Global Food Flavor Enhancer Sales Market by Type (Monosodium Glutamate (MSG), Hydrolyzed Vegetable Protein (HVP), Yeast Extract, Others), By Application (Restaurants, Home Cooking, Food Processing Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Food Flavor Enhancer Market size is projected to grow from USD 3.5 billion in 2016 to USD X.X billion by 2028, at a CAGR of 5.1% from 2017-2028. The growth of the global food flavor enhancer market is driven by factors such as increased consumption of processed foods and demand for convenience foods globally, growing interest among consumers towards healthier diets, and increasing population coupled with rising disposable income levels across developing economies which will drive up the demand for processed food products.

The food flavor enhancer or artificial flavoring is a combination of chemical ingredients added to make the taste of bland tasting foods more palatable. This can be in powdered form and is typically used for seasoning meat products such as sausages and canned meats. Alternatively, it may come in a liquid solution that consists of water along with propylene glycol alginate syrup that helps maintain its stability when stored at room temperature.

Food flavor enhancer is a compound that imparts a savory taste to food by stimulating sweet and umami receptors in the human tongue. Flavor enhancers are added to processed foods so as to enhance their existing natural flavors and tastes, besides making them less expensive than fresh or unprocessed products. There are a lot of different ways to make food flavor enhancers. A great ingredient used in making it is glutamate, which can be found naturally or made from other ingredients such as sugar and salt. This type of amino acid has been known for its ability to enhance the taste of foods without adding any extra calories. The process begins by breaking down proteins into smaller pieces that then form glutamic acid during fermentation. In some cases though, these acids may also come from protein hydrolysates or plants extracts like yeast extractions on soybeans.

On the basis of Type, the global food flavor enhancer market is segmented into MSG, HVP, and others.

MSG:

Monosodium Glutamate (MSG) is a sodium salt of glutamic acid, which almost all living beings are capable of producing in their body. It enhances the taste and flavor greatly when used as a food enhancer or additive.  MSG is a flavor enhancer, which has the property of saltiness and umami. It works by stimulating glutamate receptors in your taste buds to enhance flavors. MSG is a sodium salt that occurs naturally in foods such as tomatoes, potatoes, and cheeses. It's made by fermenting starch or molasses with bacteria like Bacillus subtilis.

HVP:

HVP food flavor enhancers are made by hydrolyzing proteins to the extent that they become free of their original amino acid configuration. They are then mixed with salt, sugar, and other ingredients to give them the desired taste for various applications. HVP food flavor enhancer is made from natural protein. It is produced by processing soy, wheat gluten, or corn with hydrochloric acid to break it down into amino acids. The proteins are isolated and purified so that they can be used in the manufacturing of HVP food flavoring additives. HVP food flavor enhancer is made by boiling soybeans in water. The solution is filtered and heated to remove impurities, leaving behind solids that are then pulverized into powder form. This can be further processed to produce a light-colored or dark product depending on the desired taste profile and nutritional content of the final HVP food flavor enhancer.

On the basis of Application, the global food flavor enhancer market is segmented into restaurants, home cooking, processing industry.

On the basis of Region, the global food flavor enhancer market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region is anticipated to dominate the market during the forecast period. The increased demand for flavor enhancers in the U.S., Canada, and Mexico are expected to contribute towards increasing growth of the food flavors industry in this region over the next few years. Furthermore, rising product launch activities by key players are also supporting the regional growth trends of food flavors.

In Europe, Germany is estimated to be the major consumer of food flavors in the region. The market for flavor enhancers in this country is expected to grow significantly due to increasing preference towards processed foods among consumers along with rising demand from restaurants and hotels industry. U.K., France, Spain, Italy are some other key markets that also contribute toward the growth of the overall European food flavors market.

The Asia Pacific represents one of the most promising regions in terms of developing countries such as China, India, etc. The growing need for quality branded products backed by improved infrastructure development activities will see strong growth over the next few years both in developed economies like Japan and South Korea as well emerging ones including Thailand & Malaysia among others. Moreover, increasing disposable income coupled with growing urbanization is expected to have a significant impact on the food flavors market in the Asia Pacific region.

Food flavor enhancers in the Middle East and Africa are expected to grow with a CAGR of around 13% during 2019-2028. The low growth rate can be attributed to factors such as rising awareness about healthy food, a growing middle-class population that prefers homemade food over processed one and rising health concerns among people leading them to avoid MSG consumption which has been criticized for its side effects. The rising demand for processed foods that offer enhanced taste along with improved shelf life across regions including Africa is one of the key drivers fuelling this industry's growth globally.

Growth Factors For The Global Food Flavor Enhancer Market:

The growth will be primarily driven by factors such as growing demand for packaged food products among millennials in Latin America coupled with increasing awareness about health benefits associated with home cooking & organic ingredients. Other important drivers are convenience attributes offered by various packaging formats that include sachets, pouches, etc., applications across several subsegments including restaurants, home cooking industry are likely to propel market growth over the next few years. Moreover, rising health awareness combined with changing dietary patterns has influenced consumers toward consuming more processed foods which further has led to increased penetration rates of restaurant chains worldwide thereby boosting the global market for these products accordingly.  Moreover, increasing disposable income coupled with changing consumer lifestyles is expected to further fuel demand for processed food products.

Up Market Research published a new report titled “Food Flavor Enhancer Sales Market research report which is segmented by Types (Monosodium Glutamate (MSG), Hydrolyzed Vegetable Protein (HVP), Yeast Extract, Others), By Applications (Restaurants, Home Cooking, Food Processing Industry), By Players/Companies Fufeng, Meihua, Ajinomoto Group, Eppen, Angel Yeast, Biospringer, Ohly, DSM, AIPU Food Industry, Innova”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Food Flavor Enhancer Sales Market Report Segments:

The market is segmented by Type Monosodium Glutamate (MSG), Hydrolyzed Vegetable Protein (HVP), Yeast Extract, Others and By Application Restaurants, Home Cooking, Food Processing Industry.

Some of the companies that are profiled in this report are:

1. Fufeng
2. Meihua
3. Ajinomoto Group
4. Eppen
5. Angel Yeast
6. Biospringer
7. Ohly
8. DSM
9. AIPU Food Industry
10. Innova

Food Flavor Enhancer Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Food Flavor Enhancer Sales Market

Overview of the regional outlook of the Food Flavor Enhancer Sales Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Food Flavor Enhancer Sales Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Food Flavor Enhancer Sales Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Monosodium Glutamate (MSG)

                2. Hydrolyzed Vegetable Protein (HVP)

                3. Yeast Extract

                4. Others

                1. Restaurants

                2. Home Cooking

                3. Food Processing Industry

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Food Flavor Enhancer Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Food Flavor Enhancer Sales Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.