Global Food Processing Ingredients Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Food Processing Ingredients Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global food processing ingredients market report has been segmented on the basis of type, form, source, application, and region.
Global Food Processing Ingredients Market: Overview
Food processing is the process of transforming agriculture products into food. Food processing ingredients are used to taste, blend, protect, thicken, and color foods, as well as lessens effects of nutritional deficiencies. Food processing ingredients perform a variety of useful functions in foods that includes maintaining freshness, taste, texture & appearance of the food and protects nutritional value.
Global Food Processing Ingredients Market: Dynamics
Growing demand for processed food, additional health benefits of food processing ingredients, and increasing popularity of natural ingredients are some major factor expected to propel demand for food processing ingredients and drive growth of the target market. In addition, growing demand for modified starch & starch derivatives, easy availability of raw materials such as wheat and corn, and increasing consumption of alcoholic beverages are some other factors expected to fuel growth of the target market over the next 10 years. In addition, rapid urbanization, economic growth, increasing spending capacity, working women population, along with increasing consumption of ready to eat food products are some factors expected to further boost demand for food processing ingredients.
However, rising cases of food-related frauds and regulations on the manufacturing and usage of food processing ingredients are some major factors that may hamper growth of the target market to a significant extent. Moreover, growing demand for the natural and unprocessed ingredient is expected to provide lucrative opportunities for the key players operates in the target market.
A recent trend observed in the global food processing ingredients market is manufacturers are focusing to fortify food products with essential ingredient due to health benefits associated with the product. Furthermore, changing trends in food and a healthy lifestyle are also expected to fuel growth of the food processing ingredient market.
Global Food Processing Ingredients Market: Segment Analysis
Among the type segments, the modified starch & starch derivatives segment is projected to contribute a major share in the global market during the forecast period.
Among the form segments, the dry ingredients segment is expected to contribute major market share and is anticipated to dominate the global market throughout the forecast period.
Among the source segments, the natural segment is expected to expand significantly in the coming years.
Among the application segments, the bakery & confectionery products segment is expected to register significant growth rate in the target market over the forecast period.
Global Food Processing Ingredients Market: Regional Analysis
The market in Asia Pacific is expected to dominate the global food processing ingredients market in terms of revenue and is expected to maintain its position over the forecast period. Factors such as increasing demand for packaged food products, changing consumer’s tastes and preferences, and constant innovation in products, are also expected to fuel growth of the food processing ingredient market. Markets in Japan, India, and South Korea are registering significant growth owing to increasing consumer demand for bakery and confectionery products, beverages, and frozen novelties.
Global Food Processing Ingredients Market Segmentation:
Segmentation by Type:
- Modified Starch & Starch Derivatives
- Food Stabilizers
- Others (Emulsifiers, Acidity Regulators, Antioxidants, and Release Agents)
Segmentation by Form:
- Dry Ingredients
- Liquid Ingredients
Segmentation by Source:
Segmentation by Application:
- Bakery & confectionery products
- Convenience foods
- Dairy & frozen desserts
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- Cargill, Incorporated
- Archer Daniels Midland Company
- I. du Pont de Nemours and Company
- Ingredion Incorporated
- Tate & Lyle PLC
- Kerry Group plc
- Koninklijke DSM N.V.
- Hansen A/S
- Ashland Global Holdings Inc.
- Associated British Foods PLC
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