Press release
Food Inclusions Market Estimated to Expand at a Robust CAGR of 5.7% over 2021-2028
The food inclusions market was valued at US$ 11,695.54 million in 2020 and is projected to reach US$ 18,055.32 million by 2028; it is expected to grow at a CAGR of 5.7% from 2021 to 2028.Food inclusions are ingredients that are added to food in order to improve its texture or organoleptic properties. They can also enhance the sensory qualities of food products. Food inclusions are additional food ingredients that give value to food items. They are becoming more popular since they can impart any desired flavor and texture, increasing the appeal of food products. Food inclusions that help impart health advantages to products are becoming more popular.
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Top Key Players:- ADM; AGRANA BETEILIGUNGS-AG; Barry Callebaut; Cargill, Incorporated; Georgia Nut Company; Kerry Group PLC; Puratos; Sensient Technologies; Taura Natural Ingredients LTD; and Meadow Foods
Food inclusions find vast applications in dairy and frozen desserts, bakery products, breakfast cereals, chocolate and confectionery products, and many others. In the bakery segment, food inclusions have been in use for a long period to enhance the sensory properties, texture, aesthetics, and provide indulgence. Further, many of food inclusions are rich in proteins, essential fatty acids, vitamins, and fiber. Tree nuts, dried fruits, spices, herbs, exotics fruits, cocoa nibs, chocolate, etc., are the majorly used inclusions in bakery products.
The report includes the segmentation of the Global Food Inclusions Market as follows:
Food Inclusions Market, by Type
• Chocolates
• Fruit and Nuts
• Flavored Sugar and Caramels
Food Inclusions Market, by Form
• Solid
• Semi- Solid
Food Inclusions Market, by Application
• Dairy and Frozen Desserts
• Bakery Products
• Breakfast Cereals
• Chocolate and Confectionery Products
• Others
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Impact of COVID-19 Pandemic on Food Inclusions Market
The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and shutdown of production facilities. The food & beverage industry is one of the significant sectors suffering from severe disruptions such as supply chain breaks, shutdown of production plants, etc., because of this outbreak. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various food & beverage ingredients.
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