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Taste Modulators Market

Taste Modulators Market By Type (Sweet Modulators, Salt Modulators, Fat Modulators), Application (Food Products, Beverages), and Geography- Global Forecast to 2024

Report ID:MRFB - 10414 Pages: 143 Oct-2018 Formats*: PDF Category: Food and Beverages Delivery: 2 to 4 Hours

The Taste Modulators Market is expected to grow at a CAGR of 7.9% from 2018 to reach $1,831.3 million by 2024. With growing health and wellness trend, consumer demands low sugar, fat, or salt-based food products. Food manufacturers are increasingly seeking various ways to meet these demands. However, balancing of the flavor profile by reducing fat, sugar, or salt product hinders the overall taste of the product. Also, the alteration in the calorie not only impacts the mouthfeel but also affects the aroma and taste of the product. Thus, there is increasing use of taste modulators into the food products which reduces fat, sugar, or salt content of the products along with either retaining or masking the taste of the products. Primarily, the increasing consumer demand for reduced calorie food products expedites the taste modulators market growth. Also, increasing awareness regarding excessive salt intake and enhanced flavor masking benefits of taste modulators further drives the growth of this market.

Increasing consumption of low-calorie, low-salt, and low-fat food products fuels the growth of taste modulators market

The increasing hazards from diabetes and obesity have fuelled the demand for low-calorie food products globally. According to the International Diabetes Federation (IDF), the global rate of diabetes has reached 425 million in 2017 and is expected to reach 629 million by 2024, experiencing an increase of 48%. The prevalence of diabetes is majorly observed in Asia-Pacific (241 million), followed by Europe (58 million) and North America (46 million). Also, according to the World Health Organization (WHO), 1.9 billion adults were overweight in 2016 out of which 650 million are obese globally. The increasing prevalence of diabetes and obesity thus demands for the reduction of calorie, salt, and fat in the food products which thereby increases the demand of taste modulators from food manufacturers.

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Key findings in the market study:

Sweet modulators pose the fastest Taste Modulators Market growth

The sweet taste modulators offer replacement for sugar in various food products including beverage, baking, dairy and ice-cream, and nutritional products, among others. The increasing awareness among the consumers regarding high-calorie and high-salt intake and growing prevalence of diabetes and obesity have fuelled the demand for sweet modulators worldwide. In addition, the nutritional benefits that are offered by the sweet modulators have helped them to gain popularity among the consumers.

Beverages segment dominates the global taste modulators market

Beverages segment dominates this market, which is mainly attributed to the increasing health consciousness among the consumers, huge consumption of non-alcoholic beverages such as sports drinks, energy drinks etc., and growing demand for low calories and low sugar-based drinks.

Confectionary products to witness the fastest Taste Modulators Market growth through 2024

The taste modulators market for confectionary products is expected to witness the fastest growth through 2024, owing to increasing demand to regulate the sweetness in the confectionary products as well as to maintain an acidity balance between the sweet and sour taste of the product. Taste modulators are also increasingly used to maintain the mouthfeel and to reduce the after-taste effect in the confectionary products.

Asia Pacific: The fastest growing regional Market

North America commanded the largest share of the global taste modulators Industry in 2017, followed by Europe and Asia Pacific; however, Asia Pacific region is expected to witness the fastest growth during the forecast period. The rapid growth of this region is mainly due to increasing demand of processed food products in the emerging and developing countries such as India, China, Indonesia, and Thailand; growing health and wellness trend; rising prevalence of obesity and diabetes; and its massive food and beverages industry. Moreover, increasing urbanization and disposable income further supports the growth of this market.

Market Key Players:

The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2015-2018). The key players profiled in the global taste modulators market research report are Kerry Group plc, Koninklijke DSM N.V., Ingredion Incorporated, Symrise AG, Sensient Technologies, Givaudan SA, Firmenich S.A., International Flavors and Fragrances, The Flavor Factory, Carmi Flavor and Fragrance Co. Inc, Flavorchem Corporation, and Senomyx, Inc.

