Food Ingredients Market 2021 Demand and Growth Analysis - Kerry Group, Cargill Inc., Archer Daniels Midland, Stevia First Corporation, Hermes Sweeteners Ltd

The “Food Ingredients Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.

The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Food Ingredients market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.

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https://www.marketinsightsreports.com/reports/11103735658/food-ingredients-global-market-report-2021-covid-19-growth-and-change-including-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-covering-kerry-group-cargill-inc-archer-daniels-midland-stevia-first-corporation-hermes-sweeteners-ltd/inquiry?Mode=28                

The study includes market share analysis and profiles of players such as 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.

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 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 market is expected to reach $59.83 billion in 2025 at a CAGR of 8.7%.

Market Overview:

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.

North America was the largest region in the food ingredients market in 2020. Europe was the second-largest market in the food ingredients market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The introduction to technologically advanced solutions is an emerging trend in the food ingredients market. Major food ingredients firms are concentrating on developing innovative solutions for food ingredients to provide global food industries with next-generation alternative proteins and other ingredients. For instance, in February 2019, Motif Ingredients, a US-based food ingredients company is leveraging biotechnology to develop unique food solutions that provide consumers more options without sacrificing taste or nutrition.

In June 2021, Kerry Group, an Ireland-based food company offering food and beverage ingredients acquired Niacet for $1,011.80 million (853 million). Through this acquisition, Kerry integrated Niacet into its global food protection and preservation platform, enhancing its food protection, food ingredient, and preservation strategy to offer new products and technologies in a broader market. Niacet is a US-based company that offers food ingredients.

The increase in the awareness of fitness among people and the growing number of health-conscious consumers are expected to drive the market for food ingredients during the forecast period. Consumers are incorporating bioactive food ingredients such as omega-3 fatty acids, antioxidants, probiotics, soy protein, and beta-carotene into their meals to maintain good health. According to International Food Information Council’s (IFIC) 2020 Food and Health Survey, 8 out of 10 American consumers have changed their eating or food preparation habits as a result of COVID-19. Furthermore, according to the 2021 survey by Moneydasher, in the USA and Europe, health-conscious shoppers cover 25-30% of all supermarket buyers.

The countries covered in the Food Ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/11103735658/food-ingredients-global-market-report-2021-covid-19-growth-and-change-including-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-covering-kerry-group-cargill-inc-archer-daniels-midland-stevia-first-corporation-hermes-sweeteners-ltd?Mode=28               

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Food Ingredients market.

The study objectives of this report are:

To study and analyze the global Food Ingredients size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2024, and forecast to 2025.
To understand the structure of Food Ingredients by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Food Ingredients manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Food Ingredients with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Food Ingredients submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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