Savory Ingredients Market
PUBLISHED: 2020 ID: SMRC19174
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Savory Ingredients Market

Savory Ingredients - Global Market Outlook (2018-2027)

4.7 (17 reviews)
4.7 (17 reviews)
Published: 2020 ID: SMRC19174

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Savory Ingredients Market is accounted for $5.72 billion in 2018 and is expected to reach $10.7 billion by 2027 growing at a CAGR of 7.2% during the forecast period. Changing consumer food preferences in developing regions and consumers’ aversion to chemical food additives are the major factors driving the market growth. However, high cost of processing and raw materials is restraining the market growth.

Savory ingredients are flavor enhancers that are added to food products to enhance their flavors and aroma without having the need to contribute the separate ones of their own. These are used in different applications in the food industry and used as a general tonic for the digestive tract and antiseptic properties. 

Based on type, the Monosodium Glutamate (MSG) segment is likely to have a huge demand due to its cost-effectiveness and broad appliance in food applications. It is sodium salt of glutamic acid and is tasteless. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due shifting food consumption pattern, rapid urbanization and rise in disposable income of the consumers in countries like China and India.

Some of the key players profiled in the Savory Ingredients Market include ABF Ingredients (OHLY), ADM, Ajinomoto Co Inc, AngelYeast Co Ltd, Cargill, Givaudan S.A., Kerry Group plc, Koninklijke DSM N.V., Lesaffre Group, Novozymes, Sensient Technologies Corporation, Symrise, Synergy Flavors, Tate & Lyle plc and Vedan International (Holdings) Limited.

Sales Channels Covered:
• Service Provider
• Aftermarket

Production Techniques Covered:
• Heat Treatment
• Acid Treatment
• Maillard Reaction   

Origins Covered:
• Natural
• Synthetic

Forms Covered:
• Powder
• Liquid
• Other Forms

Types Covered:
• Ribonucleotides
• Yeast Extract
• Starch
• Protein
• Monosodium Glutamate (MSG)
• Nucleotides
• Other Types    

Applications Covered:
• Food
• Feedstuff

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
         
2 Preface     
   
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 Application Analysis     
 3.7 Emerging Markets      
 3.8 Impact of Covid-19     
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Savory Ingredients Market, By Sales Channel   

 5.1 Introduction      
 5.2 Service Provider      
 5.3 Aftermarket      
         
6 Global Savory Ingredients Market, By Production Technique   
 6.1 Introduction      
 6.2 Heat Treatment       
 6.3 Acid Treatment      
 6.4 Maillard Reaction      
         
7 Global Savory Ingredients Market, By Origin    
 7.1 Introduction      
 7.2 Natural       
  7.2.1 Vegetable Extracts     
  7.2.2 Animal Derived     
  7.2.3 Microbial      
 7.3 Synthetic       
         
8 Global Savory Ingredients Market, By Form    

 8.1 Introduction      
 8.2 Powder       
 8.3 Liquid       
 8.4 Other Forms      
  8.4.1 Spray      
  8.4.2 Paste      
         
9 Global Savory Ingredients Market, By Type    
 9.1 Introduction      
 9.2 Ribonucleotides      
 9.3 Yeast Extract      
 9.4 Starch       
 9.5 Protein       
  9.5.1 Hydrolyzed Vegetable Protein    
  9.5.2 Hydrolyzed Animal Protein    
 9.6 Monosodium Glutamate (MSG)    
 9.7 Nucleotides      
 9.8 Other Types       
  9.8.1 Soy Sauce Powder     
  9.8.2 Savory Spice Mix     
         
10 Global Savory Ingredients Market, By Application    
 10.1 Introduction      
 10.2 Food       
  10.2.1 Soup & Sauces     
  10.2.2 Snacks      
  10.2.3 Meat & Seafood     
  10.2.4 Prepared Meals     
  10.2.5 Dehydrated Noodles    
  10.2.6 Ready-To-Eat Meals     
  10.2.7 Seasonings     
  10.2.8 Pet Food      
  10.2.9 Dips      
  10.2.10 Bakery Products     
 10.3 Feedstuff      
         
11 Global Savory Ingredients Market, By Geography    

 11.1 Introduction      
 11.2 North America      
  11.2.1 US      
  11.2.2 Canada      
  11.2.3 Mexico      
 11.3 Europe       
  11.3.1 Germany      
  11.3.2 UK      
  11.3.3 Italy      
  11.3.4 France      
  11.3.5 Spain      
  11.3.6 Rest of Europe     
 11.4 Asia Pacific      
  11.4.1 Japan      
  11.4.2 China      
  11.4.3 India      
  11.4.4 Australia      
  11.4.5 New Zealand     
  11.4.6 South Korea     
  11.4.7 Rest of Asia Pacific     
 11.5 South America      
  11.5.1 Argentina     
  11.5.2 Brazil      
  11.5.3 Chile      
  11.5.4 Rest of South America    
 11.6 Middle East & Africa     
  11.6.1 Saudi Arabia     
  11.6.2 UAE      
  11.6.3 Qatar      
  11.6.4 South Africa     
  11.6.5 Rest of Middle East & Africa    
         