Scope of the Market Report:

by Product Type

  • Sweet Modulators
  • Salt Modulators
  • Fat Modulators

by Application

  • Food Products
    • Bakery
    • Dairy
    • Confectionary
    • Snacks and Savory
    • Meat Products
    • Other Food Products
  • Beverages
    • Non-alcoholic Beverages
    • Alcoholic Beverages

by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia-Pacific (APAC)
    • Japan
    • China
    • India
    • Australia
    • Rest of APAC (RoAPAC)
  • Rest of World
    • Latin America
      • Mexico
      • Brazil
      • RoLA
    • Middle East and Africa

Key questions answered in the Market report:

Growing consumer demand for reduced-calorie food products while retaining the original taste propels the overall taste modulators market

  • How does the consumer demand for reduced-calorie food in developed regions differ from developing countries like India, and China?
  • How is the competition between the major global and prominent local players in this market?
  • Which are the high growth market segments in terms of product type, application, region, and country?

Sweet Modulators account for the largest share of this market, globally

  • What factors contribute to the growth of sweet modulators for overall taste modulators?
  • Which geographic segment is expected to experience the fastest growth in the adoption of taste modulators?
  • How does the penetration of sweet modulators differ from other types such as salt and fat modulators?

Beverages market favors both larger and local manufacturers that compete in this market

  • What are the top competitors in this market and what strategies do they employ to gain shares in the market?
  • What is driving the growth and which market segments have the most potential for revenue expansion over the forecast period?
  • What strategies should new companies look to enter this market use to compete effectively?
  • What are the major drivers, restraints and opportunities in the taste modulators Industry?
  • Who are the major players in various countries and what share of the market do they hold?
  • What are the geographical trends and high growth regions/ countries?

Recent partnerships, acquisitions, and expansions have taken place in the global taste modulators market

  • What companies have recently merged/acquired and how will these unions affect the competitive landscape of the market?
  • What companies have created partnerships and how will these partnerships promote a competitive advantage?
  • Who are the major players in the market and what share of the market do they hold?
  • Who are the local emerging players in the market and how do they compete with the global players?
  • What companies have recently launched new products and how do they benefit the taste modulators market?
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1.  Introduction  
       1.1.  Market Ecosystem
       1.2.  Currency and Limitations
                1.2.1.  Currency
                1.2.2.  Limitations
       1.3.  Key Stakeholders

2.  Research Methodology
       2.1.  Research Process
                2.1.1.  Secondary Research
                2.1.2.  Primary Research
                2.1.3.  Market Size Estimation

3.  Executive Summary

4.  Market Insights
       4.1.  Introduction  
       4.2.  Drivers
                4.2.1.  Growing Consumer Demand for Low Calorie Food Products with Original Taste
                4.2.2.  Increasing Awareness Regarding Excessive Salt Intake
                4.2.3.  Enhanced Flavor Masking Benefits of Taste Modulators
       4.3.  Restraints
                4.3.1.  Stringent Regulations and International Standards for Sweet and Salt Reducing Ingredients
       4.4.  Opportunities
                4.4.1.  Increasing Research on Positive Allosteric Modulators (PAM)
       4.5.  Challenges
                4.5.1.  Uncertainty Regarding the Effect of Taste Modulators on Health

5.  Global Taste Modulators Market, by Type  
       5.1.  Introduction  
       5.2.  Sweet Modulators
       5.3.  Salt Modulators
       5.4.  Fat Modulators

6.  Global Taste Modulators Market, by Application
       6.1.  Introduction  
       6.2.  Beverages
                6.2.1.  Non-Alcoholic Beverages
                6.2.2.  Alcoholic Beverages
       6.3.  Food Products
                6.3.1.  Dairy Products
                6.3.2.  Bakery Products
                6.3.3.  Confectionary Products
                6.3.4.  Snacks and Savory Products
                6.3.5.  Meat and Meat Products
                6.3.6.  Other Food Products

7.   Taste Modulators Market, by Geography
       7.1.  Introduction  
       7.2.  North America
                7.2.1.  U.S.
                7.2.2.  Canada
       7.3.  Europe
                7.3.1.  Germany
                7.3.2.  France  
                7.3.3.  U.K.
                7.3.4.  Italy
                7.3.5.  Spain
                7.3.6.  Roe
       7.4.  Asia-Pacific
                7.4.1.  China
                7.4.2.  India
                7.4.3.  Japan
                7.4.4.  Australia
                7.4.5.  RoAPAC
       7.5.  Rest of World
                7.5.1.  Latin America  
                            7.5.1.1.  Mexico
                            7.5.1.2.  Brazil
                            7.5.1.3.  Rest of Latin America
                7.5.2.  Middle East & Africa

