Savory Flavor Blends Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020-2025

Report Code: FBR 92105 Report Format: PDF + Excel (Delivery in 48 Hrs)

Savory Flavor Blends Market Report Overview

Savory Flavor Blends Market size in 2019 is estimated to be $ 7,200 million, growing at a CAGR of 5.2% during the forecast period 2020-2025. Savory flavors are made using some of the premium ingredients that deliver authentic flavor profile to all the finished goods such as cheese, snacks, dips, etc. Savory Flavors are mouth-watering, classic, authentic, bold and distinctive. Increasing consumption of seasonal and spicy foods and growing number of restaurants are the major factors driving the growth of the market. Moreover, changing lifestyle of consumer and advancement of R&D activities further enhance the overall market demand for Savory Flavors during the forecast period 2020-2025.

Report Coverage

The report: “Savory Flavor Blends Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Savory Flavor Blends Market:
By Form : Powder, Liquid
By Application : Snacks, Bakery, Spreads, Meat, Seasonings, Prepared Foods, Soups & Sauces
By Function : Extract Formation, Masking Flavors, Compounded Flavors, Emulsification, Oleoresins, Color Blending, Vitamin, Nutraceutical Blending
By Flavor : Sweet Flavor, Meat Flavor
By Geography: North America, Europe, Asia-Pacific, and Rest of the World

Key Takeaways

  • In 2019, North America dominates the Savory blends Market owing to increasing consumption of ready-to-eat products and rising trends for more complex flavors.
  • Increasing consumption of seasonal and spicy foods and growing number of restaurants is driving the market growth of savory flavor blends.
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Savory Flavor Blends Market report.
  • Increasing vegan and vegetarian population and stringent government regulation are challenging the growth of the market. 

Type - Segment Analysis

Based on the Form, Savory Flavor Blends Market is segmented into Powder, Liquid. The Powder segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 4.8% during the forecast period 2020-2025. Powder flavor are excellent flavor enhancers. Moreover, powder flavor provides very long shelf life and provides easy of use in recipes are contributing to the growth of this segment.

Application - Segment Analysis

Based on the Application, Savory Flavor Blends Market is segmented into Snacks, Bakery, Spreads, Meat, Seasonings, Prepared Foods, Soups & Sauces. In 2019, Snacks held the largest share in the Market. Savory is added to snacks to enhance the salty or sugary flavor, even though it is tasteless. Moreover, it can be widely used in frozen foods, spice mixes which increases the consumption of snacks is also contributing to the growth of this segment.

Geography - Segment Analysis

North America dominated the Savory Flavor Blends Market share accounting for 40% of the market in 2019. This is mainly owing to increasing consumption of ready-to-eat products and rising trends for more complex flavors.
However, the Asia-Pacific region is projected to be the fastest-growing during the forecast period 2020-2025. This is owing to changing lifestyle of consumers and increasing consumption of different flavors of snacks.

Drivers – Savory Flavor Blends Market 

  • Increasing Consumption of Seasonal and Spicy Foods

Increasing consumption of seasonal and spicy foods and rising consumption of diverse varieties of flavors in food ingredients are some factors driving the growth of Savory Flavor Blends Market. Large number of people are consuming seasonal food which increasing the usage of savors in food ingredients and rising demand at a faster pace is also set to increase the market growth. 

  • Growing Number of Restaurants

Increasing number of restaurants and rising consumption of meats are some factors driving the growth of the market. Consumers spends highest on restaurants for quality meals and fine dining.  Moreover, increasing preference for blending of sweet & savory constituents to produce a single flavor for fulfilling the requirements of various customers further contributing to the growth of Savory Flavor Blends Market.

Challenges – Savory Flavor Blends Market 

Increasing vegan and vegetarian population as Consumers are heading towards non-consumption of animal based products and stringent government regulation are challenging the growth of the market. Moreover, increasing side effects of spicy foods such as indigestion, heart burn and acidity are further restraining its market growth during the forecast period 2020-2025.

