The global Savory Ingredients market was valued at USD 6.43 billion in 2016 and is projected to reach USD 10.33 billion by 2025, growing at a CAGR of 5.4% from 2017 to 2025.
Savory Ingredients demand is majorly driven by the demand for savory snacks. The introduction of healthy savory snacks is expected to augment market demand over the forecast period. The market growth is aided by new product innovation by industry participants.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Introduction of new product variants
1.2 Rising demand for convenience foods
2. Market Restraints
2.1 Stringent regulations
2.2 Problems related to ill effects of consumption of savory snacks
Market Segmentation:
The global Savory Ingredients market is segmented on the origin, type, application, and region.
1. By Type:
1.1 Hydrolyzed Animal Protein
1.2 Hydrolyzed Plant Protein
1.3 Monosodium Glutamate
1.4 Yeast Extracts
1.5 Nucleotides
1.6 Others
2. By Application:
2.1 Food
2.2 Feed
3. By Origin:
3.1 Natural
3.2 Synthetic
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Vedan International Limited
2. Kerry Group PLC
3. Givaudan
4. Lesaffre Group
5. Angelyeast Co. Ltd.
6. Ajinomoto Co. Inc.
7. Symrise AG
8. Sensient Technologies Corporation
9. Koninklijke DSM NV
10. Tate and Lyle PLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Savory Ingredients market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL SAVORY INGREDIENTS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL SAVORY INGREDIENTS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL SAVORY INGREDIENTS MARKET, BY TYPE
5.1 Overview
5.2 Hydrolyzed Animal Protein
5.3 Hydrolyzed Plant Protein
5.4 Monosodium Glutamate
5.5 Yeast Extracts
5.6 Nucleotides
5.7 Others
6 GLOBAL SAVORY INGREDIENTS MARKET, BY APPLICATION
6.1 Overview
6.2 Food
6.3 Feed
7 GLOBAL SAVORY INGREDIENTS MARKET, BY ORIGIN
7.1 Overview
7.2 Natural
7.3 Synthetic
8 GLOBAL SAVORY INGREDIENTS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL SAVORY INGREDIENTS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Vedan International Limited
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Kerry Group PLC
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Givaudan
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Lesaffre Group
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Angelyeast Co. Ltd.
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Ajinomoto Co. Inc.
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Symrise AG
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Sensient Technologies Corporation
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Koninklijke DSM NV
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Tate and Lyle PLC
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
11.1 Related Reports