The global integrated food ingredients market size was USD 73.50 Billion in 2022 and is expected to register a steady revenue CAGR of 4.9% over the forecast period, according to the latest report by Reports and Data. Rising demand for natural flavor in dairy products & beverages is primary major factor driving market revenue growth. Integrated food ingredients are elements that develop the color and taste of food and increase the shelf life of food. Individuals are becoming more health-conscious and prefer products that have fewer artificial additives. Natural flavors are produced from natural food sources, such as fruits, vegetables, herbs, and spices, which can enhance the taste and aroma of dairy products and beverages without overpowering their natural characteristics. These flavors provide an authentic taste, which is important for products such as yogurt, milk, and fruit juices.
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Top Companies:
Cargill, Incorporated, DuPont, ADM, DSM, BASF SE, Firmenich SA, Kerry Group plc, Symrise, Tate & Lyle, and General Mills Inc.
Some Key Highlights From the Report
- The taste enhancers segment is expected to account for largest revenue share in the global integrated food ingredients market over the forecast period. This is because taste enhancers are added to foods to improve the flavor and taste of recipe and give value to the distinctive taste of a food product. These components specifically increase the umami taste in savory products in a natural way and are also a viable alternative to synthetics or chemicals. The primary function of taste enhancers is to deliver diverse flavors to the Food & Beverage (F&B)industries.
- The flavor segment is expected to register steadily fast revenue growth rate in the global integrated food ingredients market over the forecast period. This is due to rising demand for natural flavors, made from fresh natural foods, which help to preserve the flavor and aroma of original components. These are utilized as nutritious spices in various culinary products, which is increasing need for natural flavors.
- The bakery & confectionery segment is expected to account for significantly large revenue share in the global integrated food ingredients market over the forecast period. This is due to rising demand for integrated food ingredients since these are used to improve the quality, taste, texture, and shelf life of baked goods. Cakes and pastries, which are high in carbohydrates, are typically made by combining flour and sugar. These ingredients provide enough energy to the entire body, including muscles, brain, and the neurological system. Integrated food ingredients include natural and artificial flavors and colors to enhance the taste and appearance of bakery products.
- The North America market accounted for largest revenue share in the global integrated food ingredients market in 2022. This is due to rising demand for natural and clean-label products and increasing number of consumers favoring Ready-To-Drink (RTD) fruit drinks with natural ingredients. Moreover, presence of key players in the region and increasing number of strategic initiatives are also expected to drive market revenue growth during the forecast period.
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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.
This report analyzes the Integrated Food Ingredients market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Integrated Food Ingredients market is provided to gain a deeper understanding of its growth and progress.
The global Integrated Food Ingredients market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Function Outlook (Revenue, USD Billion; 2019-2032)
- Taste Enhancers
- Form
- Texture
- Preservation
- Coloring
Type Outlook (Revenue, USD Billion; 2019-2032)
- Concentrates
- Flavors
- Emulsifiers
- Colors
- Sweeteners
- Preservation
- Fats and Oils
- Acidulants
- Starch
- Others
Application Outlook (Revenue, USD Billion; 2019-2032)
- Dairy
- Beverages
- Bakery & Confectionery
- Snacks & Savory
- Meat Products
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