Taste Modulators Market was valued at USD 994.5 million in 2017, and is estimated to grow at a CAGR of 10.5% from 2017 to 2024. 
Taste modulators are used to restore the taste of the finished product where reduction of calories, salt, and fat is needed. They are added to sugar substitutes to mask the aftertaste and taste as well as to reduce sodium levels and maintain or improve the perception of salinity. Some of the major factors driving the Taste Modulators Market is the increased demand for reduced-calorie products with the original taste of sugar and increasing consumer awareness of the harmful effects of excessive salt consumption. In addition to this, changing lifestyles and food consumption, combined with growth in the labor force, have further increased the demand for processed and ready-to-use food products and would also propel market growth over the forecast period. Innovations in R & D in food processing and intensive product use in emerging markets are expected to positively stimulate the Taste Modulators Market. Taste Modulators Market is segmented by type, application, and region. The mild modulators provide a sweet taste, while also ensuring zero calories, to food products. They are used by manufacturers to change the sweet taste. Soft modulators are used in a variety of food applications such as bakery products, confectionery, snacks and salted products. With growing consumer awareness of various diseases such as obesity and diabetes, the demand for healthy food and beverage products is increasing. Geographically, North America is projected to be the largest shareholder through 2023. This is due to the increasing consumer spending and rise in the consumption of low-fat and low-calorie content foods. Manufacturers in the US are utilizing an improved approach to manufacturing processors with a range of products and nutritional benefits. The key players in the Taste Modulators Market include DSM (Netherlands), Kerry (Ireland), Ingredion (US), Givaudan (Switzerland), and Firmenich (Switzerland). These companies have diversified product portfolios and advanced technologies for taste modulators at major strategic locations. Other companies profiled include International Flavors and Fragrances (US), Symrise (Germany), Sensient Technologies (US), The Flavor Factory (US), Carmi Flavor & Fragrance (US), Flavorchem Corporation (US), and Senomyx (US). The years that have been considered for the study are: • Base year – 2016 • Estimated year – 2017 • Forecast period – 2017 to 2024 Target Audience: • Taste modulator manufacturers and processors • Taste modulator traders, distributors, and suppliers • Food product manufacturers, processors, and traders • Food ingredient manufacturers, processors, and traders • Organizations such as the Food and Drug Administration (FDA), the US Department of Agriculture (USDA), the European Food Safety Agency (EFSA), and The International Food Additives Council (IFAC) • Government and research organizations • Associations and industry bodies: o Food Processing Suppliers Association (FPSA) o Center for Innovative Food Technology (CIFT) o Food and Drug Administration (FDA) o European Food Safety Agency (EFSA) o The National Association of Flavors and Food-Ingredient Systems (NAFFS)
Taste Modulators Market, Key Segment:
Taste Modulators Market, On the basis of Type
• Sweet modulators • Salt modulators • Fat modulators
Taste Modulators Market, On the basis of Application
• Food o Bakery products o Confectionery products o Snacks & savoury products o Meat products o Other foods (cereals, sauces & dressings, and seasonings) • Beverages o Alcoholic o Non-alcoholic Company Profiles • DSM (Netherlands) • Kerry (Ireland) • Ingredion (US) • Givaudan (Switzerland) • Firmenich (Switzerland) • International Flavors and Fragrances (US) • Symrise (Germany) • Sensient Technologies (US) • The Flavor Factory (US) • Carmi Flavor & Fragrance (US)
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