Global Savory Ingredients Market Size & Outlook, 2022-2030
Global savory ingredients market, 2018-2030 (US$M)
Global savory ingredients market highlights
- The global savory ingredients market generated a revenue of USD 10,496.2 million in 2022 and is expected to reach USD 15,624.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.1% by 2030.
- In terms of segment, yeast extracts accounted for a revenue of USD 10,496.2 million in 2022.
- Yeast Extracts is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
Global data book summary
| Market revenue in 2022 | USD 10,496.2 million |
| Market revenue in 2030 | USD 15,624.9 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Yeast extracts |
| Fastest growing segment | Yeast Extracts |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Yeast Extracts |
Other key industry trends
- In terms of revenue, the North America accounted for 10.0% of the global savory ingredients market in 2022.
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Savory Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vedan International Holdings | View profile | 1001-5000 | Central, Hong Kong Island, Hong Kong, Asia | http://www.vedaninternational.com |
| Angel Yeast | View profile | 10001+ | Yichang, Hubei, China, Asia | https://en.angelyeast.com/ |
| Lesaffre | View profile | 5001-10000 | Marcq-en-baroeul, Nord-Pas-de-Calais, France, Europe | http://www.lesaffre.com/ |
| Givaudan SA | View profile | 16263 | Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 | https://www.givaudan.com |
| Symrise AG | View profile | 12435 | Muhlenfeldstrasse 1, Holzminden, ST, Germany, 37603 | https://www.symrise.com |
| Tate & Lyle PLC | View profile | 4591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | https://www.tateandlyle.com |
| Sensient Technologies Corp | View profile | 3956 | 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 | https://www.sensient.com |
Global savory ingredients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to savory ingredients market will help companies and investors design strategic landscapes.
Yeast extracts was the largest segment with a revenue share of 100% in 2022. Horizon Databook has segmented the Global savory ingredients market based on yeast extracts covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Savory Ingredients Product Outlook (Revenue, USD Million, 2018-2030)
- HVP
- Nucleotides
- Yeast Extracts
- HAP
- Others
- MSG
- Global Savory Ingredients Source Outlook (Revenue, USD Million, 2018-2030)
- Natural
- Synthetic
- Global Savory Ingredients Form Outlook (Revenue, USD Million, 2018-2030)
- Powder
- Liquid
- Paste
- Global Savory Ingredients Application Outlook (Revenue, USD Million, 2018-2030)
- Pet Food
- Others
- Food
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Horizon Databook provides a detailed overview of global-level data and insights on the Global savory ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global savory ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global savory ingredients market size, by regions, 2018-2030 (US$M)
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