Global Taste Modulation Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global taste modulation market in its upcoming report titled, “Global Taste Modulation Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global taste modulation market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global taste modulation market report has been segmented on the basis of type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Taste modulation is a process that is used to restore the taste of the finished product where the reduction of calories, fat, and salt is required. Taste modulators enhance the taste of a particular food product, ingredients. Mostly sugar or salt are used to improve the creaminess of fatty substances. Taste modulation is useful in eliminating the undesirable tastes of some ingredients and pharmaceutical components.
Increasing demand for low-calorie products with the original taste is a major factor expected to drive growth of the global taste modulation market. In addition, increasing awareness among consumers about the ill-effects of excessive salt intake, changing consumer preferences, increased standard of living are the other major factors expected to boost growth of the global taste modulation market over the forecast period.
However, stringent regulations and international standards for sweet and salt reducing ingredients is a major factor expected to restrain growth of the global taste modulation market. In addition, ambiguity regarding the health effects of sugar substitutes is expected to hamper the market growth to a certain extent.
The market in North America accounted for highest revenue share in the global taste modulation market in 2016, owing to increasing consumer preference for healthy products and adoption of low-fat & low calorie content foods in countries in the region. Europe is the second-highest revenue share in the global taste modulation market, due to increasing number of people suffering from obesity and diabetes in countries in the region. The market in Asia Pacific is projected to register fastest growth rate in terms of revenue, due to growing population and increasing awareness about healthy and nutritional food products in countries in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to register moderate growth rate over the forecast period. Revenue from the market in Middle East & Africa is projected to register a CAGR of XX.X% over the forecast period.
Global Taste Modulation Market Segmentation:
- Sweet modulators
- Salt modulators
- Fat modulators
- Bakery products
- Confectionery products
- Snacks & savory products
- Meat products
- Other foods (including cereals, sauces & dressings, and seasonings)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Koninklijke DSM N.V.
- Kerry Group
- Ingredion Incorporated
- Givaudan SA
- Firmenich SA
- International Flavors & Fragrances Inc.
- Symrise AG
- Sensient Technologies Corporation
- Guangdong Zhaoqing Flavor Factory Co., Ltd.
- Carmi Flavor & Fragrance Co., Inc.
- Flavorchem Corporation
- Senomyx, Inc.
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