Food Processing Ingredients Market Poised to Garner Maximum Revenues By 2028

The food processing industry across the globe is rapidly rising with changing demographics, increasing demand for branded and convenience food products, growing trend towards clean label products and other factors. Processed food products include, range of minimally processed food products to complex food preparations that combine a wide array of food processing ingredients. Increasing demand for processed food products along with increasing consumers spending on-the go food products is the prime factor creating market growth for food processing ingredients in the near future. Food processing ingredients covers ingredient such as, emulsifiers, flavors, spices, enzymes, proteins, preservatives and others. Asia pacific is one of the fastest growing region with increasing demand for packaged food products with India being one of the largest exporter. Changing lifestyle, increasing working women’s and increasing consumption of ready to eat food products in urban areas is pushing the market for food processing products, ultimately the market for food processing ingredients.

Reasons for Covering this Title

Processing of food products is essential to increase their shelf life and deliver required nutrition thus, improving overall performance. Processed food products such as meat and seafood products, dairy products, beverages and others are less susceptible to spoilage due to presence of various food processing ingredients and hence, are consumed on a larger extent among working population. Expanding global population, changing dietary habits, increasing dependency on ready to eat food products with functional benefits is expected to result in escalated, market revenues on global food processing ingredients market. Furthermore, increasing efforts by manufacturers to fortify food products with essential ingredient is increasing due to their associated health benefits which has been pushing the market revenue generation in global food processing ingredients market in the near future.

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Global Food Processing Ingredients: Market Segmentation

On the basis of nature, the global food processing ingredients market has been segmented as –

Natural/Organic
Synthetic

On the basis of ingredient type, the global Food Processing Ingredients market has been segmented as–

Proteins
Minerals
Vitamins
Antioxidants
Enzymes
Coloring Agents
Sweeteners

On the basis of application, the global food processing ingredients market has been segmented as –

Cereal Products
Bakery and Confectionary
Dairy Products
Meat and Sea Food Products
Beverages
Others

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Global Food Processing Ingredients Market: Key Players

Some of the key players operating in the global food processing ingredients market are, Cargill, Inc., Arla Foods amba, E. I. Du Pont De Nemours and Company,Kerry Group, Corbion N.V., Archer Daniels Midland Company, BASF SE, Tate & Lyle Public Limited Company, Dairy Crest Group PLC,Koninklijke DSM N.V., Global Specialty Ingredients (M) Sdn. Bhd., Excellent Health Products Co., Ltd (EHP), Excellent Health Products Co., Ltd (EHP) among others.

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This release was published on openPR.