Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1521300
PUBLISHER: IMARC | PRODUCT CODE: 1521300
Savory Ingredients Market Report by Type (Starches, Proteins, Yeast, Monosodium Glutamate (MSG), and Others), Form (Powder, Liquid, Paste), Application (Food, Feed), Source (Natural, Synthetic), and Region 2024-2032
PUBLISHED:
PAGES: 149 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global savory ingredients market size reached US$ 7.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
Savory ingredients refer to flavor enhancers that are used to elevate the savory taste and aroma of food products during processing. Starches, yeast extracts, hydrolyzed vegetable proteins (HVP), hydrolyzed animal proteins (HAP), and monosodium glutamate (MSG) are some of the most commonly used savory ingredients across the food and beverages industry. They are mainly used in the production of instant and food, meat products, and seasonings. Their utilization helps increase the product shelf-life and minimize the salt content in food preparation. Additionally, these ingredients are highly cost-effective and are easily available across the online and offline organized retail channels.
Savory Ingredients Market Trends:
The market is primarily driven by the growing demand for packaged instant food products. This can be attributed to the changing dietary preferences, hectic schedules led by the masses and the inflating per capita income levels, which have further resulted in the widespread preference for convenience foods across the globe. Apart from this, the shifting inclination of consumers towards purchasing clean label and organic products due to the rising awareness regarding the adverse effects of artificial ingredients is also positively impacting the market. Additionally, numerous key players are heavily investing in the introduction of improved product variants with better taste to cater to the diverse preferences of the consumers. Moreover, due to rapid urbanization, there has been a considerable rise in the popularity of East Asian cuisines on the global level, wherein savory ingredients form an essential part of food preparation. Some of the other factors providing an impetus to the market growth include favorable regulatory approvals and the escalating demand for bakery products among individuals.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global savory ingredients market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, form, application and source.
Breakup by Type:
Starches
Proteins
Vegetable Protein
Animal Protein
Yeast
Monosodium Glutamate (MSG)
Others
Breakup by Form:
Powder
Liquid
Paste
Breakup by Application:
Food
Feed
Breakup by Source:
Natural
Vegetable Extracts
Animal Derived
Microbial
Synthetic
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ajinomoto Co. Inc., AngelYeast Co. Ltd., Archer-Daniels-Midland Company, Associated British Foods plc, Cargill Incorporated, Givaudan, Kerry Group plc, Koninklijke DSM N.V., Novozymes A/S, Sensient Technologies Corporation, Symrise AG and Tate & Lyle PLC.
Key Questions Answered in This Report:
- How has the global savory ingredients market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global savory ingredients market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the source?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global savory ingredients market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112024A5749
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Savory Ingredients Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Starches
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Proteins
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Vegetable Protein
- 6.2.2.2 Animal Protein
- 6.2.3 Market Forecast
- 6.3 Yeast
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Monosodium Glutamate (MSG)
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Form
- 7.1 Powder
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Liquid
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Paste
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Food
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Feed
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Source
- 9.1 Natural
- 9.1.1 Market Trends
- 9.1.2 Key Segments
- 9.1.2.1 Vegetable Extracts
- 9.1.2.2 Animal Derived
- 9.1.2.3 Microbial
- 9.1.3 Market Forecast
- 9.2 Synthetic
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Ajinomoto Co. Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 AngelYeast Co. Ltd.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.3 Archer-Daniels-Midland Company
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 SWOT Analysis
- 15.3.4 Associated British Foods plc
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Cargill Incorporated
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 SWOT Analysis
- 15.3.6 Givaudan
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Kerry Group plc
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 Koninklijke DSM N.V.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Novozymes A/S
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Sensient Technologies Corporation
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 Symrise AG
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 Tate & Lyle PLC
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Ajinomoto Co. Inc.
Product Code: SR112024A5749
List of Figures
- Figure 1: Global: Savory Ingredients Market: Major Drivers and Challenges
- Figure 2: Global: Savory Ingredients Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Savory Ingredients Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Savory Ingredients Market: Breakup by Type (in %), 2023
- Figure 5: Global: Savory Ingredients Market: Breakup by Form (in %), 2023
- Figure 6: Global: Savory Ingredients Market: Breakup by Application (in %), 2023
- Figure 7: Global: Savory Ingredients Market: Breakup by Source (in %), 2023
- Figure 8: Global: Savory Ingredients Market: Breakup by Region (in %), 2023
- Figure 9: Global: Savory Ingredients (Starches) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Savory Ingredients (Starches) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Savory Ingredients (Proteins) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Savory Ingredients (Proteins) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Savory Ingredients (Yeast) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Savory Ingredients (Yeast) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Savory Ingredients (Monosodium Glutamate) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Savory Ingredients (Monosodium Glutamate) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Savory Ingredients (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Savory Ingredients (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Savory Ingredients (Powder) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Savory Ingredients (Powder) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Savory Ingredients (Liquid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Savory Ingredients (Liquid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Savory Ingredients (Paste) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Savory Ingredients (Paste) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Savory Ingredients (Food) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Savory Ingredients (Food) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Savory Ingredients (Feed) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Savory Ingredients (Feed) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Savory Ingredients (Natural) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Savory Ingredients (Natural) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Savory Ingredients (Synthetic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Savory Ingredients (Synthetic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: North America: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: North America: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: United States: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: United States: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Canada: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Canada: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Asia-Pacific: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Asia-Pacific: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: China: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: China: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Japan: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Japan: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: India: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: India: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: South Korea: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: South Korea: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Australia: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Australia: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Indonesia: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Indonesia: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Others: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Others: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Europe: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Europe: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Germany: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Germany: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: France: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: France: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: United Kingdom: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: United Kingdom: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Italy: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Italy: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Spain: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Spain: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Russia: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Russia: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Latin America: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Latin America: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Brazil: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Brazil: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Mexico: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Mexico: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Others: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Others: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Middle East and Africa: Savory Ingredients Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Middle East and Africa: Savory Ingredients Market: Breakup by Country (in %), 2023
- Figure 81: Middle East and Africa: Savory Ingredients Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Global: Savory Ingredients Industry: SWOT Analysis
- Figure 83: Global: Savory Ingredients Industry: Value Chain Analysis
- Figure 84: Global: Savory Ingredients Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Savory Ingredients Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Savory Ingredients Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Savory Ingredients Market Forecast: Breakup by Form (in Million US$), 2024-2032
- Table 4: Global: Savory Ingredients Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Savory Ingredients Market Forecast: Breakup by Source (in Million US$), 2024-2032
- Table 6: Global: Savory Ingredients Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Savory Ingredients Market: Competitive Structure
- Table 8: Global: Savory Ingredients Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.