The global savoury ingredients market stood at a value of more than USD 9.06 Billion in 2024. The market is further expected to grow at a CAGR of 7.80% in the forecast period of 2025-2034 to attain a value of over USD 19.20 Billion by 2034.
The Monosodium Glutamate Segment Holds a Significant Share in the Global Savoury Ingredients Industry
The monosodium glutamate (MSG) segment, based on type, accounts for a significant share in the market owing to a wide range of applications of the product, along with its low cost. Monosodium glutamate has the ability to enhance the savoury, meaty, and umami flavours of the foods or dishes and is utilised in frozen foods, spice mixes, canned and dry soups, salad dressings, and meat and fish-based food products. Furthermore, the growing demand for MSG in Asian and Western cooking is anticipated to augment the growth of the segment.
The Asia-Pacific Accounts for a Significant Share of the Savoury Ingredients Industry
The market for savoury ingredients in the Asia-Pacific is driven by the thriving food industry in the region, which is supported by the changing lifestyles, rising disposable income, and the growing population in the region. Additionally, the regional market is expected to be propelled by the rising demand for fish and meat products. Furthermore, the growing popularity of Asian cuisines owing to a significant growth of the travel and tourism industry in countries like India, China, Japan, South Korea, and others is anticipated to augment the market expansion in the region.
Savoury Ingredients: Market Segmentation
Savoury ingredients are the ingredients that enhance the flavours of the food when added during food processing. They provide the food with natural aromatic flavour and improve the shelf life of the product. Savoury ingredients also bolster the quality of the food products.
Market Breakup by Source
Natural
Synthetic
Market Breakup by Type
Yeast Extract
Starch
Hydrolysed Vegetable Protein
Hydrolysed Animal Protein
Nucleotides
Monosodium Glutamate
Others
Market Breakup by Application
Ready Meals
Snacks
Feed
Others
Market Breakup by Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Increasing Demand for Ready Meals and Snacks to Boost the Growth of the Savoury Ingredients Industry
The global savoury ingredients industry is driven by the rising utilisation of savoury ingredients in ready meals and snacks. This can be attributed to the growing advancements in the food processing sector and the rising demand for ready-to-eat food products. Nowadays, snacks and ready meals come in a range of diverse flavours and natural aromas, achieved by the addition of savoury ingredients. Furthermore, the growing competition among the major food manufacturing companies, coupled with the cost-effectiveness and easy availability of fish and meat-based meals and snacks, is likely to augment the market growth in the forecast period.
Key Industry Players in the Global Savoury Ingredients Market
The report gives a detailed analysis of the following key players in the global savoury ingredients market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
Associated British Foods plc
Ajinomoto Co., Inc.
Givaudan SA
Koninklijke DSM N.V.
Symrise AG
Others
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Table of Contents
1 Executive Summary
1.1 Market Size 2024-2025 1.2 Market Growth 2025(F)-2034(F) 1.3 Key Demand Drivers 1.4 Key Players and Competitive Structure 1.5 Industry Best Practices 1.6 Recent Trends and Developments 1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends 2.2 Key Verticals 2.3 Key Regions 2.4 Supplier Power 2.5 Buyer Power 2.6 Key Market Opportunities and Risks 2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook 3.2 GDP Per Capita Growth 3.3 Inflation Trends 3.4 Democracy Index 3.5 Gross Public Debt Ratios 3.6 Balance of Payment (BoP) Position 3.7 Population Outlook 3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk 4.2 Business Climate
5 Global Savoury Ingredients Market Analysis
