Market Research Future (Food and Beverages) Savory Ingredients Market Research Report by Size | Page 4

Savory Ingredients Market Research Report – Forecast to 2023
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Segments:
The global savory ingredients market is segmented into type, source, function, and application.
On the basis of type, savory ingredients market is segmented into yeast extract, starch, protein, monosodium
glutamate, nucleotides and others. Among all, the monosodium glutamate segment will witness exponential growth
rate during the forecast period, as it acts as a thickening and stabilizing agent in food products.
On the basis of source, savory ingredients market is segmented into natural and synthetic. Among all, natural source
segment holds the major market share, due to health consciousness among consumers.
On the basis of application, it is segmented into food and feed. Among all, the food segment dominates the market
followed by feed industries owning to its high application as a food texture enhancer
Regional Analysis:
North America will witness maximum growth in the Savory Ingredients market followed by Europe. In terms of value,
the market size of North America will continue to be high with more than half of the market share. The increasing per
capita disposable income in India and China and growing demand for ready-to-cook and ready-to-eat food products
will drive the demand for savory Ingredients.
Furthermore, changing lifestyle and shifting food consumption pattern in countries like China and India will propel
the growth of savory ingredients in the Asia Pacific. High volume consumption of sauces and noodles in Asia Pacific
region is expected to grow the fastest in near future.
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