Press release
Food Texture Market Revenue Research 2023- Global Industry Size, Outlook, Future Trends, Growth Opportunities, Demand Forecast 2032
Food Texture Market is valued at USD 12,252.9 Million in 2021 and is projected to reach a value of USD 16,326.4 Million by 2028, It is anticipated to exhibit a (CAGR) of 4.9% over the forecast period. The characteristics of a food that can be sensed with the tongue, fingers, palate, or teeth are referred to as its texture. Foods come in a variety of textures, like chewy chocolate chip cookies, crunchy celery, crisp crackers or potato chips, soft steaks, hard sweets, and sticky toffee, to mention a few. An additional indicator of food quality is texture. For a variety of reasons, food texture might alter while it is being preserved. Fruits and vegetables that lose water while being stored wilt or lose their turgor pressure, which makes the crisp apple tasteless and leathery on the outside. In storage, bread can become dry and stale, which is regarded a loss of textural quality.This market report details recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, and the impact of domestic and localised market players. It also analyses opportunities in terms of emerging revenue pockets, changes to market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographic trends.
One of the key factors fueling the growth of the market is the global upsurge in health consciousness. The preference for convenience or ready-to-eat foods over fresh foods is rising, and the market growth is accelerated by the usefulness of texturizing agents in new product lines and applications. The market is also influenced by the rising consumer demand for low-fat products, which is being fueled by low pricing, increasing demand due to widespread use of packaged goods, and cola drinks. Additionally, the market is positively impacted by the rise in the demand for functional foods, increase in disposable income, change in consumer lifestyle, and increased awareness of health and wellbeing.
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Global Food Texture Market: Major Players
Archer Daniels Midland Co.
Cp Kelco
Estelle Chemicals
FMC Corporation
E.I. Dupont De Nemours & Company
Cargill Inc
Asland Inc.
Ajinomoto Co. Inc
Global Food Texture Market: By Types
Thickening Agents
Gelling Agents
Emulsifying Agents
Stabilizing Agents
Other Agents
Global Food Texture Market: By Applications
Bakery Products
Dairy Products
Meat & Poultry Products
Beverages Products
Snacks Products
Others
Global Food Texture Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Food Texture market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Market Dynamics:
The market is expanding mostly as a result of changing consumer habits and an increase in urban population brought on by rising disposable income. Since there has been less time to prepare meals recently due to an increase in the number of workers, eating high-quality foods is essential for maintaining excellent health. Additionally, consumers in industrialised nations are placing more and more value on convenience meals.
Particularly among working professionals and students, these items are growing in popularity. Consumers in industrialised countries favour ready-to-eat or convenient products over fresh ones, which supports the frozen food production industry. Consumers in the US are willing to pay more, 56% of them, for prepared meals with clean labels. As a result of the rising demand for convenience and ready-to-eat foods, the global market for food texture is anticipated to expand over the forecast period.
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Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
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