Savory Flavor Blends Industry Outlook

Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Savory Flavor Blends Market. Savory Flavor Blends top 10 companies are Symrise AG, AngelYeast Co. Ltd., Takasago International Corporation, Givaudan Corporation, Frutarom Ltd, Symega, DSM, Synergy and Kanegrade. 

Acquisitions/Product Launches:

  • On November 2019, DSM launches MaxaGourmet, a solution, in the savory ingredient category which enhances the taste of food.
  • On December 2019, AngelYeast Co. Ltd. launches a new natural flavor-enhancing solution for plant-based food and beverages. This product help the company to strengthen its portfolio and increase its customer base.
1. Savory Flavor Blends Market Overview
    1.1 Definitions and Scope
2. Savory Flavor Blends Market Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Form
    2.3 Key trends by Application
    2.4 Key trends by Function
    2.5 Key trends by Flavor
    2.6 Key trends by Geography
3. Savory Flavor Blends Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Savory Flavor Blends Market - Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Savory Flavor Blends Market - Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Savory Flavor Blends Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes 
7. Savory Flavor Blends Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Savory Flavor Blends Market – By Form (Market Size -$Million/$Billion)
    8.1 Powder
    8.2 Liquid
9. Savory Flavor Blends Market – By Application (Market Size -$Million/$Billion)
    9.1 Snacks
    9.2 Bakery
    9.3 Spreads
    9.4 Meat
    9.5 Seasonings
    9.6 Prepared Foods
    9.7 Soups & Sauces
10. Savory Flavor Blends Market – By Function (Market Size -$Million/$Billion)
    10.1 Extracts Formation
    10.2 Masking Flavors
    10.3 Compounded Flavors
    10.4 Emulsification
    10.5 Oleoresins
    10.6 Color Blending
    10.7 Vitamin
    10.8 Nutraceutical Blending
11. Savory Flavor Blends Market – By Flavor (Market Size -$Million/$Billion)
    11.1 Sweet Flavor
    11.2 Meat Flavor
12. Savory Flavor Blends Market - By Geography (Market Size -$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Savory Flavor Blends Market Entropy
14. Savory Flavor Blends Market - Industry / Segment Competition landscape Premium Premium
    14.1 Market Share Analysis
        14.1.1 Market Share by Country- Key companies
        14.1.2 Market Share by Region- Key companies
        14.1.3 Market Share at Global Level- Key companies
        14.1.4 Best Practices for Companies
15. Savory Flavor Blends Market - Key Company List by Country Premium Premium
16. Savory Flavor Blends Market Company Analysis
    16.1 Company Revenue, Products, M&A, Developments
    16.2 Company 1
    16.3 Company 2
    16.4 Company 3
    16.5 Company 4
    16.6 Company 5
    16.7 Company 6
    16.8 Company 7
    16.9 Company 8
    16.10 Company 9
    16.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

List of Tables

1 US Savory Flavor Blends Market Size 2018
2 Canada Savory Flavor Blends Market Share 2018
3 Brazil Savory Flavor Blends Market Outlook 2019 - 2023
4 Mexico Savory Flavor Blends Market Research 2018
5 Germany Savory Flavor Blends Market Trends 2019 - 2023 
6 France Savory Flavor Blends Market Growth 2019 - 2023 
7 UK Savory Flavor Blends Market Demand 2019 - 2023 
8 Italy Savory Flavor Blends Market Segmentation 2018
9 Russia Savory Flavor Blends Market Analysis 2019 - 2023
10 China Savory Flavor Blends Market Revenue 2019 - 2023
11 Japan Savory Flavor Blends Market Volume 2019 - 2023
12 South Korea Savory Flavor Blends Market Potential 2019 - 2023
13 India Savory Flavor Blends Market Leaders 2018
14 Saudi Arabia Savory Flavor Blends Market Forecast 2019 - 2023 
15 Kuwait Savory Flavor Blends Market Value 2018

List of Figures

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