12 Key Developments       
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 12.2 Acquisitions & Mergers     
 12.3 New Product Launch     
 12.4 Expansions      
 12.5 Other Key Strategies     
         
13 Company Profiling      
 
 13.1 ABF Ingredients (OHLY)     
 13.2 ADM       
 13.3 Ajinomoto Co Inc      
 13.4 AngelYeast Co Ltd      
 13.5 Cargill        
 13.6 Givaudan S.A.      
 13.7 Kerry Group plc      
 13.8 Koninklijke DSM N.V.     
 13.9 Lesaffre Group      
 13.10 Novozymes      
 13.11 Sensient Technologies Corporation    
 13.12 Symrise       
 13.13 Synergy Flavors      
 13.14 Tate & Lyle plc      
 13.15 Vedan International (Holdings) Limited   


List of Tables        
1 Global Savory Ingredients Market Outlook, By Region (2017-2027) ($MN)  
2 Global Savory Ingredients Market Outlook, By Sales Channel (2017-2027) ($MN) 
3 Global Savory Ingredients Market Outlook, By Service Provider (2017-2027) ($MN) 
4 Global Savory Ingredients Market Outlook, By Aftermarket (2017-2027) ($MN) 
5 Global Savory Ingredients Market Outlook, By Production Technique (2017-2027) ($MN)
6 Global Savory Ingredients Market Outlook, By Heat Treatment (2017-2027) ($MN) 
7 Global Savory Ingredients Market Outlook, By Acid Treatment (2017-2027) ($MN) 
8 Global Savory Ingredients Market Outlook, By Maillard Reaction (2017-2027) ($MN) 
9 Global Savory Ingredients Market Outlook, By Origin (2017-2027) ($MN)  
10 Global Savory Ingredients Market Outlook, By Natural (2017-2027) ($MN) 
11 Global Savory Ingredients Market Outlook, By Vegetable Extracts (2017-2027) ($MN)
12 Global Savory Ingredients Market Outlook, By Animal Derived (2017-2027) ($MN) 
13 Global Savory Ingredients Market Outlook, By Microbial (2017-2027) ($MN) 
14 Global Savory Ingredients Market Outlook, By Synthetic (2017-2027) ($MN) 
15 Global Savory Ingredients Market Outlook, By Form (2017-2027) ($MN)  
16 Global Savory Ingredients Market Outlook, By Powder (2017-2027) ($MN) 
17 Global Savory Ingredients Market Outlook, By Liquid (2017-2027) ($MN)  
18 Global Savory Ingredients Market Outlook, By Other Forms (2017-2027) ($MN) 
19 Global Savory Ingredients Market Outlook, By Spray (2017-2027) ($MN)  
20 Global Savory Ingredients Market Outlook, By Paste (2017-2027) ($MN)  
21 Global Savory Ingredients Market Outlook, By Type (2017-2027) ($MN)  
22 Global Savory Ingredients Market Outlook, By Ribonucleotides (2017-2027) ($MN) 
23 Global Savory Ingredients Market Outlook, By Yeast Extract (2017-2027) ($MN) 
24 Global Savory Ingredients Market Outlook, By Starch (2017-2027) ($MN)  
25 Global Savory Ingredients Market Outlook, By Protein (2017-2027) ($MN) 
26 Global Savory Ingredients Market Outlook, By Hydrolyzed Vegetable Protein (2017-2027) ($MN)
27 Global Savory Ingredients Market Outlook, By Hydrolyzed Animal Protein (2017-2027) ($MN)
28 Global Savory Ingredients Market Outlook, By Monosodium Glutamate (MSG) (2017-2027) ($MN)
29 Global Savory Ingredients Market Outlook, By Nucleotides (2017-2027) ($MN) 
30 Global Savory Ingredients Market Outlook, By Other Types (2017-2027) ($MN) 
31 Global Savory Ingredients Market Outlook, By Soy Sauce Powder (2017-2027) ($MN)
32 Global Savory Ingredients Market Outlook, By Savory Spice Mix (2017-2027) ($MN) 
33 Global Savory Ingredients Market Outlook, By Application (2017-2027) ($MN) 
34 Global Savory Ingredients Market Outlook, By Food (2017-2027) ($MN)  
35 Global Savory Ingredients Market Outlook, By Soup & Sauces (2017-2027) ($MN) 
36 Global Savory Ingredients Market Outlook, By Snacks (2017-2027) ($MN)  
37 Global Savory Ingredients Market Outlook, By Meat & Seafood (2017-2027) ($MN) 
         
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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