Specialty Food Ingredients Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 |Cargill Incorporated, Archer Daniels Midland Company, BASF SE, Brenntag AG, Evonik Industries AG, International Flavors & Fragrances Inc., Ajinomoto

As per the report, the specialty food ingredients market size has grown strongly in recent years. It will grow from $162.12 billion in 2023 to $173.73 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The specialty food ingredients market size is expected to see strong growth in the next few years. It will grow to $239.2 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=6049&type=smp

Rising Demand For Healthy Products Enhance Specialty Food Ingredients Market Growth
The rising consumption of healthy products is driving the growth of the specialty food ingredients market. With a growing demand for healthy food options, the number of health-conscious customers is steadily increasing. Sustainable and healthy diets are predicted to improve gastrointestinal health, cholesterol control, bone strength, and other health issues among the worldwide population. Specialty food components are used to preserve, color, emulsify, texture, and improve the nutritional value of foods. For instance, in September 2023, according to a report published by the CSIRO, a US-based government agency, Australians got to meet the Australian Dietary Guidelines with beverages, achieving a score of 93 out of 100. Therefore, the rising consumption of healthy products is expected to propel the growth of the specialty food ingredients market going forward.

Innovations For Clean Label Sugar Substitutes Transform Specialty Food Ingredients Market Growth
Product innovations are a key trend gaining popularity in the specialty food ingredients market. Major players operating in the specialty food ingredients sector are focused on product innovations to meet consumer demand for sugar substitutes. For instance, in August 2023, Vantage Specialty Chemicals, a US-based specialty chemical company, launched a SIMPLY KAKE emulsifier. This innovation serves as an alternative to standard baking aids. It has been specifically designed to support the clean label goals of food manufacturers while achieving taller, lighter, and uniformly baked cakes and sweet products. The SIMPLY KAKE emulsifier provides the same baking advantages and outcomes as traditional hydrated emulsifiers without the complexities associated with working with enzymes, which are sensitive to processing and have a short shelf life. This innovation ensures excellent operational adaptability and the capacity to enhance cake volume while maintaining a consistently even crumb structure.

The specialty food ingredients market covered in this report is segmented -

1) By Type: Functional Food Ingredients, Sugar Substitutes, F&B Starter Culture, Specialty Starches, Enzymes, Emulsifiers, Preservatives, Other Types
2) By Distribution Channel: Direct Sales, Indirect Sales
3) By Application: Beverages, Sauces, Dressings And Condiments, Bakery, Dairy, Confectionary, Other Applications

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=6049&type=discount

Major companies operating in the specialty food ingredients market report are Cargill Incorporated, Archer Daniels Midland Company, BASF SE, Brenntag AG, Evonik Industries AG, International Flavors & Fragrances Inc., Ajinomoto Co Inc., Kerry Group plc, Koninklijke DSM NV, Ingredion Incorporated, Givaudan SA, Lonza Group AG, Firmenich International SA, Symrise AG, DuPont Nutrition & Biosciences, Dohler GmbH, Novozymes A/S, Ashland Global Holdings Inc., Tate & Lyle plc, Corbion NV, Chr. Hansen Holding A/S, Sensient Technologies Corporation, Balchem Corporation, Naturex SA, Kemin Industries Inc., Frutarom Industries Ltd., Kalsec Inc., Amano Enzyme Inc., Axiom Foods Inc., Crespel & Dieters GmbH & Co KG, FMC Corporation, Wacker Chemie AG, Kewpie Corporation, AAK AB, Rousselot BV, CP Kelco U.S. Inc.

Contents of the report:
1. Executive Summary
2. Specialty Food Ingredients Market Report Structure
3. Specialty Food Ingredients Market Trends And Strategies
4. Specialty Food Ingredients Market - Macro Economic Scenario
5. Specialty Food Ingredients Market Size And Growth
…..
27. Specialty Food Ingredients Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/specialty-food-ingredients-global-market-report

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.