- Monosodium glutamate
- Hydrolyzed vegetable proteins
- Hydrolyzed animal proteins
- Nucleotides
- Other Types
Savory Ingredients Market size was valued at USD 8,237.1 million in 2023 and is expected to grow at a significant CAGR of 7.7% from 2023 to 2029. The global market provides a detailed overview of the Savory Ingredients Market and that can be segmented by Type, Origin, Form, and Application. By type, the Savory ingredients market has been segmented into Monosodium glutamate, Hydrolysed vegetable proteins, Hydrolysed animal proteins, Nucleotides, and Others. The Monosodium glutamate segment is likely to be the largest and fastest-growing segment in terms of type. Based on origin, the Savory Ingredients market is segmented into Synthetic, Natural. Among these, the natural segment is expected to have the fastest-growing market during the forecast period. Based on form, the savory ingredients market is segmented into Powder, Liquid, and Other Forms. Powder is expected to dominate the market in the future. Based on application analysis, the market has been segmented into Food, Prepared meals, Snacks, and Other food applications. The food segment is expected to grow at the highest CAGR over the forecast years according to Precision Business Insights.
Savory Ingredients Market Key Development:
- In March 2020, Kerry Group set up new regional development and food manufacturing facility in Georgia, Rome. This new establishment would help the company to serve its customer base in Europe, increase its production capacity, and expand its geographic reach.
Savory Ingredients Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
7.7%
Largest Market
North American
Fastest Growing Market
Asia-Pacific
Savory Ingredients Market Dynamics
Increase in demand for packaged food products due to change in lifestyle, grow in working women population, and rise in disposable income are anticipated to propel the growth of market. Moreover, the development and launch of newer products by the market players across the globe.
Asia-Pacific Got Significant Share
Savory Ingredients Market Regional Analysis
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The savory ingredients market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The savory ingredients market report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The savory ingredients market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The savory ingredients market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The savory ingredients market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Savory Ingredients Market Segmentation
By Type
By Origin
- Synthetic
- Natural
By Form
- Powder
- Liquid
- Other Forms
By Application
- Food
- Prepared meals
- Snacks
- Other food applications
Frequently Asked Questions
The savory ingredients market size was valued at USD 8,237.1 million in 2022
The savory ingredients market key players are: Ajinomoto Angel Yeast Diana Group Givaudan Kerry Group Plc Lesaffre Group. Royal DSM Synergy Flavors Tate & Lyle PLC ADM
The savory ingredients market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Savory Ingredients Market Introduction |
| 2.1. Global Savory Ingredients Market Taxonomy |
| 2.2. Global Savory Ingredients Market Definitions |
| 2.2.1. Type |
| 2.2.2. Origin |
| 2.2.3. Form |
| 2.2.4. Application |
| 3. Global Savory Ingredients Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Savory Ingredients Market Dynamic Factors - Impact Analysis |
| 3.6. Global Savory Ingredients Market Competition Landscape |
| 4. Global Savory Ingredients Market Analysis,2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis,2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Savory Ingredients Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Monosodium glutamate |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Hydrolyzed vegetable proteins |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Hydrolyzed animal proteins |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Nucleotides |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Other Types |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Savory Ingredients Market, By Origin, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Synthetic |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Natural |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Savory Ingredients Market Forecast, By Form, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. Powder |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Liquid |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Other Forms |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Global Savory Ingredients Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. Food |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Prepared meals |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Snacks |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Other food applications |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Global Savory Ingredients Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia-Pacific |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Latin America |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Middle East and Africa |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 9.6. Global Savory Ingredients Market - Opportunity Analysis Index, By Type, Origin, Form, Application and Region, 2024 - 2030 |
