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Integrated Food Ingredients Market by Function, Integrated Solutions And Region - Global Forecast to 2023

Integrated Food Ingredients Market: Global Forecast until 2023

  • October 2018
  • 173 pages
  • ID: 5587815
In this report:
According to the Federation of European Specialty Food Ingredients Industries, to maintain the sustainability of food ingredients, manufacturers have to invest ##%-##% of their turnover to R&D. The European specialty food industry spends an average of €## billion (USD ##.## billion) on R&D every year, which is expected to drive the growth of the integrated food ingredients market in the region.

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The integrated food ingredients market is estimated to rise at a compound annual growth rate of 4.90 percent.

The integrated food ingredients market is projected at ~$60.9B in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 4.90 percent to reach ~$77.5B by 2023. The sector is influenced by Elements such as growing R&D and technological improvements in different industries, increasing number of end-use applications, growing demand for convenience and processed foods due to changing lifestyle, and multi-functionality of hydrocolloids. On the other hand, the growing demand for natural flavors due to the growing health cautiousness is further accelerating the market increase.

The beverages segment is expected to grow at the highest CAGR (Compound annual growth rate) during the outlook period.

The increasing consumption of beverages including juices, tea, coffee, and alcoholic beverages, especially in developed nations including Australia, the USA, and different countries across the European Union, is driving the increase of the integrated food ingredients market.Nevertheless, beverage manufacturers are introducing a big variety of non-alcoholic ferments as a part of integrated food ingredients to improve the mouthfeel, texture, smoothness, flow, and nutrition content of beverage products.

The beverages segment is dominated by dry main mixes, because juice-based compounds are anticipated to grow in the next 5 years.

By function, the preservation segment is forecasted to grow at the highest compound annual growth rate (CAGR) in the overall integrated food ingredients market between 2018 and 2023.

Established on function, the integrated food ingredients market has been divided into taste enhancers, form, texture, preservation, and coloring.The preservation of food plays an important role in the food & beverage market, which makes the preservation segment the quickest-increasing segment.

Preservation increases the shelf life of a product as well as the appeal. The increasing awareness among manufacturers to preserve the food in several ways is anticipated to propel the market rise.

Asia-Pac (APAC) is intended to be the quickest-rising area in the integrated food ingredients market, due to rising disposable income in the area.

APAC is forecasted to be the quickest-increasing area in the overall integrated food ingredients market.Busy lifestyles, quick urbanization, diet diversification, and the liberalization of foreign direct investment in the food industry is accelerating the market increase.

Moreover, the increase in the consumption of convenience food products and growing disposable incomes have increased the industry demand for high-priced fortified nutritional food & beverage products in the territory. As a result, a growth in investments of the top actors has been witnessed in the food ingredients market.

The overall integrated food ingredients market is broken down region-wise, with An in-depth study of each area. These areas contain North America (NA), EU, Asia-Pac, South America area, and African continent.

Break-up of Primaries

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 40.0 percent

• By Description: C-suite - 30.0 percent, D-level - 25.0 percent, and Others* - 45.0 percent

• By Area: North America continent - 25.0 percent, Europe (EU) - 23.0 percent, Asia Pacific (APAC) - 38.0 percent, South America region - 11.0 percent, and African continent - 3.0 percent

*Others contain sales managers, marketing managers, and product managers.

Segment Research

This study breaks down the integrated food ingredients market established on function, integrated solutions, and area. In terms of insights, this market research highlights on different levels of analysis-competitive landscape, end-use review, and organization profiles-which together comprise and discuss the basic overviews on the emerging & high-growth segments of the integrated food ingredients market, high-growth areas, territories, government actions, drivers, market restraints, alternatives, and opportunities.

Why acquiring this study can help you

• To get a comprehensive overview of the integrated food ingredients market

• To benefit wide-ranging information about the top actors in this market, their product portfolio details, and the best strategies approved by them

• To benefit business insights about the main countries/localities in which the integrated food ingredients market is prospering

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