Asia Pacific Taste Modulators Market

Asia Pacific Taste Modulators Market Size, Share & Industry Trends Analysis Report By Type (Sweet Modulators, Salt Modulators and Fat Modulators), By Application (Beverages, Pharmaceuticals and Food), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-13587 Publication Date: January-2023 Number of Pages: 83
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Market Report Description

The Asia Pacific Taste Modulators Market would witness market growth of 7.7% CAGR during the forecast period (2022-2028).

Working with the fundamental tastes may present the food formulator with a number of challenges. For instance, high-intensity sweeteners based on stevia are being developed as a replacement for sugar, which detractors have connected to illnesses including diabetes and obesity. With the recent increase of stevia-based products over the past couple of years, there has been a rush of taste modulators to help cover up their bitter, licorice-like aftertastes. In any case, there might be a rising demand for these taste modulators given some food companies' commitments to reduce the quantity of sugar in their goods.

It is possible to successfully combine sour notes with sugar-free or low-sugar sweetness by blending fruity flavors with taste modulators, as is the case with lemonade and key lime flavors in zero-calorie formulations. This can be especially helpful in beverages like sodas, teas, or energy drinks that employ sucralose, stevia, or monk fruit extract for their sweetness. Modulators can also be used to mix sweet flavors to enhance the sensory experience of dairy goods without added sugar, such as fruit yogurts and ice creams.

As urbanization and the adoption of western culture rise in emerging countries like China and India, there is an increase demand for flavor modulators. Due to its vast population and potential client base, China continues to be a lucrative market for food additives in the area. Additionally, the country is experiencing a huge period of innovation and the launch of new goods. Major firms are investing in raising the production capacity of the country and planning company expansion to boost market penetration.

The China market dominated the Asia Pacific Taste Modulators Market by Country in 2021; thereby, achieving a market value of $169.5 million by 2028. The Japan market is registering a CAGR of 7% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 8.4% during (2022 - 2028).

Based on Type, the market is segmented into Sweet Modulators, Salt Modulators and Fat Modulators. Based on Application, the market is segmented into Beverages, Pharmaceuticals and Food. Based on Food Type, the market is segmented into Confectionery Products, Bakery Products, Dairy Products, Snacks & Savory Products, Meat Products and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Taste Modulators Market is Projected to reach USD 2 Billion by 2028, at a CAGR of 7%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group PLC, Carbery Food Ingredients Limited, Ingredion Incorporated, Sensient Technologies Corporation, Symrise AG, Archer Daniels Midland Company, Apura Ingredients, Inc., Cargill, Corporation, Flavorchem corporation and Angel Yeast Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Sweet Modulators
  • Salt Modulators
  • Fat Modulators

By Application

  • Beverages
  • Pharmaceuticals
  • Food
    • Confectionery Products
    • Bakery Products
    • Dairy Products
    • Snacks & Savory Products
    • Meat Products
    • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Kerry Group PLC
  • Carbery Food Ingredients Limited
  • Ingredion Incorporated
  • Sensient Technologies Corporation
  • Symrise AG
  • Archer Daniels Midland Company
  • Apura Ingredients, Inc.
  • Cargill, Corporation
  • Flavorchem corporation
  • Angel Yeast Co., Ltd.
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