Savory Ingredients Market Size, Share, Growth, Trends and Industry Analysis Report, 2024
The global savory ingredients market size was USD 7.49 billion in 2015 and is expected to witness significant growth over the forecast period.
(firmenpresse) - The global savory ingredients market is expected to reach USD 12.75 billion by 2024, according to a new report by Grand View Research, Inc. Savory ingredients are widely used as seasoning and flavoring agents in the food industry.
Growing disposable income has increased the consumption of time-saving food product, which is projected to boost the market growth over the coming years. The growing usage of savory ingredients in the food service industry is also expected to propel market growth.
Savory ingredients are used in the animal feed & pet food industry to enhance food flavors. The growing demand for packaged pet food in Asia Pacific is anticipated to drive market demand over the coming years.
Companies such as DSM, Kerry Group, Givaudan, Diana, and Lesaffre have adopted acquisition strategies to enhance their product offerings and regional presence. This approach has helped companies acquire distribution centers and diversify their offerings across many end-use application markets.
Further key findings from the report suggest:
&D is expected to propel the market demand over the coming years.
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888-202-9519
Email: sales(at)grandviewresearch.com
For More Information: www.grandviewresearch.com
Datum: 31.12.2019 - 03:17 Uhr
Sprache: Deutsch
News-ID 1554978
Anzahl Zeichen: 2700
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Phone: 1-888-202-9519
Kategorie:
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Typ of Press Release: Financial
type of sending: send
Date of sending: 30.12.2019
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