What is Taste Modulation?
Taste modulation involves changing how we perceive taste sensations like sweet, salty, sour, bitter, and umami. This modification can be accomplished through the use of different substances or technologies that interact with taste receptors, enhancing or reducing specific taste qualities in food and drinks. The food industry frequently utilizes taste modulation to craft products with appealing flavor characteristics and to meet diverse consumer preferences. A taste modulator operates as a taste receptor by either physically binding to a flavor ingredient, akin to a key fitting into a lock, or by serving as a channel that permits ions to flow directly into a taste cell. The global taste modulation market is driven by the increasing demand for healthier food options and the growing awareness about reducing sugar and salt intake. Consumer preferences for enhanced taste experiences without compromising on health have spurred the adoption of taste modulation techniques. Additionally, advancements in food technology and the rising focus on clean label products are significant trends shaping the market. The opportunity lies in catering to the evolving consumer palate by developing innovative taste modulation solutions, addressing the demand for natural and organic ingredients, and creating products that align with the shifting dietary preferences worldwide.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | DSM (Netherlands), Kerry Group (Ireland), Ingredion (United States), Givaudan (Switzerland), Firmenich (Switzerland), International Flavors and Fragrances, Inc. (United States), Symrise (Germany), Sensient Technologies (United States), Carmi Flavors (United States), Corbion (Netherlands) and Mondi Plc (United Kingdom) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Sweat Modulation, Salt Modulation, Sour Modulation, Bitter Modulation and Others) , by application (Bakery Products, Ready to Eat Food Products, Beverages, Confectionery Food Products and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Taste Modulation market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Taste Modulation market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are DSM (Netherlands), Kerry Group (Ireland), Ingredion (United States), Givaudan (Switzerland), Firmenich (Switzerland), International Flavors and Fragrances, Inc. (United States), Symrise (Germany), Sensient Technologies (United States), Carmi Flavors (United States), Corbion (Netherlands) and Mondi Plc (United Kingdom).
Market Overview:
In May 2020, Firmenich International SA, a global leader in the Flavor & Fragrance industry, completed acquisition of Les Dérivés Résiniques et Terpéniques (DRT).
The market is dominated by large firms like DSM and Kerry. There are a lot of patents involved in the taste modulators market which can act as an entry barrier for new entrants. High R&D is required to operate and sustain in this market. The market is concentrated in Europe and North America but has an opportunity for expansion in Asia. Manufacturers of packaged foods are primary clients in this market.
Influencing Trend:
Growing Pressure from Medical Communities to Decrease Sugar and Salt Content from Food and Stringent Regulations from Government Bodies to Keep Unhealthy Ingredient Content Minimum
Market Growth Drivers:
Need to Eliminate Undesirable Taste from Food and Demand for Healthy Food Without Compromising on Taste
Challenges:
Lack of Awareness About Availability of Taste Modulations and The Process of Including Taste Modulators in Food Might Be Complex
Restraints:
Inclusion of Taste Modulators Increases the Cost of Food
Opportunities:
Growing Demand for Healthy Food from Consumers and Large Food Producers Being Committed to Reduce Sugar and Salt Content from Their Products
Key highlights of the Global Taste Modulation market Study:
CAGR of the market during the forecast period 2023-2028
In-depth information on growth factors that will accelerate the Taste Modulation market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Taste Modulation market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Taste Modulation Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Taste Modulation market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Taste Modulation market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Taste Modulation Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.