Seattle, WA -- (SBWIRE) -- 10/31/2019 -- The Food Inclusions market is estimated at USD 10.74 billion in 2018. It is projected to reach USD 15.78 billion by 2025, at a CAGR of 8.0%. The growth in the Food Inclusions market is attributed to functional properties of Food Inclusions along with enhanced product appeal; clean label, non-GMO and allergen-free inclusions; and taste trends and responsive development of new flavor profiles offering new avenues for growth. The chocolate segment is projected to dominate the Food Inclusions market through the forecast period. The market for chocolate inclusions is largely driven by its flavor popularity and consumer inclination toward chocolate components in food products such as confectionery, ice cream, bakery, dairy, beverages, frozen desserts, and cereal products.

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The nut form of Food Inclusions is projected to grow at a higher CAGR between 2018 and 2025. Nuts are popular among end consumers and largely used in major food & beverage applications, including bakery, chocolate & confectionery products, dairy & frozen desserts, cereal products, snacks & bars, and beverage products. Furthermore, the addition of nuts not only adds to the flavor and texture but significantly contributes toward the nutritional aspects of food & beverage products, which drives the growth of nut form in the Food Inclusions market.

The European market is estimated to account for the largest share in 2018. This can primarily be attributed to factors such as the region's large-scale production and domestic consumption of Food Inclusions, which is fuelled by food & beverage manufacturers' urge for product innovation with the use of novel ingredients to cater to consumer indulgence. The market in Asia Pacific is projected to grow at the highest CAGR, owing to the rise in consumption of inclusions and their innovative usage in line with the flavor profile and other consumer requirements, along with the Westernisation of diets. The resultant increase in the final price of end products acts as a restraint for the growth of the Food Inclusions market.

The Food Inclusions market is characterized by leading companies driving the market growth. This report provides a qualitative analysis of the prominent market players and their preferred development strategies. Key players such as such Cargill (US), ADM (US), Barry Callebaut (Switzerland), Kerry (Ireland), Tate & Lyle (UK), AGRANA (Austria), Sensient Technologies (US), SensoryEffects (US), Taura Natural Ingredients (New Zealand), Georgia Nut Company (US), Inclusion Technologies (US), and Nimbus Foods (UK) have been profiled in the report.

These leading players have adopted strategies such as expansions & investments, acquisitions, new product launches, joint ventures, and partnerships to explore new and untapped markets, expand in local areas of emerging markets, and develop a new customer base for long-term client relationships. This has not only enabled the key players to expand their geographical reach, but has also reinforced their market position by gaining a larger share in terms of revenue and product portfolios.

Small-scale players have also adopted these strategies to expand their businesses globally by investing in the establishment of manufacturing facilities and technical service centers in various regions. This inorganic growth strategy enables them to improve their technical expertise through intensive R&D infrastructure offered by bigger players.

Market Ecosystem:
The various contributors involved in the value chain of Food Inclusions include manufacturers, suppliers, distributors, importers, and exporters. The key players in the Food Inclusions market include Cargill (US), ADM (US), Barry Callebaut (Switzerland), Kerry (Ireland), Tate & Lyle (UK), AGRANA (Austria), Sensient Technologies (US), Puratos Group (Belgium), SensoryEffects (US), Taura Natural Ingredients (New Zealand), Georgia Nut Company (US), Inclusion Technologies (US), Nimbus Foods (UK), IBK Tropic (Spain), TruFoodMfg (US), FoodFlo International (New Zealand), and Confection by Design (UK).

The Food Inclusions market is segmented as follows:

On the basis of Type:
Chocolate, Fruit & nut, Flavored sugar & caramel, Confectionery, Others (biscuit, cookie, color, and bean- & plant-based inclusions).

On the basis of Application:
cereal products, snacks, and bars, bakery products, dairy & frozen desserts, chocolate & confectionery products, Others (beverages and soups & salads).

Target Audience
- R&D institutes and centers
- Raw materials suppliers to food inclusion manufacturers
- Food inclusion manufacturers
- Food inclusion distributors and traders
- Food & beverage manufacturers
- Regulatory bodies

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