According to market research "Savory Ingredients Market by Ingredients (Yeast Extracts, HVP, HAP, MSG, Nucleotides and Others), by Application (Food Industry, Pet Food and Others) & by Geography - Global Trends & Forecasts to 2019", the Savory Ingredients Market is projected to grow at a healthy CAGR of 5.7% between 2014 - 2019 & reach $13,295 Million by 2019.

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This report analyzes the savory ingredients market in terms of geography, ingredient types, and application. Geographically, the report is segmented into North America, Asia-Pacific, Europe, and Rest of the World. The ingredient types included in this report are yeast extracts, hydrolyzed vegetable proteins, hydrolyzed animal proteins, monosodium glutamate, nucleotides, and others. The applications covered in this report include the food industry, pet food industry, and others.

The global savory ingredients market is highly fragmented and competitive. Manufacturers therefore are compelled to focus on ingredients keeping in mind the local preferences, ethnicity, climate, and traditions, globally. There are a large numbers of players operating in the industry which provide these ingredients to industries such as food & beverage, pharmaceutical, and pet food. The global market is set to witness an enormous growth in the future. Factors such as increase in demand of clean-label and natural ingredients, increasing consumer awareness pertaining to the ill effects related to savory ingredients, and demand for healthy and nutrition products are acting as major restraints for the market. Increasing demand for convenience food, changing lifestyle, and untapped potential in the developing Asia-Pacific countries act as major drivers for the market.

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The report also estimates the market size, based on ingredient types and applications, in the key markets, namely North America, Europe, APAC, and Rest of the World (RoW). According to the estimation, the global savory ingredients market will be valued at $13,295 million by 2019. In addition to market projections, the report also highlights the key opportunity areas for relevant stakeholders; analyzing the market trends, opportunities, drivers, and inhibitors.

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