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

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Date: 01-Aug-2014
No. of pages: 230
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The major savory flavor ingredients used globally include yeast extract, hydrolyzed vegetable protein, hydrolyzed animal protein, monosodium glutamate, and ribonucleotides (disodium 5’-guanylate and disodium 5’-inosinate). The latter are particularly effective when used in combination with other savory flavor ingredients. Ribonucleotides boost the effectiveness of other savory flavor ingredients.

The North American and European savory ingredients market are quite stable since the past few years due to increased consumer awareness related to the ill effects of savory ingredients. Consumers presume that savory ingredients are artificial chemicals added to enhance flavors which are very unhealthy. The developing countries in the Asia-Pacific region have very low consumer awareness with regard to savory ingredients due to which there is a lot of untapped potential for savory ingredients in the region.

The main market for hydrolyzed animal proteins is the pet food industry. Monosodium glutamate holds the majority of market share in the savory ingredients market. Monosodium glutamate is getting replaced by yeast extracts due to increasing demand for natural ingredients and health concerns. In general, yeast extract has a good image and is the preferred choice for clean-label products. The Asia-Pacific region is the largest market for savory ingredients and also the fastest-growing market with India and China dominating the region. Asia-Pacific’s savory ingredients market is projected to grow at a CAGR of 6.4% from 2014 to 2019.

The market is dominated by a few large players and comprises many small- and medium-scale players. The key players identified in the savory ingredients industry are Ajinomoto (Japan), Givaudan (Switzerland), Angel Yeast (China), DSM (The Netherlands), and Sensient (Wisconsin).

The segments of the savory ingredients market considered for this study include ingredient types, applications, and geography. All the growth parameters in individual segments have been considered in this report. The food industry’s savory ingredients market is the fastest-growing application at a CAGR of 6.6% from 2014 to 2019.

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

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size Estimation
1.5.2 Market Crackdown & Data Triangulation
1.5.3 Assumptions Made for This Report
1.5.3.1 Key Data Taken From Secondary Sources
1.5.3.2 Key Data Taken From Primary Sources

2 Executive Summary

3 Premium Insights
3.1 Key Features
3.1.1 China Continues to Drive the Demand for Global Savory Ingredients
3.1.2 Rising Demand for Convenience Food Spurs Growth for the Savory Ingredients Market
3.1.3 Food Industry Dominates the Global Savory Ingredients Market
3.1.4 On-the-Go Lifestyle Spurs the Demand for Fast Food
3.1.5 Monosodium Glutamate: An Emerging Market
3.1.6 the Developing Apac Region Experiencing Speedy Growth

4 Market Overview
4.1 Key Findings
4.2 Introduction
4.3 Market Segmentation
4.3.1 Savory Ingredients Market Segmentation
4.3.2 Sub-Markets
4.3.3 Types of Savory Ingredients
4.4 Burning Issues
4.4.1 Environmental Standards Tighten the Msg Industry
4.4.2 Increasing Health Issues Due to Consumption of Savory Ingredients
4.5 Winning Imperative
4.5.1 Growth & Expansion of Quick Service Restaurants & Upsurge of Fast Casual Restaurants
4.6 Market Dynamics
4.6.1 Drivers
4.6.1.1 Increasing Demand for Convenience Food in the Asia-Pacific Region
4.6.1.2 Increasing Demand for New Product Variant
4.6.2 Restraints
4.6.2.1 Consumer Awareness on Health Issues Relating to Savory Ingredients
4.6.2.2 Increased Cost of Raw Material & Energy
4.6.2.3 Stringent Regulations
4.6.2.4 Consumer Demand for Clean Labels
4.6.3 Opportunities
4.6.3.1 Untapped Potential in Developing Countries
4.6.3.2 Rising Instant Noodle Industry
4.7 Impact Analysis of Drivers & Restraints
4.8 Porter’s Five forces Analysis
4.8.1 Degree of Competition
4.8.2 Bargaining Power of Suppliers
4.8.3 Bargaining Power of Buyers
4.8.4 Threat of Substitutes
4.8.5 Threat of New Entrants

5 Savory Ingredients Market, By Type
5.1 Introduction
5.1.1 Yeast Extracts
5.1.2 Hydrolyzed Vegetable Proteins
5.1.3 Hydrolyzed Animal Proteins
5.1.4 Monosodium Glutamate
5.1.5 Ribonucleotides
5.2 Savory Ingredients Market, By Type
5.2.1 North America: Savory Ingredients Market, By Type
5.2.2 Europe: Savory Ingredients Market, By Type
5.2.3 Asia-Pacific: Savory Ingredients Market, By Type
5.2.4 ROW: Savory Ingredients Market, By Type

6 Savory Ingredients Market, By Application
6.1 Introduction
6.1.1 North America: Savory Ingredients Market, By Application
6.1.2 Europe: Savory Ingredients Market, By Application
6.1.3 Asia-Pacific: Savory Ingredients Market, By Applications
6.1.4 ROW: Savory Ingredients Market, By Application

