Food Ingredient Market is expected to grow at a CAGR of 5.4% during the forecast period of 2022 to 2029. Food ingredients are substances that are applied to foods to improve taste, texture, and appearance and achieve specific technical or functional goals during production, storage, or packaging. Food ingredients are used to improve safety and freshness and maintain the nutritional value of the food.
According to the food ingredients market analysis, Asia Pacific was the largest region in the food ingredients market and was worth $23.1 billion in 2022. The market accounted for 0.064% of the region's GDP.The food ingredients market in Asia Pacific is supported by the hectic schedule of the consumers, lack of time for food preparation, and high work pressure. The market is also supported by rapid implementation of advanced technologies, development of innovative food ingredients and high investment in the market. For example, in March 2022, Creador, a Malaysia based private equity firm, acquired a significant minority stake in local food industry supplier Custom Food Ingredients.
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Global food ingredients market research report is one of a series of new reports from The Business Research Company that provides food ingredients market statistics, including food ingredients industry global market size, regional shares, competitors with a food ingredients market share, detailed food ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the food ingredients industry. This food ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The global food ingredients (acidulants) market is segmented into type, form, function, distribution channel, and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Citric Acid
- Sodium Citrate
- Potassium Citrate
- Acetic Acid
- Formic Acid
- Gluconic Acid
- Fumaric Acid
- Malic Acid
- Phosphoric Acid And Salts
- Tartaric Acid
- Lactic Acid
- Tannic Acid
- Succinic Acid
- Others
On the basis of type, the global food ingredients (acidulants) market is segmented into citric acid, sodium citrate, potassium citrate, acetic acid, formic acid, gluconic acid, malic acid, phosphoric acid and salts, tartaric acid, lactic acid, tannic, fumaric acid, succinic acid, and others.
Form
- Dry
- Liquid
On the basis of form, the global food ingredients (acidulants) market is segmented into dry and liquid.
Function
- pH control
- Acidic flavor enhancer
- Preservatives
- Others
On the basis of function, the global food ingredients (acidulants) market is segmented into pH control, acidic flavor enhancer, preservatives, and others.
Distribution Channel
- B2B
- B2C
On the basis of distribution channel, the global food ingredients (acidulants) market is segmented into B2B and B2C.
End-User
- Household/Retail
- Food Processing Sector
- Food Service Sector
Highlight of Table of Content:
· Chapter 1: Market overview
· Chapter 2: Global Food Ingredient Market analysis
· Chapter 3: Environment of Global Food Ingredient Market
· Chapter 4: Market segmentation based on types and applications
· Chapter 5: Revenue analysis based on types and applications
· Chapter 6: Market share
· Chapter 7: Competitive Landscape
· Chapter 8: Drivers, Restraints, Challenges, and Opportunities
· Chapter 9: Gross Margin and Price Analysis
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The major players covered in the food ingredient market report are DSM, Ingredion, Fonterra Co-operative Group Limited, Kerry, Glanbia PLC, Givaudan, Cargill, Incorporated, ADM, Sensient Technologies Corporation, Chr. Hansen Holding A/S, AngelYeast Co., Ltd., Arla Foods amba, Associated Milk Producers Inc., Bunge Limited, International Flavors & Fragrances Inc., Symrise, Robertet, Firmenich SA, Takasago International Corporation, MANE, T.HASEGAWA CO., LTD., Kemin Industries, Inc., Pellagic Food Ingredients Pvt. Ltd., MK Ingredients, DuPont and Nutra Food Ingredients among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately.
Profound Questions Answered in this Report:
· What is the growth rate of various stages in the value chain of the industry?
· Which region has the highest growth rate and size of the emerging market by value in 2022?
· Who are the competitive players in Global Food Ingredient Market?
· Which region has the largest share and degree of competition in the industry?
· What is the CAGR of the market during the forecast period 2022 to 2029?
· Which region is expected to hold the highest market share for the market?
· What is the main driver of the Global Food Ingredient Market?
· What is sales volume, revenue, and price analysis of top players of the market?
· What are the market opportunities and threats faced by the vendors in the industry?
· What has been the impact of COVID-19 on the Global Food Ingredient Market?
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