Global Savory Extract Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Yeast Derived Savory Extract, Hydrolyzed Vegetable Proteins Derived Savory Extract, Monosodium Glutamate Derived Savory Extract, Nucleotides Derived Savory Extract, and Hydrolyzed Animal Proteins Derived Savory Extract.By Application;
Food Industry, Alcoholic Beverages and Non-Alcoholic Beverages Industry, Pharmaceutical Industry, Animal Feed Industry, and Others Dietary Supplement Industries.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Savory Extract Market (USD Million), 2021 - 2031
In the year 2024, the Global Savory Extract Market was valued at USD 2162.74 million. The size of this market is expected to increase to USD 3251.96 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.
The global savory extract market is experiencing robust growth driven by the increasing demand for natural flavor enhancers across various food and beverage applications. Savory extracts, derived from sources such as yeast, vegetables, and herbs, are prized for their ability to impart rich umami flavors to dishes. This trend is particularly pronounced as consumers become more health-conscious, seeking alternatives to artificial additives and flavorings.
One significant driver behind the growth of the savory extract market is the rising popularity of plant-based diets. With more consumers adopting vegetarian and vegan lifestyles, there is a heightened demand for savory extracts as they provide a convenient way to add depth and complexity to meat-free dishes. This has led to a surge in innovative product developments within the savory extract sector, catering to the evolving tastes and preferences of a diverse consumer base.
The increasing awareness regarding the health benefits associated with savory extracts is fueling market expansion. Savory extracts are often prized for their rich nutritional profile, containing essential vitamins, minerals, and amino acids. As consumers seek out healthier food options without compromising on taste, savory extracts offer a compelling solution, aligning with the growing emphasis on clean-label and natural ingredients in the food industry. As a result, the global savory extract market is poised for continued growth, driven by evolving consumer preferences and the ongoing pursuit of culinary excellence.
Global Savory Extract Market Recent Developments
-
In December 2020, a sauce producer introduced heat-and-serve global cuisine-inspired sauces aimed at time-pressed consumers.
-
In April 2024, a company launched artisan sauces using locally sourced organic ingredients for the premium market.
Segment Analysis
The global savory extract market exhibits a multifaceted landscape, characterized by diverse consumer preferences and applications across various segments. One prominent segment within this market comprises food and beverage manufacturers utilizing savory extracts as key ingredients to enhance the flavor profile of their products. These extracts, derived from natural sources such as vegetables, herbs, and spices, play a crucial role in imparting rich umami taste and aroma to a wide range of culinary offerings, including soups, sauces, snacks, and ready-to-eat meals.
The pharmaceutical and nutraceutical industries represent another significant segment driving demand for savory extracts. With growing consumer awareness about the health benefits of natural ingredients, savory extracts are increasingly incorporated into dietary supplements and medicinal formulations. Rich in antioxidants, vitamins, and minerals, these extracts not only contribute to the nutritional value of products but also offer potential health-promoting properties, aligning with the preferences of health-conscious consumers seeking functional foods and supplements.
The burgeoning demand for clean label and natural food products has propelled the adoption of savory extracts among organic and clean label food producers. As consumers prioritize transparency and authenticity in food ingredients, manufacturers are under pressure to replace artificial additives and flavor enhancers with natural alternatives. Savory extracts, with their clean label appeal and ability to deliver authentic flavor profiles, emerge as a preferred choice for meeting this demand. This segment of the market is characterized by a focus on sourcing high-quality, sustainably produced extracts to meet the stringent standards of organic and clean label certifications, reflecting the industry's commitment to sustainability and responsible sourcing practices.
Global Savory Extract Segment Analysis
In this report, the Global Savory Extract Market has been segmented by Type, Application and Geography.
Global Savory Extract Market, Segmentation by Type
The Global Savory Extract Market has been segmented by Type into Yeast derived savory extract, Hydrolyzed vegetable proteins derived savory extract, Monosodium glutamate derived savory extract, Nucleotides derived savory extract and Hydrolyzed animal proteins derived savory extract.
The global savory extract market can be segmented by type into liquid and powder forms. Liquid savory extracts are derived from various sources such as meat, vegetables, and seafood through a process of extraction and concentration. These extracts are commonly used in liquid form for soups, sauces, marinades, and dressings, imparting rich umami flavors to dishes. On the other hand, powder savory extracts are created by dehydrating liquid extracts or by directly processing raw materials into a powdered form. Powdered extracts offer convenience in storage and transportation and are often used in dry seasoning blends, bouillons, and instant soups.
