Press Release

Savory Ingredients Market to Witness 6.65% CAGR; Kerry Group’s Multimillion-Dollar Takeover Will Favor Market Growth, says Fortune Business Insights

Savory Ingredients Market Future Trends, Projected Industry Growth, Regional Industry Share to 2026

Symrise’s Launch of Clean Labelled Culinary Base Products Will Enable Market Growth

The demand for clean labeled products has resulted from increasing health awareness across the world. In the wake of an outcry for clean-labeled products, many companies are adapting to this strategy. This factor will help the company acquire a strong consumer base, which in turn will favor the growth of the global savory ingredients market.

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In 2018, Symrise Flavor N.A. introduced an extensive line of culinary base ingredients with clean-labelled packaging. The company stated that its latest collection includes a wide range of vegetables and spices, thereby pertaining to a widespread audience. Fortune Business Insights states that the launch of products within the clean-label regulatory framework will aid the growth of the global savory ingredients market.

The rising uptake for savory ingredients has resulted from the high demand for variety in flavors in food products across the world. There are several ongoing research studies, vested in research and development of savory ingredients manufactured by the regulatory compliances. Leading companies are increasing R&D activities for the development of ingredients according to taste and flavor preferences based on regional demographics.

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Some of the Main Key Players Covered in the Report

  • Ajinomoto Co., Inc.
  • Koninklijke DSM N.V.
  • Kerry Group PLC
  • Tate & Lyle PLC
  • Symrise AG
  • Givaudan SA
  • Sensient Technologies Corporation
  • Savoury Systems International LLC
  • P. Ingredients Ltd.
  • Synergy Flavors

Key Segmentation:

By Type

  • Starches
  • Proteins
  • Yeast
  • MSG (Monosodium Glucamate)

By Form

  • Powder
  • Liquid
  • Paste

By End Use

  • Food Processors
  • Food Services (HoReCa)

By Source

  • Natural
  • Synthetic

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Kerry Group’s Dual Acquisition Will Boost the Global Market

The demand for savory ingredients has risen significantly in recent years due to changing lifestyle dietary habits. The savory ingredients are being used for the manufacture of healthy foods as well as vegan-based diets, to enhance the overall taste of the food products. Resulting from the soaring demand, companies are engaged in attractive business strategies and are conducting mergers and acquisitions, company collaborations, and agreements.

In December 2018, Kerry Group announced that it plans to acquire two renowned food companies for a combined total of over US$ 300 Mn. Kerry Group’s plans to acquire Ariake Japan Co. and Southeastern Mills (SEM), with an aim of expanding its clean-label product distribution to several countries across the world.

The report identifies a few of the leading company mergers and acquisitions that have accounted for the growth of the global savory ingredients market. Besides mergers and acquisitions, the report includes several factors that have made growth contributions to the global market.

Some major points from Table of Content:

  1. Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

  1. Executive Summary
  2. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

………..

  1. Asia Pacific Savory Ingredients Market Analysis, Insights and Forecast, 2015-2026

8.1. Key Findings / Summary

8.2. Market Analysis, Insights and Forecast – By Source

8.2.1. Natural

8.2.1.1. Vegetable Extracts

8.2.1.2. Animal Derived

8.2.1.3. Microbial

8.2.2. Synthetic

8.3. Market Analysis, Insights and Forecast – By End-use

8.3.1. Food Processors

8.3.1.1. Snacks

8.3.1.2. Soups

8.3.1.3. Meat Products

8.3.1.4. Others

8.3.2. Food Service (HoReCa)

8.4. Market Analysis, Insights and Forecast – By Type

8.4.1. Starches

…….TOC Continued…..!!!!!

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