Title: Specialty Food Ingredients Market Share, Size, Forecast and Trends by 2021
1Specialty Food Ingredients Market Forecast
(2016-2021)
Published Date 10 February, 2016 No of
Pages 148 Single User Price 5250
Specialty Food Ingredients Market Future
Forecast Trends 2021
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2- Specialty food ingredients are an essential part
of a wide range of food products. - Food ingredients have been used since many years
to flavor, preserve, blend, color and also to
maintain the nutritional content of the food. - Specialty food ingredients are majorly sold to
food processing industry including large food
manufacturing companies as well as medium-sized
companies. - The specialty food ingredients find major
applications in bakery confectionery, fruits
vegetables, dairy, beverages, vegetable animal
oils, meat marine foods etc.
3- Nutritional food ingredients have the largest
market share for specialty food ingredients, and
are expected to dominate the global market in
forecasted period. - Increasing urbanization and growing consumer
preference for processed foods is driving the
specialty food ingredients market. - Companies by introducing functional food
ingredients have increased the demand as they
keep the nutrient value intact. - The growing brewery industry and the occurrence
of high complexity of procedures increase the
demand for enzymes and starter cultures. - Specialty food ingredients market was valued XX
Billion in 2015 and is projected to reach the
value of XX Billion by 2021, at a CAGR of XX
from 2015 to 2021
4- The market is driven by the increasing Research
and Development (RD) and technology innovations,
growing need for convenient foods which quickly
suffice the need for the moment, nutritional and
tasty foods, and vast emergence of end product
applications. - The latest technologies that aid in qualifying
the specialty ingredients are encapsulation
technologies such as spray drying, chilling,
fluidized bed coating, nano-encapsulation,
bio-encapsulation, micelles, ribosomes, and many
others. - There is a strong co-relation seen between the
trends of the global Specialty Food Ingredients
Market and the global processed food and beverage
markets. - The key aspect for this co-relation is the role
played by the specialty food ingredients
applications. - The main driving forces for the growing market
are the advanced technology, nutrition and taste
convergence, rise in convenience food sector and
growing end users applications.
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5- Changing consumer consumption trends towards
health and wellness food products shows increased
purchasing power of the individual. - This provides ample growth opportunity for the
food manufacturing companies to expand their
market in healthy food product. - Rising rate of diabetes and obesity in both
developed and developing countries, provoke the
consumer to focus more on healthier lifestyles,
in turn demand for health and wellness food
ingredients from food and beverage manufacturing
companies. - North America has the largest market share for
specialty food ingredients followed by Europe and
Asia Pacific. - North America is expected to dominate the global
market due to the increasing consumption of
processed food in the U.S and Canada. - Healthy eating habit is expected to boost the
specialty food ingredients market in Europe. - Asia Pacific region is expected to witness higher
growth in the coming future.
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6- Increasing Concern over Obesity among Consumers
Propels the Demand for Low Fat Specialty
Ingredients - Important exceptions for low fat foods are
refined carbohydrates, like white bread and
white rice. - Starchy foods with highly processed grains that
have been stripped of dietary fiber, act like
sugar in the body. - They are rapidly digested and absorbed, raising
blood levels of glucose and prompting the
secretion of insulin to process it. - Healthy fats can be obtained from fruits,
vegetables nuts and seeds. Raw, naturally
occurring, plant based fats should be eaten
every day. - With the changing lifestyle, people are more
addicted to the packaged and processed food,
which eventually generates fat and hence leads to
obesity among people. - So there is a rising demand for the specialty
food ingredients, which eventually lead to
balanced food and low consumption of fat.
7Specialty Food Ingredients Market Forecast
(2016-2021)
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Specialty Food Ingredients Market and future
opportunities are provided in the report.
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