The Latin America, Middle East and Africa Taste Modulators Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
The need for reduced-sugar choices will increase as more individuals start to shun sugar. Food and beverage companies continue to develop novel applications for new ingredients and technology to reduce sugar in response to this trend, although production still faces challenges related to formulation and availability. Moreover, taste modulation provides formulators with a number of solutions to these problems. While masking off flavors from a variety of components, including low- and no-calorie sweeteners, is what taste modulators are most known for, they are capable of much more.
Other food & beverage areas could also see synergies. For instance, taste modulators can increase and prolong the cooling sensation in mint candies. When used as an ingredient in products like sugar-free liqueurs and flavor syrups, this sensory impact interacts well with sugar alcohols or high-intensity sweeteners. The toolbox of options for combining sweetness and complementing tastes is expanded by taste modulation for formulators aiming to produce complex, engaging flavors.
Building a number of contemporary and sumptuous hotel complexes some decades ago helped the government of the United Arab Emirates kickstarts the expansion of the hospitality sector. Currently, the country may be proud of having one of the top hospitality sectors in the entire world. Local as well as international hotel chains that provide greater levels of service are expanding at a rapid rate each year. The hospitality sector has a significant impact on where national and international gatherings like festivals, conferences, and seminars are held.
The Brazil market dominated the LAMEA Taste Modulators Market by Country in 2021; thereby, achieving a market value of $37.2 million by 2028. The Argentina market is showcasing a CAGR of 9.4% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 8.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Taste Modulators Market, by Type
1.4.2 LAMEA Taste Modulators Market, by Application
1.4.3 LAMEA 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. LAMEA Taste Modulators Market by Type
3.1 LAMEA Sweet Modulators Market by Country
3.2 LAMEA Salt Modulators Market by Country
3.3 LAMEA Fat Modulators Market by Country
Chapter 4. LAMEA Taste Modulators Market by Application
4.1 LAMEA Beverages Market by Country
4.2 LAMEA Pharmaceuticals Market by Country
4.3 LAMEA Food Market by Country
4.4 LAMEA Taste Modulators Market by Food Type
4.4.1 LAMEA Confectionery Products Market by Country
4.4.2 LAMEA Bakery Products Market by Country
4.4.3 LAMEA Dairy Products Market by Country
4.4.4 LAMEA Snacks & Savory Products Market by Country
4.4.5 LAMEA Meat Products Market by Country
4.4.6 LAMEA Others Market by Country
Chapter 5. LAMEA Taste Modulators Market by Country
5.1 Brazil Taste Modulators Market
5.1.1 Brazil Taste Modulators Market by Type
5.1.2 Brazil Taste Modulators Market by Application
5.1.2.1 Brazil Taste Modulators Market by Food Type
5.2 Argentina Taste Modulators Market
5.2.1 Argentina Taste Modulators Market by Type
5.2.2 Argentina Taste Modulators Market by Application
5.2.2.1 Argentina Taste Modulators Market by Food Type
5.3 UAE Taste Modulators Market
5.3.1 UAE Taste Modulators Market by Type
5.3.2 UAE Taste Modulators Market by Application
5.3.2.1 UAE Taste Modulators Market by Food Type
5.4 Saudi Arabia Taste Modulators Market
5.4.1 Saudi Arabia Taste Modulators Market by Type
5.4.2 Saudi Arabia Taste Modulators Market by Application
5.4.2.1 Saudi Arabia Taste Modulators Market by Food Type
5.5 South Africa Taste Modulators Market
5.5.1 South Africa Taste Modulators Market by Type
5.5.2 South Africa Taste Modulators Market by Application
5.5.2.1 South Africa Taste Modulators Market by Food Type
5.6 Nigeria Taste Modulators Market
5.6.1 Nigeria Taste Modulators Market by Type
5.6.2 Nigeria Taste Modulators Market by Application
5.6.2.1 Nigeria Taste Modulators Market by Food Type
5.7 Rest of LAMEA Taste Modulators Market
5.7.1 Rest of LAMEA Taste Modulators Market by Type
5.7.2 Rest of LAMEA Taste Modulators Market by Application
5.7.2.1 Rest of LAMEA 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 LAMEA Taste Modulators Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Taste Modulators Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Sweet Modulators Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Sweet Modulators Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Salt Modulators Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Salt Modulators Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Fat Modulators Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Fat Modulators Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 12 LAMEA Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 13 LAMEA Beverages Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Beverages Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Food Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Food Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 20 LAMEA Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 21 LAMEA Confectionery Products Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Confectionery Products Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Bakery Products Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Bakery Products Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Dairy Products Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Dairy Products Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Snacks & Savory Products Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Snacks & Savory Products Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Meat Products Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Meat Products Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Taste Modulators Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Taste Modulators Market by Country, 2022 - 2028, USD Million
TABLE 35 Brazil Taste Modulators Market, 2018 - 2021, USD Million
TABLE 36 Brazil Taste Modulators Market, 2022 - 2028, USD Million
TABLE 37 Brazil Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 38 Brazil Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 39 Brazil Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 40 Brazil Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 41 Brazil Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 42 Brazil Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 43 Argentina Taste Modulators Market, 2018 - 2021, USD Million
TABLE 44 Argentina Taste Modulators Market, 2022 - 2028, USD Million
TABLE 45 Argentina Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 46 Argentina Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 47 Argentina Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 48 Argentina Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 49 Argentina Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 50 Argentina Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 51 UAE Taste Modulators Market, 2018 - 2021, USD Million
TABLE 52 UAE Taste Modulators Market, 2022 - 2028, USD Million
TABLE 53 UAE Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 54 UAE Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 55 UAE Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 56 UAE Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 57 UAE Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 58 UAE Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Taste Modulators Market, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Taste Modulators Market, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 67 South Africa Taste Modulators Market, 2018 - 2021, USD Million
TABLE 68 South Africa Taste Modulators Market, 2022 - 2028, USD Million
TABLE 69 South Africa Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 70 South Africa Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 71 South Africa Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 72 South Africa Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 73 South Africa Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 74 South Africa Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 75 Nigeria Taste Modulators Market, 2018 - 2021, USD Million
TABLE 76 Nigeria Taste Modulators Market, 2022 - 2028, USD Million
TABLE 77 Nigeria Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 78 Nigeria Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 79 Nigeria Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 80 Nigeria Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 81 Nigeria Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 82 Nigeria Taste Modulators Market by Food Type, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Taste Modulators Market, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Taste Modulators Market, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Taste Modulators Market by Type, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Taste Modulators Market by Type, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Taste Modulators Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Taste Modulators Market by Application, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Taste Modulators Market by Food Type, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA 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