7 Savory Ingredients Market, By Geography
7.1 Introduction
7.1.1 North America: Savory Ingredients Market, By Geography
7.1.2 Europe: Savory Ingredients Market, By Geography
7.1.3 Asia-Pacific: Savory Ingredients Market, By Geography
7.1.4 ROW: Savory Ingredients Market, By Geography

8 Competitive Landscape
8.1 Introduction
8.1.1 Key Market Strategies
8.1.2 Ajinomoto: A Market Leader
8.1.3 Expansions, Investments & New Innovation Centers: Most Preferred Strategic Approach
8.1.4 New Product & Technology Launches, Approvals
8.1.5 Agreements, Collaborations & Joint Ventures
8.1.6 Mergers & Acquisitions
8.2 Ajinomoto
8.2.1 Overview
8.2.2 Products
8.2.3 Strategy
8.2.4 Developments
8.2.5 MNM View
8.2.5.1 Company Review
8.2.5.2 SWOT Analysis
8.3 Angel Yeast
8.3.1 Overview
8.3.2 Products & Services
8.3.3 Strategy
8.3.4 Developments
8.3.5 MNM View
8.3.5.1 Company Review
8.3.5.2 SWOT Analysis
8.4 Vedan International
8.4.1 Overview
8.4.2 Products & Services
8.4.3 Strategy
8.4.4 Development
8.5 Kerry Group Plc.
8.5.1 Overview
8.5.2 Products & Services
8.5.3 Strategy
8.5.4 Developments
8.5.5 MNM View
8.5.5.1 Company Review
8.6 Sensient
8.6.1 Overview
8.6.2 191
8.6.3 Products & Services
8.6.4 Strategy
8.6.5 Developments
8.6.5.1 SWOT Analysis
8.7 Givaudan
8.7.1 Overview
8.7.2 Products & Services
8.7.3 Strategy
8.7.4 Developments
8.7.5 MNM View
8.7.5.1 Company Review
8.7.5.2 SWOT Analysis
8.8 Tate & Lyle
8.8.1 Overview
8.8.2 Products & Services
8.8.3 Strategy
8.8.4 Developments
8.8.5 MNM View
8.8.5.1 Company Review
8.9 Lesaffre Group
8.9.1 Overview
8.9.2 Products & Services
8.9.3 Strategy
8.9.4 Developments
8.10 Diana Group
8.10.1 Products & Services
8.10.2 Strategy
8.10.3 Developments
8.11 Royal DSM
8.11.1 Products & Services
8.11.2 Strategy
8.11.3 Developments
8.11.3.1 SWOT Analysis

List of Tables

Table 1 Savory Ingredients Market Estimation
Table 2 Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 3 Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 4 North America: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 5 North America: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 6 U.S.: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 7 U.S.: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 8 Canada: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 9 Canada: Savory Ingredients Market Size, By Type, 2012-2019 (KT) 77
Table 10 Mexico: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 11 Mexico: Savory Ingredients Market Size, By Type, 2012-2019 (KT) 79
Table 12 Europe: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 13 Europe: Savory Ingredients Market Size, By Type, 2012-2019 (KT) 81
Table 14 Germany: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 15 Germany: Savory Ingredients Market Size, By Type, 2012-2019 (KT) 84
Table 16 France: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 17 France: Savory Ingredients Market Size, By Type, 2012-2019 (KT) 86
Table 18 U.K.: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 19 U.K.: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 20 Spain: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 21 Spain: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 22 Other European Countries: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 23 Other European Countries: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 24 Asia-Pacific: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 25 Asia-Pacific: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 26 China: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 27 China: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 28 Japan: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 29 Japan: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 30 India: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 31 India: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 32 Other Countries In Asia-Pacific: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 33 Other Countries In Asia-Pacific: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 34 ROW: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 35 ROW: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 36 Brazil: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 37 Brazil: Savory Ingredients Market Size, By Type, 2012-2019 (KT) 105
Table 38 Argentina: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 39 Argentina: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 40 Other Countries in ROW: Savory Ingredients Market Size, By Type, 2012-2019 ($Million)
Table 41 Other Countries in ROW: Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Table 42 Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 43 Savory Ingredients Market Size, By Application, 2012-2019 (KT) 113
Table 44 North America: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 45 North America: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 46 U.S.: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 47 U.S.: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 48 Canada: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 49 Canada: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 50 Mexico: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 51 Mexico: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 52 Europe: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 53 Europe: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 54 Germany: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 55 Germany: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 56 France: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 57 France: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 58 U.K.: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 59 U.K.: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 60 Spain: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 61 Spain: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 62 Other European Countries: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 63 Other European Countries: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 64 Asia-Pacific: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 65 Asia-Pacific: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 66 China: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 67 China: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 68 Japan: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 69 Japan: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 70 India: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 71 India: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 72 Other Asia-Pacific Countries: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 73 Other Asia-Pacific Countries: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 74 ROW: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 75 ROW: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 76 Brazil: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 77 Brazil: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 78 Argentina: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 79 Argentina: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 80 Other Countries in ROW: Savory Ingredients Market Size, By Application, 2012-2019 ($Million)
Table 81 Other Countries in ROW: Savory Ingredients Market Size, By Application, 2012-2019 (KT)
Table 82 Savory Ingredients Market Size, By Geography, 2012-2019 ($Million)
Table 83 Savory Ingredients Market Size, By Geography, 2012-2019 (KT)
Table 84 North America: Savory Ingredients Market Size, By Country, 2012-2019 ($Million)
Table 85 North America: Savory Ingredients Market Size, By Country, 2012-2019 (KT)
Table 86 Europe: Savory Ingredients Market Size, By Country, 2012-2019 ($Million)
Table 87 Europe: Savory Ingredients Market Size, By Country, 2012-2019 (KT)
Table 88 Asia-Pacific: Savory Ingredients Market Size, By Country, 2012-2019 ($Million)
Table 89 Asia-Pacific: Savory Ingredients Market Size, By Country, 2012-2019 (KT)
Table 90 ROW: Savory Ingredients Market Size, By Country, 2012-2019 ($Million)
Table 91 ROW: Savory Ingredients Market Size, By Country, 2012-2019 (KT) 163
Table 92 Expansions, Investments & New Innovation Centers
Table 93 New Product/Technology Launches, Approvals
Table 94 Agreements, Collaborations & Joint Ventures
Table 95 Mergers & Acquisitions
Table 96 Sensient: Products & their Descriptions
Table 97 Givaudan: Products & Their Descriptions
Table 98 Tate & Lyle: Products & Their Descriptions
Table 99 Lesaffre: Products & Their Descriptions
Table 100 Diana Group: Products & Their Descriptions
Table 101 Royal DSM: Products & Their Descriptions

