The Food Ingredients Market is forecasted to be worth USD 84.97 billion by 2027, according to a new report by Emergen Research. The key factors influencing the market include increasing adoption of the convenience foods, higher demand for the natural food ingredients, and a tremendous surge in demand for ready-to-eat food products.Higher consumer preference for the extended nutritious value, rising requirement for the cold-storage foods, the higher proliferation of the ready-made packaged & ready-to-serve foods, foods with lower calorific values & dietary foods, and cheaper alternatives of the premium edibles are a few additional market driving factors.
The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Food Ingredients market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Food Ingredients market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are:
Kerry Group, Cargill Inc., Corbion Purac, Stevia First Corporation, Hermes Sweeteners Ltd, Tate & Lyle Plc, Archer Daniels Midland, Riken Vitamin, Palsgaard, and Dupont- Danisco, among others.
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Some Key Highlights
- In June 2020, Ingredion Incorporated launched a new dietary fiber in the United States with a name Novelose 3490. The fiber was originally launched in the Asia Pacific region and enabled the food manufacturers to develop high-fiber bakery & snacks products that could satisfy the consumer demand regarding digestive wellness.
- A higher penetration for the online business channels or e-commerce chains for the food ingredients owing to the reduced price offering and availability newer product line-ups & bulk product availability from a higher number of available sellers are deliberately helping to create enforcement to the market.
- The developing regions in the Asia Pacific are experiencing a rapid development in the food flavoring, emulsifying, and preserving research & development and increasing usage of the food ingredients, and a substantial economic development along with a mentionable shift in the consumer preferences in the food & beverage sectors deliberately propel the market enforcement.
Furthermore, the report provides a comprehensive overview of the Food Ingredients market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
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For the purpose of this report, Emergen Research has segmented into the global Food Ingredients Market on the basis of Type, Application, Sales Channel, and Region:
Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Preservatives
- Natural Antioxidants
- Sorbates
- Benzonates
- Others
- Sweeteners
- Bulk Sweeteners
- Sucrose
- Fructose
- Lactose
- High Fructose
- Others
- Sugar Substitutes
- Sucralose
- Xylitol
- Stevia
- Aspartame
- Saccharine
- Others
- Bulk Sweeteners
-
- Emulsifiers
- Mono-Di-Glycerides
- Lecithin
- Sorbitan Esters
- Others
- Anti-Caking
- Calcium compounds
- Sodium compounds
- Silicon Dioxide
- Others
- Enzymes
- Carbohydrases
- Protease
- Lipase
- Others
- Hydrocolloids
- Starch
- Gelatin Gum
- Xanthan Gum
- Others
- Emulsifiers
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Food Ingredients market expected to boost the growth of the industry in the coming years.
Key Questions Answered in the Report:
What is the growth rate of the Food Ingredients market? What is the anticipated market valuation of Food Ingredients industry by 2027?
What are the key growth driving and restraining factors of the Food Ingredients market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Food Ingredients industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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