Global taste modulators market size is expected to reach $2.92 Bn by 2028 at a rate of 9.1%, segmented as by product type, sweet modulators, salt modulators, fat modulators
The taste modulators market is expected to grow with a CAGR of 10.92% during the forecast period of 2020-2027. Data Bridge Market Research report on taste modulators market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Rising awareness about the benefits of consumption of low-calorie and low-fat food products and rising prevalence of diabetes and obesity have resulted in higher demand for products helping to mask or improve the flavour of food items.
Key players operating in the market include Koninklijke DSM N.V., Ingredion Incorporated, Symrise AG, Sensient Technologies, Givaudan SA, Firmenich S.A., International Flavors and Fragrances, The Flavor Factory, Carmi Flavor and Fragrance Co. Inc., Flavorchem Corporation, and Senomyx, Inc. among many others. Market players are concentrating on expanding their geographical footprint through mergers and acquisitions.
The global taste modulators market is projected to reach US$ 1.9 Bn by the end of 2030. The market was valued at US$ 1.2 Bn in 2020. If these figures hold true, the market will exhibit a CAGR of 5.1% between 2020 and 2030.
The global taste modulators market is projected to reach US$ 1.9 Bn by the end of 2030. The market was valued at US$ 1.2 Bn in 2020. If these figures hold true, the market will exhibit a CAGR of 5.1% between 2020 and 2030.
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