The Latin America, Middle East and Africa Savory Ingredients Market would witness market growth of 8.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Savory Ingredients Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $268.7 million by 2031. The Argentina market is showcasing a CAGR of 9.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.1% during (2024 - 2031).
The premiumization of food products drives the demand for high-quality savory ingredients. As disposable incomes rise, particularly in developing regions, consumers will spend more on premium food products that promise superior taste and quality.
Moreover, this willingness to invest in premium offerings has incorporated gourmet savory ingredients, such as truffle oil, aged balsamic vinegar, and artisanal cheeses, into everyday food products.
The LAMEA region presents a diverse and growing market for savory ingredients. The culinary traditions in this region are rich and varied, with a strong emphasis on bold and flavorful foods. Countries such as Brazil and South Africa are major contributors to the savory ingredients market in LAMEA. In Latin America, the demand for savory ingredients is driven by the popularity of traditional foods such as tacos, empanadas, and feijoada, which rely heavily on spices, herbs, and seasoning blends.
Free Valuable Insights: The Worldwide Savory Ingredients Market is Projected to reach USD 14 billion by 2031, at a CAGR of 7.3%
Based on Source, the market is segmented into Natural, and Synthetic. Based on Application, the market is segmented into Snacks, Ready Meals, Feed, and Others. Based on Type, the market is segmented into Monosodium Glutamate, Yeast Extract, Starch, Hydrolyzed Vegetable Protein, Hydrolyzed Animal Protein, Nucleotides, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Sensient Technologies Corporation
- Kerry Group plc.
- Archer Daniels Midland Company
- AngelYeast Co., Ltd.
- Tate & Lyle plc
- Associated British Foods PLC (Wittington Investments Limited)
- Koninklijke DSM N.V.
- Givaudan International SA
- Symrise AG
- Ajinomoto Co., Inc.
LAMEA Savory Ingredients Market Report Segmentation
By Source
By Application
- Snacks
- Ready Meals
- Feed
- Others
By Type
- Monosodium Glutamate
- Yeast Extract
- Starch
- Hydrolyzed Vegetable Protein
- Hydrolyzed Animal Protein
- Nucleotides
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Savory Ingredients Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Savory Ingredients Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Savory Ingredients Market by Source, 2020 - 2023, USD Million
TABLE 4 LAMEA Savory Ingredients Market by Source, 2024 - 2031, USD Million
TABLE 5 LAMEA Natural Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Natural Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Synthetic Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Synthetic Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Savory Ingredients Market by Application, 2020 - 2023, USD Million
TABLE 10 LAMEA Savory Ingredients Market by Application, 2024 - 2031, USD Million
TABLE 11 LAMEA Snacks Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Snacks Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Ready Meals Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Ready Meals Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Feed Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Feed Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Savory Ingredients Market by Type, 2020 - 2023, USD Million
TABLE 20 LAMEA Savory Ingredients Market by Type, 2024 - 2031, USD Million
TABLE 21 LAMEA Monosodium Glutamate Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Monosodium Glutamate Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Yeast Extract Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Yeast Extract Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Starch Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Starch Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Hydrolyzed Vegetable Protein Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Hydrolyzed Vegetable Protein Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Hydrolyzed Animal Protein Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Hydrolyzed Animal Protein Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Nucleotides Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Nucleotides Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Savory Ingredients Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Savory Ingredients Market by Country, 2024 - 2031, USD Million
TABLE 37 Brazil Savory Ingredients Market, 2020 - 2023, USD Million
TABLE 38 Brazil Savory Ingredients Market, 2024 - 2031, USD Million
TABLE 39 Brazil Savory Ingredients Market by Source, 2020 - 2023, USD Million
TABLE 40 Brazil Savory Ingredients Market by Source, 2024 - 2031, USD Million
TABLE 41 Brazil Savory Ingredients Market by Application, 2020 - 2023, USD Million
TABLE 42 Brazil Savory Ingredients Market by Application, 2024 - 2031, USD Million
TABLE 43 Brazil Savory Ingredients Market by Type, 2020 - 2023, USD Million
TABLE 44 Brazil Savory Ingredients Market by Type, 2024 - 2031, USD Million
TABLE 45 Argentina Savory Ingredients Market, 2020 - 2023, USD Million
TABLE 46 Argentina Savory Ingredients Market, 2024 - 2031, USD Million
TABLE 47 Argentina Savory Ingredients Market by Source, 2020 - 2023, USD Million
