Global Taste modulators Market is valued USD 904.3 million in 2016 is anticipated to grow USD 2221.1 million with the compounded annual growth of 10.5% over the forecast period 2017-2025.
New York 25 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Taste modulators industry is poised to raise USD 2221.1 million by 2025. Some key components for the market development will be; Increased consumer demand for reduced-calorie products while retaining the original taste of sugar and the growing awareness among consumers about the ill-effects of excessive salt intake.
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Global Taste modulators Market Size study, by Type (Sweet Modulators, Salt Modulators, and Fat Modulators), by Application (Confectionery Products, Bakery Products, Dairy Products, Snacks & Savory Products, and Meat Products), and by Regional Forecasts 2017-2025
The industry is seems to be fairly competitive. Some of the leading market players include DSM, Kerry, Ingredion, Givaudan, Firmenich, International Flavors & Fragrances, Symrise, Sensient Technologies, and so on. Other market players discussed in the report include The Flavor Factory, Carmi Flavor & Fragrance, Flavorchem Corporation, Senomyx. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The Asia Pacific region accounted for the largest market share, more than XX% of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation by around XX%
Bizwit Research & Consulting LLP has considered following segments for the study:
- Sweet modulators
- Salt modulators
- Fat modulators
- Confectionery products
- Bakery products
- Dairy products
- Snacks & savory products
- Meat products
- North America
- Asia Pacific
- Latin America
- Rest of the World