Press release
Specialty Food Ingredients Global Market 2025: Expect Strong Growth to $186.16 Billion at a CAGR of 7.2%
The Specialty Food Ingredients Market is projected to witness impressive growth and diversification driven by changing consumer preferences, innovations and trends in the food and beverage industry.What Is The Projected Market Size Of The Specialty Food Ingredients Global Market By 2025 And Its Growth Rate?
• The specialty food ingredients market size has grown strongly in recent years, reaching $173.73 billion in 2024.
• It is projected to grow to $186.16 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%.
• The growth in the forecast period can be attributed to rising demand for plant-based alternatives, focus on sustainable and ethical sourcing, innovation in functional foods, customization and personalization in food, and expansion of the convenience food sector.
• The market is expected to see strong growth in the next few years, reaching $261.92 billion in 2029 at a CAGR of 8.9%.
What Is Driving The Growth In The Specialty Food Ingredients Global Market Report 2025?
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, according to the Organic Trade Association (OTA), organic food sales in the United States reached $61.7 billion in 2022, growing by 4.3% from $59.1 billion in 2021 and surpassing the $60 billion mark for the first time. This rising consumption of healthy products is expected to propel the growth of the specialty food ingredients market going forward.
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Who Are the Key Players Driving Specialty Food Ingredients Global Market Report 2025 Growth?
Major companies in the specialty food ingredients market include:
• 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
• And others
What Are The Key Trends In The Specialty Food Ingredients Global Market Report 2025?
Major trends in the forecast period include
• Growth in functional and fortified ingredients
• Expansion of exotic and global flavor offerings
• Incorporation of clean meat and cultured ingredients
• Focus on texture and mouthfeel enhancers
• Development of customized and tailor-made solutions
What Are The Segments Of The Global Specialty Food Ingredients Global Market Report 2025?
The specialty food ingredients market is segmented by:
• Type: Functional Food Ingredients, Sugar Substitutes, F And B Starter Culture, Specialty Starches, Enzymes, Emulsifiers, Preservatives, Other Types
• Distribution Channel: Direct Sales, Indirect Sales
• Application: Beverages, Sauces, Dressings And Condiments, Bakery, Dairy, Confectionary, Other Applications
Which Region Leads The Specialty Food Ingredients Global Market Report 2025?
North America was the largest region in the specialty food ingredients market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the coming years. The regions covered in the specialty food ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Specialty Food Ingredients Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Specialty Food Ingredients Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Specialty Food Ingredients Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Specialty Food Ingredients Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Specialty Food Ingredients Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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