The global savory ingredients market will be valued at $13,295 million by 2019 with projected a CAGR of 5.7% from 2014 to 2019
Dallas, TX -- (SBWIRE) -- 09/02/2014 -- According to market research "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 Savory Ingredients Market is projected to grow at a healthy CAGR of 5.7% between 2014 - 2019 & reach $13,295 Million by 2019.
Browse 101 market data tables, 32 figures spread through 239 pages and in-depth TOC on “Savory Ingredients Market - Global Trends & Forecasts to 2019”.
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The report defines and segments the savory ingredients market with analyses and projections of the market size, in terms of value and volume. The market has been segmented on the basis of types and applications of savory ingredients. The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and the market size is forecasted on the basis of key regions, including North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The key countries are covered with the market size and trends projected for each region.
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Savory ingredients are flavor enhancers which have the ability to modify flavors in food without contributing to any separate flavor of their own. These ingredients play a significant role in enhancing the ‘umami’ flavor, which is the fifth flavor type.
The North American and European savory ingredient markets 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 these developing countries.
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