Transparency Market Research
Taste Modulators Market: Introduction
Taste modulators are substances that are added to food & beverages along with flavored substances to either enhance their taste or mask it off. Taste modulators change the perception of a particular taste. They are responsible for enhancing the taste of a particular ingredient, most commonly sugar or salt, or improving the creaminess of fatty substances. Taste modulation is usually carried out to eliminate undesirable tastes of some ingredients and pharmaceutical components.
Taste Modulators Market: Segmentation
Based on type, the taste modulators market can be segmented into sweetness modulators, salt modulators, and fat modulators. Sweetness modulators is the prominent segment of the taste modulators market. The segment is anticipated to expand significantly during the forecast period. This can be ascribed to the increase in usage of sugar substitutes that provide sugar-like taste without calories. In terms of end-user industry, the market for taste modulators can be divided into food and beverages. Beverages accounts for major share of the taste modulators market. The food segment can be further divided into bakery products, dairy products, confectionery products, snacks & savory products, meat products, and other food applications. The beverages segment can be further bifurcated into alcoholic beverages and nonalcoholic beverages.
Taste Modulators Market: Overview
Consumers are increasingly preferring ingredients that contain low salt and sugar and are healthier. This is anticipated to boost the taste modulators market during the forecast period. Rise in awareness about health among baby boomers is propelling the demand for food products that do not contain unhealthy ingredients. Leading market players are investing significantly in research and development activities for natural products to develop taste modulating solutions. This is estimated to augment the taste modulators market during the forecast period.
Taste Modulators Market: Regional Outlook
The global market for taste modulators can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the largest region of the taste modulators market. It is followed by Europe in terms of demand. Demand for taste modulators is high in Asia Pacific. It is projected to be a rapidly growing market for taste modulators owing to the increase in number of people suffering from obesity and diabetes in the region. Growth in awareness about these health conditions has resulted in a shift toward healthier alternatives for sugar. This is likely to drive the market for taste modulators in Asia Pacific. In terms of demand, Latin America and Middle East & Africa account for low share of the global taste modulators market.
Taste Modulators Market: Key Players
Key players operating in the taste modulators market are Royal DSM, Kerry Group, Ingredion, Givaudan, Firmenich, International Flavors & Fragrances Inc., Symrise, Sensient Technologies Corporation, The Flavor Factory, Carmi Flavor & Fragrance Co., Inc., Flavorchem Corporation, and Senomyx, Inc.
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