San Francisco, 24 December 2018, Specialty Food Ingredients Market Analysis By
Product [Sensory (Enzymes, Emulsifiers, Flavors & Colorants) &
Functional (Vitamins, Minerals, Antioxidants, Preservatives)},And Segment
Forecasts, 2018 – 2025
The global specialty food ingredient market is expected to reach USD
116.50 billion by 2025, according to a new report by Grand View Research, Inc.
The industry is anticipated to grow substantially over the forecast period
owing to increasing application of these products in the modern processing
sector to meet a wide range of demand for diverse product qualities.
There has been various value addition
in process technologies which help in efficient use of specialty ingredients in
finished foodstuff. One of such advancements is the twin-screw extrusion lines
developed by Clextral, which help in increasing the flexibility of various
constituents during processing.
Various developments in
encapsulation technologies to enhance aroma and taste differentiation, mask
unpleasant odor and bad tasting components, increase their bioavailability and
stabilize additives; have resulted in tremendous quality improvements in
finished products. This in turn has helped in the processors in meeting various
consumer demands.
The regulatory scenario plays a
very important role in this industry. Frequently changing regulatory framework
is a matter of concern for the industry players across the entire value chain.
The agenda of health issues provides various opportunities for specialty
ingredient reformulation and innovation. However, this requires innovation
regarding technology regarding which the novel constituents play a crucial
role.
The functional specialty food
ingredientsare anticipated to be the fastest growing segment over the next
decade and is projected to grow at a CAGR of 5.5% from 2017 to 2025. These
products help overcome various diseases and provide good health. Hence, the
requirement of such elements is more or less homogenous globally; however,
recent practices of combining functional diet and molecular nutrition might
challenge the conventional paradigm shift, is expected to drive the demand over
the forecast period.
Access Full Research
Report On Specialty Food Ingredients Market Analysis:
www.grandviewresearch.com/industry-analysis/specialty-food-ingredients-market
www.grandviewresearch.com/industry-analysis/specialty-food-ingredients-market
Further key findings from the report suggest:
·
Flavors are expected to be the
fastest growing sensory ingredients. This market is characterized as
innovative, technical and specialized in nature and its growth parameters
include changing lifestyle of consumers, increased demand of convenience
foodstuff
·
Vitamins was the largest
functional constituents segment in 2016. Natural and synthetic vitamins are the
two types of vitamins used in end products
·
Asia Pacific accounted for over
34% of the overall revenue in 2016
·
Major companies actively
operating in the industry in the present scenario would includeNaturex,
Frutarom, KF Specialty Ingredients, Ingredion, DuPont, PPG Industries, Evonik,
Kerry Group and Ashland Inc.
·
Regulatory agencies play a
crucial role in the growth of this industry. The NSF/ANSI defines marketing and
labeling requirements for dietary products that contain organic ingredients.
This standard allows the “contains organic ingredients” designation for
products with organic content of 70% or more that complies with all other
requirements of the standards
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
Grand View Research has segmented the
global specialty food ingredients market on the basis of product and region:
Specialty Food Ingredient
Product Outlook (USD Million, 2014 - 2025)
·
Specialty sensory food
ingredients
o
Enzymes
o
Emulsifiers
o
Flavors
o
Colorants
o
Others
·
Specialty functional food
ingredients
o
Vitamins
o
Minerals
o
Antioxidants
o
Preservatives
o
Others
Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
o
U.S.
o
Mexico
·
Europe
o
Germany
o
UK
o
France
·
Asia Pacific
o
China
o
India
·
Central & South America
(CSA)
o
Brazil
·
Middle East & Africa
o
Saudi Arabia
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-specialty-food-ingredients-market
www.grandviewresearch.com/press-release/global-specialty-food-ingredients-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
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