8.  Competitive Landscape
       8.1.  Introduction
       8.2.  Alliances and Acquisitions
       8.3.  New Product Launches
       8.4.  Partnerships, Agreements, and Collaborations
       8.5.  Expansions

9.  Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
       9.1.  Koninklijke DSM N.V.
       9.2.  Kerry Group Plc
       9.3.  Ingredion Incorporated
       9.4.  Symrise Ag
       9.5.  Sensient Technologies
       9.6.  Givaudan Sa
       9.7.  Firmenich S.A.
       9.8.  International Flavors & Fragrances
       9.9.  The Flavor Factory
       9.10.  Carmi Flavor & Fragrance Co. Inc
       9.11.  Flavorchem Corporation
       9.12.  Senomyx, Inc.  

10.  Appendix
        10.1.  Questionnaire
        10.2.  Available Customization

List of Tables

Table 1  Total Global Taste Modulators Market: Impact Analysis of Market Drivers (2018–2024)
Table 2  Total Global Taste Modulators Market: Impact Analysis of Market Restraints (2018–2024)
Table 3  Global Taste Modulators Market Size, by Type, 2016–2024 ($ Million)
Table 4  Global Sweet Modulators Market Size, by Region/Country, 2016- 2024 ($ Million)
Table 5  Global Salt Modulators Market Size, by Region/Country, 2016- 2024 ($ Million)
Table 6  Global Fat Modulators Market Size, by Region/Country, 2016- 2024 ($ Million)
Table 7  Global Taste Modulators Market Size, by Application, 2016–2024 ($ Million)
Table 8  Global Taste Modulators Market Size for Beverages, by Type, 2016–2024 ($ Million)
Table 9  Global Taste Modulators Market for Beverages, by Country/Region, 2016- 2024 ($ Million)
Table 10  Global Taste Modulators Market for Non-Alcoholic Beverages, by Country/Region, 2016- 2024 ($ Million)  
Table 11  Global Taste Modulators Market for Alcoholic Beverages, by Country/Region, 2016- 2024 ($ Million)
Table 12  Global Taste Modulators Market Size for Food Products, by Type, 2016–2024 ($ Million)
Table 13  Global Taste Modulators Market Size for Food Products, by Country/Region, 2016- 2024 ($ Million)
Table 14  Global Taste Modulators Market Size for Dairy Products, by Country/Region, 2016- 2024 ($ Million)  
Table 15  Global Taste Modulators Market Size for Bakery Products, by Country/Region, 2016- 2024 ($ Million)  
Table 16  Global Taste Modulators Market Size for Confectionary Products, by Country/Region, 2016- 2024 ($ Million)  
Table 17  Global Taste Modulators Market Size for Snacks and Savory Products, by Country/Region, 2016- 2024 ($ Million)
Table 18  Global Taste Modulators Market Size for Meat Products, by Country/Region, 2016- 2024 ($ Million)  
Table 19  Global Taste Modulators Market Size for Other Food Products by Country/Region, 2016- 2024 ($ Million)
Table 20  North America: Taste Modulators Market Size, by Country, 2016- 2024 ($ Million)
Table 21  North America: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 22  North America: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 23  North America: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 24  North America: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 25  U.S.: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 26  U.S.: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 27  U.S.: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 28  U.S.: Taste Modulators Market Size for Food Products, 2016-2024 ($ Million)
Table 29  Prevalence of Diabetes in Canada, 2015-2025
Table 30  Canada: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 31  Canada: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 32  Canada: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 33  Canada: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 34  Europe: Taste Modulators Market Size, by Country, 2016- 2024 ($ Million)
Table 35  Europe: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 36  Europe: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 37  Europe: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 38  Europe: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 39  Germany: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)  
Table 40  Germany: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 41  Germany: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 42  Germany: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 43  France: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 44  France: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 45  France: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 46  France: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 47  U.K.: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 48  U.K.: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 49  U.K.: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 50  U.K.: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 51  Italy: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 52  Italy: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 53  Italy: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 54  Italy: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 55  Spain: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 56  Spain: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 57  Spain: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 58  Spain: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 59  Roe: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
 Table 60  Roe: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 61  Roe: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 62  Roe: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 63  Asia Pacific: Taste Modulators Market Size, by Country, 2016- 2023 ($ Million)
Table 64  Asia Pacific: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 65  Asia Pacific: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)  
Table 66  Asia Pacific: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 67  Asia Pacific: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 68  China: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
 Table 69  China: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 70  China: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 71  China: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 72  India: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 73  India: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 74  India: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 75  India: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 76  Japan: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 77  Japan: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 78  Japan: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 79  Japan: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 80  Australia: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 81  Australia: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 82  Australia: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 83  Australia: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 84  RoAPAC: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 85  RoAPAC: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 86  RoAPAC: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 87  RoAPAC: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 88  RoW: Taste Modulators Market Size, by Country, 2016- 2024 ($ Million)
Table 89  RoW: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 90  RoW: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 91  RoW: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 92  RoW: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 93  Latin America: Taste Modulators Market Size, by Country, 2016-2024 ($ Million)
Table 94  Latin America: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 95  Latin America: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 96  Latin America: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 97  Latin America: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 98  Mexico: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 99  Mexico: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 100  Mexico: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 101  Mexico: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 102  Brazil: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 103  Brazil: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 104  Brazil: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 105  Brazil: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 106  ROLA: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 107  ROLA: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)
Table 108  ROLA: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)
Table 109  ROLA: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)
Table 110  Middle-East and Africa: Taste Modulators Market Size, by Type, 2016-2024 ($ Million)
Table 111  Middle-East and Africa: Taste Modulators Market Size, by Application, 2016-2024 ($ Million)  
Table 112  Middle-East and Africa: Taste Modulators Market Size for Beverages, by Type, 2016-2024 ($ Million)  
Table 113  Middle-East and Africa: Taste Modulators Market Size for Food Products, by Type, 2016-2024 ($ Million)  
Table 114  Number of Developments by Companies
Table 115  Mergers and Acquisitions (2015-2018)
Table 116  New Product Launches (2015-2018)
Table 117  Partnerships, Agreements, and Collaborations (2015-2018)
Table 118  Expansions (2015-2018)

