Press release
Revolutionizing the Culinary Landscape - Food Rheology Modifiers Market Set to Flourish, Expected to Exceed $23.60 Billion by 2030
According to Next Move Strategy Consulting, the global food rheology modifiers market size is anticipated to surpass $23.60 billion by 2030 reflecting a CAGR of 3.5% during the forecast period till 2030. This surge is attributed to evolving consumer preferences, advancements in food technology, and the quest for enhanced sensory experiences in the gastronomic realm.Market Overview:
The food rheology modifiers market is witnessing substantial growth, propelled by the evolving demands and preferences of consumers, coupled with advancements in food processing technologies. Rheology modifiers play a pivotal role in enhancing the texture, stability, and overall sensory experience of food products, meeting the dynamic needs of both consumers and the food industry.
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Key Market Drivers:
1. Consumer Preferences for Textural Excellence: As consumers become more discerning about the texture of their food, there is a growing demand for rheology modifiers that can enhance the overall mouthfeel and consistency of various food products.
2. Innovation in Food Processing: The food industry is experiencing a surge in innovation, with manufacturers seeking advanced solutions to improve the processing and stability of diverse products. Rheology modifiers are instrumental in achieving the desired texture and shelf life, contributing to the market's growth.
3. Functional Benefits in Health-conscious Products: With the rise of health-conscious consumers, there is an increasing adoption of rheology modifiers in the production of functional foods, catering to specific dietary requirements and preferences.
Market Segmentation:
The food rheology modifiers market includes various segments, including:
Type: Based on type, the market is segmented into emulsifiers, anti-caking agents, hydrocolloids, and others.
Source: Based on source, the market is divided into botanical, microbial, animal, seaweed, and synthetic.
Application: Based on application, the market is classified into dairy & frozen products, beverages, confectionery, meat, poultry & seafood, oils & fats, and others.
Geographical Regions: Based on region, the market is analysed into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
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Outlook and Future Prospects:
Busy lifestyles and time-starved consumers are driving a surge in ready meals and convenience foods. To keep these products appealing, manufacturers are turning to food rheology modifiers. These clever ingredients enhance texture, mouthfeel, and crucially, shelf life. The result? Ready meals that taste fresh, hold their shape and stay edible for longer. This innovation is creating a goldmine of opportunities shortly. Expect a boom in demand for these modifiers, as companies scramble to satisfy the growing appetite for convenient, high-quality food.
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While the convenience and quality improvements offered by food rheology modifiers are undeniable, their market growth faces two major hurdles. Firstly, stringent government regulations restrict the types and amounts of additives allowed in food, making it harder for new rheology modifiers to gain approval. Secondly, sourcing the raw materials for these modifiers can be unreliable, with supply shortages driving up costs and limiting production. These roadblocks put the brakes on market expansion, despite the continued demand for rheology modifiers in ready-to-eat meals and other processed foods.
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Regional Dominance:
North America holds the dominant share of the food rheology modifiers market and is expected to continue its dominance during the forecast period. This is attributed to factors such as the high consumption of frozen products such as bread, pizzas, donuts, and muffin that uses hydrocolloids to improve texture and moisture retention to enhance the overall quality of the backed products. According to the American Frozen Food Institute (AFFI), frozen food sales in the U.S. have been on the rise in recent years, with a notable 8.6% increase in 2022, reaching a total of USD 72.2 billion.
On the other hand, the Asia Pacific region is poised to witness steady growth in the food rheology modifiers market, primarily due to its large population in countries such as China and India. The significant population size in these countries drives the consumption of various beverages, including carbonated drinks and dairy beverages. These beverages utilize food rheology modifiers such as gelatin and gum arabic to enhance their flavor and texture, thereby contributing to the market's expansion.
Competitive Landscape:
The food rheology modifiers market comprises various market players such as Cargill, Ingredion Inc., DuPont de Nemours Inc., CP Kelco, Darling Ingredients, Archer Daniels Midland Company (ADM), Tate & Lyle Plc., Palsgaad A/S., Koninklijke DSM N.V., and Ashland Global Holdings Inc., among others. These market players are introducing the latest products across various regions to maintain their dominance in the food rheology modifiers market.
For instance, in March 2022, CP Kelco launched a line of multifunctional ingredients for plant-based burgers and sausages, including clean-label gellan gum that adds a hot bite and meat-like texture. Also, it is easy to work with and produces a less sticky dough, making it ideal for forming burger patties. Gellan gum is also widely used in plant-based and dairy alternative beverages.
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Next Move Strategy Consulting
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About Us:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider committed to delivering high-quality market research reports. We assist multinational companies in gaining a competitive edge and expanding their industry presence by capturing a larger market share. Our research methodology combines primary research, secondary research, data mining, and data analytics to deliver reliable insights.
Over a decade, we have served over 1,000 global customers, including 90% of Fortune 500 companies. Our analysts constantly monitor high-growth markets and uncover hidden opportunities in various sectors. We offer top-quality syndicated and custom research reports across ten different industry verticals, catering to your unique business needs. Our industry-standard delivery solutions, from pre-consultation to after-sales services, ensure an exceptional client experience and support informed strategic decision-making.
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