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Food Ingredients Global Market Report 2021: Market is Expected to Reach $59.83 Billion in 2025 at a CAGR of 8.7% - Long-term Forecast to 2030 - ResearchAndMarkets.com

·4-min read

DUBLIN, December 06, 2021--(BUSINESS WIRE)--The "Food Ingredients Global Market Report 2021: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

The global food ingredients market is expected to grow from $38.86 billion in 2020 to $42.88 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. The market is expected to reach $59.83 billion in 2025 at a CAGR of 8.7%.

Major players in the food ingredients market are Kerry Group, Cargill Inc., Archer Daniels Midland, Stevia First Corporation, Hermes Sweeteners Ltd, Riken Vitamin, Koninklijke DSM N.V, Palsgaard, Danisco, Angel Yeast Co. Ltd., Aral Foods amber, Bunge Limited, Glanbia Plc, Ingredion Incorporated, and Corbion Purac.

The food ingredients market consists of food ingredients sales by entities (organizations, sole proprietorships, and partnerships) that produce food ingredients that are added to food to improve taste, texture, and appearance. Food additives are substances applied to foods to achieve specific technical or functional goals during production, storage, or packaging. Food ingredients are used to improve safety and freshness and maintain the nutritional value of the food.

The main types of products in food ingredients are starches, vegetable oils and fats, natural sweeteners, enzymes and antioxidants, natural flavorings and colors, functional ingredients, and others. Starches are used as an additive for food processing and are typically used as thickeners and stabilizers in puddings, custard, soups, sauces, gravies, pie fillings, salad dressing, noodles, meat products, and many more.

The different functional types include sweeteners, emulsifiers, flavors, and color additives, preservatives, fat replacers, nutrients, stabilizers, thickeners, binders, and texturizers, pH control agents & acidulants, others and are used in pharmaceuticals, food & beverages, animal feed, others.

North America was the largest region in the food ingredients market in 2020. Europe was the second-largest market in the food ingredients market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The introduction to technologically advanced solutions is an emerging trend in the food ingredients market. Major food ingredients firms are concentrating on developing innovative solutions for food ingredients to provide global food industries with next-generation alternative proteins and other ingredients.

The increase in the awareness of fitness among people and the growing number of health-conscious consumers are expected to drive the market for food ingredients during the forecast period. Consumers are incorporating bioactive food ingredients such as omega-3 fatty acids, antioxidants, probiotics, soy protein, and beta-carotene into their meals to maintain good health.

Key Topics Covered:

1. Executive Summary

2. Food Ingredients Market Characteristics

3. Food Ingredients Market Trends and Strategies

4. Impact Of COVID-19 On Food Ingredients

5. Food Ingredients Market Size and Growth

5.1. Global Food Ingredients Historic Market, 2015-2020, $ Billion

5.1.1. Drivers Of the Market

5.1.2. Restraints On the Market

5.2. Global Food Ingredients Forecast Market, 2020-2025F, 2030F, $ Billion

5.2.1. Drivers Of the Market

5.2.2. Restraints On the Market

6. Food Ingredients Market Segmentation

6.1. Global Food Ingredients Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Starches

  • Vegetable Oils and Fats

  • Natural Sweeteners

  • Enzymes and Antioxidants

  • Natural Flavorings and Colours

  • Functional Ingredients

  • Others

6.2. Global Food Ingredients Market, Segmentation by Function, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Sweeteners

  • Emulsifier

  • Flavors and Color Additives

  • Preservatives

  • Fat Replacers

  • Nutrients

  • Stabilizers, Thickeners, Binders, and Texturizers

  • pH Control Agents and Acidulants

  • Others

6.3. Global Food Ingredients Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Pharmaceuticals

  • Food and Beverages

  • Animal Feed

  • Others

7. Food Ingredients Market Regional and Country Analysis

7.1. Global Food Ingredients Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

7.2. Global Food Ingredients Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Companies Mentioned

  • Kerry Group

  • Cargill Inc.

  • Archer Daniels Midland

  • Stevia First Corporation

  • Hermes Sweeteners Ltd

  • Riken Vitamin

  • Koninklijke DSM N.V

  • Palsgaard

  • Danisco

  • Angel Yeast Co. Ltd.

  • Aral Foods amber

  • Bunge Limited

  • Glanbia Plc

  • Ingredion Incorporated

  • Corbion Purac

For more information about this report visit https://www.researchandmarkets.com/r/2gcxd2

View source version on businesswire.com: https://www.businesswire.com/news/home/20211206005748/en/

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