Quick Summary:
In the ever-evolving food and beverage industry, understanding the dynamics of the burgeoning taste modulators market has never been more vital. With the global market projected to reach a substantial US$4.7 billion by 2030, there is untapped potential for organizations positioned to leverage this growth.
Our comprehensive market report will arm you with cutting-edge insights and market forecasts, proving instrumental in solidifying your strategic business decisions. The report delves deeply into each segment, analyzing the high growth areas of Sweet and Salt Modulators, as well as providing a clear perspective on key markets like the US and China. Furthermore, our examination of key competitors will equip you with strategic information to understand and navigate your competitive landscape. Enhance your market understanding, seize new growth opportunities and stay ahead of competition with our detailed report on global taste modulators market.
Global Taste Modulators Market to Reach $4.7 Billion by 2030
The global market for Taste Modulators estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$4.7 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2022-2030. Sweet Modulators, one of the segments analyzed in the report, is projected to record a 7.6% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Salt Modulators segment is readjusted to a revised 6.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $760.5 Million, While China is Forecast to Grow at 11.1% CAGR
The Taste Modulators market in the U.S. is estimated at US$760.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 11.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$651.3 Million by the year 2030.Select Competitors (Total 12 Featured) -
- DSM Biomedical
- Firmenich Inc.
- Flavorchem Corporation
- Givaudan SA
- Ingredion, Inc.
- International Flavors & Fragrances, Inc.
- Kerry Group PLC
- Senomyx, Inc.
- Sensient Technologies Corporation
- Symrise AG
- The Flavor Factory
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Taste Modulators?
What is the growth rate of the Global Market for Taste Modulators?
What is the forecasted size of the Global Market for Taste Modulators?
Who are the key companies in the Global Market for Taste Modulators?
| Report Attribute | Details |
|---|---|
| No. of Pages | 308 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.8 Billion |
| Forecasted Market Value ( USD | $ 4.7 Billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- DSM Biomedical
- Firmenich Inc.
- Flavorchem Corporation
- Givaudan SA
- Ingredion, Inc.
- International Flavors & Fragrances, Inc.
- Kerry Group PLC
- Senomyx, Inc.
- Sensient Technologies Corporation
- Symrise AG
- The Flavor Factory
