The taste modulators market is expected to have a value of USD 1.3 billion in 2022, and it is projected to reach USD 1.9 billion by 2027. During the forecast period, it is estimated to record a compound annual growth rate (CAGR) of 7.3% in terms of value. The global market for taste modulators shows promise, driven by the growing demand for reduced/zero calorie and reduced salt products while maintaining the desired taste. North America and Europe have played a significant role in the overall taste modulators market, while the Asia Pacific region is expected to experience the highest growth rate. Both developed and developing economies demonstrate favorable market potential for taste modulators due to factors such as increased disposable income, urbanization, and the widespread consumption of bakery, dairy, confectionery, and meat products worldwide.

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The sweet modulators segment is expected to dominate the taste modulators market in terms of value during the forecast period.

Among the different types of taste modulators, the sweet modulators segment is projected to hold the largest market share. This can be attributed to the increasing awareness among consumers about health issues like obesity and diabetes, leading them to seek out healthy, low-calorie food and beverage options. Taste modulators are gaining popularity among consumers due to their ability to enhance taste while providing nutritional benefits, ultimately promoting consumer well-being.

The pharmaceutical application segment is anticipated to experience the highest growth rate during the forecast period.

Taste modulators have found significant adoption in the pharmaceutical industry for the development of improved products and addressing various health-related challenges. Administering bitter drugs orally is often a major obstacle, particularly for vulnerable patient groups such as children and the elderly. According to a report by the American Association of Paediatricians, unpleasant taste is the primary barrier in the treatment of pediatric patients.

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The Asia Pacific region is projected to witness steady growth in the taste modulators market

The demand for processed food with reduced sugar, salt, and fat content is driving the taste modulators market in the Asia Pacific region. Additionally, population growth and changing consumer preferences are also contributing to the market’s growth in this region.

The taste modulators market in China is experiencing rapid expansion. Increased consumer awareness of healthy diets and the negative effects of excessive sugar and salt consumption are driving the market’s growth in the region. The country’s high growth potential, supported by changes in lifestyle and increased income among rural populations, contributes to the strong demand for processed food with taste modulators.

This report provides insights into the marketing and development strategies, as well as the product portfolios of leading companies. It includes profiles of prominent companies such as Koninklijke DSM N.V. (the Netherlands), IFF (US), Givaudan (Switzerland), Kerry Group (Ireland), Ingredion (US), Symrise (Germany), Sensient Technologies (US), Tate & Lyle PLC (UK), Corbion (Netherlands), and Takasago International Corporation (Japan).

The post Global Taste Modulators Market Report to 2027: Increase in Consumer Demand for Reduced-Calorie Products Retaining the Taste of Sugar Drives Growth first appeared on MarketsandMarkets Blog.