5.1 Key Industry Highlights 5.2 Global Savoury Ingredients Historical Market (2018-2024) 5.3 Global Savoury Ingredients Market Forecast (2025-2034) 5.4 Global Savoury Ingredients Market by Source 5.4.1 Natural 5.4.1.1 Historical Trend (2018-2024) 5.4.1.2 Forecast Trend (2025-2034) 5.4.2 Synthetic 5.4.2.1 Historical Trend (2018-2024) 5.4.2.2 Forecast Trend (2025-2034) 5.5 Global Savoury Ingredients Market by Type 5.5.1 Yeast Extract 5.5.1.1 Historical Trend (2018-2024) 5.5.1.2 Forecast Trend (2025-2034) 5.5.2 Starch 5.5.2.1 Historical Trend (2018-2024) 5.5.2.2 Forecast Trend (2025-2034) 5.5.3 Hydrolysed Vegetable Protein 5.5.3.1 Historical Trend (2018-2024) 5.5.3.2 Forecast Trend (2025-2034) 5.5.4 Hydrolysed Animal Protein 5.5.4.1 Historical Trend (2018-2024) 5.5.4.2 Forecast Trend (2025-2034) 5.5.5 Nucleotides 5.5.5.1 Historical Trend (2018-2024) 5.5.5.2 Forecast Trend (2025-2034) 5.5.6 Monosodium Glutamate 5.5.6.1 Historical Trend (2018-2024) 5.5.6.2 Forecast Trend (2025-2034) 5.5.7 Others 5.6 Global Savoury Ingredients Market by Application 5.6.1 Ready Meals 5.6.1.1 Historical Trend (2018-2024) 5.6.1.2 Forecast Trend (2025-2034) 5.6.2 Snacks 5.6.2.1 Historical Trend (2018-2024) 5.6.2.2 Forecast Trend (2025-2034) 5.6.3 Feed 5.6.3.1 Historical Trend (2018-2024) 5.6.3.2 Forecast Trend (2025-2034) 5.6.4 Others 5.7 Global Savoury Ingredients Market by Region 5.7.1 North America 5.7.1.1 Historical Trend (2018-2024) 5.7.1.2 Forecast Trend (2025-2034) 5.7.2 Europe 5.7.2.1 Historical Trend (2018-2024) 5.7.2.2 Forecast Trend (2025-2034) 5.7.3 Asia-Pacific 5.7.3.1 Historical Trend (2018-2024) 5.7.3.2 Forecast Trend (2025-2034) 5.7.4 Latin America 5.7.4.1 Historical Trend (2018-2024) 5.7.4.2 Forecast Trend (2025-2034) 5.7.5 Middle East and Africa 5.7.5.1 Historical Trend (2018-2024) 5.7.5.2 Forecast Trend (2025-2034)
6 North America Savoury Ingredients Market Analysis
6.1 United States of America 6.1.1 Historical Trend (2018-2024) 6.1.2 Forecast Trend (2025-2034) 6.2 Canada 6.2.1 Historical Trend (2018-2024) 6.2.2 Forecast Trend (2025-2034)
10 Middle East and Africa Savoury Ingredients Market Analysis
10.1 Saudi Arabia 10.1.1 Historical Trend (2018-2024) 10.1.2 Forecast Trend (2025-2034) 10.2 United Arab Emirates 10.2.1 Historical Trend (2018-2024) 10.2.2 Forecast Trend (2025-2034) 10.3 Nigeria 10.3.1 Historical Trend (2018-2024) 10.3.2 Forecast Trend (2025-2034) 10.4 South Africa 10.4.1 Historical Trend (2018-2024) 10.4.2 Forecast Trend (2025-2034) 10.5 Others
11 Market Dynamics
11.1 SWOT Analysis 11.1.1 Strengths 11.1.2 Weaknesses 11.1.3 Opportunities 11.1.4 Threats 11.2 Porter’s Five Forces Analysis 11.2.1 Supplier’s Power 11.2.2 Buyer’s Power 11.2.3 Threat of New Entrants 11.2.4 Degree of Rivalry 11.2.5 Threat of Substitutes 11.3 Key Indicators for Demand 11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape
13.1 Supplier Selection 13.2 Key Global Players 13.3 Key Regional Players 13.4 Key Player Strategies 13.5 Company Profiles 13.5.1 Associated British Foods plc 13.5.1.1 Company Overview 13.5.1.2 Product Portfolio 13.5.1.3 Demographic Reach and Achievements 13.5.1.4 Certifications 13.5.2 Ajinomoto Co., Inc. 13.5.2.1 Company Overview 13.5.2.2 Product Portfolio 13.5.2.3 Demographic Reach and Achievements 13.5.2.4 Certifications 13.5.3 Givaudan SA 13.5.3.1 Company Overview 13.5.3.2 Product Portfolio 13.5.3.3 Demographic Reach and Achievements 13.5.3.4 Certifications 13.5.4 Koninklijke DSM N.V. 13.5.4.1 Company Overview 13.5.4.2 Product Portfolio 13.5.4.3 Demographic Reach and Achievements 13.5.4.4 Certifications 13.5.5 Symrise AG 13.5.5.1 Company Overview 13.5.5.2 Product Portfolio 13.5.5.3 Demographic Reach and Achievements 13.5.5.4 Certifications 13.5.6 Others
Companies Mentioned
The key companies featured in this Savoury Ingredients market report include:
This product is a market research report. Each license type allows a set number of users to access the report. Please select an option from the list below. This product is a market research report. This is a single user license, allowing one user access to the product. The product is a PDF. This product is a market research report. This is a site license, allowing all users within a given geographical location of your organization access to the product. The product is a PDF. This product is a market research report. This is an enterprise license, allowing all employees within your organization access to the product. The product is a PDF.
The sample excerpt is provided to help you make an informed purchasing decision. It is not intended to serve as free content or replace a full report. To ensure the sample aligns with your specific needs, our team will contact you to better understand your requirements.
An error occurred while sending the message. Should this issue persist, email us at help@researchandmarkets.net
This report can be tailored to focus on a specific country, region, continent, or provide global coverage. Please indicate your regions of interest and share any additional questions you may have. Our team strives to respond to all inquiries within the same business day.
An error occurred while sending the message. Should this issue persist, email us at help@researchandmarkets.net
*Required Information
This website uses cookies to ensure you get the best experience. Learn more