PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421689
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421689
The global taste modulator market size is expected to reach USD 2.88 billion by 2032, according to a new study by Polaris Market Research. The report "Taste Modulators Market Share, Size, Trends, Industry Analysis Report, By Type (Sweet Modulators, Bitter Modulators, Sour Modulators, Salt Modulators); By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Taste modulators are substances or compounds that can enhance, suppress, or modify the perception of taste in food and beverages. They are used in the food industry to improve the overall flavor profile of products by modifying characteristics like sweetness, bitterness, saltiness, or umami. Taste modulators can help reduce sugar, salt, or artificial additives in foods while maintaining a desirable taste, making them valuable tools for creating healthier and more flavorful options.
Recent strides in food technology have paved the way for the emergence of highly efficient and adaptable taste enhancers. These breakthroughs empower companies to craft products with enhanced flavor profiles, all while preserving their intended nutritional qualities. The burgeoning popularity of plant-based and alternative protein-based items has further fueled market expansion. Taste modulators serve a pivotal function in concealing undesirable flavors often linked to these products, thereby rendering them more enticing to a wider audience of consumers.
The pharmaceutical industry's increasing adoption of flavor modulators is driving market expansion. Specifically, these modulators are employed to mask the unpalatable taste of medications for geriatric and pediatric patients, thereby improving patient adherence. Furthermore, the growing preference for natural ingredients and clean-label products is fueling the demand for natural flavor modulators. In response to health-conscious consumer preferences, manufacturers are compelled to develop natural taste modulators sourced from organic origins such as fruits, vegetables, and plants.
COVID-19 has significantly impacted the taste modulators market. Lockdowns and social distancing have led to reduced dining out, causing shifts in flavor preferences and fluctuations in demand. Supply chain disruptions have hindered availability, leading to manufacturers and suppliers diversifying their offerings while emphasizing the importance of taste modulation for consumer health.
Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective coronary stent devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for coronary stents throughout the forecast period.
Polaris Market Research has segmented the taste modulators market report based on type, application and region: