Flavor Enhancers Market

Flavor Enhancers Market Outlook (2023 to 2033)

Fact.MR, in its recently published research report, reveals that, expanding at a CAGR of 5.2%, the global flavor enhancers market is projected to rise from a valuation of US$ 3.66 billion in 2023 to US$ 6.08 billion by 2033-end.

Flavor enhancers are ingredients that boost or amplify a food's flavor. They are widely used in the food business, where they can be found in a variety of items, including processed and convenience meals, drinks, meat and fish, and others.

Demand for flavor enhancers has increased as a result of a rise in the consumption of low-fat, low-sodium, and low-carbohydrate meals, where flavor enhancers are used to improve the flavor of these foods. The creation of natural flavor enhancers has opened up new market expansion potential.

The global market for flavor enhancers has been driven by modernized eating patterns, an expanding sensory-focused customer base, and rising Monosodium Glutamate (MSG) usage in food items. The industry is seeing an increase in demand for flavor enhancers due to rising consumer desire for unique, organic flavors in frozen foods.

The main purpose of flavor enhancers is to provide the food and beverage sectors with distinctive flavors. The need for these enhancers has sharply increased as a result of the high demand for processed meals.

• Flavor enhancers are gaining prominence in meat and fish products, accounting for 46% of global revenue. Growing demand for good taste, aroma, and palatability in meat and fish products has contributed to the high consumption of flavor enhancers.

Consumption of natural flavor enhancers is rising since there are more working women and more people who are aware of artificial food and beverage flavor enhancers. By using biotechnology, it is possible to create flavor-enhancing substances, also referred to as natural substances.

Growing popularity of nostalgic and fusion flavors is boosting market growth. The blending of botanical and fruit flavors has received considerable attention over the past few months. The market for flavor enhancers is likely to increase due to rising dessert and flavored milk consumption during the forecast period.

Report Attributes	Details
Flavor Enhancers Market Size (2023)	US$ 3.66 Billion
Projected Market Value (2033)	US$ 6.08 Billion
Global Market Growth Rate (2023 to 2033)	5.2% CAGR
Market Share of Glutamates (2023)	34%
Japan Market Size (2023)	US$ 161.1 Million
China Market Growth Rate (2023 to 2033)	3.9% CAGR
Market Share of Meat & Fish Product Flavor Enhancers (2023)	46%
South Korea Market Growth Rate (2023 to 2033)	4.1% CAGR
United States Market Value (2023)	US$ 1.14 Billion
Key Companies Profiled	Cargill Inc. Tate & Lyle PLC Corbion N.V. Firmenich SA Sensient Technologies Associated British Foods Plc. Givaudan Takasago International Corporation Mane SA International Flavors & Fragrances Inc. (IFF) Quest Nutrition LLC Danisco A/S

What’s Spearheading Flavor Enhancers Market Growth?

“Surging Processed Food Consumption Boosting Flavor Enhancer Sales”

High demand for processed foods has resulted in a sharp increase in the demand for flavor enhancers on the global market. These additives are used to provide unique flavors to the food and beverage industries. Increasing demand for different and organic flavors in frozen food has grown the demand for flavor enhancers in the market.

Growing awareness of healthy foods and living a healthy lifestyle has increased the demand for natural and organic flavor enhancers. Stringent regulations from key authorities, including the United States Food & Drug Administration and the Food Safety and Standards Authority of India (FSSAI) have also led to higher demand for safe flavor enhancers.

“Rising Health Consciousness Driving Demand for Naturally Sourced Enhancers”

Over the projection period, flavor enhancers will continue to drive the growth of health-conscious products as consumers turn to nutritious food as a proactive way to nourish their minds and body. Special flavor editions and seasonal flavors have the potential to revitalize brands and serve as a great opportunity for making customers aware of new products.

Fruits and vegetables, especially in powder form, will continue to grow in popularity. Future markets for flavor enhancers will be driven by the growing popularity of vegan foods and savory tastes in the market.

Consumers are increasingly demanding unique sensory experiences, which is leading to more earthy and spicy ingredients such as seaweed and traditional flavors from West Africa. Hybrid concepts that combine natural flavors with extravagant sweet, spicy, and savory flavors exemplify this trend.

Drinks specifically will see an increase in the notion of functional ingredients. These functional ingredients will be combined with traditional flavors to create hybrid taste profiles and grow the market for flavor enhancers in the market.

What is Restraining the Sales Growth of Flavor Enhancers?

“High Cost of Raw Materials and Manufacturing Processes”

Strict food standards and regulations imposed by various governments can delay the introduction of new products, impeding market expansion to some extent. The use of artificial flavor enhancers, which are viewed as unhealthy and can have long-term negative consequences on health, is a major source of consumer concern.

Use of some flavor enhancers can be constrained by rising awareness of food allergies and intolerances. The market for flavor enhancers also faces obstacles such as unfavorable consumer perceptions of artificial flavor enhancers, legal limitations on specific ingredients, and high costs of raw materials and manufacturing processes.

Which Strategy is Being Adopted by New Entrants to Enhance their Market Presence?

“New Manufacturers Offering Organic Instant Cold Flavors”

Conventional spices are typically treated with chemicals and synthetic compounds. Thus, consumers seek out organic options that provide flavors and health advantages. New companies are developing novel flavors that are preferably made using organically sourced clean-label components.

• Organic instant cold flavors are produced by the Bulgarian start-up CMYK Ingredients by mechanical pressing and fermentation. There are no solvents, chemicals, or other additions in the liquid fermented herbs. Because of their concentration and ability to preserve themselves, the flavors are easy to use and have a longer shelf life. For the retail and restaurant segments, the start-up also provides customized items.

Country-wise Insights

Why is the United States Attracting Flavor Enhancer Producers?

“Surging Preference for Convenience Foods among Working Population”

• Demand for flavor enhancers in the United States is estimated to evolve at a CAGR of 4.9% over the projection period.

Huge demand for ready-to-cook foods has led to increased interest in flavor enhancers across the United States. Increasing need for the use of sports drinks and beverages has elevated the demand for flavor enhancers in the beverage industry.

Growing preference for convenience foods among the working population is boosting market value. High demand for high-grade food preservatives has stimulated sales of flavor enhancers in the country.

How is Market Growth in the United Kingdom Projected to Unfold?

“Rise in Bakeries and Food Stores Driving Product Demand”

• The market in the United Kingdom is predicted to reach US$ 875.5 million by 2033.

Increasing demand for tasty, healthy, and cost-effective foods has greatly contributed to the growth of flavor enhancers on the market. A steady increase in demand for clean-label food flavors has grown the market demand for flavor enhancers.

A rise in bakeries and food stores has led to a growth in demand for sweet flavor enhancers and flavored syrups. In response to the increasing demand for frozen foods and beverages, flavor enhancers are in high demand.

Why is There High Demand for Flavor Enhancers in China?

“Rapid Expansion of Food & Beverage Industry”

• Consumption of flavor enhancers in China is valued at US$ 472.4 million in 2023.

Growing consumer demand for taste modulation solutions and rapid expansion of the food & beverage industry are the key factors driving the growth of flavor enhancers in the market. An increase in government initiatives emphasizing the importance of food safety and the growing awareness of healthy foods are driving demand for organic flavor enhancers.

Category-wise Insights

Which Product Type is Poised to Remain Lucrative for Market Players?

“Glutamates Rich in Flavor and Serve as Best Seasoning”

In terms of product type, the market is segmented into acidulants, glutamates, hydrolyzed vegetable proteins, and yeast extracts.

• At present, glutamates account for 34% of the global market.

Increased demand for instant noodles, hotpots, and soups has significantly raised the sales of glutamates. Glutamates are rich in flavor and serve as the best seasoning. These flavor enhancers are the best option in the quick-service restaurant business due to their high-quality and unique properties.

The food processing industry is using glutamates to a large extent due to their calming properties. Along with this, glutamate also can enhance the taste of the traditional Umami flavor of Japan.

Ready-to-eat (RTE) foods have also become a significant part of the market, which calls for the use of taste enhancers such as glutamates. Additionally, it aids in preserving the traditional and ethnic tastes of the food and aids in improving metabolism. Therefore, flavor enhancers have gained prominence growth in food products.

Competitive Landscape

Research has been conducted to determine the different properties and benefits of taste enhancers due to the growing demand for such ingredients on the global market. Scientists are also testing the effectiveness of Enzymatically Hydrolyzed Vegetable Proteins (EHVP) as flavor enhancers in various foods to improve their taste and reduce their salt intake. Researchers also focus on developing different flavor enhancers that can be used as a substitute for dairy products, MSG, and salt.

Key market players are producing several premium flavor variants, giving customers a variety of alternatives, and growing their customer bases. They are focusing on new developments, quality control, expanding their production facilities, and investing in R&D.

For instance :

• In 2022, International Taste Solutions introduced a line of liquid and powdered natural flavor enhancers called Vegan Boosts. To increase the sensory quality of bakery goods, flavor enhancers are utilized.
• Tate & Lyle PLC introduced TASTEVA M Stevia Sweetener, a new line of low-calorie sweeteners. The business wants to broaden its product options in the market and satisfy the rising demand for natural sweeteners.

Key Segments of Flavor Enhancers Industry Research

• By Product Type :

  • Acidulants
  • Glutamates
  • Hydrolyzed Vegetable Proteins
  • Yeast Extracts

• By Form :

  • Powder
  • Liquid

• By Source :

  • Natural
  • Synthetic

• By Application :

  • Convenience Foods
  • Beverages
  • Meat & Fish Products
  • Bakery Products
  • Dairy Products
  • Confectionery Products
  • Others

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa