Food Texturants Market Insights, Regional Trend, Demand, Growth Rate, and Profit Ratio till 2030
Food Texturants Market Scope
The global food texturants market is expected to reach a value
of USD 7.35 billion by 2030. It can exhibit a growth rate of 6.50 % over the
forecast period. Increasing use of food additives for increasing the appeal
of foods is one of the biggest drivers of the market. Investments in research
and development for offering foods with transparency and emphasis on clean
labeling can fuel the market growth. Awareness among consumers on the use of
ingredients and need for a healthy lifestyle can work in favor of the market.
The need for milk and its value-added products will trigger
the need for food texturants. Consumption of beverages, yoghurt, and flavouring
milk can bode well for the market until 2030. Research on local tastes and the
launch of appropriate flavours can drive the revenue of the global food
texturants market outlook. Inclination towards healthy foods as well as
cognizance of food allergies can pave the way for new growth avenues.
Food texturants are additives used in increasing the density
of foods. Low-sugar foods have found to be using food texturants to increase
the appeal of foods. For instance, Cargill offers chicory root fiber for dairy
and non-dariy foods for provides a sugary taste while keeping in mind the
waistlines of customers. The global food texturants market report by Market
Research Future (MRFR) looks at the various developments in bulking materials
as well as the demand of processed and ready-to-eat foods by consumers. It
contains drivers and obstacles for the period of 2022 to 2030 (forecast
period). The impact of the COVID-19 pandemic and its effects have been written
in detail in the report.
But raw material prices and restrictions on the use of
synthetic materials can hamper market growth.
Competition Outlook
Archer Daniels Midland Company, Fiberstar Inc., Tic Gums
Inc., Kerry Group, Danisco A/S, BASF, Cpkelco, Tate & Lyle PLC., Gelita AG
Eberbach, Ingredion Incorporated, Csm NV, Cargill Inc., Südzucker AG, Ajinomoto
Co Inc., and Royal DSM are key players of the global food texturants market.
Segmentation
The global food
texturants market insights report has been segmented based on type,
category, and application.
By type, the global market has been classified as
hydrocolloids, emulsifiers, stabilizers, and others. The hydrocolloids segment
gained major market share in 2018 and is also expected to grow during the
review period.
The global market has also been divided on the basis of
category: natural and synthetic. The synthetic market accounted for the largest
market share. However, the natural segment is expected to be the
fastest-growing segment from 2022 to 2030.
By application, the global market has been segmented into:
soups, sauces, and dips; sweet and savoury snacks; meat, poultry, and seafood;
dairy and frozen desserts; bakery and confectionery; beverages; and others. The
bakery and confectionery market held the major market share and was also
estimated to be the fastest growing segment during the forecast period.
Regional Analysis
The global food texturants market outlook has been studied
with regard to four key regions—North America, Europe, Asia Pacific (APAC), and
Rest-of-the-World (RoW).
North America is expected to be at the forefront of the
market owing to investments in the development of new foods, a penchant for exotic
tastes among customers, and the changing lifestyles of consumers.
But APAC is predicted to lead by the end of 2030 due to
demand for food ingredients in sweet and savoury snacks, meat and poultry,
bakery products, and other items. China and India are expected to contribute
significantly to the market.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and
Media Private Limited),
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