Savory Ingredients Market


Posted May 5, 2020 by meena-hinge

Savory Ingredients Market Size, Share and Industry Analysis By Source and Regional Forecast 2019-2026

 
The global savory ingredients market size will expand at a considerable pace of 6.65% CAGR between 2019 and 2026. In the coming years, it is likely to gain impetus from the growing demand for new flavors and the ability of savory ingredients to suffice these needs. According to a report published by Fortune Business Insights, titled ""Savory Ingredients Market Size, Share and Industry Analysis By Source (Natural, Synthetic), Product (Yeast Extracts, Monosodium Glutamate, Protein, Nucleotides), Application (Food, Animal Feed), and Regional Forecast 2019-2026,"" the market was valued at US$ 7.25 Bn in 2018. Fortune Business Insights states that the market will reach US$ 11.94 Bn by 2026.

The rising uptake for savory ingredients has resulted from the high demand for variety in flavors in food products across the world. There are several ongoing research studies, vested in research and development of savory ingredients manufactured in accordance with the regulatory compliances. Leading companies are increasing R&D activities for the development of ingredients according to taste and flavor preferences based on regional demographics.

https://www.fortunebusinessinsights.com/industry-reports/savory-ingredients-market-100256
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Issued By Fortune Business Insights™
Country India
Categories Blogging
Last Updated May 5, 2020