Specialty Food Ingredients Market: Which Way is Up and How Does It Work? Get Complete Facts about market Giants like: Kerry Groups, DuPont, Cargill, ADM, DSM, Givaudan Flavors, Firmenich, Symrise, Ingredion, Tate & Lyle and other

Specialty Food Ingredients refer to the raw material of food which added in a small amount. In our report Specialty Food Ingredients include Flavors and Colors, Texturants, Functional Food Ingredient, Sweeteners, Preservative and Enzymes etc.
The Global Speciality Food Ingredients Market is forecasted to reach USD 72.4 billion by 2024 growing at a CAGR of 5.10% during the forecast period (2019 - 2024).

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The industry for speciality food ingredients essentially thrives on the wider technological and functional benefits that these ingredients confer, in terms of high quality, safety, affordability, nutrition, and deliciousness of the processed food products. The preference for certain types of food products is now core to some consumers’ identities, especially in developed economies, which is driving the demand of speciality food ingredients. There is strong correlation between the speciality food ingredient market and the processed food market, with the former conferring functional benefits and customized value-addition as per the end-user applications.The globally recognized companies operating in specialty food ingredients market utilize smart technology or intellectual property to develop innovative ingredients and solutions. However, the new product development is a highly capital-intensive process.

The global Specialty Food Ingredients industry has a rather high concentration. The major manufacturers are concentrated in North America, China, Europe Southeast Asia, India and Latin America, such as Kerry Groups, DuPont, Cargill, ADM and DSM. At present, Kerry Groups is the world leader, holding 7.29% production market share in 2016.
Specialty Food Ingredients downstream is wide and recently Specialty Food Ingredients has acquired increasing significance in various fields of Beverages, Sauces, dressings and condiments, Bakery, Dairy, Confectionary and others. Globally, the Specialty Food Ingredients market is mainly driven by growing demand for Beverages and Sauces, dressings and condiments. Beverages and Sauces, dressings and condiments accounts for nearly 35.00% of total downstream consumption of Specialty Food Ingredients in global.
This report focuses on the Specialty Food Ingredients in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Kerry Groups, DuPont, Cargill, ADM, DSM, Givaudan Flavors, Firmenich, Symrise, Ingredion, Tate & Lyle, CHR. Hansen, IFF, BASF, Takasago, Novozymes

Market Segment by Type, covers
Flavors and Colors
Texturants
Functional Food Ingredient
Sweeteners
Preservative
Enzymes
Others

Market Segment by Applications, can be divided into
Beverages
Sauces, dressings and condiments
Bakery
Dairy
Confectionary
Others

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