Specialty Food Ingredients Market Current Trends and Future Estimations to 2027

The global specialty food ingredients market was valued at USD 148.2 billion in 2022 and is projected to reach USD 196.2 billion by 2027, recording a CAGR of 5.8% during the forecast period.

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Acidulants are food additives used to enhance the taste of various food products. The increasing demand for processed food and beverages has led to a surge in the demand for acidulants. Beverage acidulants are used in soft drinks, dairy products, and energy drinks, while food acidulants are used in sauces, dressings, confectionery, bakery, and meat, poultry, and seafood products. This article will discuss acidulants, their market demand, and their application in the food and beverage industry.

Acidulants are compounds that provide a sour or acidic taste to food products. They act as acidity regulators, preservatives, and flavor enhancers. Acidulants are widely used in the food and beverage industry to improve the sensory characteristics of food products.

The increasing demand for processed food and beverages has led to a surge in the demand for acidulants. The global beverage acidulants market is expected to grow due to the rising popularity of energy drinks. Based on application, the acidulants market has been segmented into beverages and food products. The confectionery sector is witnessing an increased demand for acidulants, especially gummy candy formulations made with gelling acidulant that offers optimal gelling activity and controls the set time.

Natural colors are in demand for their health benefits and imparting color. The increasing demand for natural food colors by consumers in different regions has led manufacturers to use natural food colors as a substitute for synthetic colors. The demand for natural food colors over synthetic food colors is increasing due to the growing consumer awareness of consumers about clean-label products, the health hazards associated with synthetic colors, and the health benefits achieved by using natural food colors. Dairy, sugar, gum confectionery, and desserts & ice cream are the leading sectors for utilizing natural colors.

The encapsulation technique used for food flavor to provide taste and color to food & beverages has become popular. The microencapsulation process provides an entirely new flavor and color to food and beverage options. This also provides new growth potential to the manufacturers in the flavors market.

The growing demand for clean-label and natural ingredients is likely to drive the use of enzymes in food applications. The US holds the largest market for enzymes in North America. The increasing demand for processed foods, owing to food retail chains and convenience, will aid in increasing demand for enzyme applications in the region.

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Acidulants play a crucial role in the food and beverage industry as flavor enhancers and acidity regulators. The increasing demand for processed food and beverages has led to a surge in the demand for acidulants. The demand for natural food colors over synthetic food colors is increasing due to the growing consumer awareness of clean-label products. The encapsulation technique is popular in the food and beverage industry for providing new flavors and colors to food products. The use of enzymes in food applications is likely to increase due to the growing demand for natural and clean-label ingredients.

The key players in this market include Cargill Incorporated (US), ADM (US), DuPont (US), Ingredion (US), Kerry Group (Ireland), DSM (Netherlands), Chr. Hansen (Denmark), Sensient technology corporation (US), Tate & Lyle (UK), Givaudan (Switzerland), Biocatalysts (UK), Omega Protein (US), Enzyme Supplies (UK), FDL Ltd (UK), Nutriati (US), Crespel & Dieters (Germany), Axiom Food (US), Amano Enzymes (Japan), Amco proteins (US), and Aminola (Netherlands).

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