The major factors contributing to the growth of the taste enhancer market are the growth and expansion of the food and beverage industry, a growing focus on innovations in the food and beverage sector, rising consumer awareness of natural taste enhancers and food additives, and increasing personal disposable income by major companies.
Data Bridge Market Research analyses that the taste enhancers market which was growing at a value of 2.61 billion in 2021 and is expected to reach the value of USD 3.77 billion by 2029, at a CAGR of 4.70% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Some of the major players operating in the taste enhancers market are:
- Bayer AG (Germany)
- Cargill Incorporated (U.S.)
- BASF SE (Germany)
- Yara International (Norway)
- Compass Minerals (U.S.)
- Syngenta (Switzerland)
- Adama Ltd (Israel)
- Sumitomo Chemicals (Japan)
- Nufarm Limited (Australia)
- UPL (India)
- K+S Group (Germany)
- Israel Chemical Company (Israel)
- Nutreco (Netherlands)
- Adisseo (France)
- Alltech (U.S.)
- Novus International (U.S.)
- Biomin (Austria)
- Impextraco NV (Belgium)
- Norel SA (Spain)
- Global Nutritech (Turkey)
Global Taste Enhancers Market Scope
The taste enhancers market is segmented on the basis of type, application, form and source. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Acidulants
- Glutamates
- Hydrolysed Vegetable Protein
- Yeast Extracts
- Others
Application
- Processed Convenience Foods
- Beverages
- Meat Fish Products
- Others
Form
- Powder and Liquid
- Semi-Liquid
Source
- Natural
- Liquid
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Taste Enhancers Market Regional Analysis/Insights
The taste enhancers market is analysed and market size insights and trends are provided by country type, application, form and source as referenced above.
The countries covered in the taste enhancers market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is the world's largest market for taste enhancers because of rising animal health concerns and rising demand for animal feed. The North American taste enhancers market is also expanding rapidly as pet owners become more aware of quality products and the chemicals used in animal feeds.
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