The Taste Modulators Market is projected to achieve $2.50 billion by 2031, growing at a CAGR of 7.3% from 2024 to 2031. Key drivers include rising consumer health awareness, a demand for low-calorie yet flavorful products, and the advantages of taste modulators. However, regulatory challenges and international standards are limiting market growth.

Here are the top 10 companies operating in the 5G Infrastructure Market:

Opportunities for market expansion include the increasing demand for innovative beverages and the growth of the functional foods sector. On the downside, high R&D costs are a significant challenge.

DSM-Firmenich AG (Switzerland)

DSM-Firmenich AG, located in Kaiseraugst, Switzerland, operates across four segments: Perfumery & Beauty, Taste, Texture & Health, Health, Nutrition & Care, and Animal Nutrition & Health. The Taste, Texture & Health segment focuses on taste modulators. DSM-Firmenich was formed from the 2023 merger of Firmenich International SA and Koninklijke DSM N.V. The company has a presence in over 60 countries and employs about 30,000 people.

International Flavors and Fragrances (U.S.)

International Flavors & Fragrances (IFF), founded in 1958 and based in New York, produces flavors, fragrances, and cosmetic actives. IFF operates through Nourish, Scent, Health & Biosciences, and Pharma Solutions segments. It offers taste modulators to enhance sweetness, reduce salt, and improve flavor profiles. IFF has over 110 manufacturing facilities, 100 R&D centers, and serves 33,000 customers worldwide, with a workforce of 21,500.

Archer-Daniels-Midland Company (U.S.)

Archer-Daniels-Midland Company (ADM), founded in 1902 and headquartered in Illinois, is a major food processing and commodities trading company. ADM operates in Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and other sectors. It provides ingredients including taste modulators, with a supply chain of 450 crop procurement locations and 330 manufacturing facilities. ADM operates globally and employs 41,802 people.

Kerry Group plc (Ireland)

Kerry Group plc, founded in 1972 and based in Tralee, Ireland, focuses on R&D and manufacturing of functional ingredients. Its Taste & Nutrition segment provides taste modulators. Kerry Group operates globally and has more than 23,000 employees.

Ingredion Incorporated (U.S.)

Ingredion Incorporated, established in 1906 and based in Illinois, offers ingredient solutions across various sectors. Formerly Corn Products International, Ingredion provides taste modulators for a range of food and beverage products. It operates globally with 11,600 employees.

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Givaudan SA (Switzerland)

Givaudan SA, founded in 1895 and headquartered in Vernier, Switzerland, is a key player in flavors, fragrances, and active cosmetic ingredients. Its Taste & Wellbeing segment offers taste modulators, including solutions for reducing salt, fat, and sugar. The company operates in over 52 countries with 16,263 employees.

Symrise AG (Germany)

Founded in 1874, Symrise AG is based in Holzminden, Germany, and specializes in fragrances, flavorings, and cosmetic ingredients. Its Taste, Nutrition & Health segment provides taste modulators. Symrise operates across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, employing 12,435 people.

Sensient Technologies (U.S.)

Sensient Technologies, founded in 1882 and headquartered in Wisconsin, U.S., manufactures colors, flavors, and specialty ingredients. Its Flavors & Extracts segment offers taste modulators. The company operates worldwide with 3,956 employees.

Tate & Lyle PLC (U.K.)

Tate & Lyle PLC, based in London, U.K., provides ingredients and solutions through Food & Beverage Solutions, Sucralose, and Primary Products Europe segments. It offers taste modulators within Food & Beverage Solutions. Tate & Lyle operates in over 120 countries and employs 3,318 people.

The Flavor Factory (U.S.)

The Flavor Factory, established in 1928 in California, provides flavor samples for product development across various sectors. It operates primarily in North America.

Popular Mentions: Carmi Flavor & Fragrance Co., Inc. (U.S.), Corbion N.V. (Netherlands), Flavorchem Corporation (U.S.), Icon Foods (U.S.), and Synergy Flavors, Inc. (U.S.).

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