List of Figures

Figure 1  Research Process
Figure 2  Key Executives Interviewed
Figure 3  Primary Research Techniques
Figure 4  Sweet Modulators to Witness Significant Growth During the Forecast Period
Figure 5  Beverages to Dominate the Global Market During the Forecast Period
Figure 6  Non-Alcoholic Beverages to Experience a Growth During the Forecast Period
Figure 7  Where Are the Opportunities for You?
Figure 8  Dairy Products Expected to Dominate the Global Taste Modulators Market During the Forecast Period
Figure 9  North America Commanded the Largest Share of the Global Taste Modulators Market in 2018
Figure 10  Global Taste Modulators Market Size, by Type, 2018–2024 ($ Million)
Figure 11  Global Taste Modulators Market Size, by Application, 2018–2024 ($ Million)
Figure 12  Global Taste Modulators Market Size for Beverages, by Type, 2018–2024 ($ Million)
Figure 13  Global Taste Modulators Market Size for Food Products, by Type, 2018–2024 ($ Million)
Figure 14  Leading Adopters of Taste Modulators
Figure 15  Global Taste Modulators Market Share, By Region, 2017 (%)
Figure 16  Global Taste Modulators Market Growth Potential, by Country, 2018-2024 (%)
Figure 17  Global Taste Modulators Market Size, by Geography, 2018–2024 ($Million)
Figure 18  Canadian Food and Beverage Processing Industry, by Segment, 2014 (In $ Billion)
Figure 19  France: Food Processing Industries Annual Revenue (%), 2015
Figure 20  Food Production, by Industry, Mexico, 2015
Figure 21  Key Growth Strategies Adopted by Key Players, 2015-2018
Figure 22  Koninklijke DSM N.V.: Financial Overview (2015-2017)
Figure 23  Kerry Group plc: Financial Overview (2015-2017)
Figure 24  Ingredion Incorporated: Financial Overview (2015-2017)
Figure 25  Symrise AG: Financial Overview (2015-2017)
Figure 26  Sensient Technologies: Financial Overview (2015-2017)
Figure 27  Givaudan SA: Financial Overview (2015-2017)
Figure 28  International Flavors and Fragrances: Financial Overview (2015-2017)

 

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