Another segmentation of the global savory extract market by type includes natural and synthetic variants. Natural savory extracts are obtained from naturally occurring sources such as plants, vegetables, and animal proteins, preserving the authentic flavors and nutritional profiles of the original ingredients. These extracts are favored by consumers seeking clean label products with minimal additives. In contrast, synthetic savory extracts are chemically synthesized compounds designed to mimic the flavors of natural sources. While synthetic extracts offer cost advantages and consistency in flavor, they may not always align with consumer preferences for natural ingredients and clean label products.
The market for savory extracts can be categorized by flavor profiles, including meat, vegetable, seafood, and others. Meat-based savory extracts, such as beef and chicken, are widely used to enhance the savory taste and aroma of dishes like stews, gravies, and meat-based sauces. Vegetable extracts, such as tomato and mushroom, are prized for their umami-rich flavors and are commonly incorporated into vegetarian and vegan recipes to impart depth and complexity. Seafood extracts, such as shrimp and clam, lend a distinctive oceanic flavor to dishes like seafood soups and sauces. Additionally, other flavor profiles like cheese and spice extracts cater to specific culinary preferences and applications, diversifying the market for savory extracts.
Global Savory Extract Market, Segmentation by Application
The Global Savory Extract Market has been segmented by Application into Food Industry, Alcoholic beverages and non-alcoholic beverages Industry, Pharmaceutical Industry, Animal Feed Industry and Others dietary supplement Industries.
The global savory extract market can be segmented by application into three primary categories. Firstly, in the food industry, savory extracts are extensively used as flavor enhancers in various products such as soups, sauces, seasonings, and ready-to-eat meals. Their ability to impart rich umami taste profiles makes them indispensable ingredients in culinary creations, offering depth and complexity to dishes.
Savory extracts find widespread application in the production of snacks and convenience foods. With the growing demand for on-the-go consumption and convenient meal options, snack manufacturers utilize savory extracts to infuse snacks like chips, crackers, and snack bars with savory flavors that appeal to consumers' taste preferences. These extracts not only enhance the taste but also contribute to the overall sensory experience of the snacks.
The pharmaceutical and nutraceutical industries also utilize savory extracts for their potential health benefits and nutritional properties. Savory extracts, particularly those derived from ingredients like mushrooms and yeast, are rich in amino acids, vitamins, and minerals, which can contribute to overall health and well-being. They are incorporated into various supplements, health drinks, and functional foods aimed at promoting health, vitality, and immune support.
The applications of savory extracts span across the food, snack, pharmaceutical, and nutraceutical industries, where they play crucial roles in enhancing flavors, creating convenient snack options, and providing nutritional benefits to consumers.
Global Savory Extract Market, Segmentation by Geography
In this report, the Global Savory Extract Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Savory Extract Market Share (%), by Geographical Region, 2024
The global savory extract market showcases a diverse geographical distribution, with significant activity in various regions across the globe. In North America, particularly in the United States and Canada, the market for savory extracts is robust. This can be attributed to the high demand for natural flavor enhancers in the food and beverage industry, driven by consumers' increasing preference for clean label products. Additionally, the presence of major food processing companies and a thriving culinary culture contribute to the growth of the savory extract market in this region.
In Europe, countries like Germany, France, and the United Kingdom emerge as key players in the savory extract market. With a rich culinary heritage and a strong focus on quality and innovation in food production, European consumers show a growing interest in savory extracts as natural flavoring agents. Moreover, stringent regulations regarding food safety and quality control further bolster the demand for savory extracts, as they are perceived as clean and natural alternatives to artificial flavorings.
Asia Pacific represents another prominent region in the global savory extract market, with countries like China, Japan, and India leading the way. The region's burgeoning population, coupled with changing consumer preferences and increasing disposable income, drives the demand for savory extracts in various food applications. Furthermore, the growing food processing industry and the adoption of western dietary patterns contribute to the expansion of the savory extract market in Asia Pacific, making it a lucrative market for manufacturers and suppliers alike.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Savory Extract Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growing Demand for Natural Flavors
- Increasing Health Consciousness Among Consumers
-
Expansion of Food Processing Industry - The global savory extract market is witnessing significant expansion, primarily propelled by the burgeoning food processing industry. With consumer preferences shifting towards convenient and ready-to-eat food options, the demand for savory extracts has surged. These extracts, derived from various natural sources such as vegetables, herbs, and spices, offer a concentrated flavor profile, enhancing the taste and aroma of food products. As food manufacturers strive to meet the evolving demands of consumers for flavorful and nutritious offerings, savory extracts have become indispensable ingredients in a wide array of processed foods, including soups, sauces, snacks, and ready meals.
