Analysis - by Type (Sweet, Salt, Fat, Bitter, and Others) and Application (Food and Beverages [Bakery and Confectionery; Dairy and Frozen Desserts; Beverages; Meat, Poultry, and Seafood; Meat Substitutes; Dairy Alternatives; RTE and RTC Meals; and Other Food and Beverages], Pharmaceuticals and Nutraceuticals, and Others)
No. of Pages:
85
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Report Code:
BMIRE00029988
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Category:
Food and Beverages
The Middle East & Africa flavor masking agents market was valued at US$ 9.80 million in 2022 and is expected to reach US$ 14.48 million by 2030; it is estimated to register a CAGR of 5.0% from 2022 to 2030.
Increasing Demand for Natural Additives Drives Middle East & Africa Flavor Masking Agents Market
Consumers are highly concerned about their diet. They pay attention to product labels and additives used in packaged food and beverages as well as dietary supplements. The popularity of organic products is increasing owing to their perceived health benefits. They are free of pesticides, chemical fertilizers, and genetically modified organisms (GMOs), which increase their appeal among consumers who are ready to pay higher prices. Moreover, consumers increasingly prefer clean-label products free of synthetic colors, flavors, and other additives. Further, they focus on holistic and conscious consumption and prefer products made with ethically sourced additives. Thus, the demand for natural additives is increasing in the food & beverage and nutraceuticals industries.
Kerry Group, one of the known manufacturers of flavor masking agents, offers 'Prolamin Coating', a natural flavor masking agent. It is a known masking agent for bitter taste masking. Prolamin is a plant storage protein found in the seeds of cereal grains such as rice and oats and accounts for ~5-10 % of the total proteins in those plants. Manufacturers and flavor companies could produce clean, labeled flavor masking agents by extracting, separating, and purifying prolamin-rich fractionation. Thus, an upsurging demand for natural additives is expected to create a new trend in the flavor masking agents in market in the coming years.
Middle East & Africa Flavor Masking Agents Market Overview
The Middle East & Africa flavor masking agents market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Upsurging demand for meat substitutes and dairy alternatives fuels the need for flavor masking agents in the region. The agents help to mask any inherent off-notes or unfamiliar flavors in ingredients such as plant protein, vitamins and minerals, and amino acids, enabling manufacturers to create meat substitutes and dairy alternative products with palatable taste that are appealing to consumers. A plant-based diet gains popularity in the Middle East & Africa owing to rising health and environmental concerns among consumers. According to the EcoMENA, the Gulf News highlighted the 250% increase in vegan options in supermarkets across the Middle East & Africa in 2021. Flavor masking agents play a critical role in ensuring that these products meet the dietary requirements along with maintaining a delightful sensory experience. By masking the taste of certain plant-based ingredients, manufacturers can make these products appealing to a broader range of consumers, including those transitioning to or exploring plant-based diets.
According to the data given by TradeArabia, the pharmaceutical industry in Middle East & Africa region is expected to grow at a faster pace accounting for USD 60 billion by the end of 2025. This is due to significant growth of the pharmaceutical industry in the UAE and other countries. Moreover, factors contributing towards the growth of pharmaceutical industry in this region are growth in population, lifestyle changes, increased life expectancy, and increased prioritization of healthcare services by the governments of the leading countries in this region. Flavor masking agents are extensively used in oral supplements and drugs. Thus, the rapidly growing pharmaceutical industry in this region is also favoring the growth of flavor masking agents market over the coming years.
Middle East & Africa Flavor Masking Agents Market Revenue and Forecast to 2030 (US$ Th)
Middle East & Africa Flavor Masking Agents Market Segmentation
The Middle East & Africa flavor masking agents market is segmented based on type, application, and country.
Based on type, the Middle East & Africa flavor masking agents market is categorized into sweet, salt, fat, bitter, and others. The bitter segment held the largest Middle East & Africa flavor masking agents market share in 2022.
By application, the Middle East & Africa flavor masking agents market is segmented into food and beverages, pharmaceuticals and nutraceuticals, and others. The food and beverages segment held the largest Middle East & Africa flavor masking agents market share in 2022. The food and beverages segment is further subsegmented into bakery and confectionery, dairy and frozen desserts, beverages, meat, poultry, and seafood, meat substitutes, dairy alternatives, RTE and RTC meals, and other food and beverages.
Based on country, the Middle East & Africa flavor masking agents market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa flavor masking agents market in 2022.
Archer-Daniels-Midland Co, Firmenich International SA, Kerry Group Plc, Koninklijke DSM NV, Sensient Technologies Corp, and Tate & Lyle Plc are some of the leading companies operating in the Middle East & Africa flavor masking agents market.
Middle East & Africa Flavor Masking Agents Strategic Insights
Strategic insights for the Middle East & Africa Flavor Masking Agents provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Middle East & Africa Flavor Masking Agents Report Scope
Report Attribute
Details
Market size in 2022
US$ 9.80 Million
Market Size by 2030
US$ 14.48 Million
Global CAGR (2022 - 2030)
5.0%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
Sweet
Salt
Fat
Bitter
By Application
Food and Beverages
Pharmaceuticals
Nutraceuticals
Regions and Countries Covered
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa
Market leaders and key company profiles
Archer-Daniels-Midland Co
Firmenich International SA
Kerry Group Plc
Koninklijke DSM NV
Sensient Technologies Corp
Tate & Lyle Plc
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Middle East & Africa Flavor Masking Agents Regional Insights
The geographic scope of the Middle East & Africa Flavor Masking Agents refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Identical Market Reports with other Region/Countries
The List of Companies - Middle East & Africa Flavor Masking Agents Market
1. Archer-Daniels-Midland Co
2. Firmenich International SA
3. Kerry Group Plc
4. Koninklijke DSM NV
5. Sensient Technologies Corp
6. Tate & Lyle Plc
Frequently Asked Questions
How big is the Middle East & Africa Flavor Masking Agents Market?
The Middle East & Africa Flavor Masking Agents Market is valued at US$ 9.80 Million in 2022, it is projected to reach US$ 14.48 Million by 2030.
What is the CAGR for Middle East & Africa Flavor Masking Agents Market by (2022 - 2030)?
As per our report Middle East & Africa Flavor Masking Agents Market, the market size is valued at US$ 9.80 Million in 2022, projecting it to reach US$ 14.48 Million by 2030. This translates to a CAGR of approximately 5.0% during the forecast period.
What segments are covered in this report?
The Middle East & Africa Flavor Masking Agents Market report typically cover these key segments-
Type (Sweet, Salt, Fat, Bitter)
Application (Food and Beverages, Pharmaceuticals, Nutraceuticals)
What is the historic period, base year, and forecast period taken for Middle East & Africa Flavor Masking Agents Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Flavor Masking Agents Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Middle East & Africa Flavor Masking Agents Market?
The Middle East & Africa Flavor Masking Agents Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Archer-Daniels-Midland Co
Firmenich International SA
Kerry Group Plc
Koninklijke DSM NV
Sensient Technologies Corp
Tate & Lyle Plc
Who should buy this report?
The Middle East & Africa Flavor Masking Agents Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East & Africa Flavor Masking Agents Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
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Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines