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.
Due to the COVID-19 pandemic, the global Taste Modulators market size is estimated to be worth US$ 998.4 million in 2021 and is forecast to a readjusted size of US$ 1526 million by 2028 with a CAGR of 5.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Taste Modulators market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Taste Modulators landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
North America is expected to account for the largest share of the global market through 2023, owing to the increase in consumer preference for healthy products and increase in the adoption of low-fat & low-calorie content foods. The changing consumer demand has resulted in the innovation of various taste modulators such as sweet, salt, and fat modulators by various companies. Manufacturers in the US adopt an optimized approach to manufacture taste modulators to deliver products with a range of tastes and nutritional benefits to meet the demand.
Asia Pacific is projected to be the fastest-growing region in the global taste modulators market during the forecast period, owing to an increase in the number of people suffering from diabetes and obesity.
This report focuses on Taste Modulators volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Taste Modulators market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Taste Modulators Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Sweet Modulators
Salt Modulators
Fat Modulators
Segment by Application
Foods
Beverages
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
DSM
Kerry
Ingredion
Givaudan
Firmenich
International Flavors & Fragrances
Symrise
Sensient Technologies
The Flavor Factory
Carmi Flavor & Fragrance
Flavorchem
Senomyx