Synthetic Food Market Current and Future Industry Trends, 2017 – 2024

The “Synthetic Food Market” Report provides a complete decision-making overview including definition, product specifications, market gains, key geographic regions and imminent Synthetic Food (FDE) industry peers for 2017-2024.

Shifting consumer lifestyle, including eating preferences due to ongoing urbanization across the globe is a major factor contributing to the synthetic food market expansion. Several artificially engineered ingredients provide better flavors & textures along with nutritional and healthy content in the meals. Rising consumer inclination towards processed and ready-to-eat products with ensuring nutrition, safety and quality will propel product demand.

Legislative amendments by international and regional organizations, including FSSAI, FDA, EFSA, JTAFS, FSANZ and CFIA to encourage product application will boost synthetic food market growth. These guidelines effectively permit manufacturers to directly add artificial ingredients as seasonings and indirectly in vinegar and salt.

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Urban synthetic food market benefit from easier access to consumer base, lower distribution costs, and proximity to diverse technologies including IT and waste treatment facilities. These ingredients are precisely added in vegetable dyes, inorganic pigments, potato skins, sausage casings, gelatin desserts and powdered drink mix to provide high quality meals. Furthermore, better availability of raw materials, improved packaging and equipment and the presence of highly trained manufacturers will stimulate synthetic food market expansion.

Hydrocolloids will depict 5% CAGR up to 2024. Increasing ingredient requirement as an additive enhancing texture, viscosity, stability and physical appearance of the meals will stimulate product demand. Some of the most common artificial hydrocolloid comprises carboxymethyl cellulose, guar gum, carrageenan, gelatin, locust bean gum and alginates.

Flavor & fragrances accounted for over 45% synthetic food sales in 2016. Increasing demand for providing significant features in numerous consumer goods including cinnamon aroma of pumpkin lattes and cherry taste of cherry cola will boost synthetic food market share. Moreover, enhanced non-reactive formulations as compared to natural scents is the major advantage stimulating product penetration.

Beverages applications from flavor & fragrances is expected to generate worth over USD 3 billion by 2024. Increasing consumption of numerous beverages including juices, coffee, tea, soda, aerated drinks and mineral waters will enhance demand in this segment. Most of the manufacturers have started developing ?good-for-you? healthy beverage lines by shifting towards artificial sweetener usage.

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Table of Contents:

Chapter 1. Methodology & Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Definitions & forecast parameters

1.2. Data sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Synthetic food industry 360 degree synopsis, 2013 -2024

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Application trends

2.1.4. Regional trends

Chapter 3. Synthetic Food Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Distribution channel analysis

3.3.2. Profit margin trends

3.3.3. Vendor matrix

3.3.3.1. Role

3.3.3.2. Product portfolio

3.3.3.3. Global presence

3.4. Technology landscape

3.5. Raw material trends

3.6. Industry best practices & key buying criteria

3.7. Regulatory landscape

3.7.1.1. North America

3.7.1.2. Europe

3.7.1.3. Asia Pacific

3.7.1.4. Latin America

3.7.1.5. MEA

3.8. Pricing analysis

3.8.1. Regional pricing

3.8.1.1. North America

3.8.1.2. Europe

3.8.1.3. Asia Pacific

3.8.1.4. Latin America

3.8.1.5. MEA

3.8.2. Cost structure analysis

3.9. Industry impact forces

3.9.1. Growth drivers, by region

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