New Exclusive Report on Food Ingredients Market 2019-2026 with Top Key Players like Stevia First Corporation, Hermes Sweeteners Ltd, Tate & Lyle Plc, Archer Daniels Midland, 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.

The major players in the market are 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
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
Europe
Asia Pacific
Latin America
Middle East & Africa

Further key findings from the report suggest:-

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.

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.

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 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.

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The study predicts what the future Food Ingredients Marketcan be expected to witness. The research also familiarizes product owners with immediate threats in the market, buyer's requirements, and the effective business strategies implemented by prominent industry players. The report aims to help both existing companies and new entrants not only prepare against the disruption but also see opportunities. In-depth examination of market trends, including the assessment of government bodies, financial organization, and other regulatory bodies. Starting with a macroeconomic outlook, the study performs a detailed examination of the sub-categories of the industry and the trends that have an impact on the business.

The research provides answers to the following key questions:

What will be the marketing and pricing strategies adopted by prominent vendors operating in the Food Ingredients Market for the forecast years from 2019 to 2026?

What are the new uses for the existing products or services and how have they contributed towards increasing the demand for products or services?

What are the general conditions prevailing and influencing the business environment of the Food Ingredients market?

Who are the key manufacturers venturing into new geographies to establish a lucrative market their products and services?

What will be the dynamics of the demand and supply and the requirements of the distribution channel across the globe in the near future?

What will be the market share of the Food Ingredients industry over the considered time periods?

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