Global Savory Ingredients Market Size Study by Ingredient Type (Monosodium Glutamate, Yeast Extracts, HVPS, HAPs, Nucleotides), Form (Powder, Liquid), Origin (Natural, Synthetic), Application (Food, Feed), and Regional Forecasts 2022-2032

Description

The Global Savory Ingredients Market is valued at approximately USD 8.94 billion in 2023 and is anticipated to grow at a steady compound annual growth rate (CAGR) of 5.20% over the forecast period 2024-2032. Savory ingredients play a pivotal role in enhancing the umami profile of food products, making them indispensable across diverse culinary applications. These ingredients, such as monosodium glutamate, yeast extracts, and nucleotides, are widely adopted in both food and feed sectors due to their ability to improve flavor profiles, mask unpleasant tastes, and fortify nutritional value.

The rising consumer preference for convenience foods, coupled with increasing demand for clean-label and natural flavor enhancers, is steering the growth of this market. Innovations in production techniques and formulations have enabled manufacturers to cater to evolving dietary preferences, including plant-based and organic food trends. Additionally, the global shift toward sustainability is fostering the development of savory ingredients derived from renewable and eco-friendly sources. However, challenges such as fluctuating raw material prices and regulatory scrutiny regarding synthetic additives present obstacles to market growth.

Regionally, Asia Pacific commands the largest share of the savory ingredients market, attributed to its expansive food processing industry, rising urbanization, and dietary diversification. Countries like China and India are at the forefront of this growth, driven by a burgeoning population and increasing disposable income levels. Europe and North America follow, reflecting strong consumer demand for premium food products and functional ingredients. Meanwhile, emerging markets in Latin America and the Middle East & Africa are poised to unlock significant potential due to growing awareness and adoption of fortified food products.

Major market players included in this report are:

Ajinomoto Co., Inc.
Givaudan SA
Kerry Group plc
Koninklijke DSM N.V.
AngelYeast Co., Ltd.
Symrise AG
Tate & Lyle PLC
Biorigin
Lesaffre Group
Novozymes A/S
Associated British Foods plc
Chr. Hansen Holding A/S
Sensient Technologies Corporation
Innova Flavors
Savoury Systems International, Inc.

The detailed segments and sub-segments of the market are explained below:

By Ingredient Type:

Monosodium Glutamate
Yeast Extracts
HVPS
HAPs
Nucleotides

By Form:

Powder
Liquid

By Origin:

Natural
Synthetic

By Application:

Food
Feed

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Comprehensive market estimates and forecasts for 10 years from 2022 to 2032.
Regional and country-level analysis for each market segment.
Insights into competitive dynamics, including profiles of major players.
Detailed segmentation and sub-segmentation for nuanced market understanding.
Strategic recommendations for stakeholders and new entrants.
Analysis of demand-side and supply-side drivers shaping the market.

Chapter 1. Global Savory Ingredients Market Executive Summary

1.1. Global Savory Ingredients Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Ingredient Type
- 1.3.2. By Form
- 1.3.3. By Origin
- 1.3.4. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Savory Ingredients Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Savory Ingredients Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Consumer Preference for Convenience Foods
- 3.1.2. Increasing Demand for Clean-label and Natural Flavor Enhancers
- 3.1.3. Innovations in Production Techniques and Formulations
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. Regulatory Scrutiny Regarding Synthetic Additives
3.3. Market Opportunities
- 3.3.1. Development of Eco-friendly and Sustainable Savory Ingredients
- 3.3.2. Expansion in Emerging Markets with Growing Demand for Fortified Foods
- 3.3.3. Growth in Plant-based and Organic Food Trends

Chapter 4. Global Savory Ingredients Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Savory Ingredients Market Size & Forecasts by Ingredient Type 2022-2032

5.1. Segment Dashboard
5.2. Global Savory Ingredients Market: Ingredient Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Monosodium Glutamate
- 5.2.2. Yeast Extracts
- 5.2.3. HVPS
- 5.2.4. HAPs
- 5.2.5. Nucleotides

Chapter 6. Global Savory Ingredients Market Size & Forecasts by Form 2022-2032

6.1. Segment Dashboard
6.2. Global Savory Ingredients Market: Form Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Powder
- 6.2.2. Liquid

Chapter 7. Global Savory Ingredients Market Size & Forecasts by Origin 2022-2032

7.1. Segment Dashboard
7.2. Global Savory Ingredients Market: Origin Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Natural
- 7.2.2. Synthetic

Chapter 8. Global Savory Ingredients Market Size & Forecasts by Application 2022-2032

8.1. Segment Dashboard
8.2. Global Savory Ingredients Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Food
- 8.2.2. Feed

Chapter 9. Global Savory Ingredients Market Size & Forecasts by Region 2022-2032

9.1. North America Savory Ingredients Market
- 9.1.1. U.S. Savory Ingredients Market
  - 9.1.1.1. Ingredient Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.2. Form Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.3. Origin Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.4. Application Breakdown Size & Forecasts, 2022-2032
- 9.1.2. Canada Savory Ingredients Market
  - 9.1.2.1. Ingredient Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.2.2. Form Breakdown Size & Forecasts, 2022-2032
  - 9.1.2.3. Origin Breakdown Size & Forecasts, 2022-2032
  - 9.1.2.4. Application Breakdown Size & Forecasts, 2022-2032
9.2. Europe Savory Ingredients Market
- 9.2.1. UK Savory Ingredients Market
- 9.2.2. Germany Savory Ingredients Market
- 9.2.3. France Savory Ingredients Market
- 9.2.4. Spain Savory Ingredients Market
- 9.2.5. Italy Savory Ingredients Market
- 9.2.6. Rest of Europe Savory Ingredients Market
9.3. Asia-Pacific Savory Ingredients Market
- 9.3.1. China Savory Ingredients Market
- 9.3.2. India Savory Ingredients Market
- 9.3.3. Japan Savory Ingredients Market
- 9.3.4. Australia Savory Ingredients Market
- 9.3.5. South Korea Savory Ingredients Market
- 9.3.6. Rest of Asia Pacific Savory Ingredients Market
9.4. Latin America Savory Ingredients Market
- 9.4.1. Brazil Savory Ingredients Market
- 9.4.2. Mexico Savory Ingredients Market
- 9.4.3. Rest of Latin America Savory Ingredients Market
9.5. Middle East & Africa Savory Ingredients Market
- 9.5.1. Saudi Arabia Savory Ingredients Market
- 9.5.2. South Africa Savory Ingredients Market
- 9.5.3. Rest of Middle East & Africa Savory Ingredients Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Ajinomoto Co., Inc.
- 10.1.2. Givaudan SA
- 10.1.3. Kerry Group plc
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Ajinomoto Co., Inc.
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Koninklijke DSM N.V.
- 10.3.3. AngelYeast Co., Ltd.
- 10.3.4. Symrise AG
- 10.3.5. Tate & Lyle PLC
- 10.3.6. Biorigin
- 10.3.7. Lesaffre Group
- 10.3.8. Novozymes A/S
- 10.3.9. Associated British Foods plc
- 10.3.10. Chr. Hansen Holding A/S
- 10.3.11. Sensient Technologies Corporation
- 10.3.12. Innova Flavors
- 10.3.13. Savoury Systems International, Inc.
- 10.3.14. Givaudan SA
- 10.3.15. Kerry Group plc

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes