Press release
Food Ingredients Market Current Growth Analysis With Top Players: Koninklijke DSM, Ingredion, Kerry Group, Fonterra Co-operative Group, Bunge, Cargill, Associated Milk Producers
The global market for food ingredients is observing a noticeable surge in its valuation, thanks to the increasing urbanization and the heightened population density, coupled with the rise in the purchasing power of consumers that has led towards swift uptake of convenience food, thus resulting in a high demand for various food ingredi-ents across the world, says a researcher at PMR.The report profiles the leading companies operating in the global Food Ingredients market such as Koninklijke DSM, Ingredion, Kerry Group, Glanbia, Fonterra Co-operative Group, Givaudan, Bunge, Cargill, Associated Milk Producers, Archer Daniels Midland, Arla Foods amba, and AngelYeast. The degree of competition within this market is likely to remain high over the next few years, thanks to the participants competing over innovation and advancement in products, states the research report.
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According to PMR’s estimations, the global food ingredients market will report a rise at a healthy CAGR of 6.0% over the period from 2017 to 2022 and attain a value of US$400.0 bn by the end of the period of the forecast, reports the market study.
The increasing trade activities in the food and beverages sector across various economies, leading to an extensive rise in import and export of food ingredients, in a bid to main-tain the quality and enhance the shelf-life of food products, is also propelling this market considerably.
Going forward, the augmenting demand for natural food ingredients, owing to the increasing awareness regarding food-borne diseases among consumers is likely to boost this market in the near future. However, the frequent implementation of strict government regulations, together with the lengthy procedure of approval before the commercial introduction of products may create obstacles in the growth trajectory of this market over the forthcoming years, notes the research study.
By Product Type
• Starches
• Vegetable oils & fats
• Natural sweeteners
• Enzymes and antioxidants
• Natural flavorings and colors
• Functional Ingredients
• Other Products
By Function Type
• Bakery
• Chocolate and Confectionery
• Ready to Eat Foods
• Meat
• Frozen Foods
• Functional Foods
• Other Function Types
By Function
• Sweeteners
• Stabilizers and Thickeners, Binders, Texturizers
• Emulsifiers
• Flavors and Color additives
• Leavening Agents
• pH Control Agents and acidulants
• Nutrients
• Preservatives
• Fat Replacers
• Others
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North America, which stood second in 2016, is projected to retain its position in the near future. Europe is also expected to register lucrative opportunities for growth of the food ingredients market over the forthcoming years, thanks to the presence of a number of confectionary vendors and food processing companies in the U.K. and Germany, states the research report.
Among all the regional markets for food ingredients, Asia Pacific has acquired the leading position and is expected to remain the most promising market for food ingredients across the world. The presence of food processing industries in a large number is the main factor behind the dominance of Asia Pacific on the global market. In addition to this, the increasing focus of several leading players towards setting up their production bases in emerging Asian economies, such as Vietnam, India, and Thailand, on account of the presence of skilled yet low-cost workforce, is likely to propel this regional market over the next few years.
Table of Content:
2. Global Food Ingredients Market Overview
2.1. Introduction
2.1.1. Global Food Ingredients Market Taxonomy
2.1.2. Global Food Ingredients Market Definition
2.2. Global Food Ingredients Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Food Ingredients Market Y-o-Y Growth
3. Global Food Ingredients Market Analysis and Forecast By Product Type
3.1. Global Food Ingredients Market Size and Forecast By Product Type, 2012-2022
3.1.1. Starches Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Vegetable oils & fats Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
4. Global Food Ingredients Market Analysis and Forecast By Function Type
4.1. Global Food Ingredients Market Size and Forecast By Function Type, 2012-2022
4.1.1. Bakery Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
6. Global Food Ingredients Market Analysis and Forecast By Region
6.1. Global Food Ingredients Market Size and Forecast, 2012-2022
6.1.1. North America Food Ingredients Market Size and Forecast, 2012-2022
6.1.2. Latin America Food Ingredients Market Size and Forecast, 2012-2022
6.1.3. Europe Food Ingredients Market Size and Forecast, 2012-2022
7. North America Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
7.1. US Food Ingredients Market Size and Forecast, 2012-2022
7.1.1. Revenue (US$ Mn) Comparison, By Product Type
7.1.2. Revenue (US$ Mn) Comparison, By Function Type
7.1.3. Revenue (US$ Mn) Comparison, By Function
8. Latin America Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
8.1. Brazil Food Ingredients Market Size and Forecast, 2012-2022
8.2. Mexico Food Ingredients Market Size and Forecast, 2012-2022
8.3. Argentina Food Ingredients Market Size and Forecast, 2012-2022
9. Europe Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
9.1. Germany Food Ingredients Market Size and Forecast, 2012-2022
9.2. UK Food Ingredients Market Size and Forecast, 2012-2022
9.3. France Food Ingredients Market Size and Forecast, 2012-2022
10. Japan Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
10.1. Japan Food Ingredients Market Size and Forecast, 2012-2022
10.1.1. Revenue (US$ Mn) Comparison, By Product Type
10.1.2. Revenue (US$ Mn) Comparison, By Function Type
10.1.3. Revenue (US$ Mn) Comparison, By Function
11. APEJ Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
11.1. China Food Ingredients Market Size and Forecast, 2012-2022
11.1.1. Revenue (US$ Mn) Comparison, By Product Type
11.1.2. Revenue (US$ Mn) Comparison, By Function Type
11.1.3. Revenue (US$ Mn) Comparison, By Function
13. Global Food Ingredients Market Company Share, Competition Landscape and Company Profiles
13.1. Company Share Analysis
13.2. Competition Landscape
13.3. Company Profiles
13.3.1. Angel Yeast Co., Ltd.
13.3.2. Archer Daniels Midland Company
13.3.3. Aral Foods amber
13.3.4. Associated Milk Producers, Inc.
13.3.5. Bunge Limited
13.3.6. Cargill Inc.
13.3.7. Fonterra Co-operative Group Limited
13.3.8 Givaudan SA
13.3.9. Glanbia Plc
13.3.10. Ingredion Incorporated
13.3.11. Kerry Group Plc.
13.3.12. Koninklijke DSM N.V
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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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