TABLE 48 Argentina Savory Ingredients Market by Source, 2024 - 2031, USD Million
TABLE 49 Argentina Savory Ingredients Market by Application, 2020 - 2023, USD Million
TABLE 50 Argentina Savory Ingredients Market by Application, 2024 - 2031, USD Million
TABLE 51 Argentina Savory Ingredients Market by Type, 2020 - 2023, USD Million
TABLE 52 Argentina Savory Ingredients Market by Type, 2024 - 2031, USD Million
TABLE 53 UAE Savory Ingredients Market, 2020 - 2023, USD Million
TABLE 54 UAE Savory Ingredients Market, 2024 - 2031, USD Million
TABLE 55 UAE Savory Ingredients Market by Source, 2020 - 2023, USD Million
TABLE 56 UAE Savory Ingredients Market by Source, 2024 - 2031, USD Million
TABLE 57 UAE Savory Ingredients Market by Application, 2020 - 2023, USD Million
TABLE 58 UAE Savory Ingredients Market by Application, 2024 - 2031, USD Million
TABLE 59 UAE Savory Ingredients Market by Type, 2020 - 2023, USD Million
TABLE 60 UAE Savory Ingredients Market by Type, 2024 - 2031, USD Million
TABLE 61 Saudi Arabia Savory Ingredients Market, 2020 - 2023, USD Million
TABLE 62 Saudi Arabia Savory Ingredients Market, 2024 - 2031, USD Million
TABLE 63 Saudi Arabia Savory Ingredients Market by Source, 2020 - 2023, USD Million
TABLE 64 Saudi Arabia Savory Ingredients Market by Source, 2024 - 2031, USD Million
TABLE 65 Saudi Arabia Savory Ingredients Market by Application, 2020 - 2023, USD Million
TABLE 66 Saudi Arabia Savory Ingredients Market by Application, 2024 - 2031, USD Million
TABLE 67 Saudi Arabia Savory Ingredients Market by Type, 2020 - 2023, USD Million
TABLE 68 Saudi Arabia Savory Ingredients Market by Type, 2024 - 2031, USD Million
TABLE 69 South Africa Savory Ingredients Market, 2020 - 2023, USD Million
TABLE 70 South Africa Savory Ingredients Market, 2024 - 2031, USD Million
TABLE 71 South Africa Savory Ingredients Market by Source, 2020 - 2023, USD Million
TABLE 72 South Africa Savory Ingredients Market by Source, 2024 - 2031, USD Million
TABLE 73 South Africa Savory Ingredients Market by Application, 2020 - 2023, USD Million
TABLE 74 South Africa Savory Ingredients Market by Application, 2024 - 2031, USD Million
TABLE 75 South Africa Savory Ingredients Market by Type, 2020 - 2023, USD Million
TABLE 76 South Africa Savory Ingredients Market by Type, 2024 - 2031, USD Million
TABLE 77 Nigeria Savory Ingredients Market, 2020 - 2023, USD Million
TABLE 78 Nigeria Savory Ingredients Market, 2024 - 2031, USD Million
TABLE 79 Nigeria Savory Ingredients Market by Source, 2020 - 2023, USD Million
TABLE 80 Nigeria Savory Ingredients Market by Source, 2024 - 2031, USD Million
TABLE 81 Nigeria Savory Ingredients Market by Application, 2020 - 2023, USD Million
TABLE 82 Nigeria Savory Ingredients Market by Application, 2024 - 2031, USD Million
TABLE 83 Nigeria Savory Ingredients Market by Type, 2020 - 2023, USD Million
TABLE 84 Nigeria Savory Ingredients Market by Type, 2024 - 2031, USD Million
TABLE 85 Rest of LAMEA Savory Ingredients Market, 2020 - 2023, USD Million
TABLE 86 Rest of LAMEA Savory Ingredients Market, 2024 - 2031, USD Million
TABLE 87 Rest of LAMEA Savory Ingredients Market by Source, 2020 - 2023, USD Million
TABLE 88 Rest of LAMEA Savory Ingredients Market by Source, 2024 - 2031, USD Million
TABLE 89 Rest of LAMEA Savory Ingredients Market by Application, 2020 - 2023, USD Million
TABLE 90 Rest of LAMEA Savory Ingredients Market by Application, 2024 - 2031, USD Million
TABLE 91 Rest of LAMEA Savory Ingredients Market by Type, 2020 - 2023, USD Million
TABLE 92 Rest of LAMEA Savory Ingredients Market by Type, 2024 - 2031, USD Million
TABLE 93 Key Information – Sensient Technologies Corporation
TABLE 94 Key Information – Kerry Group PLC
TABLE 95 Key Information – Archer Daniels Midland Company
TABLE 96 Key InforTmation – Angel Yeast Co., Ltd.
TABLE 97 Key Information – Tate & Lyle PLC
TABLE 98 Key Information – Associated British Foods PLC
TABLE 99 Key Information – Koninklijke DSM N.V.
TABLE 100 Key Information – Givaudan S.A.
TABLE 101 Key Information – Symrise AG
TABLE 102 Key information – Ajinomoto Co., Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Savory Ingredients Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Savory Ingredients Market
FIG 4 Porter’s Five Forces Analysis – Savory Ingredients Market
FIG 5 LAMEA Savory Ingredients Market share by Source, 2023
FIG 6 LAMEA Savory Ingredients Market share by Source, 2031
FIG 7 LAMEA Savory Ingredients Market by Source, 2020 - 2031, USD Million
FIG 8 LAMEA Savory Ingredients Market share by Application, 2023
FIG 9 LAMEA Savory Ingredients Market share by Application, 2031
FIG 10 LAMEA Savory Ingredients Market by Application, 2020 - 2031, USD Million
FIG 11 LAMEA Savory Ingredients Market share by Type, 2023
FIG 12 LAMEA Savory Ingredients Market share by Type, 2031
FIG 13 LAMEA Savory Ingredients Market by Type, 2020 - 2031, USD Million
FIG 14 LAMEA Savory Ingredients Market share by Country, 2023
FIG 15 LAMEA Savory Ingredients Market share by Country, 2031
FIG 16 LAMEA Savory Ingredients Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Sensient Technologies Corporation
FIG 18 Swot Analysis: KERRY GROUP PLC
FIG 19 SWOT Analysis: Archer Daniels Midland Company
FIG 20 SWOT Analysis: Angel Yeast Co., Ltd.
FIG 21 Swot Analysis: Tate & Lyle PLC
FIG 22 Swot Analysis: Associated British Foods PLC
FIG 23 SWOT Analysis: Koninklijke DSM N.V
FIG 24 SWOT Analysis: Givaudan S.A.
FIG 25 SWOT Analysis: Symrise AG