Savory Ingredients Market Industry Size, Share, 2022-2028
A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the global savory ingredients market was worth USD 7.6 billion in 2021 and is anticipated to reach USD 10.8 billion by 2028. This is attributable to swift growth in demand for flavor enhancers due to the availability of a diversity of food choices for consumers. The demand for food entailing different flavors is snowballing at an exponential rate across the globe. Thereby, highly cost-effective and innovative ways of producing flavors are being developed and pumped into the market to meet this demand. This is expected to propel the growth of the savory ingredients market during the forecast period 2022-2028. Upsurge in Number of End-Use Applications of Savory Ingredients to Drive Market Savory ingredients are finding extensive applications in numerous food segments, including soups & sauces, ready-to-eat meals, dehydrated noodles, and pet food. They are also being used...