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Food Ingredients Market Size Worth USD 84.97 Billion By 2027 | CAGR of 10.6%: Emergen Research
VANCOUVER, BC , Oct. 14, 2020 /PRNewswire/ -- The Global Food Ingredients Market is forecast to be worth USD 84.97 billion by 2027, according to a new report by Emergen Research. The key factors influencing the market include higher demand for natural food ingredients, the increasing adoption of convenience foods, and a tremendous surge in demand for ready-to-eat food products.
Rising consumer preference for higher nutritious value, increasing requirement for cold-storage foods, the proliferation of ready-made packaged & ready-to-serve foods, foods with lower calorific values & dietary foods, and cheaper alternatives of premium edibles are other market driving factors. Food Flavors and Enhancers have witnessed significant research & development undertaken by flavor manufacturers, and a higher preference has been attributed to natural extracts and fruit flavoring agents.
The global food ingredients market is expected to remain a competitive and fragmented landscape consisting of a number of both small start-ups and medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in product offerings create enormous growth potential for innovative players.
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For the purpose of this report, Emergen Research has segmented the Global Food Ingredients Market on the basis of Type, Application, Sales Channel, and Region:
Stevia Market By Product Form (Leaf, Liquid, Powder), By Application (Beverages, Bakery & Confectionery, Dairy Food Products, Dietary Supplements), Forecasts to 2027
Dietary Supplements Market By End User (Adults, Pregnant Women), By Application (Energy & Weight management), By Form (Powders, Tablets), By Ingredient (Vitamins, Protein), By Distribution Channel, Forecasts to 2027
Sugar Substitutes Market By Origin (Artificial/Synthetic, Natural), By Type (Low-intensity sweeteners, High-intensity sweeteners), By Composition (Sugar Alcohols, Stevia, Saccharine, Sucralose) By Application (Beverage, Food), Forecasts to 2027
Cannabis Market By Product Type (Flower, Concentrates, Others), By Compound (Tetrahydrocannabinol, Cannabidiol (CBD), Balanced THC & CBD), By Application (Medical, Recreational, Pain Management, Neurological Health Management, Others), and Regions Forecasts to 2027
Food Safety Testing System Market Size, Share, Trends, By Test (Chemical & Nutritional, Allergen) and By Application (Processed Food, Beverages, Others), Forecasts to 2027
Synthetic Food Market Size, Share, Trends, By Product, By End Users (Beverages, Bakery & Confectionery, Dairy & Frozen Products, Animal & Pet Food, Savory & Snacks) and By Distribution Channel Forecasts to 2027
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