Latest Research on Food Ingredients Market 2019 with CAGR 7.8% | Key Players Kerry Group, Cargill Inc., Corbion Purac, Stevia First Corporation, etc.

The Food Ingredients Market is forecasted to grow from USD 33.67 billion in 2018 to USD 63.11 billion by 2026, at a CAGR of 7.8%, during the forecast period. A rapidly rising population and higher urbanization have boosted global demand for processed food products, driving food demand.

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Rapid urbanization and rising population density with their growing purchasing power has led to rapid adoption of convenience foods, leading to demand for different food ingredients. Consumers are becoming more health - conscious and demanding for natural food ingredients with the increase in foodborne diseases. Over the past decade, the number of women in the workforce has seen a tremendous surge in demand for ready - to - eat foods.

In market segmentation by manufacturers, the report covers the following companies:- Kerry Group (Ireland), Cargill Inc. (US), Corbion Purac (Netherlands), Stevia First Corporation (US), Hermes Sweeteners Ltd (Switzerland), Tate & Lyle Plc (UK), Archer Daniels Midland (US), Riken Vitamin (Japan), Palsgaard (Denmark) and Dupont- Danisco (Denmark).

The market for Japan is forecasted to reach USD 21.14 million in revenue in 2026. Europe's market will record a lower CAGR than Asia Pacific's market, but by 2026-end it will account for comparatively larger revenues. By 2026, the Middle East and Africa (MEA) will register a relatively slower expansion on the global market for food ingredients.

Segments covered in the report:
This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2019 to 2026. For the purpose of this study, Reports and Data have segmented the market on the basis of type, applications and regional analysis.

Type (Kilo Tons and Revenue, USD Million; 2019-2026)
Preservatives:-
Natural Antioxidants
Sorbates
Benzonates
Others
Sweeteners:-
Bulk Sweeteners
Sugar Substitutes
Emulsifiers
Anti-Caking
Enzymes
Hydrocolloids
Food Flavors and Enhancers
Food Colorants
Acidulants

Application (Kilo Tons and Revenue, USD Million; 2019-2026)
Beverages
Bakery
Meat and Meat Products
Dairy Products
Others

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Region (Kilo Tons and Revenue, USD Million; 2019-2026)

North America (US, Canada)
Europe (Germany, France, UK, Italy, Spain, Rest of the Europe)
Asia Pacific (China, India, Japan, Rest of Asia Pacific)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa

Further key findings from the report suggest

The bakery segment is expected to reach USD 20.16 Billion in 2026, at a CAGR of 8.63%. Whereas the market for meat and meat products is expected to grow the third highest and is expected to reach USD 11.34 Billion in 2026, at a CAGR of 7.03%.

The Food Ingredients Market is forecasted to grow from USD 33.67 billion in 2018 to USD 63.11 billion by 2026, at a CAGR of 7.8%, during the forecast period. A rapidly rising population and higher urbanization have boosted global demand for processed food products, driving food demand.

The market for Asia Pacific (APAC) is expected to reach USD 20.79 Billion in 2026, at a CAGR of 9.97%. Developing regions are the fastest growing consumer of food enzymes as their per capita income increases the demand for packaged food.

Europe is the world's second-largest consumer and producer of food enzymes, and is expected to hold ~28% of the global market share in 2026. North America is expected to see the highest growth rate of 10.12% on the market for enzymes due to changing consumer lifestyles and increased nutritional awareness.

In 2018, the market for enzymes was valued at USD 3.17 Billion, while in 2018 the market for preservatives was valued at USD 3.41 Billion. Within hydrocolloids, a CAGR of 7.76% during the forecast period is expected to occur in the natural antioxidants segment.

There are 15 Chapters to display the Global Food Ingredients Market:

Chapter 1: Definition, Specifications, and Classification of Food Ingredients, Applications of Food Ingredients, Market Segment by Regions;

Chapter 2: Manufacturing Cost Structure, Feedstock Suppliers, Manufacturing Process, Value Chain Structure;

Chapter 3: Technical Data and Production Plants Analysis of Food Ingredients, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D, Technological Advancement, and Raw Materials Sources;

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Chapter 4: Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);

Chapters 5 and 6: Regional Landscape that includes the United States, China, Europe, Japan, Korea & Taiwan, Food Ingredients Segment Market Analysis (by Type);

Chapters 7 and 8: The Food Ingredients Segment Market Analysis (by Application), Profiling of Major Manufacturers of Food Ingredients;

Chapter 9: Growth Trend Analysis, Regional Analysis, Market Analysis by Product Type, Market Analysis by Application;

Chapter 10: Regional Marketing Type Analysis, Global Trade Type Analysis, Supply Chain Analysis;

Chapter 11: Assessment of the consumer base of the Global Food Ingredients Market;

Chapter 12: Food Ingredients sales channel, distributors, traders, suppliers;

Chapters 13, 14 and 15: Food Ingredients Research Findings and Conclusion, Appendix, Research Methodology, and Sources of data collection.

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