerings and regional presence. This approach has helped companies acquire distribution centers and diversify their offerings across many end-use application markets.

Savory Ingredients Market Report Highlights
  • The MSG segment accounted for the largest market revenue share of 61.1% in 2023. MSG is extensively used in the food industry due to its ability to enhance flavor, making it a prevalent additive in processed and packaged foods.
  • The natural segment accounted for the largest market revenue share in 2023. Natural ingredients are perceived as healthier alternatives to artificial additives, contributing to a balanced diet without the associated risks of synthetic chemicals.
  • The powder segment accounted for the largest market revenue share in 2023. Powdered savory ingredients have a longer shelf life. The drying process removes moisture, which stops the growth of bacteria and mold.
  • The food segment accounted for the largest market revenue share in 2023. The growing need for quick meal solutions has increased demand for ready-to-eat food, snacks, and packaged foods.
  • Asia Pacific savory ingredients market accounted for the largest revenue share of 70.7% in 2023. Consumers are pursuing foods that offer additional health benefits beyond basic nutrition, such as improved digestion, better immune function, or enhanced energy levels.
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Table of Contents

100 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation& Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.5.1. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Savory Ingredients Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Sales/Retail Channel Analysis
3.2.2. Profit Margin Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Industry Challenges
3.3.4. Industry Opportunities
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Decisions
4.4. Consumer Product Adoption Trends
4.5. Observations & Recommendations
Chapter 5. Savory Ingredients Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2023 & 2030
5.2. Savory Ingredients Market Estimates & Forecast, By Product, 2018 to 2030 (USD Million)
5.3. Yeast Extracts
5.3.1. Yeast Extracts Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.4. HVP
5.4.1. HVP Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.5. HAP
5.5.1. HAP Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.6. MSG
5.6.1. MSG Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.7. Nucleotides
5.7.1. Nucleotides Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.8. Others
5.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6. Savory Ingredients Market: Source Estimates & Trend Analysis
6.1. Source Movement Analysis & Market Share, 2023 & 2030
6.2. Savory Ingredients Market Estimates & Forecast, By Source, 2018 to 2030 (USD Million)
6.3. Natural
6.3.1. Natural Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
6.4. Synthetic
6.4.1. Synthetic Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 7. Savory Ingredients Market: Form Estimates & Trend Analysis
7.1. Form Movement Analysis & Market Share, 2023 & 2030
7.2. Savory Ingredients Market Estimates & Forecast, By Form, 2018 to 2030 (USD Million)
7.3. Powder
7.3.1. Powder Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
7.4. Liquid
7.4.1. Liquid Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
7.5. Paste
7.5.1. Paste Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 8. Savory Ingredients Market: Application Estimates & Trend Analysis
8.1. Application Movement Analysis & Market Share, 2023 & 2030
8.2. Savory Ingredients Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million)
8.3. Food
8.3.1. Food Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
8.4. Pet Food
8.4.1. Pet Food Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
8.5. Others
8.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 9. Savory Ingredients Market: End Use Estimates & Trend Analysis
9.1. End Use Movement Analysis & Market Share, 2023 & 2030
9.2. Savory Ingredients Market Estimates & Forecast, By End Use, 2018 to 2030 (USD Million)
9.3. Food
9.3.1. Food Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
9.4. Processed Meals
9.4.1. Processed Meals Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
9.5. Snacks
