Valley Cottage, NY -- (SBWIRE) -- 08/07/2019 -- The massive rise in demand for convenience foods from across the globe, mounting population in urban settings, and rising purchasing power of the global population are collectively driving the global demand for specialty food ingredients, observes a recent market research report published by Future Market Insights. The report is titled "Specialty Food Ingredients Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022)." The report states that the market will expand at a steady pace over the period between 2017 and 2022, rising to a revenue opportunity of nearly US$85,000 mn by the end of 2022.
Besides providing benefits in the form of extended shelf-life of a number of processed food products, specialty food ingredients also enhance qualities such as taste, texture, and flavor. Moreover, their addition to food products help reduce downstream losses owing to their impact on storage and processing of foods. These factors, along with the advent of several innovative technologies, such as the technology for decaffeination of coffee beans, has also increased the popularity of the global specialty food ingredients market.
The report segments the global specialty food ingredients market on the basis of criteria such as specialty sensory ingredient, specialty fundamental ingredient, application, and geography.
In terms of specialty sensory ingredient, the market has been segmented into varieties such as emulsifiers, enzymes, colorants, and flavors. Of these, the segment of enzymes is likely to remain the most promising segment over the report's forecast period, surpassing a revenue valuation of US$20,000 mn by 2022. Demand for colorants and emulsifiers is expected to see close competition in terms of revenue contribution to the global market throughout the report's forecast period. The segment of flavors will exhibit expansion at the most promising pace over the report's forecast period.
In terms of specialty functional ingredient, the report segments the market into vitamins, antioxidants, minerals, and preservatives. Of these, the segment of preservatives is expected to record a highly promising growth pace over the report's forecast period. However, the segment of minerals, which is presently the most consumed functional ingredient in the global market, will continue to exhibit a promising pace of expansion over the report's forecast period as well. The sales of vitamins could dwindle and the segment is expected to record the lowest CAGR of all the other segments over the forecast period.
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The key application areas of specialty food ingredients examined in the report include beverages, bakery and confectioneries, dairy and frozen foods, functional foods, beverages and dietary supplements, meat products, oils and fats, and sauces, savory snacks, and dressings and condiments. Of these, the segment of bakery and confectionaries is expected to retain its position as the largest shareholder in the global market, followed by the segment of convenience foods. However, the demand from the meat products and functional food, beverages and dietary supplements segments will record a higher pace of expansion over the report's forecast period.
From a geographical standpoint, the market for specialty food ingredients in North America is slated to emerge as the one with the most lucrative growth opportunities over the report's forecast period. The North America market for specialty food products is expected to rise to a valuation of nearly US$24,000 mn by the end of 2022.
Some of the leading players operating in the global specialty food ingredients market are E. I. Dupont De Nemours and Company, Advanced Food Systems Inc., Cargill Inc., Ingredion Incorporated, Specialty Commodities, Kerry Group Plc., Koninklijke DSM N.V., Sensient Technologies Corporation, Cambrian Solutions Inc., and Tate & Lyle.
To get more insights and information on the global Specialty Food Ingredients market, contact our analysts at press@futuremarketinsights.com
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Specialty Food Ingredients Market Reports - Table of Contents
1. Global Specialty Food Ingredients Market - Executive Summary
2. Global Specialty Food Ingredients Market Overview
2.1. Introduction
2.1.1. Global Specialty Food Ingredients Market Taxonomy
2.1.2. Global Specialty Food Ingredients Market Definition
2.2. Global Specialty Food Ingredients Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Specialty Food Ingredients Market Y-o-Y Growth
2.3. Global Specialty Food Ingredients Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Specialty Food Ingredients Market Analysis and Forecast By Specialty Sensory Ingredients
3.1. Global Specialty Food Ingredients Market Size and Forecast By Specialty Sensory Ingredients, 2012-2022
3.1.1. Enzymes Specialty Food Ingredients Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Emulsifiers Specialty Food Ingredients Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Flavors Specialty Food Ingredients Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Colorants Specialty Food Ingredients Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. Others Specialty Food Ingredients Market Size and Forecast, 2012-2022
3.1.5.1. Revenue (US$ Mn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region
4. Global Specialty Food Ingredients Market Analysis and Forecast By Specialty Functional Ingredients
4.1. Global Specialty Food Ingredients Market Size and Forecast By Specialty Functional Ingredients, 2012-2022
4.1.1. Vitamins Specialty Food Ingredients Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Minerals Specialty Food Ingredients Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Antioxidants Specialty Food Ingredients Market Size and Forecast, 2012-2022
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Preservatives Specialty Food Ingredients Market Size and Forecast, 2012-2022
