Global
Natural Savoury Flavours Market: Overview
Growing
consumer inclination towards natural food ingredients and products
has led savoury ingredient manufacturers to develop distinct and
innovative flavours for enhancing the product line in food and
beverage products. Savoury flavours are mouth-watering, bold,
distinctive, classic, fresh, authentic, rich, comforting and aromatic
food flavours. In the past recent years, the global savoury flavour
market has been experiencing a significant growth. Increasing
consumer preference for the ready to eat processed foods coupled with
the rapid consumption of non - vegetarian food products, increasing
preference of consumers for specific flavours, savoury flavours
market is anticipated to record significant growth. In addition to
the consumer acceptance for more spicy and ethnic cuisines, changing
lifestyle people now want to have flavour of home cooked spicy old
flavours for instant food such as noodles, purees and sauces across
the globe is expected to drive high demand for savoury flavour in the
food and beverage products.
Global
Natural Savoury Flavours Market: Drivers and Restraints
The
natural
savoury flavour market
is expected to grow over the next few years due to the rapid growth
of the consumption of meat products among the consumers. Health
conscious consumers prefer purchasing natural flavoured beverages
derived from fresh fruits and vegetables as they are rich in
anti-oxidants. Increasing demand for the healthier and nutritious
ingredients along with product launches such as hot and spicy
flavoured products by companies is one of the key factors fuelling
market growth. For instance, chilli hot flavour is being promoted by
the processed food companies across the globe. Furthermore, consumer
preference for spicy and ethnic cuisines drives the innovation in the
spicy flavour by the major players of the market for natural
flavours market.
Apart from increasing demand for health and wellness foods, factors
that are propelling the growth of savoury flavours market include
high demand for sauces and seasonings, owing to consumer inclination
for restaurant quality meals and fine dining experience at home,
regulations banning the use artificial flavoured products, advanced
technological innovation in flavours and additional health benefits
of some natural savoury flavours.
Global
Natural Savoury Flavours Market: Segmentation
On
the basis of forms, market is segmented into:-
- Powder
- Liquid
- Paste
On
the basis of application type, market is segmented into:-
- Snacks
- Spreads
- Seasonings
- Prepared Foods
- Soups and Sauces
- Bakery & Confectionery
- Dairy Products
- Others
Global
Natural Savoury Flavours Market: Region wise Outlook
The
global natural savoury flavours market is divided into seven regions,
namely seven regions, namely Eastern Europe, Latin America, Asia
Pacific excluding Japan (APEJ), North America, Japan, Western Europe,
and Middle East and Africa (MEA). In APEJ market, China is expected
to grow exponentially holding the market leader position for during
the forecast period. This is attributed to growing demand of customer
for the processed food such as noodles and savoury snacks, thereby
bolstering the natural savoury flavours market. Growing trend of
organized retail and e-commerce has provided consumer’s exposure to
premium quality products primarily in countries such as South Africa,
Brazil, driving the natural flavours market growth in these emerging
countries.
Global
Natural Savoury Flavours Market: Key Players
Below
are some of the prominent players identified in the global savoury
flavours market, also offering natural savoury flavours:
- Givaudan S.A.
- International Flavours & Fragrances, Inc.
- Takasago International
- Firmenich International SA
- Symrise AG
- Hasegawa Co. Ltd.
- Sensient Technologies
- WILD Flavours and Specialty Ingredients Inc.
- Frutarom Ltd.
- Kerry Group Plc.
- International Flavours & Fragrances Inc.
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