Middle East & Africa Flavor Masking Agents for Food and Beverages Market Forecast to 2030 - Regional Analysis - by Type (Sweet, Salt, Fat, Bitter, and Others) and Application (Bakery and Confectionery; Dairy and Frozen Desserts; Beverages; Meat, Poultry, and Seafood; Meat Substitutes; Dairy Alternatives; RTE and RTC Meals; and Others)

BMIRE00029943 | Pages: 97 | Food and Beverages | Apr 2024 | Type: Regional | Status: Published
The Middle East & Africa flavor masking agents for food and beverages market was valued at US$ 6.73 million in 2022 and is expected to reach US$ 9.79 million by 2030; it is estimated to record a CAGR of 4.8% from 2022 to 2030.

Rising Use of Flavor Masking Agents in Plant-Based Products Drive Middle East & Africa Flavor Masking Agents for Food and Beverages Market

Consumers are highly inclined toward plant-based foods and beverages as they perceive them as healthier than conventional items. The global proliferation of veganism among people propels the consumption of plant-based products. Plant protein is added to plant-based products, including meat substitutes and dairy alternatives, to fulfill the nutritional requirements. Pea protein is a popular choice of plant protein in meat alternatives due to its high protein content, low saturated fat, and high fiber content. Plant proteins such as pea, soy, almonds, and other ingredients give the end product beany, bitter, cardboardy, and chalky tastes. There might also be unpleasant perceptions around aroma, astringency, and mouthfeel. Kerry Group, Synergy Flavors, and Glanbia are among the well-established brands offering flavor masking agents for plant-based products. Flavor masking agents are highly used in plant-based products to give the desired flavor and taste. Thus, increasing demand for plant-based products among consumers owing to their associated health benefits is expected to create lucrative opportunities for the flavor masking agents in the food & beverages market during the forecast period.

Middle East & Africa Flavor Masking Agents for Food and Beverages Market Overview

The Middle East & Africa flavor masking agents for food and beverages 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 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. In addition, flavor masking agents enable the development of flavorful, plant-based options that cater to the region's diverse population and evolving dietary preferences. Thus, the growing popularity of plant-based food products drives the Middle East & Africa flavor masking agents for food and beverages market growth.

.

Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Flavor Masking Agents for Food and Beverages Market Segmentation

The Middle East & Africa flavor masking agents for food and beverages market is segmented based on type, application, and country.

Based on type, the Middle East & Africa flavor masking agents for food and beverages market is segmented into sweet, salt, fat, bitter, and others. The bitter segment held the largest share in 2022.

By application, the Middle East & Africa flavor masking agents for food and beverages market is segmented into bakery and confectionery; dairy and frozen desserts; beverages; meat, poultry, and seafood; meat substitutes; dairy alternatives; RTE and RTC meals; and others. The beverages segment held the largest share in 2022.

Based on country, the Middle East & Africa flavor masking agents for food and beverages market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa flavor masking agents for food and beverages market in 2022.

Archer-Daniels-Midland Co, Firmenich International SA, Kerry Group Plc, Koninklijke DSM NV, Sensient Technologies Corp, Tate & Lyle Plc, and Virginia Dare Extract Co Inc are some of the leading companies operating in the Middle East & Africa flavor masking agents for food and beverages market.

Table of Content

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

3.4 Limitations and Assumptions

4. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Landscape

4.1 Overview

4.1.1 Market Definition:

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Ecosystem Analysis

4.3.1 Raw Material Suppliers

4.3.2 Manufacturing Process

4.3.3 Distributors or Suppliers

4.3.4 End-Use Industries

5. Middle East & Africa Flavor Masking Agents for Food and Beverages Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Wide Array of Applications

5.1.2 Technological Advancements in Flavor Masking

5.2 Market Restraints

5.2.1 High Manufacturing Expenses Results in High Product Cost

5.3 Market Opportunities

5.3.1 Rising Use of Flavor Masking Agents in Plant-Based Products

5.4 Future Trends

5.4.1 Increasing Demand for Natural Additives

5.5 Impact Analysis of Drivers and Restraints

6. Flavor Masking Agents for Food and Beverages Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue (US$ Thousand)

6.2 Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume (Tons)

6.3 Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecast and Analysis (US$ Thousand)

6.4 Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecast and Analysis (Tons)

7. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Analysis - Type

7.1 Sweet

7.1.1 Overview

7.1.2 Sweet Market Revenue and Forecast to 2030 (US$ Thousand)

7.1.3 Sweet Market Volume and Forecast to 2030 (Tons)

7.2 Salt

7.2.1 Overview

7.2.2 Salt Market Revenue and Forecast to 2030 (US$ Thousand)

7.2.3 Salt Market Volume and Forecast to 2030 (Tons)

7.3 Fat

7.3.1 Overview

7.3.2 Fat Market Revenue and Forecast to 2030 (US$ Thousand)

7.3.3 Fat Market Volume and Forecast to 2030 (Tons)

7.4 Bitter

7.4.1 Overview

7.4.2 Bitter Market Revenue and Forecast to 2030 (US$ Thousand)

7.4.3 Bitter Market Volume and Forecast to 2030 (Tons)

7.5 Others

7.5.1 Overview

7.5.2 Others Market Revenue and Forecast to 2030 (US$ Thousand)

7.5.3 Others Market Volume and Forecast to 2030 (Tons)

8. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Analysis - Application

8.1 Bakery and Confectionery

8.1.1 Overview

8.1.2 Bakery and Confectionery Market Revenue and Forecast to 2030 (US$ Thousand)

8.2 Dairy and Frozen Desserts

8.2.1 Overview

8.2.2 Dairy and Frozen Desserts Market Revenue and Forecast to 2030 (US$ Thousand)

8.3 Beverages

8.3.1 Overview

8.3.2 Beverages Market Revenue and Forecast to 2030 (US$ Thousand)

8.4 Meat, Poultry, and Seafood

8.4.1 Overview

8.4.2 Meat, Poultry, and Seafood Market Revenue, and Forecast to 2030 (US$ Thousand)

8.5 Meat Substitutes

8.5.1 Overview

8.5.2 Meat Substitutes Market Revenue, and Forecast to 2030 (US$ Thousand)

8.6 Dairy Alternatives

8.6.1 Overview

8.6.2 Dairy Alternatives Market Revenue and Forecast to 2030 (US$ Thousand)

8.7 RTE & RTC Meals

8.7.1 Overview

8.7.2 RTE & RTC Meals Market Revenue and Forecast to 2030 (US$ Thousand)

8.8 Others

8.8.1 Overview

8.8.2 Others Market Revenue and Forecast to 2030 (US$ Thousand)

9. Middle East & Africa Flavor Masking Agents for Food and Beverages Market - Country Analysis

9.1 Middle East & Africa Flavor Masking Agents for Food and Beverages Market - Country Analysis

9.1.1 Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts and Analysis - By Countries

9.1.1.1 Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Country

9.1.1.2 South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts to 2030 (US$ Thousand)

9.1.1.3 South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts to 2030 (Tons)

9.1.1.3.1 South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Type

9.1.1.3.2 South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Type

9.1.1.3.3 South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Application

9.1.1.4 Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts to 2030 (US$ Thousand)

9.1.1.5 Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts to 2030 (Tons)

9.1.1.5.1 Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Type

9.1.1.5.2 Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Type

9.1.1.5.3 Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Application

9.1.1.6 UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts to 2030 (US$ Thousand)

9.1.1.7 UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts to 2030 (Tons)

9.1.1.7.1 UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Type

9.1.1.7.2 UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Type

9.1.1.7.3 UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Application

9.1.1.8 Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts to 2030 (US$ Thousand)

9.1.1.9 Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts to 2030 (Tons)

9.1.1.9.1 Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Type

9.1.1.9.2 Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Type

9.1.1.9.3 Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Application

10. Competitive Landscape

10.1 Heat Map Analysis

10.2 Company Positioning & Concentration

11. Company Profiles

11.1 Sensient Technologies Corp

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Firmenich International SA

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Tate & Lyle Plc

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Archer-Daniels-Midland Co

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Kerry Group Plc

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Virginia Dare Extract Co Inc

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 Koninklijke DSM NV

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

12. Appendix

List of Tables

Table 1. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Segmentation

Table 2. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand)

Table 3. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons)

Table 4. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - Type

Table 5. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons) - Type

Table 6. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - Application

Table 7. South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - By Type

Table 8. South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons) - By Type

Table 9. South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - By Application

Table 10. Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - By Type

Table 11. Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons) - By Type

Table 12. Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - By Application

Table 13. UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - By Type

Table 14. UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons) - By Type

Table 15. UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - By Application

Table 16. Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - By Type

Table 17. Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons) - By Types

Table 18. Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand) - By Application

Table 19. Heat Map Analysis

List of Figures

Figure 1. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Segmentation, By Country

Figure 2. Porter's Five Forces Analysis: Middle East & Africa Flavor Masking Agents for Food and Beverages Market

Figure 3. Ecosystem: Middle East & Africa Flavor Masking Agents for Food & Beverages Market

Figure 4. Middle East & Africa Flavor Masking Agents for Food and Beverages Market - Key Industry Dynamics

Figure 5. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Impact Analysis of Drivers and Restraints

Figure 6. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue (US$ Thousand), 2020 - 2030

Figure 7. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume (Tons), 2020 - 2030

Figure 8. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Share (%) - Type, 2022 and 2030

Figure 9. Sweet Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 10. Sweet Market Volume and Forecasts To 2030 (Tons)

Figure 11. Salt Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 12. Salt Market Volume and Forecasts To 2030 (Tons)

Figure 13. Fat Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 14. Fat Market Volume and Forecasts To 2030 (Tons)

Figure 15. Bitter Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 16. Bitter Market Volume and Forecasts To 2030 (Tons)

Figure 17. Others Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 18. Others Market Volume and Forecasts To 2030 (Tons)

Figure 19. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Share (%) -Application, 2022 and 2030

Figure 20. Bakery and Confectionery Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 21. Dairy and Frozen Desserts Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 22. Beverages Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 23. Meat, Poultry, and Seafood Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 24. Meat Substitutes Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 25. Dairy Alternatives Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 26. RTE & RTC Meals Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 27. Others Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 28. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 29. Middle East & Africa Flavor Masking Agents for Food and Beverages Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 30. South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 31. South Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons)

Figure 32. Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 33. Saudi Arabia: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons)

Figure 34. UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 35. UAE: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons)

Figure 36. Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 37. Rest of Middle East & Africa: Middle East & Africa Flavor Masking Agents for Food and Beverages Market Volume and Forecasts To 2030 (Tons)

Figure 38. Company Positioning & Concentration

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

7. Virginia Dare Extract Co Inc

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa flavor masking agents for food and beverages market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa flavor masking agents for food and beverages market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the flavor masking agents for food and beverages market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
  • Report Code
    Full Name
    Country Name
    Email Id
    Phone Number
    Job Title
    Company
    Requirement

    Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


    Purchase Options
    Single User License
    $3550
    $2840
    Site License
    $4550
    $3640
    Enterprise License
    $5550
    $4440