New Food market report from Markets and Markets: "Savory Ingredients Market - Global Trends & Forecasts to 2019"
Boston, MA -- (SBWIRE) -- 09/02/2014 -- Savory Ingredients Market by Ingredients (Yeast Extracts, HVP, HAP, MSG, Nucleotides and Others), by Application (Food Industry, Pet Food and Others) & by Geography - Global Trends & Forecasts to 2019
The major savory flavor ingredients used globally include yeast extract, hydrolyzed vegetable protein, hydrolyzed animal protein, monosodium glutamate, and ribonucleotides (disodium 5'-guanylate and disodium 5'-inosinate). The latter are particularly effective when used in combination with other savory flavor ingredients. Ribonucleotides boost the effectiveness of other savory flavor ingredients.
View Full Report Details and Table of Contents
The North American and European savory ingredients market are quite stable since the past few years due to increased consumer awareness related to the ill effects of savory ingredients. Consumers presume that savory ingredients are artificial chemicals added to enhance flavors which are very unhealthy. The developing countries in the Asia-Pacific region have very low consumer awareness with regard to savory ingredients due to which there is a lot of untapped potential for savory ingredients in the region.
The main market for hydrolyzed animal proteins is the pet food industry. Monosodium glutamate holds the majority of market share in the savory ingredients market. Monosodium glutamate is getting replaced by yeast extracts due to increasing demand for natural ingredients and health concerns. In general, yeast extract has a good image and is the preferred choice for clean-label products. The Asia-Pacific region is the largest market for savory ingredients and also the fastest-growing market with India and China dominating the region. Asia-Pacific's savory ingredients market is projected to grow at a CAGR of 6.4% from 2014 to 2019.
The market is dominated by a few large players and comprises many small- and medium-scale players. The key players identified in the savory ingredients industry are Ajinomoto (Japan), Givaudan (Switzerland), Angel Yeast (China), DSM (The Netherlands), and Sensient (Wisconsin).
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 800-844-8156
Browse all Food research reports at Fast Market Research
You may also be interested in these related reports:
- Probiotics Market - Global Trends & Forecasts to 2019
- Dietary Fiber Market - Global Trends & Forecasts up to 2019
- Extruded Snacks Market by Type (Potato, Corn, Rice, Tapioca, Mixed Grain, and Others) & by Geography - Global Trends and Forecasts to 2019
- Protein Hydrolysis Enzymes Market - Global Trends & Forecasts to 2019
- Snack Pellets Market - Global Trends and Forecasts to 2019
- Meat Substitutes Market - Global Trends, Forecasts up to 2019
- Fats and Oils Market - Global Trends & Forecast to 2019
- Cereal Ingredients Market - Global Trends & Forecast to 2019
- Lecithin & Phospholipids Market - Global Trends & Forecasts to 2019
- Dairy Ingredients Market - Global Trends & Forecasts to 2018