Market Research Future Insights
The Global food flavor enhancer market is anticipated to be valued at 5.6 billion by 2022. The food flavor enhancer market is expected to grow at a CAGR of 5.2% during the forecast period of 2022- 2030.
Plant-based food flavor enhancers are anticipated to witness high demand during the predicted period.
The growth of this individual type of food flavor enhancer can be primarily attributed to the extending awareness of natural ingredients and the growing vegan and vegetarian population.
There are anticipated to be exciting opportunities for innovation in the realm of flavors enhancers market trends is raising due to using exotic flavors in food products. The development and use of recipes like solid-liquid extraction, supercritical fluid extraction, and others by flavor producers to keep the natural taste and flavor of fruit flavors are expected to further contribute to the market's expansion.
China is remarked as the potential use of flavor enhancers in the market. Rising consumer demand for natural and organic or plant-based flavors is driving the growth of flavor enhancers in the market. MRFR projects the Chinese market to hold 35% of revenue until 2030.
Increasing demand for ready-to-cook foods in these regions has led to an escalated interest in flavor enhancers across the U.S. Growing demand for the use of sports drinks and beverages has elevated demand for flavor enhancers in the beverage industry.
Rising demand for delicious, healthy, and cost-effective foods has greatly contributed to the growth of flavor enhancers on the market. A constant increase in demand for clean-label food flavors has grown the market demand for flavor enhancers in this region. Juice manufacturers in the U.K. are abruptly using flavor enhancers to make liquid and boost flavor without altering the natural taste of the recipe.
Some of the key players in the Flavor enhancer market are CargillInc. (U.S.), Tate Lyle PLC (U.K.), Innova Flavors (U.S.), Ajinomoto CoInc. (Japan), CorbionN.V. (The Netherlands), DuPont Nutrition Health (U.S.), and Sensient Technologies (U.S.)
Ready-to-eat (RTE) foods have also been a revelatory part of the market, which calls for the use of taste enhancers such as glutamates. Also, it aids in maintaining the traditional and ethnic tastes of the food and aids in enhancing metabolism. Thus, flavor enhancers have gained prominence growth in food products. MRFR expects the flavor enhancer market segment to capture 45 of the total revenue.
The augmented demand for instant noodles, hotpots, and soups has significantly increased sales of glutamates in the market. Glutamates are rich in flavor and serve as an elegant seasoning. These flavor enhancers are the elegant option in the quick-service restaurant business due to their high-quality and cost-friendly quality.
The food processing industry is also using glutamates to a substantial extent due to their soothing properties. Along with this, glutamate also can improve the taste of the traditional Umami flavor of Japan. A value exceeding US$ 2 Billion is forecast by MRFR for glutamate flavor enhancers.
Growing health awareness and healthy eating have pushed the demand for naturally- sourced flavor enhancers, presenting concerns regarding the consumption of artificially sourced enhancers. A CAGR of around 6% is estimated for natural flavor enhancers.
For instance, MIO water enhancers are among the most favorite options, available in various flavors like blueberry, lemonade, strawberry, watermelon, and pomegranate. Due to their low calorie and sugar content, they are an excellent natural option. At the same time, the requisition for synthetic flavors will also remain high, anticipated to reach nearly US$ 2 Billion by 2030.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Market Research Future®
99 Hudson Street, 5Th Floor
New York, New York 10013
United States of America