List of Figures

Figure 1 Research Methodology
Figure 2 Savory Ingredient Market Size Estimation Methodology
Figure 3 Data Triangulation Methodology
Figure 4 Figure Savory Ingredients Market Share (Value), By Geography, 2013
Figure 5 Savory Ingredients Market Size, By Geography, 2012-2019 ($Million)
Figure 6 Savory Ingredients Market Size, By Country, 2014-2019 (KT)
Figure 7 Savory Ingredients Market Size, By Type, 2014 Vs. 2019 ($Million)
Figure 8 Savory Ingredients Market Share (Value), By Application, 2013
Figure 9 Savory Ingredients Market Size, By Geography, 2012-2019 (KT)
Figure 10 Savory Ingredients Market Size, By Type, 2012-2019 (KT)
Figure 11 Savory Ingredients Market Size, By Geography, 2014-2019 (KT)
Figure 12 Savory Ingredients Market Segmentation
Figure 13 Savory Ingredients Market Share (Value), By Geography, 2013
Figure 14 Savory Ingredients Market Share (Value), By Type, 2013
Figure 15 Savory Ingredients Market Share (Value), By Application, 2013
Figure 16 Savory Ingredients Market Size, By Type & Region, 2014 Vs. 2019 ($Million)
Figure 17 Savory Ingredeints Market Size, By Country, 2012-2019 (KT)
Figure 18 Factors Leading to Increase In Demand for Convenience Food
Figure 19 Rising Instant Noodle Industry
Figure 20 Potential Impact of Opportunities for the Savory Ingredients Market
Figure 21 Impact Analysis of the Savory Ingredients Market
Figure 22 Porter’s Five forces Analysis
Figure 23 Savory Ingredients Market, By Type
Figure 24 North America: Savory Ingredients Market Share (Value), By Type, 2013
Figure 25 Europe: Savory Ingredients Market Share (Value), By Type, 2013
Figure 26 Asia-Pacific: Savory Ingredients Market, By Type, 2014-2019 ($Million)
Figure 27 ROW: Savory Ingredients Market Share (Value), By Type, 2014-2019
Figure 28 North America: Savory Ingredients Market Size, By Application, 2014 Vs. 2019 ($Million)
Figure 29 Europe: Savory Ingredients Market Size, By Application, 2013-2019 ($Million)
Figure 30 Asia-Pacific: Savory Ingredients Market Size, By Application, 2014 Vs. 2019 ($Million)
Figure 31 ROW: Savory Ingredients Market Size, By Application, 2014 Vs. 2019 ($Million)
Figure 32 Savory Ingredients Market Size, By Geography, 2012-2019 ($Million)
Figure 33 North America: Savory Ingredients Market Size, By Geography, 2012-2019 ($Million)
Figure 34 Europe: Savory Ingredients Market Share (Value), By Geography, 2013
Figure 35 Asia-Pacific: Savory Ingredients Market Size, By Country, 2014-2019 ($Million)
Figure 36 ROW: Savory Ingredients Market Size, By Country, 2014-2019 ($Million)
Figure 37 Savory Ingredients Market Growth Strategies, 2010-2014
Figure 38 Savory Ingredients Market Developments, By Growth Strategy, 2010-2014
Figure 39 Market Share of top Players in Market Growth Strategies
Figure 40 Expansions, Investments & New Innovation Centers, 2010-2014
Figure 41 New Product & Technology Launches, Approvals, 2010-2014
Figure 42 Agreements, Collaborations & Joint Ventures
Figure 43 Mergers & Acquisitions, 2010-2014

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