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Taste Modulator Market Size

  • Report ID: GMI6411
  • Published Date: Aug 2023
  • Report Format: PDF

Taste Modulator Market Size

Taste Modulator Market size was valued at USD 1.2 billion in 2022 and is set to register 7.5% CAGR during 2023 to 2032. The growing awareness of health and wellness among consumers has led to a demand for healthier food and beverage options. Taste modulators allow manufacturers to reduce the use of added sugars, sodium, and artificial flavors while maintaining a desirable taste, appealing to health-conscious consumers. Taste modulators are used in the beverage industry to enhance flavor, create unique taste experiences, and reduce sugar content in soft drinks, juices, and other beverages.

 

Public health initiatives and government regulations aimed at reducing sugar consumption have driven the use of taste modulators to achieve sweetness enhancement without the use of excessive added sugars. Consumers are increasingly seeking clean label products with natural and recognizable ingredients.
 

The use of taste modulators in food and beverages is subject to various regulations and approvals from regulatory authorities in different countries. Compliance with food safety and labeling regulations can be complex and time-consuming for manufacturers. Taste modulators need to be compatible with different food and beverage formulations without affecting stability, texture, or other product attributes. The cost of taste modulators can be a significant factor for food and beverage manufacturers. Thus, the high-end pricing and risks associated with taste modulator may drive down the acceptance rate, further hampering the taste modulator market growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for taste modulator was exceeded USD 1.2 billion in 2022 and will reach USD 2.5 billion by 2032.

Food & beverage segment held around 40% share of taste modular market in 2022 due to the increasing use of taste modulator in F&B products to reduce sugar content while maintaining desirable sweetness levels.

U.S. taste modular market size crossed USD 0.29 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032 as the consumers in the nation are becoming health-conscious and seeking healthier food and beverage options.

Nippon Paper Industries Co., Ltd., Stora Enso, South African Pulp & Paper Industries, Mondi plc, ITC Limited, Smurfit Kappa Group, Oji Holding Corporation, International Paper Group, and Svenska Cellulosa Aktiebolaget among others.

Taste Modulator Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 15
  • Tables & Figures: 137
  • Countries covered: 19
  • Pages: 120
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