Strong innovation-driven
and science-based position in the process of food chain makes the specialty
food ingredients a major contributor to the food and beverages sector,
especially in North America. Additionally, these foods are of high-quality and
are used for the production of high-value food products with improved
production value, shelf life, and improved taste. Owing to this, the
IndustryARC’s analysts’ evaluated the global specialty food ingredients taste
market share to be $43 billion in 2018. And, the propelling opportunities are
expected to grow the market at a CAGR of 6% during the forecast period 2019-2025.
The IndustryARC’s latest business intelligence report titled
“Specialty Food Ingredients Market: By Type (Flavors, Acidulant, Colors,
Enzymes, Emulsifiers/Stabilizers, Food Preservatives and Others); By
Application (Bakery & Confectionery, Dairy Products, Meat Products, Savory
& Salty Snacks, Beverages and Others); &By Geography Forecast
(2019-2025),” states that specialty food ingredients confer various functional
and technological benefits such as safety, quality, affordability,
deliciousness, and nutrition of the processed food products. And, the growth of
the market is considerably dependent on the sustainability of processed food
products. These food ingredients meet the consumers demand with their
exceptional features such as coloring, preservation, nutritional enhancement,
and emulsification. Moreover, for developing innovating specialty food
ingredients, few emerging countries have been spending lately on R&D.
Specialty Food Ingredients Market: Leading Segments
North America accorded
the largest regional specialty food ingredients market share of 36% in 2018.
Owing to the growing concerns regarding the splendid capacity of production,
and healthier food habits in countries such as the United States and Canada.
The demand is burgeoning in North America, owing to the growing health problems
such as obesity and diabetes which is influencing the consumers to focus more
on a healthy life.
On the other hand, the key application cited by the
IndustryARC’s analyst is in bakery and confectionery. Due to the higher demand
for flavors, emulsifiers, and colors various products such as bread, pastries
etc., are strengthening the market. Owing to immense use in bakery and
confectionery, the specialty food ingredients market is predicted to observe
growth at a CAGR of 5.80% through to 2025.
Specialty Food Ingredients Market: Growth Drivers and Market
Trends
· Innovative product offerings make it a necessity for the
manufacturers to use the specialty food ingredients for their customized and
functional value addition as per the ultimate consumers’ preference. This trend
has been driving the growth of the specialty food ingredient market.
· The growing end-user industries such as bakery and confectionary,
and functional food and beverages are nourishing the growth of the special food
ingredients market. The change in lifestyle of the people and inclination
towards the taste and preference and healthy food is influencing the market
growth.
· Another up surging trend in the specialty food ingredients
market is the incorporation of vitamins and antioxidants in food supplements
and edible oils in order to enhance the nutritional value of the food items.
· The growing population is converting themselves to plant-based
specialty food ingredients consumers, owing to the increasing consumption of
organic and vegan food. Moreover, the prevalent issues regarding wellness and
health are driving the growth for plant-based specialty food ingredients market.
Specialty Food Ingredients Market: Competitive Landscape
Some of the key companies
identified in the report that are currently holding majority shares in the
global specialty food ingredients market are Cargill, Incorporated, CHR Hansen
Group, Koninklijke DSM N.V., The Archer Daniels Midland Company, E. I. Du Pont
de Nemours and Company, Kerry Group, Ingredion Incorporated, Tate & Lyle,
Naturex S.A., and Prinova Group LLC.
Talk to one of our sales representative about the full report by
providing your details in the link below:
https://www.industryarc.com/support.php?id=15162
Related Reports:
Specialty Ingredients Market
https://www.industryarc.com/Research/Specialty-Ingredients-Market-Research-503621
What can you expect from the report?
The specialty food
ingredients market is prepared with the
main agenda to cover the following 20 points:
1. Market Size by Product Categories & Application 11.
Demand Analysis (Revenue & Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value Chain
Analysis
6. Top 10 End user
Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape
Analysis
9. Mergers & Acquisition
Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports
in specialty food ingredients market segment?
Answer: Yes, we do have separate reports as mentioned below:
1. Central America
Specialty Food Ingredients Market (2018-2023)
Q. Does IndustryARC provide customized reports and charge
additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our
database of reports and annual subscription databases. We can provide the
following free customization:
1. Increase the level of
data in application or end user industry.
2. Increase the number
of countries in geography chapter.
3. Find out market
shares for other smaller companies or companies which are of interest to you.
4. Company profiles can
be requested based on your interest.
5. Patent analysis,
pricing, product analysis, product benchmarking, value and supply chain
analysis can be requested for a country or end use segment.
Any other custom requirements can be discussed with our team,
drop an e-mail to [email protected] to
discuss more about our consulting services.
To request for a proposal, provide your details in the below
link:
https://www.industryarc.com/reports/request-quote?id=15162
Media Contact:
Mr. Venkat Reddy
Sales
Manager
Email 1: [email protected]
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.