The growing awareness among consumers regarding health and wellness has led to an increased demand for clean label and natural ingredients in food products. Savory extracts, being natural flavor enhancers, are well-positioned to capitalize on this trend. They offer a viable alternative to artificial flavoring agents, meeting the clean label requirements while imparting rich and authentic flavors to processed foods. As a result, food processing companies are increasingly incorporating savory extracts into their formulations to cater to the discerning preferences of health-conscious consumers, thereby driving the expansion of the global savory extract market.
Restraints:
- Fluctuating Prices of Raw Materials
- Stringent Regulations on Food Additives
-
Limited Availability of Raw Materials in Some Regions - Limited availability of raw materials in certain regions has posed a challenge for the global savory extract market. The production of savory extracts heavily relies on specific raw materials such as herbs, spices, and vegetables. However, fluctuations in weather patterns, natural disasters, and geopolitical factors can disrupt the supply chain of these key ingredients. Regions prone to such disruptions often face challenges in sourcing an adequate quantity of raw materials, leading to supply shortages and increased production costs. As a result, companies operating in these regions may struggle to meet the growing demand for savory extracts, impacting their market competitiveness and profitability.
The scarcity of raw materials can also hinder the expansion of the savory extract market into new territories. In regions where certain herbs or spices are not cultivated or are limited in availability, manufacturers may encounter difficulties in localizing their production processes or adapting their product portfolios to suit regional preferences. This limitation not only affects the growth potential of the savory extract market but also restricts consumers' access to a diverse range of flavor profiles and culinary experiences. Consequently, stakeholders within the industry are compelled to explore alternative sourcing strategies, invest in research and development efforts, or collaborate with local farmers to mitigate the impact of raw material scarcity and sustain market growth.
Opportunities:
- Innovations in Product Development and Formulations
- Emerging Markets in Asia-Pacific and Latin America
-
Strategic Partnerships and Collaborations in the Value Chain - In regions like North America and Europe, the global savory extract market has witnessed significant strategic partnerships and collaborations across the value chain. Producers of savory extracts have forged alliances with food manufacturers to develop innovative products that cater to changing consumer preferences for natural and clean-label ingredients. These collaborations often involve joint research and development efforts to create new formulations and enhance the functionality of savory extracts in various food applications. Additionally, partnerships between savory extract manufacturers and distributors facilitate the efficient distribution of products to end-users, ensuring a seamless supply chain operation.
In Asia-Pacific and Latin America, strategic partnerships and collaborations in the savory extract market are driven by the growing demand for flavor-enhancing ingredients in the food and beverage industry. Local savory extract manufacturers often collaborate with multinational food companies to leverage their distribution networks and expand their market presence in these regions. Furthermore, partnerships between savory extract suppliers and foodservice providers enable the customization of flavors to meet the diverse culinary preferences of consumers in emerging markets. These collaborations contribute to the development of a robust and integrated value chain ecosystem that supports the sustainable growth of the savory extract market in these regions.
Competitive Landscape Analysis
Key players in Global Savory Extract Market include:
- Basic Food Flavors Inc.
- Koninklijke DSM N.V.
- Ajinomoto Co. Inc.
- Kerry Group plc
- Tate & Lyle PLC
- Givaudan SA
- International Flavours & Fragrances Inc
- Frutarom Ltd
- WILD Flavours and Specialty Ingredients Inc.
- Symega Savoury Technology Limited
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Savory Extract Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Demand for Natural Flavors
- Increasing Health Consciousness Among Consumers
- Expansion of Food Processing Industry
- Restraints
- Fluctuating Prices of Raw Materials
- Stringent Regulations on Food Additives
- Limited Availability of Raw Materials in Some Regions
- Opportunities
- Innovations in Product Development and Formulations
- Emerging Markets in Asia-Pacific and Latin America
- Strategic Partnerships and Collaborations in the Value Chain
- Drivers
-
PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Savory Extract Market, By Type, 2021 - 2031 (USD Million)
- Yeast derived savory extract
- Hydrolyzed vegetable proteins derived savory extract
- Monosodium glutamate derived savory extract
- Nucleotides derived savory extract
- Hydrolyzed animal proteins derived savory extract
- Global Savory Extract Market, By Application, 2021 - 2031 (USD Million)
- Food Industry
- Alcoholic beverages and non-alcoholic beverages Industry
- Pharmaceutical Industry
- Animal Feed Industry
- Others dietary supplement Industries
- Global Savory Extract Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Savory Extract Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Basic Food Flavors Inc.
- Koninklijke DSM N.V.
- Ajinomoto Co. Inc.
- Kerry Group plc
- Tate & Lyle PLC
- Givaudan SA
- International Flavours & Fragrances Inc
- Frutarom Ltd
- WILD Flavours and Specialty Ingredients Inc.
- Symega Savoury Technology Limited
- Company Profiles
- Analyst Views
- Future Outlook of the Market