Spray Dried Food Market Expected to Dominate Worldwide by 2017-2027
Global Spray Dried Food: Market Segmentation
The global spray dried food market is segmented on the basis of type, application and region. The spray dried food market is segmented on the basis of type such as vegetable, fruit, seafood, dairy products, spices and seasonings, and others. The global spray dried food market is segmented on the basis of application in which spray dried food is used in application such as snacks, bakery products, confectionery, infant formulas, and others. Spray dried spices are widely used as a condiment in various savory dishes. Hence, the global spray dried food market is expected to significantly increase the revenue contribution over the forecast period.
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Global Spray Dried Food Market: Regional Outlook
Geographically, the global spray dried food industry can be divided by major regions which include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. Globally, among all regions, North America has developed as the dominant region in global spray dried food market followed by Asia Pacific and Europe. Increasing demand for spray dried food products as a result of storage of these food products for a prolonged period, has strengthened the growth of global spray dried food market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.
Global Spray Dried Food Market: Growth Drivers
The global spray dried food market driving factors are increasing demand for ready-to-eat snack foods coupled with the convenience of foods. Increasing opportunities in bakery industry, snacks industry, and confectionery is also another factor in driving the spray dried food market along with increasing extension of shelf life of these products for prolonged periods. Manufacturers are focusing on providing healthier product offerings. Spray dried food products contains no moisture which helps in inhibiting the growth of microorganisms in these products coupled with extending the shelf life of these food products. Hence, the global spray dried food market is expected to observe robust growth over the forecast period.
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Global Spray Dried Food Market: Key Players
Some of the key players identified across the value chain of the global spray dried food market includes mevive international food ingredients, Drytech Industries, Sunspray Food Ingredients (Pty) Ltd., WATSON-INC., The Food Source International Inc., Green Rootz, General Mills Inc., Mercer Foods, LLC., RB Foods, Van Drunen Farms, and Nestle S.A. The companies are expected to expand their business by enhancing their product portfolio in global spray dried food market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global spray dried food market till 2027.
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