Global Specialty Food Ingredients Market Size study, by Sensory Ingredients (Enzymes, Emulsifiers, Flavors, Colorants, Others) by Functional Ingredients (Vitamins, Minerals, Antioxidants, Preservatives, Others) by end use industries (Bakery & Confectioneries Beverages, Dairy & Frozen Foods, Convenience Food, Meat Products, Functional Foods/ Beverages/ Dietary Supplements, Oils & Fats, Others (includes Savoury snacks, Sauces, Dressings & Condiments)) and Regional Forecasts 2022-2028Global Specialty Food Ingredients Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Specialty food ingredients are widely used in food & beverage industry for enhancing the taste and flavor of the processed food. Specialty food ingredients also helps in preserving the texture of food and enhance color of the produced food. Some of the specialty ingredients are Specialty Starch and Texturants, Sweeteners, Flavors, Acidulants, Preservatives, Emulsifiers, Colorants, Enzymes, Culture, Proteins, etc. Growing food and beverages industry and rising R&D activities and new product launches my leading market players are key drivers for the growth of Specialty Food Ingredients market. For instance, according to global database management company Statista- Revenue in worldwide Food segment is estimated to reach USD 2.7 trillion in the year 2022 and as per projections the revenue is expected to show an annual growth rate of 23.38% and would reach to volume of USD 5.1 trillion by the year 2025. Also, with the increasing demand from end use industries and rising per capita income, the adoption & demand for Specialty Food Ingredients is likely to increase the market growth during the forecast period. However, volatile raw materials cost impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Specialty Food Ingredients market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to high prevalence of chronic diseases and shifting consumption patterns in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing food and beverages market in emerging countries in the region would create lucrative growth prospects for the Specialty Food Ingredients market across Asia-Pacific region.

Major market player included in this report are:
Cargill
ADM
DuPont
Ingredion
Kerry
DSM
Chr. Hansen
Sensient
Tate & Lyle
Givaudan

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 Sensory Ingredients:
Enzymes
Emulsifiers
Flavors
Colorants
Others
By Functional Ingredients:
Vitamins
Minerals
Antioxidants
Preservatives
Others
By End Use Industries:
Bakery & Confectioneries
Beverages
Dairy & Frozen Foods
Convenience Food
Meat Products
Functional Foods/ Beverages/ Dietary Supplements
Oils & Fats
Others (includes Savory snacks, Sauces, Dressings & Condiments)
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, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Specialty Food Ingredients 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

Companies Mentioned

Cargill
ADM
DuPont
Ingredion
Kerry
DSM
Chr. Hansen
Sensient
Tate & Lyle
Givaudan