Savory Ingredients Market - Global Trend & Forecast to 2019

Savory Ingredients Market by Ingredients (Yeast Extracts, HVP, HAP, MSG, Nucleotides and Others), by Application (Food Industry, Pet Food and Others) & by Geography - Global Trends & Forecasts to 2019 added to ReportsnReports.com

The major savory flavor ingredients used globally include yeast extract, hydrolyzed vegetable protein, hydrolyzed animal protein, monosodium glutamate, and ribonucleotides (disodium 5’-guanylate and disodium 5’-inosinate). The latter are particularly effective when used in combination with other savory flavor ingredients. Ribonucleotides boost the effectiveness of other savory flavor ingredients.

The North American and European savory ingredients market are quite stable since the past few years due to increased consumer awareness related to the ill effects of savory ingredients. Consumers presume that savory ingredients are artificial chemicals added to enhance flavors which are very unhealthy. The developing countries in the Asia-Pacific region have very low consumer awareness with regard to savory ingredients due to which there is a lot of untapped potential for savory ingredients in the region.

The main market for hydrolyzed animal proteins is the pet food industry. Monosodium glutamate holds the majority of market share in the savory ingredients market. Monosodium glutamate is getting replaced by yeast extracts due to increasing demand for natural ingredients and health concerns. In general, yeast extract has a good image and is the preferred choice for clean-label products. The Asia-Pacific region is the largest market for savory ingredients and also the fastest-growing market with India and China dominating the region. Asia-Pacific’s savory ingredients market is projected to grow at a CAGR of 6.4% from 2014 to 2019.

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The market is dominated by a few large players and comprises many small- and medium-scale players. The key players identified in the savory ingredients industry are Ajinomoto (Japan), Givaudan (Switzerland), Angel Yeast (China), DSM (The Netherlands), and Sensient (Wisconsin).

The segments of the savory ingredients market considered for this study include ingredient types, applications, and geography. All the growth parameters in individual segments have been considered in this report. The food industry’s savory ingredientsmarket is the fastest-growing application at a CAGR of 6.6% from 2014 to 2019.

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Table of Contents

1 Introduction

1.1 Objectives of the Study 1.2 Report Description 1.3 Markets Covered 1.4 Stakeholders 1.5 Research Methodology 1.5.1 Market Size Estimation 1.5.2 Market Crackdown & Data Triangulation 1.5.3 Assumptions Made for This Report 1.5.3.1 Key Data Taken From Secondary Sources 1.5.3.2 Key Data Taken From Primary Sources

2 Executive Summary

3 Premium Insights 3.1 Key Features 3.1.1 China Continues to Drive the Demand for Global Savory Ingredients 3.1.2 Rising Demand for Convenience Food Spurs Growth for the Savory Ingredients Market 3.1.3 Food Industry Dominates the Global Savory Ingredients Market 3.1.4 On-the-Go Lifestyle Spurs the Demand for Fast Food 3.1.5 Monosodium Glutamate: An Emerging Market 3.1.6 the Developing Apac Region Experiencing Speedy Growth

4 Market Overview 4.1 Key Findings 4.2 Introduction 4.3 Market Segmentation 4.3.1 Savory Ingredients Market Segmentation 4.3.2 Sub-Markets 4.3.3 Types of Savory Ingredients 4.4 Burning Issues 4.4.1 Environmental Standards Tighten the Msg Industry 4.4.2 Increasing Health Issues Due to Consumption of Savory Ingredients 4.5 Winning Imperative 4.5.1 Growth & Expansion of Quick Service Restaurants & Upsurge of Fast Casual Restaurants 4.6 Market Dynamics 4.6.1 Drivers 4.6.1.1 Increasing Demand for Convenience Food in the Asia-Pacific Region 4.6.1.2 Increasing Demand for New Product Variant 4.6.2 Restraints 4.6.2.1 Consumer Awareness on Health Issues Relating to Savory Ingredients 4.6.2.2 Increased Cost of Raw Material & Energy 4.6.2.3 Stringent Regulations 4.6.2.4 Consumer Demand for Clean Labels 4.6.3 Opportunities 4.6.3.1 Untapped Potential in Developing Countries 4.6.3.2 Rising Instant Noodle Industry 4.7 Impact Analysis of Drivers & Restraints 4.8 Porter’s Five forces Analysis 4.8.1 Degree of Competition 4.8.2 Bargaining Power of Suppliers 4.8.3 Bargaining Power of Buyers 4.8.4 Threat of Substitutes 4.8.5 Threat of New Entrants

