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Savory Flavor Blends Market Size
Savory Flavor Blends Market size was valued at around USD 7.8 billion in 2022 and is anticipated to grow at a CAGR of 5.4% between 2023 and 2032. Consumers are seeking unique and diverse flavor experiences beyond traditional options, driving the demand for innovative savory flavor blends. Increased interest in global cuisines encourages consumers to seek out savory flavor blends that capture authentic tastes from around the world.
Savory flavor blends provide convenient solutions for home cooks and chefs, offering ready-made flavor profiles that save time in meal preparation. Manufacturers use savory flavor blends to enhance the taste and aroma of processed foods, making them more appealing to consumers.
Report Attributes | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 7.8 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.4% |
2032 Value Projection: | USD 13.2 Billion |
Historical Data for: | 2018 to 2032 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 246 |
Segments covered: | Form, Flavour, Application, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Maintaining consistent flavor profiles across different batches and ensuring high-quality ingredients can be challenging due to variations in sourcing and processing. Meeting consumer demands for clean label ingredients and transparent sourcing while maintaining flavor complexity and shelf stability can be complex. Navigating the regulatory landscape for flavor additives, labeling, and food safety standards can be intricate and vary by region. Thus, the risks associated with Savory flavor blends may drive down the acceptance rate, further hampering the business growth.
COVID-19 Impact
The closure or limited operations of restaurants, cafes, and foodservice establishments worldwide likely led to decreased demand for savory flavor blends used in food preparation. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the business expansion in the upcoming years.
Savory Flavor Blends Market Trends
Consumers were becoming more adventurous in their culinary preferences, leading to increased demand for exotic and international flavors in savory dishes. There was a growing emphasis on healthy and functional ingredients, leading to the demand for savory flavor blends that offer both taste and nutritional benefits. Consumers were seeking transparency in food labels, leading to a demand for savory flavor blends made with natural, clean label, and non-GMO ingredients.
Savory Flavor Blends Market Analysis
Based on form, the savory flavor blends market is segmented as powder, liquid, paste, spray. Powder held a majority market value of USD 2.9 billion in 2022. Powdered savory flavor blends are convenient to mix into dishes, sauces, and dry mixes for consistent flavor distribution. Powdered forms allow for easy customization of flavor intensity based on individual taste preferences.
Based on flavor, the savory flavor blends market is segmented as spices and herbs, umami, barbecue, ethnic/international, citrus, cheese, savory & sweet. Spices and Herbs held a dominant market share of around 36% in 2022 and is expected to grow at a lucrative pace till 2032. Increasing consumer interest in bold spicy flavors and herbs, influenced by international cuisines and adventurous eating habits.
Based on application, the savory flavor blends market is segmented as snacks, sauces and condiments, meat and poultry, ready-to-eat meals, bakery products, dips and spreads, others. Snacks held a dominant market share in 2022 and is anticipated to grow at 5.2% CAGR through 2032. Savory flavor blends add unique taste profiles to snack products, enticing consumers seeking novel snack experiences. Thus, the high-quality services and growing usage of Savory flavor blends at food centres are anticipated to expedite the business growth.
Based on distribution channel, the savory flavor blends market is segmented as retail stores, online retail, specialty stores. Retail Stores held a dominant market share in 2022 and is anticipated to grow at 5.4% CAGR up to 2032. Retail stores provide a convenient location for consumers to find a wide range of savory flavor blends alongside other grocery items.
U.S. dominated the North American region with majority market share and a revenue of USD 1.6 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. Consumers in North America are increasingly seeking healthier and more natural flavoring options, driving the demand for clean label and natural ingredient-based flavor blends.
Savory Flavor Blends Market Share
Some of the major players operating in the Savory flavor blends market are
- McCormick & Company, Inc.
- Kerry Group plc
- Givaudan
- Symrise AG
- Firmenich SA
- International Flavors & Fragrances Inc. (IFF)
- Sensient Technologies Corporation
- MANE
- Takasago International Corporation
- Bell Flavors & Fragrances
- Frutarom (now part of IFF)
- Robertet Group
- T. Hasegawa USA, Inc.
- Archer Daniels Midland Company (ADM)
- Savory Systems International, Inc.
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Savory Flavor Blends Industry News:
- In May 2021, In October 2021, Symrise introduced SymProBiome, a platform with unsettling innovations in microbiome research and product advancement.
Savory flavor blends market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Billion & Units from 2018 to 2032, for the following segments:
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By Form
- Powder
- Liquid
- Paste
- Spray
By Flavour
- Spices and Herbs
- Umami
- Barbecue
- Ethnic/International
- Citrus
- Cheese
- Savory & Sweet
By Application
- Snacks
- Sauces and Condiments
- Meat and Poultry
- Ready-to-Eat Meals
- Bakery Products
- Dips and Spreads
- Others
By Distribution Channel
- Retail Stores
- Online Retail
- Specialty Stores
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
Frequently Asked Questions (FAQ) :