9.5.1. Snacks Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
9.6. Feed
9.6.1. Feed Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
9.7. Others
9.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 10. Savory Ingredients Market: Regional Estimates & Trend Analysis
10.1. Savory Ingredients Market Share, By Region, 2023 & 2030 (Kilo Tons) (USD Million)
10.2. North America
10.2.1. North America Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.2.2. U.S.
10.2.2.1. Key Country Dynamics
10.2.2.2. U.S. Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.2.3. Canada
10.2.3.1. Key Country Dynamics
10.2.3.2. Canada Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.2.4. Mexico
10.2.4.1. Key Country Dynamics
10.2.4.2. Mexico Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.3. Europe
10.3.1. Europe Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.3.2. U.K.
10.3.2.1. Key Country Dynamics
10.3.2.2. U.K. Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.3.3. Germany
10.3.3.1. Key Country Dynamics
10.3.3.2. Germany Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.3.4. France
10.3.4.1. Key Country Dynamics
10.3.4.2. France Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.3.5. Italy
10.3.5.1. Key Country Dynamics
10.3.5.2. Italy Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.3.6. Spain
10.3.6.1. Key Country Dynamics
10.3.6.2. Spain Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.4. Asia Pacific
10.4.1. Asia Pacific Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.4.2. Japan
10.4.2.1. Key Country Dynamics
10.4.2.2. Japan Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.4.3. China
10.4.3.1. Key Country Dynamics
10.4.3.2. China Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.4.4. India
10.4.4.1. Key Country Dynamics
10.4.4.2. India Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.4.5. South Korea
10.4.5.1. Key Country Dynamics
10.4.5.2. South Korea Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.4.6. Australia & New Zealand
10.4.6.1. Key Country Dynamics
10.4.6.2. Australia & New Zealand Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.5. Latin America
10.5.1. Latin America Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.5.2. Brazil
10.5.2.1. Key Country Dynamics
10.5.2.2. Brazil Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.6. Middle East and Africa
10.6.1. Middle East and Africa Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
10.6.2. South Africa
10.6.2.1. Key Country Dynamics
10.6.2.2. South Africa Savory Ingredients Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 11. Competitive Landscape
11.1. Recent Developments & Impact Analysis by Key Market Participants
11.2. Company Categorization
11.3. Company Heat Map/ Positioning Analysis
11.4. Strategy Mapping
11.5. Company Profiles
11.5.1. Ajinomoto Co., Inc.
11.5.1.1. Company Overview
11.5.1.2. Financial Performance
11.5.1.3. Product Benchmarking
11.5.1.4. Strategic Initiatives
11.5.2. AngelYeast Co.
11.5.2.1. Company Overview
11.5.2.2. Financial Performance
11.5.2.3. Product Benchmarking
11.5.2.4. Strategic Initiatives
11.5.3. Vedan International (Holdings) Ltd.
11.5.3.1. Company Overview
11.5.3.2. Financial Performance
11.5.3.3. Product Benchmarking
11.5.3.4. Strategic Initiatives
11.5.4. Kerry Group plc.
11.5.4.1. Company Overview
11.5.4.2. Financial Performance
11.5.4.3. Product Benchmarking
11.5.4.4. Strategic Initiatives
11.5.5. Sensient Technologies Corporation
11.5.5.1. Company Overview
11.5.5.2. Financial Performance
11.5.5.3. Product Benchmarking
11.5.5.4. Strategic Initiatives
11.5.6. Givaudan
11.5.6.1. Company Overview
11.5.6.2. Financial Performance
11.5.6.3. Product Benchmarking
11.5.6.4. Strategic Initiatives
11.5.7. Diana Group S.r.l
11.5.7.1. Company Overview
11.5.7.2. Financial Performance
11.5.7.3. Product Benchmarking
11.5.7.4. Strategic Initiatives
11.5.8. Symrise
11.5.8.1. Company Overview
11.5.8.2. Financial Performance
11.5.8.3. Product Benchmarking
11.5.8.4. Strategic Initiatives
11.5.9. Lesaffre
11.5.9.1. Company Overview
11.5.9.2. Financial Performance
11.5.9.3. Product Benchmarking
11.5.9.4. Strategic Initiatives
11.5.10. Tate & Lyle
11.5.10.1. Company Overview
11.5.10.2. Financial Performance
11.5.10.3. Product Benchmarking
11.5.10.4. Strategic Initiatives

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