Global Food Inclusions Market to reach USD 21.4 billion by 2027.Global Food Inclusions Market is valued approximately at USD 12.5 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2021-2027. Ingredients added to food to enhance its texture or organoleptic qualities are known as food inclusions. Food inclusions also help to improve the sensory qualities of foods. Food inclusions are becoming increasingly popular since they may impart any desired flavour or texture, enhancing the attractiveness of food items. Food additions that assist in the imparting of health advantages to products are becoming incredibly common. The market for processed food has been fueled by increasing urbanization, changing lifestyles, and an increase in the working population. One of the most important components of processed food is value addition, which helps to improve flavour, texture, and nutritional benefits. From 1970 to 2019, the degree of urbanization in the United States was measured and the percentage of the population living in urban areas was calculated. In 2019, cities and metropolitan areas accounted for 82.46 percent of the total population of the United States. However, resultant increase in the final price of end products may impede market growth over the forecast period of 2021-2027.
Europe is dominating the food inclusion market shares due to factors such as the region's large-scale production and domestic consumption of food inclusions, which is fueled by food & beverage manufacturers' drive to innovate with innovative ingredients to cater to customer pleasure. However, APAC is expected to grow at the fastest pace due to the growth in consumption of inclusions and their creative use in accordance with the flavour profile and other consumer requirements, as well as the Westernization of diets.
Major market player included in this report are:
Nimbus Foods
Barry Callebaut
Taura Natural Ingredients
Sensient Technologies
Georgia Nut Company
Inclusion Technologies
Puratos Group
Foodflo International
IBK Tropic
Confection By Design
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Chocolate
Fruit & nut
Flavored sugar & caramel
Confectionery
Others
By Form:
Pieces
Chips & nibs
Nuts
Flakes & crunches
Powder
Liquid
By Application:
cereal products, snacks, and bars
bakery products
dairy & frozen desserts
chocolate & confectionery products
Others
By Flavor:
Fruit
Nut
Savory
Chocolate & caramel
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Food Inclusions Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors