Global Specialty Food Ingredients Market: Industry Analysis & Outlook (2017-2021)

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Industry Research by Koncept Analytics
Global Specialty Food Ingredients Market
Industry Analysis Outlook ---------------------
-------------------- (2017-2021)
January 2018
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Executive Summary
A number of ingredients contribute to various
functions in the preparation of a variety of food
products. In ancient times, salt was the main
ingredient used for canning meat and fish, and
then with various herbs and spices to improve the
taste of food, and fruit was preserved with
sugar, and cucumber was marinated with vinegar.
Unlike ancient times, modern consumers can choose
from a wide range of foods that are available in
different tastes, colors, with high nutritional
values. This change in the storage and
accessibility of various food products was made
possible by additives or ingredients to a large
extent, which contributed to technological
innovation. Food ingredients can be broadly split
into specialty food ingredients and bulk food
ingredients. Specialty food ingredients are key
determinants of food products to get the desired
taste, appearance, nutritional properties, and
functionality. Bulk food ingredients are used in
packaged, processed foods and ready to eat foods
like confectionery items, biscuits, and
chocolates. Food ingredients market is further
segmented into preservatives, sweeteners, color
additives, flavors and spices, flavor enhancers,
fat replacers, nutrients, emulsifiers, and
acidulants. These ingredients help to ensure the
availability of flavored, nutritious, safe,
convenient, colorful and affordable foods that
meet the expectations of consumers. The key
factors driving growth of the global food
ingredient industry include rising global
population, changing demographics, escalating
middle class population and growing demand for
convenience. Some of the noteworthy trends and
developments of this industry include launch of
new products, increasing acceptance of natural
ingredients, growing awareness towards health and
wellness, food safety, increasing preference for
taste, and rising demand from emerging economies.
However, the growth of the industry is being
hindered by high barriers to entry, rising
intense research requirements and stringent
regulations along with various health hazards
associated with food additives. The report
Global Specialty Food Ingredients Market
Industry Analysis Outlook (2017-2021) by
Koncept Analytics provides an extensive research
and detailed analysis of the present market along
with future outlook. The report discusses the
major growth drivers and challenges of the
market, covering the global market. It profiles
the key players of the market including Tate
Lyle, Royal DSM, Dow DuPont and Kerry Group.
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Rising middle class population and increasing
health awareness supported the growth specialty
food ingredients market.
Global Food Ingredients Market Forecast by Value
(2016-2021)

• The global food ingredients market is expected to
  reach US... billion in 2021, increasing from
  US... billion in 2016, recording growth at a
  CAGR of . for the period spanning 2016-2021.
• The global specialty ingredients market is
  expected to reach US... billion in 2021,
  increasing from US... billion in 2016, recording
  growth at a CAGR of . for the period spanning
  2016-2021.
• In 2016, the global market for specialty
  ingredients comprised of texturants followed
  by of nutritional ingredients. Flavours and
  Sweeteners captured and shares of specialty
  food ingredient market respectively.

Specialty Ingredients Market Forecast by Value
(2016-2021)
Specialty Ingredients Market by Type (2016)
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Increasing preference for taste and growing
demand for packaged food will drive specialty
food ingredients market globally
Global Flavours Market Forecast by Value
(2016-2021)

• The global flavours market is expected to reach
  US... billion in 2021, increasing from US...
  billion in 2016, recording growth at a CAGR of
  . for the period spanning 2016-2021.
• The global food colours market is expected to
  reach US... billion in 2021, increasing from
  US... billion in 2016, recording growth at a
  CAGR of . for the period spanning 2016-2021.
• The global sweeteners market is expected to reach
  US... billion in 2021, increasing from US....
  billion in 2016, recording growth at a CAGR of
  . for the period spanning 2016-2021.

Global Food Colours Market Forecast by Value
(2016-2021)
Global Sweeteners Market Forecast by Value
(2016-2021)
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d-ingredients-market-industry-analysis-outlook-201
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