Food Texture Market Challenges and Solutions for Price-Sensitive Markets

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Food Texture Market - (By Type (Cellulose Derivatives, Gums, Pectin, Gelatin, Starch, Inulin, Dextrin), By Form (Dry, Liquid), By Application (Bakery & Confectionery Products, Dairy & Frozen Foods)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Food Texture Market is valued at USD 14.16 Bn in 2023, and it is expected to reach USD 22.67 Bn by the year 2031, with a CAGR of 6.25% during the forecast period of 2024-2031.

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The integration of texture-enhancing agents in food products serves to both prolong shelf life and enhance visual appeal. Emulsifiers are increasingly being utilized to replace various additives, leading to a reduction in the overall fat content of food items. Food manufacturers are increasingly adopting emulsifiers in processed foods due to their role in lowering harmful cholesterol levels. The growing demand for convenient meal options, driven by globalization and changing consumer lifestyles, positions the global food texture agents market for substantial growth. The increasing preference for ready-to-eat products, particularly in developed economies, is accelerating this trend. Moreover, rising health awareness among consumers worldwide is fueling the demand for improved food textures. In addition to their functional benefits, the expanding use of texturizing agents in new product lines and formulations further supports market expansion. However, the high costs associated with specialized texturizing agents and advanced processing techniques pose challenges, especially in price-sensitive markets. Manufacturers must navigate the ongoing challenge of balancing cost efficiency with enhanced texture quality, potentially limiting the market's growth potential.

List of Prominent Players in the Food Texture Market:
• Ajinomoto Co Inc. (Japan)
• ADM (US)
• Ashland (US)
• IFF (US)
• Cargill (US)
• Tate & Lyle (UK)
• Avebe (Netherlands)
• CP Kelco (US)
• Kerry Group plc (Ireland)
• DSM (Netherlands)
• Ingredion (US)
• Estelle Chemicals Pvt. Ltd (India)
• Fiberstar, Inc. (US)
• Riken Vitamin Co.
• Ltd. (Japan)
• Levapan S.A. (Colombia)
• Nexira,
• Palsgaard
• Puratos
• Naturex
• Roquette Frères
• Bhansali International
• B & V Srl
• Altrafine Gums
• Agarmex
• Agar Del Pacifico S.A.
• Others

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Market Dynamics
Drivers:
The growing demand for food texture additives is largely driven by their critical role in preserving the quality, flavor, and overall texture of food products. These additives ensure that convenience foods maintain their visual and taste appeal, thereby enhancing consumer satisfaction. The global market for food texture additives is expected to experience significant growth, fueled by the increasing consumption of processed and convenience foods worldwide.

Challenges:
A key challenge hindering market growth is the limited awareness, shortage of skilled professionals, and lack of standardized protocols, particularly in emerging markets impacted by lockdowns and isolation measures. Additionally, the high caloric content, potential loss of nutritional value, and increased allergenic risks associated with certain texture-enhancing additives have led to market limitations. Some manufacturing processes for texture agents also pose environmental concerns, further restricting market expansion. Furthermore, certain texture-modifying chemicals can cause adverse health reactions in sensitive consumers, including headaches, ulcers, skin rashes, and digestive issues, potentially hindering market growth. Changing consumer preferences for shelf-stable products and the supply chain disruptions caused by the pandemic have also created challenges in securing raw materials and supplies, which affects both the cost and availability of texture-enhancing agents.

Regional Trends:
The Asia-Pacific region is anticipated to command the largest revenue share in the food texture market and is projected to experience a high compound annual growth rate (CAGR) over the forecast period. This growth is driven by technological advancements, increasing disposable incomes, and a growing demand for innovative food products. The presence of leading manufacturers in the region is expected to further support market expansion. In contrast, Europe holds a significant market share due to rising consumption of processed foods. The growing demand for baked goods, confectionery, fast food, and processed dairy products is expected to contribute to the global growth of the food texture industry.

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Recent Developments:
• In March 2023, Tate & Lyle PLC (Tate & Lyle), a global leader in component answers for healthier food and beverages, is proud to introduce TASTEVA® SOL Stevia Sweetener, the newest member of its sweetener family. Tate & Lyle's capacity to assist customers in resolving stevia solubility concerns in food and beverages has been greatly enhanced by this patent-protected innovation, which satisfies growing consumer demand for low-calorie, high-nutrition options.
• In March 2022, ADM inaugurated an innovation center in Hortolândia, Brazil, signifying its initial foray into Latin America in the realm of human nutrition. The establishment of the $4.7 million (€4.27m) center was a deliberate and calculated action taken to strengthen and unify the progress and financial commitments made in the field of nutrition in the past few years.

Segmentation Of Food Texture Market-
By Type-
• Cellulose Derivatives
• Gums
• Pectin
• Gelatin
• Starch
• Inulin
• Dextrin
By Form-
• Dry
• Liquid
By Application-
• Bakery & Confectionery Products
• Dairy & Frozen Foods
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.