The markets for various specialty food ingredients are a gradually growing business worldwide, in terms of both value and volume, and this growth is attributed to the wide range of ingredients used in food & beverages, pharmaceuticals, cosmetics, and pers
The global specialty food ingredients market size is estimated to be valued at USD 134.7 billion in 2020 and projected to reach USD 178.3 billion by 2025, recording a CAGR of 5.7% during the forecast period.
The global specialty food ingredients market size is estimated to be valued at USD 134.7 billion in 2020 and projected to reach USD 178.3 billion by 2025, recording a CAGR of 5.7% during the forecast period.
The market is strongly driven by shifting consumer preferences, rising health awareness, growing millenial population, and increase in supplementary income among consumers. The convergence of major industry trends is giving rise to new opportunities for k
The convergence of major industry trends is giving rise to new opportunities for key players in the industry. Changing lifestyles and high prevalence of chronic diseases are the key factors driving the demand for specialty food ingredients.
According to MarketsandMarkets, the global specialty food ingredients market size is estimated to be valued at USD 134.7 billion in 2020 and projected to reach USD 178.3 billion by 2025, recording a CAGR of 5.7% during the forecast period.
The global specialty food ingredients market size is estimated to be valued at USD 134.7 billion in 2020 and projected to reach USD 178.3 billion by 2025, recording a CAGR of 5.7% during the forecast period.
The growing demand for clean label products among the consumers is expected to drive the market. The North American segment is poised to dominate the market due to its high population demandingfunctional food
According to MarketsandMarkets, the global specialty food ingredient market size is estimated to be valued at USD 134.7 billion in 2020 and projected to reach USD 178.3 billion by 2025, recording a CAGR of 5.8%.
According to MarketsandMarkets, the global specialty food ingredient market size is estimated to be valued at USD 134.7 billion in 2020 and projected to reach USD 178.3 billion by 2025, recording a CAGR of 5.8%.
The growing demand for clean label products among the consumers is expected to drive the market.
The growing demand for clean label products among the consumers is expected to drive the specialty food ingredients market.
Increase in consumer awareness about various types of functional food ingredients including protein & amino acids, vitamins, essential oils, minerals, and hydrocolloids; and health benefits of these are the factors driving the market
Specialty food ingredients include distinct functional food ingredients, sugar substitutes, flavors, specialty starches, acidulants, food preservatives, food emulsifiers, colors, food & beverage enzymes, and F&B starter cultures.
R&D and technological innovations, uproar for convenience foods, nutrition and taste convergence, and growing end-user applications are some of the major drivers of the specialty food ingredients market.
R&D and technological innovations, uproar for convenience foods, nutrition and taste convergence, and growing end-user applications are some of the major drivers of the specialty food ingredients market.
R&D and technological innovations, uproar for convenience foods, nutrition and taste convergence, and growing end-user applications are some of the major drivers of the specialty food ingredients market.
The market is driven by the increasing R&D and technological innovations, growing need for convenient foods which quickly suffice the need for the moment, nutritional and tasty foods, and vast emergence of end product applications.