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Flavor Enhancer Market Is Expected to Grow at a CAGR of 5.2% During the Forecast Period, 2017-2023

Global Flavor Enhancer Market Information: by Type (Natural), Ingredients (Glutamate), Form (Powder), Application (Bakery) and Region - Forecast till 2023


Pune, India -- (SBWIRE) -- 01/12/2018 -- Market Overview:
Flavor enhancer are food additives used to enhance the taste of the food through flavor. They make the food products more sensory. There are two types of flavor enhancer in the market: natural and artificial. The natural flavor is distinct from artificial on the basis of source of chemical formulation used in its process. Flavor enhancers are available in powder, liquid, and other forms which are applicable in various food and beverage industry including bakery & confectionery, dairy & frozen desserts, snacks, beverages, meat products, and others.

Flavor enhancer are commonly used food additives in the food and beverage industry to better the taste of the food. Steady growth of the food and beverage industry is driving the growth of the global flavor enhancer market. Changing lifestyle and inclination towards conventional food are boosting the growth of the flavor enhancer market.

Sensory effects in foods is gaining traction among the consumers, which is influencing the manufacturers for application of flavor enhancer in wide range of products. Moreover, high usage of flavor enhancers in fast foods is supporting the growth of flavor enhancer market. However, stringent laws and regulations related to application of flavors in the food and beverage industry may restrain the growth of the market. 

Nevertheless, all these factors are projected to contribute to the estimated CAGR of 5.2% to the flavor enhancer market during the forecast period 2017-2023. 

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Major Key Players:
The major players in the Flavor Enhancer Market,

Ajinomoto Co, Inc. (Japan)
Corbion N.V. (The Netherlands)
Sensient Technologies (U.S.)
Cargill Inc. (U.S.)
Tate & Lyle PLC (U.K.)
DuPont Nutrition & Health (U.S.)
Innova Flavors (U.S.)

Market Segments:
Flavor enhancer is segmented on the basis of type as natural and artificial. Natural flavor enhancer are gaining popularity among consumers against artificial flavor enhancer. The side effects caused due to artificial flavor enhancer has replaced it by natural flavor enhancer, which is driving the growth of the natural flavor enhancer segment.

Based on the ingredients, the market is segmented into glutamate, acidulant, yeast extract, hydrolyzed vegetable proteins, and others. Among all, glutamate is dominating the market. However, yeast extract is expected to grow substantially over the forecasted period.

On the basis of the form, the market is segmented into powder, liquid, and others. The powdered form is dominating the market due to its ease of use for the manufacturers.

Based on the application, the flavor enhancer market is segmented into bakery & confectionery, dairy & frozen desserts, snacks, beverages, meat products, and others. The bakery and confectionery segment is dominating the market followed by beverage industry.

Key Findings:
Monosodium glutamates (MSG) is most commonly used in India and China as a flavor enhancer
Introduction of sodium reducing flavor enhancer from key player likely to influence the market growth in the U.S. and China

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Market Segmentation:
Flavor enhancer market is segmented on the basis of type, ingredients, form, application, and region