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Taste Modulator Market Share

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

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Taste Modulator Market Share

Some of the major market players operating in the taste modulator market are

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.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these participants are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

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.