| 10. North America Savory Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Monosodium glutamate |
| 10.1.2. Hydrolyzed vegetable proteins |
| 10.1.3. Hydrolyzed animal proteins |
| 10.1.4. Nucleotides |
| 10.1.5. Other types |
| 10.2. Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Synthetic |
| 10.2.2. Natural |
| 10.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Powder |
| 10.3.2. Liquid |
| 10.3.3. Other forms |
| 10.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Food |
| 10.4.2. Prepared meals |
| 10.4.3. Snacks |
| 10.4.4. Other food applications |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.5.1. U.S. |
| 10.5.2. Canada |
| 10.6. North America Savory Ingredients Market - Opportunity Analysis Index, By Type, Origin, Form, Application and Country, 2024 - 2030 |
| 10.7. North America Savory Ingredients Market Dynamics Trends |
| 11. Europe Savory Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Monosodium glutamate |
| 11.1.2. Hydrolyzed vegetable proteins |
| 11.1.3. Hydrolyzed animal proteins |
| 11.1.4. Nucleotides |
| 11.1.5. Other types |
| 11.2. Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Synthetic |
| 11.2.2. Natural |
| 11.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Powder |
| 11.3.2. Liquid |
| 11.3.3. Other forms |
| 11.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Food |
| 11.4.2. Prepared meals |
| 11.4.3. Snacks |
| 11.4.4. Other food applications |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.5.1. Germany |
| 11.5.2. UK |
| 11.5.3. France |
| 11.5.4. Spain |
| 11.5.5. Italy |
| 11.5.6. Russia |
| 11.5.7. Poland |
| 11.5.8. Rest of Europe |
| 11.6. Europe Savory Ingredients Market - Opportunity Analysis Index, By Type, Origin, Form, Application and Country, 2024 - 2030 |
| 11.7. Europe Savory Ingredients Market Dynamics Trends |
| 12. Asia-Pacific Savory Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Monosodium glutamate |
| 12.1.2. Hydrolyzed vegetable proteins |
| 12.1.3. Hydrolyzed animal proteins |
| 12.1.4. Nucleotides |
| 12.1.5. Other types |
| 12.2. Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Synthetic |
| 12.2.2. Natural |
| 12.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Powder |
| 12.3.2. Liquid |
| 12.3.3. Other forms |
| 12.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Food |
| 12.4.2. Prepared meals |
| 12.4.3. Snacks |
| 12.4.4. Other food applications |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.5.1. Japan |
| 12.5.2. China |
| 12.5.3. India |
| 12.5.4. ASEAN |
| 12.5.5. Australia & New Zealand |
| 12.5.6. Rest of Asia-Pacific |
| 12.6. Asia-Pacific Savory Ingredients Market - Opportunity Analysis Index, By Type, Origin, Form, Application and Country,2024 - 2030 |
| 12.7. Asia-Pacific Savory Ingredients Market Dynamics Trends |
| 13. Latin America Savory Ingredients Market Analysis,2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Monosodium glutamate |
| 13.1.2. Hydrolyzed vegetable proteins |
| 13.1.3. Hydrolyzed animal proteins |
| 13.1.4. Nucleotides |
| 13.1.5. Other types |
| 13.2. Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Synthetic |
| 13.2.2. Natural |
| 13.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Powder |
| 13.3.2. Liquid |
| 13.3.3. Other forms |
| 13.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Food |
| 13.4.2. Prepared meals |
| 13.4.3. Snacks |
| 13.4.4. Other food applications |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.5.1. Brazil |
| 13.5.2. Mexico |
| 13.5.3. Argentina |
| 13.5.4. Rest of Latin America |
| 13.6. Latin America Savory Ingredients Market - Opportunity Analysis Index, By Type, Origin, Form, Application and Country, 2024 - 2030 |
| 13.7. Latin America Savory Ingredients Market Dynamics Trends |
| 14. Middle East and Africa Savory Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 14.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1. Monosodium glutamate |
| 14.1.2. Hydrolyzed vegetable proteins |
| 14.1.3. Hydrolyzed animal proteins |
| 14.1.4. Nucleotides |
| 14.1.5. Other types |
| 14.2. Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.2.1. Synthetic |
| 14.2.2. Natural |
| 14.3. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.3.1. Powder |
| 14.3.2. Liquid |
| 14.3.3. Other forms |
| 14.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.4.1. Food |
| 14.4.2. Prepared meals |
| 14.4.3. Snacks |
| 14.4.4. Other food applications |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 14.5.1. Gulf Cooperation Council (GCC) Countries |
| 14.5.2. Israel |
| 14.5.3. South Africa |
| 14.5.4. Rest of MEA |
| 14.6. MEA Savory Ingredients Market - Opportunity Analysis Index, By Type, Origin, Form,Application, and Country, 2024 - 2030 |
| 14.7. MEA Savory Ingredients Market Dynamics Trends |
| 15. Competition Landscape |
| 15.1. Strategic Dashboard of Top Market Players |
| 15.2. Company Profiles (Introduction, Financial Analysis, Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 15.2.1. Ajinomoto |
| 15.2.2. Angel Yeast |
| 15.2.3. Diana Group |
| 15.2.4. Givaudan |
| 15.2.5. Kerry Group Plc |
| 15.2.6. Lesaffre Group. |
| 15.2.7. Royal DSM |
| 15.2.8. Synergy Flavors |
| 15.2.9. Tate & Lyle PLC |
| 15.2.10. ADM |
| 16. Research Methodology |
| 17. Key Assumptions and Acronyms |
- Ajinomoto
- Angel Yeast
- Diana Group
- Givaudan
- Kerry Group Plc
- Lesaffre Group.
- Royal DSM
- Synergy Flavors
- Tate & Lyle PLC
- ADM