Food Processing Ingredients Market: Summary
The Global Food Processing Ingredients Market is projected to reach a value of over USD 66.6 billion by 2027 at a CAGR of around 5.2%.
Food Processing is the process of transforming agricultural products into different foods. Food processing ingredients are used to enhance the taste, blend, thicken, protect, and color foods, along with the lessening effect of nutritional deficiencies. A variety of useful functions are performed in foods which include maintaining taste, freshness, texture, & appearance of the food & protect nutritional value using food processing ingredients.
Food Processing Ingredients Market: Drivers & restraint
- Rising Demand for Processed Foods
Growing preference of consumers for healthy food & safety foods coupled with food safety has expected to drive the food processing ingredients market during the forecasted period. Consumers are becoming alert regarding the production and sourcing process for processed food consumed by them. Thus, companies are developing certified food processing ingredients in order to suffice the quality and safety standards expected by consumers. Moreover, increasing consumption of convenience food owing to increasing number of working population, and changing lifestyle has expected to increase the demand for processed food. Thus, rising demand for processed food across the globe has expected to drive the growth of food processing ingredients market during the forecasted period.
- Increasing Instances of Food-Related Frauds
Despite of advances in legislation, technologies, regulations, and transparency, food related frauds have continued to threaten both lives and livelihood. Food fraud refers to the intentional and deliberate addition, substitution, tempering with or misrepresentation of food, ingredients, or packaging at some stages of production cycle or product distribution. Moreover, it also refers to false or misleading statements made about a food or drink product for economic gain. Thus, increasing instances of food-related frauds for economic gain has expected to hinder the growth of market during the forecasted period.
Food Processing Ingredients Market: Key Segments
- Segmentation based on Nature: Synthetic, and Natural.
- Segmentation based on Ingredients: Minerals, Vitamins, Proteins, Antioxidants, Enzymes, Coloring Agents, and Others.
- Segmentation based on Application: Bakery & Confectionery, Dairy Products, Meat & Sea Food Products, Cereal Products, Beverages, and Others.
- Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.
Food Processing Ingredients Market: Report Scope
The report on the food processing ingredients market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2020-2027 (2020 estimated year, forecasted up to 2027)
Value (USD Million)
Nature, Ingredients, Application, End-use, and Region
North America, Asia-Pacific, Europe, Middle East & Africa, South America
Key Companies Covered
- Cargill, Incorporated (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Ingredion Incorporated
- Tate & Lyle
- Kerry Group plc
- Chr. Hansen Holding A/S
- Associated British Foods plc
- Arla Foods Ingredients Group P/S
- Glanbia Ireland
- Kemin Industries, Inc.
- KB Ingredients
- Other Key Companies
Food Processing Ingredients Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Food Processing Ingredients Market, by Nature
Food Processing Ingredients Market, by Ingredients
- Coloring Agents
Food Processing Ingredients Market, by Application
- Bakery & Confectionary
- Dairy Products
- Meat & Sea Food Products
- Cereal Products
Food Processing Ingredients Market, by Region
- North America
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions Answered By The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
- Food Processing Ingredients Market Providers
- Food Processing Ingredients Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Food Processing Ingredients Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FOOD PROCESSING INGREDIENTS MARKET STUDY