Taste Modulators Market Report, Size with Growth Research 2021 - Comprehensive Insights

As per UnivDatos Market Insights, Global Taste Modulators Market is expected to reach the market valuation of USD 2,553.58 million by 2027 expanding at a reasonable CAGR of 9.9% during the forecast period (2021-2027) from USD 1,322.5 million in 2020.

The surge in the Taste Modulators Market is due to the growing health and wellness trend and high demand for healthy but flavor balanced food and beverages. In addition to this, the increasing burden of obese and diabetic population has escalated the global demand for zero-calorie and low-fat food commodities augmenting the growth of taste modulators market across the world. For instance, according to the International Diabetes Federation (IDF), the global rate of diabetes has reached 425 million in 2017 and is expected to reach 629 million by 2024, experiencing an increase of 48%.     

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The report “Global Taste Modulators Market: Current Analysis and Forecast (2020-2027)” by UnivDatos Market Insights delivers a comprehensive analysis of type and applications.

Global Taste Modulators Market Segmentation

By Type:

• Sweet modulators
• Salt modulators
• Fat modulators

By Applications:

• Food
  • Bakery products
  • Confectionery products
  • Snacks and savory products
  • Meat products
  • Other foods
• Beverages
  • Alcoholic
  • Non-alcoholic

By Region:

• North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
• Rest of World

Based on type, the market has been segmented in sweet, salt and fat modulators. As per UnivDatos Analysis, in 2020, Sweet modulators occupied the largest market share and is expected to grow at XX% CAGR during the forecast period. The demand for sweetness modulating elements is rising as many manufacturers are focusing on cutting calories and sugar content to maintain overall nutritional value of their products while maintaining the high-quality sweet taste. For example, Kerry, the world’s leading taste and nutrition company has launched its ‘TasteSense Sweet Suitable for Organic’ that addresses the evolving consumer and regulatory demand for more natural flavorings and reduced calories in food and beverages, facilitating sugar reduction by up to 30%.

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Additionally, this report also provides insights into the global taste modulators market according to the regions such as North America, Europe, Asia-pacific, and the rest of the world. North America dominated the global taste modulators market in 2020. However, Asia-Pacific is expected to grow exponentially during the forecast period owing to the implementation of sugar taxes in countries such as India, Thailand, Malaysia etc. to fight certain chronic diseases especially obesity and diabetes. For instance, according to the study conducted by Cardiovascular institute of Stanford University in the United States, the sugar sweetened beverage tax can help in preventing obesity in 11.2 million Indians and Type-2 diabetes in 400,000 people from 2014-2023.      

Key players

The market is highly fragmented due to the presence of different large, small, and medium-scale players. The market of taste modulators is highly competitive. Some of the key players that hold major market share include companies are:

• DSM
• Kerry
• Ingredion
• International Flavors and Fragrances
• Symrise
• The Flavor Factory
• Carmi Flavor & Fragrance
• Flavorchem Corporation
• Sensient Technologies
• Senomyx

Detailed analysis of key driver of Taste Modulators Market browses through - https://univdatos.com/report/taste-modulators-market/

Final Report will add the analysis of the impact of COVID-19 on this industry.”

In the highly import dependent Indian medical devices market, a large number of indigenous manufacturers of syringes & needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.

The report provides a snapshot of the syringes & needles market. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the market has been discussed in the next section.

The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.

A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:

What is the aim of the report?

• The market report presents the estimated market size of taste modulators market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
• An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
• The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
• The various parameters accelerating the growth of Market are incorporated in the research report.
• The report analyzes growth rate, market size and valuation of the Market during the forecast period.

Detailed analysis of key driver of Taste Modulators Market browses through - https://univdatos.com/report/taste-modulators-market/

What aspects regarding the regional analysis Market are included in this report?

• Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
• The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
• The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
• Based on what factors are the key market players assessed in this report?
• The report offers detailed analysis of leading companies in the market across the globe.
• It provides details of the major vendors involved in the Market including Key Players
• A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
• the manufactured products is incorporated in the report.
• The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
• The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?

• Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.

• The report offers the present scenario and future growth prospects Market in various geographical regions.
• The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
• The SWOT analysis is conducted along with Porter's Five Force analysis.
• The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.