Chicago, April 05, 2024 (GLOBE NEWSWIRE) -- Taste modulators, also known as flavor modulators, are substances or compounds that can alter or modify the perception of taste. These substances can enhance, suppress, or otherwise modify the taste of food and beverages without necessarily imparting their own flavor. Taste modulators play a significant role in the food industry, allowing manufacturers to create products with specific taste profiles, reduce the levels of undesirable flavors, or enhance the overall taste experience. The taste modulators market is projected to reach USD 2.0 billion by 2028 from USD 1.4 billion by 2023, at a CAGR of 7.4% during the forecast period in terms of value. The taste modulators market is growing due to rising health consciousness, addressing the demand for healthier options by reducing sugar, salt, and fat. The surge in obesity and diabetes cases fuels the need for sugar-free and reduced-calorie products, often utilizing taste modulators. Ongoing innovation and the versatility of taste modulators contribute to their widespread application in diverse food and beverage products. Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=169998886 Key Players in Taste Modulators Market DSM (Netherlands) International Flavors & Fragrances Inc. (US) Givaudan (Switzerland) Kerry Group PLC (Ireland) Ingredion (US) Symrise (Germany) Sensient Technologies Corporation (US) Tate & Lyle (UK) Corbion (Netherlands) Takasago International Corporation (Japan) Icon Foods (US), Taste Modulators Market Key Drivers The taste modulator market is flourishing due to several converging factors: Health-Conscious Consumers: Rising concerns about obesity and diabetes are driving demand for reduced-calorie and sugar-free products. Taste modulators allow manufacturers to create these healthier options without sacrificing taste. Sweetener Regulations: Government regulations on sugar content in food and beverages are pushing manufacturers towards sugar substitutes. Taste modulators enhance the effectiveness of these substitutes, maintaining consumer satisfaction. Global Food Trends: The growing interest in exploring diverse cuisines creates a need for taste modulators to adapt traditional flavors to suit health-conscious preferences. Innovation and Versatility: Continuous advancements ...