Taste Modulators Market by Type (Sweet Modulators, Salt Modulators, and Fat Modulators), Application (Food Products and Beverages), and Geography- Global Opportunity Analysis and Industry Forecast (2018–2024)

The global taste modulators market is expected to grow at a CAGR of 7.9% from 2018 to reach $1,831.3 million by 2024. The factors such as growing consumer demand for low calorie products with original taste, increasing awareness regarding excessive salt intake, and enhanced flavor masking benefits of taste modulators are driving the growth of this market. Moreover, increasing research on Positive Allosteric Modulators (PAM) further supports the growth of this market.

Sweet modulators dominated the global taste modulators market in 2017, mainly due to increasing awareness among the consumers regarding consumption of high sugar products and increasing cases of diabetes and obesity, globally. Moreover, the sweet modulators are widely used as a replacement for sugar, especially in the beverage industry. Also, the cost effectiveness, natural and flavor characterization properties, and thermal stability of sweet modulators further propel their demand.

An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. North America commanded the largest share of the global taste modulator market in 2017, followed by Europe and Asia Pacific. The largest share of this region is mainly attributed to high prevalence of diabetes and obesity, well established food and beverages industry, large demand for healthy food and drinks, huge food flavor industry, and presence of large number of taste modulator providers.

The major players operating in the global taste modulators market are Kerry Group plc, Koninklijke DSM N.V., Ingredion Incorporated, Symrise AG, Sensient Technologies, Givaudan SA, Firmenich S.A., International Flavors and Fragrances, The Flavor Factory, Carmi Flavor and Fragrance Co. Inc, Flavorchem Corporation, and Senomyx, Inc. among many others.

Scope of the Report:
Market by Product Type

  • Sweet Modulators
  • Salt Modulators
  • Fat Modulators


Market by Application

Food Products
  • ·Bakery
  • ·Dairy
  • ·Confectionary
  • ·Snacks and Savory
  • ·Meat Products
  • ·Other Food Products
 

Beverages

  • ·Non-alcoholic Beverages
  • ·Alcoholic Beverages


Market by Geography
North America

  • ·U.S.

  • ·Canada

Europe

  • ·Germany
  • ·France
  • ·U.K.

  • ·Italy
  • ·Spain
  • ·Rest of Europe (RoE)


Asia-Pacific (APAC)

  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·Rest of APAC (RoAPAC)


Rest of World

  • ·Latin America

  • Mexico
  • Brazil
  • RoLA
  • ·Middle East and Africa