Savoury Ingredients Market: By Type (Hydrolysed vegetable protein,Yeast extracts, Nucleotides, Monosodium glutamate, Hydrolysed animal protein, Others), By Application (Convenience food, Snacks, Frozen savoury food), By Origin (Natural,Artificial), and Geography  

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Savoury Ingredients Market Size was valued at USD 6.6 billion in 2022 and is poised to grow at a CAGR of 5.3% from 2023-29. Savoury ingredients Market is flavour enhancers which have the property of modifying flavours in the food with altering the natural features of the food. Global Savoury flavours are majorly used in the manufacturing of savoury products like frozen savoury meals and snacks. Global Savoury ingredients impart a pleasant sense of taste and aroma to the food especially because of effective seasoning. Significant investments made in the development of savory products are expected to propel the demand for the savoury ingredients during the forecast period. Companies are adopting various growth strategies for development of savoury ingredients industry. Ajinomoto Company is offering its products in local regions in favor of the taste preferences of the particular region. Angel yeast has introduced new flavors and ingredients in Global savoury ingredients market and invested hugely in the production expansions. In July 2016, Angel yeast has launched new strong umami taste and kokumi taste savoury ingredients from yeast extracts.    

 

Global Savoury Ingredients Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

0.077%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Savoury Ingredients Market Dynamics

Growing adoption of convenience food and change in lifestyles of the people are vital factors enable drive the Global savoury ingredients market. Furthermore, a rise in disposable income of the developing countries, changing food habits and consumption patterns, rise in demand for beverages and ready to eat foods are escalating demand for market. However, harmful side effects associated with consumption of Global savoury ingredients, a rise in clean label movement by the consumers, growing concerns on consumption of natural and fresh food are expected to restrain the growth of the market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Savoury Ingredients Market Segmentation

By Type
  • Hydrolysed vegetable protein
  • Yeast extracts
  • Nucleotides
  • Monosodium glutamate
  • Hydrolysed animal protein
  • Others
By Application
  • Convenience food
  • Snacks
  • Frozen savoury food
By Origin
  • Natural
  • Artificial

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

  • Givaudan (Switzerland)
  • Ajinomoto Co., Inc. (Japan)
  • Koninklijke DSM N.V. (Netherlands)
  • Tate & Lyle plc (U.K.)
  • Angel Yeast (China)
  • Kerry Group plc (Ireland)

Adjacent Markets