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Food Flavour Enhancer Market, Global Outlook and Forecast 2023-2029

Food Flavour Enhancer Market, Global Outlook and Forecast 2023-2029

  • Published on : 16 May 2023
  • Pages :117
  • Report Code:SMR-7690077

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Report overview

Food Flavor Enhancers are used in foods to enhance the existing flavor in the food. The common food flavor enhancers include Monosodium Glutamate (MSG), L-alanine, Hydrolyzed Vegetable Proteins (HVP) and Yeast Extract.
This report aims to provide a comprehensive presentation of the global market for Food Flavour Enhancer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Flavour Enhancer. This report contains market size and forecasts of Food Flavour Enhancer in global, including the following market information:
  • Global Food Flavour Enhancer Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Food Flavour Enhancer Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Food Flavour Enhancer companies in 2022 (%)
The global Food Flavour Enhancer market was valued at US$ 10330 million in 2022 and is projected to reach US$ 13090 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Food Flavor Enhancer key players include Fufeng, Meihua, Ajinomoto Group, etc. Global top three manufacturers hold a share about 55%.
Asia-Pacific is the largest market, with a share about 70%, followed by North America and Europe, both have a share over 20 percent.
In terms of product, Monosodium Glutamate (MSG) is the largest segment, with a share about 55%. And in terms of application, the largest application is Food Processing Industry, followed by Restaurants.
We surveyed the Food Flavour Enhancer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Flavour Enhancer Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Food Flavour Enhancer Market Segment Percentages, by Type, 2022 (%)
  • Monosodium Glutamate (MSG)
  • Hydrolyzed Vegetable Protein (HVP)
  • Yeast Extract
  • Others
Global Food Flavour Enhancer Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Food Flavour Enhancer Market Segment Percentages, by Application, 2022 (%)
  • Processed & Convenience Foods
  • Beverages
  • Meat & Fish Products
  • Others
Global Food Flavour Enhancer Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Food Flavour Enhancer Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Food Flavour Enhancer revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Food Flavour Enhancer revenues share in global market, 2022 (%)
  • Key companies Food Flavour Enhancer sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Food Flavour Enhancer sales share in global market, 2022 (%)
  • Further, the report presents profiles of competitors in the market, key players include:
  • Cargill
  • Tate & Lyle PLC
  • Associated British Foods PLC
  • Corbion N.V.
  • Sensient Technologies Corporation
  • Novozymes A/S
  • Dupont
  • Angel Yeast Co., Ltd
  • Innova Flavors
  • Savoury Systems International, Inc.
  • Senomyx, Inc.
  • Ajinomoto Co, Inc
  • Fufeng
  • Meihua
  • Lianhua
  • Shandong Qilu Bio-Technology Group
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Food Flavour Enhancer, market overview.
  • Chapter 2: Global Food Flavour Enhancer market size in revenue and volume.
  • Chapter 3: Detailed analysis of Food Flavour Enhancer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Food Flavour Enhancer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Food Flavour Enhancer capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.