PUBLISHER: TechNavio | PRODUCT CODE: 1544423
PUBLISHER: TechNavio | PRODUCT CODE: 1544423
The taste modulators market is forecasted to grow by USD 899.6 mn during 2023-2028, accelerating at a CAGR of 10.03% during the forecast period. The report on the taste modulators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing popularity of low-calorie sweeteners, prevalence of obesity and diabetes, and increasing demand for products with less sugar.
Technavio's taste modulators market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.87% |
CAGR | 10.03% |
Incremental Value | $899.6 mn |
By Type
By Geographical Landscape
This study identifies the increasing demand for functional foods and beverages as one of the prime reasons driving the taste modulators market growth during the next few years. Also, increased health consciousness among consumers and rising adoption of sports drinks will lead to sizable demand in the market.
The report on the taste modulators market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading taste modulators market vendors that include Ajinomoto Co. Inc., Archer Daniels Midland Co., Bernard Food Industries, Carmi Flavor and Fragrance Co. Inc., Firmenich SA, Flavorchem Corp., Givaudan SA, Ingredion Inc., International Flavors and Fragrances Inc., Kerry Group Plc, Koninklijke DSM NV, Sensient Technologies Corp., SweeGen Inc., Symrise AG, T. Hasegawa Co. Ltd., and The Flavor Factory. Also, the taste modulators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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