Food Texture Market expected to Witness Huge Revenue Growth to 2031

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 Size is valued at USD 14.16 Bn in 2023 and is predicted to reach USD 22.67 Bn by the year 2031 at a 6.25% CAGR during the forecast period for 2024-2031.

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Enhancing the texture of food not only improves its visual appeal but also contributes to extended shelf life. In pursuit of healthier formulations, emulsifiers are increasingly being used as replacements for various additives, enabling the reduction of overall fat content in food products. Food manufacturers are adopting emulsifiers more widely, particularly in processed foods, due to their potential role in lowering harmful cholesterol levels.

As globalization influences lifestyle choices, consumer preferences are shifting toward convenient, quick-to-prepare meal options. This trend is contributing significantly to the growth of the global food texture market. The rising demand for ready-to-eat and convenience foods, particularly in developed economies, is a key driver of market expansion. Growing global awareness around health and nutrition further supports the increasing adoption of texturizing agents in food production. Additionally, the functional versatility of these agents makes them valuable in the development of innovative product lines and new applications.

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

Market Dynamics:
Drivers-
The growing demand for food texture additives is largely driven by their essential role in maintaining the quality, flavor, and consistency of food products. These additives help ensure that convenience foods retain their desired appearance and taste, thereby meeting evolving consumer expectations. As global consumption of processed and ready to eat foods continues to rise, the demand for texturizing agents is expected to grow significantly, supporting overall market expansion.

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Challenges:
The food texture market faces several challenges, particularly in emerging economies. Limited awareness, a shortage of skilled professionals, and the absence of standardized protocols exacerbated by lockdowns and restrictions during the pandemic have hindered market development. Additional concerns include the potential for high caloric content, reduced energy efficiency, and increased allergenic risks associated with certain texture-enhancing additives.

Regional Trends:
The Asia-Pacific region is projected to dominate the food texture market in terms of revenue and is expected to register a high compound annual growth rate (CAGR) in the coming years. This growth is attributed to increasing technological innovation, rising affluence, and the emergence of new food consumption trends, which are driving the demand for texture enhancing ingredients. The presence of leading regional manufacturers is also expected to contribute significantly to market development. Meanwhile, Europe holds a substantial market share due to rising consumer preference for processed foods. Increased consumption of baked goods, confectionery, fast food, and processed dairy products is expected to further stimulate global demand for food texture solutions.

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.

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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

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This release was published on openPR.