Press release
Global Food Ingredients Market 2021: SWOT Analysis of Key Driving Factors for Growing CAGR Value
‘Food Ingredients Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the food ingredients industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The countries covered in the global food ingredients market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global food ingredients market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The food ingredients market consists of food ingredients sales by entities (organizations, sole proprietorships, and partnerships) that produce food ingredients that are added to food to improve taste, texture, and appearance. Food additives are substances applied to foods to achieve specific technical or functional goals during production, storage, or packaging. Food ingredients are used to improve safety and freshness and maintain the nutritional value of the food.
The global food ingredients market is expected to grow from $38.86 billion in 2020 to $42.88 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. The growth in the food ingredients market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The food ingredients market is expected to reach $59.83 billion in 2025 at a CAGR of 8.7%.
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Global food ingredients market segmentation in tbrc’s report is:
1) By Product Type: Starches, Vegetable Oils And Fats, Natural Sweeteners, Enzymes And Antioxidants, Natural Flavorings And Colours, Functional Ingredients, Others
2) By Function: Sweeteners, Emulsifier, Flavors And Color Additives, Preservatives, Fat Replacers, Nutrients, Stabilizers, Thickeners, Binders, And Texturizers, pH Control Agents And Acidulants, Others
3) By Application: Pharmaceuticals, Food And Beverages, Animal Feed, Others
Major players in the food ingredients market are Kerry Group, Cargill Inc., Archer Daniels Midland, Stevia First Corporation, Hermes Sweeteners Ltd, Riken Vitamin, Koninklijke DSM N.V, Palsgaard, Danisco, Angel Yeast Co. Ltd., Aral Foods amber, Bunge Limited, Glanbia Plc, Ingredion Incorporated, and Corbion Purac.
Need More? Read Further On The Food Ingredients Market Here:
https://www.thebusinessresearchcompany.com/report/food-ingredients-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Food Ingredients Market Characteristics
3. Food Ingredients Market Trends And Strategies
4. Impact Of COVID-19 On Food Ingredients
5. Food Ingredients Market Size And Growth
.....
26. Africa Food Ingredients Market
27. Food Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Food Ingredients Market
29. Food Ingredients Market Future Outlook and Potential Analysis
30. Appendix
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