5 Savory Ingredients Market, By Type 5.1 Introduction 5.1.1 Yeast Extracts 5.1.2 Hydrolyzed Vegetable Proteins 5.1.3 Hydrolyzed Animal Proteins 5.1.4 Monosodium Glutamate 5.1.5 Ribonucleotides 5.2 Savory Ingredients Market, By Type 5.2.1 North America: Savory Ingredients Market, By Type 5.2.2 Europe: Savory Ingredients Market, By Type 5.2.3 Asia-Pacific: Savory Ingredients Market, By Type 5.2.4 ROW: Savory Ingredients Market, By Type

6 Savory Ingredients Market, By Application 6.1 Introduction 6.1.1 North America: Savory Ingredients Market, By Application 6.1.2 Europe: Savory Ingredients Market, By Application 6.1.3 Asia-Pacific: Savory Ingredients Market, By Applications 6.1.4 ROW: Savory Ingredients Market, By Application

7 Savory Ingredients Market, By Geography 7.1 Introduction 7.1.1 North America: Savory Ingredients Market, By Geography 7.1.2 Europe: Savory Ingredients Market, By Geography 7.1.3 Asia-Pacific: Savory Ingredients Market, By Geography 7.1.4 ROW: Savory Ingredients Market, By Geography

8 Competitive Landscape 8.1 Introduction 8.1.1 Key Market Strategies 8.1.2 Ajinomoto: A Market Leader 8.1.3 Expansions, Investments & New Innovation Centers: Most Preferred Strategic Approach 8.1.4 New Product & Technology Launches, Approvals 8.1.5 Agreements, Collaborations & Joint Ventures 8.1.6 Mergers & Acquisitions 8.2 Ajinomoto 8.2.1 Overview 8.2.2 Products 8.2.3 Strategy 8.2.4 Developments 8.2.5 MNM View 8.2.5.1 Company Review 8.2.5.2 SWOT Analysis 8.3 Angel Yeast 8.3.1 Overview 8.3.2 Products & Services 8.3.3 Strategy 8.3.4 Developments 8.3.5 MNM View 8.3.5.1 Company Review 8.3.5.2 SWOT Analysis 8.4 Vedan International 8.4.1 Overview 8.4.2 Products & Services 8.4.3 Strategy 8.4.4 Development 8.5 Kerry Group Plc. 8.5.1 Overview 8.5.2 Products & Services 8.5.3 Strategy 8.5.4 Developments 8.5.5 MNM View 8.5.5.1 Company Review 8.6 Sensient 8.6.1 Overview 8.6.2 191 8.6.3 Products & Services 8.6.4 Strategy 8.6.5 Developments 8.6.5.1 SWOT Analysis 8.7 Givaudan 8.7.1 Overview 8.7.2 Products & Services 8.7.3 Strategy 8.7.4 Developments 8.7.5 MNM View 8.7.5.1 Company Review 8.7.5.2 SWOT Analysis 8.8 Tate & Lyle 8.8.1 Overview 8.8.2 Products & Services 8.8.3 Strategy 8.8.4 Developments 8.8.5 MNM View 8.8.5.1 Company Review 8.9 Lesaffre Group 8.9.1 Overview 8.9.2 Products & Services 8.9.3 Strategy 8.9.4 Developments 8.10 Diana Group 8.10.1 Products & Services 8.10.2 Strategy 8.10.3 Developments 8.11 Royal DSM 8.11.1 Products & Services 8.11.2 Strategy 8.11.3 Developments 8.11.3.1 SWOT Analysis

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