PUBLISHER: Grand View Research | PRODUCT CODE: 1530234
PUBLISHER: Grand View Research | PRODUCT CODE: 1530234
Taste Modulators Market Size & Trends
"2030 Taste Modulators Market value to reach USD 2,363.5 million"
The global taste modulators market size was estimated at USD 1,452.7 million in 2023 and is projected to grow at a CAGR of 7.2% from 2024 to 2030. The market growth is attributed to the rising demand for convenient and processed food. Additives play a significant role in improving flavor, texture, and preservation, contributing to the expansion of the food industry. Their ability to provide a longer shelf life and enhance taste is the reason the food industry depends on them.
Consumers worldwide are increasingly interested in products that promote health. As a result, the product market has become essential in the functional food and beverage industry. Products labeled "ready to drink" and options with reduced sugar or sodium have increased the demand for products, especially for sweetness and saltiness. These products are now commonly used in fortified beverages to appeal to health-conscious consumers without compromising taste and texture.
Global Taste Modulators Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global taste modulators market report based on product, end-use, and region:
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Argentina
Saudi Arabia
South Africa