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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Taste Modulators Market, by Type
1.4.2 Asia Pacific Taste Modulators Market, by Application
1.4.3 Asia Pacific Taste Modulators Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Taste Modulators Market by Type
3.1 Asia Pacific Sweet Modulators Market by Country
3.2 Asia Pacific Salt Modulators Market by Country
3.3 Asia Pacific Fat Modulators Market by Country
Chapter 4. Asia Pacific Taste Modulators Market by Application
4.1 Asia Pacific Beverages Market by Country
4.2 Asia Pacific Pharmaceuticals Market by Country
4.3 Asia Pacific Food Market by Country
4.4 Asia Pacific Taste Modulators Market by Food Type
4.4.1 Asia Pacific Confectionery Products Market by Country
4.4.2 Asia Pacific Bakery Products Market by Country
4.4.3 Asia Pacific Dairy Products Market by Country
4.4.4 Asia Pacific Snacks & Savory Products Market by Country
4.4.5 Asia Pacific Meat Products Market by Country
4.4.6 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Taste Modulators Market by Country
5.1 China Taste Modulators Market
5.1.1 China Taste Modulators Market by Type
5.1.2 China Taste Modulators Market by Application
5.1.2.1 China Taste Modulators Market by Food Type
5.2 Japan Taste Modulators Market
5.2.1 Japan Taste Modulators Market by Type
5.2.2 Japan Taste Modulators Market by Application
5.2.2.1 Japan Taste Modulators Market by Food Type
5.3 India Taste Modulators Market
5.3.1 India Taste Modulators Market by Type
5.3.2 India Taste Modulators Market by Application
5.3.2.1 India Taste Modulators Market by Food Type
5.4 South Korea Taste Modulators Market
5.4.1 South Korea Taste Modulators Market by Type
5.4.2 South Korea Taste Modulators Market by Application
5.4.2.1 South Korea Taste Modulators Market by Food Type
5.5 Singapore Taste Modulators Market
5.5.1 Singapore Taste Modulators Market by Type
5.5.2 Singapore Taste Modulators Market by Application
5.5.2.1 Singapore Taste Modulators Market by Food Type
5.6 Malaysia Taste Modulators Market
5.6.1 Malaysia Taste Modulators Market by Type
5.6.2 Malaysia Taste Modulators Market by Application
5.6.2.1 Malaysia Taste Modulators Market by Food Type
5.7 Rest of Asia Pacific Taste Modulators Market
5.7.1 Rest of Asia Pacific Taste Modulators Market by Type
5.7.2 Rest of Asia Pacific Taste Modulators Market by Application
5.7.2.1 Rest of Asia Pacific Taste Modulators Market by Food Type
Chapter 6. Company Profiles
6.1 Kerry Group PLC
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.5.2 Acquisition and Mergers:
6.1.5.3 Geographical Expansions:
6.2 Carbery Food Ingredients Limited (Synergy flavors)
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Product Launches and Product Expansions:
6.2.2.2 Acquisition and Mergers:
6.3 Ingredion Incorporated
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Partnerships, Collaborations, and Agreements:
6.4 Sensient Technologies Corporation
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.4.5 Recent strategies and developments:
6.4.5.1 Acquisition and Mergers:
6.5 Symrise AG
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.6 Archer Daniels Midland Company
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 Apura Ingredients, Inc.
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Partnerships, Collaborations, and Agreements:
6.8 Cargill, Corporation
6.8.1 Company Overview
6.9 Flavorchem corporation
6.9.1 Company Overview
6.10. Angel Yeast Co., Ltd.
6.10.1 Company Overview
TABLE 1 Asia Pacific Taste Modulators Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Taste Modulators Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Sweet Modulators Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Sweet Modulators Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Salt Modulators Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Salt Modulators Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Fat Modulators Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Fat Modulators Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Beverages Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Beverages Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Food Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Food Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Confectionery Products Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Confectionery Products Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Bakery Products Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Bakery Products Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Dairy Products Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Dairy Products Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Snacks & Savory Products Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Snacks & Savory Products Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Meat Products Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Meat Products Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Taste Modulators Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Taste Modulators Market by Country, 2022 - 2028, USD Million
TABLE 35 China Taste Modulators Market, 2018 - 2021, USD Million
TABLE 36 China Taste Modulators Market, 2022 - 2028, USD Million
TABLE 37 China Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 38 China Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 39 China Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 40 China Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 41 China Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 42 China Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 43 Japan Taste Modulators Market, 2018 - 2021, USD Million
TABLE 44 Japan Taste Modulators Market, 2022 - 2028, USD Million
TABLE 45 Japan Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 46 Japan Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 47 Japan Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 48 Japan Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 49 Japan Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 50 Japan Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 51 India Taste Modulators Market, 2018 - 2021, USD Million
TABLE 52 India Taste Modulators Market, 2022 - 2028, USD Million
TABLE 53 India Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 54 India Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 55 India Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 56 India Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 57 India Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 58 India Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 59 South Korea Taste Modulators Market, 2018 - 2021, USD Million
TABLE 60 South Korea Taste Modulators Market, 2022 - 2028, USD Million
TABLE 61 South Korea Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 62 South Korea Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 63 South Korea Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 64 South Korea Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 65 South Korea Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 66 South Korea Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 67 Singapore Taste Modulators Market, 2018 - 2021, USD Million
TABLE 68 Singapore Taste Modulators Market, 2022 - 2028, USD Million
TABLE 69 Singapore Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 70 Singapore Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 71 Singapore Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 72 Singapore Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 73 Singapore Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 74 Singapore Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 75 Malaysia Taste Modulators Market, 2018 - 2021, USD Million
TABLE 76 Malaysia Taste Modulators Market, 2022 - 2028, USD Million
TABLE 77 Malaysia Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 78 Malaysia Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 79 Malaysia Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 80 Malaysia Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 81 Malaysia Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 82 Malaysia Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Taste Modulators Market, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Taste Modulators Market, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 89 Rest of Asia Pacific Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 90 Rest of Asia Pacific Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 91 Key Information – Kerry Group PLC
TABLE 92 Key Information – Carbery Food Ingredients Limited
TABLE 93 Key Information – Ingredion Incorporated
TABLE 94 Key Information – Sensient Technologies Corporation
TABLE 95 key Information – Symrise AG
TABLE 96 key Information –Archer Daniels Midland Company
TABLE 97 Key Information – Apura Ingredients, Inc.
TABLE 98 Key Information – Cargill, corporation
TABLE 99 Key Information – Flavorchem corporation
TABLE 100 Key InforTmation – Angel Yeast Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Kerry Group PLC
FIG 3 Recent strategies and developments: Carbery Food Ingredients Limited