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Others Specialty Food Ingredients Market Size and Forecast, 2012-2022
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
5. Global Specialty Food Ingredients Market Analysis and Forecast By Application
5.1. Global Specialty Food Ingredients Market Size and Forecast By Application, 2012-2022
5.1.1. Bakery & Confectioneries Specialty Food Ingredients Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region
5.1.2. Beverages Specialty Food Ingredients Market Size and Forecast, 2012-2022
5.1.2.1. Revenue (US$ Mn) Comparison, By Region
5.1.2.2. Market Share Comparison, By Region
5.1.2.3. Y-o-Y growth Comparison, By Region
5.1.3. Dairy & Frozen Foods Specialty Food Ingredients Market Size and Forecast, 2012-2022
5.1.3.1. Revenue (US$ Mn) Comparison, By Region
5.1.3.2. Market Share Comparison, By Region
5.1.3.3. Y-o-Y growth Comparison, By Region
5.1.4. Convenience Food Specialty Food Ingredients Market Size and Forecast, 2012-2022
5.1.4.1. Revenue (US$ Mn) Comparison, By Region
5.1.4.2. Market Share Comparison, By Region
5.1.4.3. Y-o-Y growth Comparison, By Region
5.1.5. Meat Products Specialty Food Ingredients Market Size and Forecast, 2012-2022
5.1.5.1. Revenue (US$ Mn) Comparison, By Region
5.1.5.2. Market Share Comparison, By Region
5.1.5.3. Y-o-Y growth Comparison, By Region
5.1.6. Functional Foods/ Beverages/ Dietary Supplements Specialty Food Ingredients Market Size and Forecast, 2012-2022
5.1.6.1. Revenue (US$ Mn) Comparison, By Region
5.1.6.2. Market Share Comparison, By Region
5.1.6.3. Y-o-Y growth Comparison, By Region
5.1.7. Oils & Fats Specialty Food Ingredients Market Size and Forecast, 2012-2022
5.1.7.1. Revenue (US$ Mn) Comparison, By Region
5.1.7.2. Market Share Comparison, By Region
5.1.7.3. Y-o-Y growth Comparison, By Region
5.1.8. Others (includes Savory snacks, Sauces, Dressings & Condiments ) Specialty Food Ingredients Market Size and Forecast, 2012-2022
5.1.8.1. Revenue (US$ Mn) Comparison, By Region
5.1.8.2. Market Share Comparison, By Region
5.1.8.3. Y-o-Y growth Comparison, By Region
6. Global Specialty Food Ingredients Market Analysis and Forecast By Region
6.1. Global Specialty Food Ingredients Market Size and Forecast, 2012-2022
6.1.1. North America Specialty Food Ingredients Market Size and Forecast, 2012-2022
6.1.1.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
6.1.1.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
6.1.1.3. Revenue (US$ Mn) Comparison, By Application
6.1.2. Latin America Specialty Food Ingredients Market Size and Forecast, 2012-2022
6.1.2.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
6.1.2.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
6.1.2.3. Revenue (US$ Mn) Comparison, By Application
6.1.3. Europe Specialty Food Ingredients Market Size and Forecast, 2012-2022
6.1.3.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
6.1.3.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
6.1.3.3. Revenue (US$ Mn) Comparison, By Application
6.1.4. Japan Specialty Food Ingredients Market Size and Forecast, 2012-2022
6.1.4.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
6.1.4.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
6.1.4.3. Revenue (US$ Mn) Comparison, By Application
6.1.5. APEJ Specialty Food Ingredients Market Size and Forecast, 2012-2022
6.1.5.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
6.1.5.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
6.1.5.3. Revenue (US$ Mn) Comparison, By Application
6.1.6. MEA Specialty Food Ingredients Market Size and Forecast, 2012-2022
6.1.6.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
6.1.6.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
6.1.6.3. Revenue (US$ Mn) Comparison, By Application
7. North America Specialty Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
7.1. US Specialty Food Ingredients Market Size and Forecast, 2012-2022
7.1.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
7.1.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
7.1.3. Revenue (US$ Mn) Comparison, By Application
7.2. Canada Specialty Food Ingredients Market Size and Forecast, 2012-2022
7.2.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
7.2.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
7.2.3. Revenue (US$ Mn) Comparison, By Application
8. Latin America Specialty Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
8.1. Brazil Specialty Food Ingredients Market Size and Forecast, 2012-2022
8.1.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
8.1.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
8.1.3. Revenue (US$ Mn) Comparison, By Application
8.2. Mexico Specialty Food Ingredients Market Size and Forecast, 2012-2022
8.2.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
8.2.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
8.2.3. Revenue (US$ Mn) Comparison, By Application
8.3. Argentina Specialty Food Ingredients Market Size and Forecast, 2012-2022
8.3.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
8.3.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
8.3.3. Revenue (US$ Mn) Comparison, By Application
9. Europe Specialty Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
9.1. Germany Specialty Food Ingredients Market Size and Forecast, 2012-2022
9.1.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
9.1.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
9.1.3. Revenue (US$ Mn) Comparison, By Application
9.2. UK Specialty Food Ingredients Market Size and Forecast, 2012-2022
9.2.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
9.2.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
9.2.3. Revenue (US$ Mn) Comparison, By Application
9.3. France Specialty Food Ingredients Market Size and Forecast, 2012-2022
9.3.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
9.3.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
9.3.3. Revenue (US$ Mn) Comparison, By Application
9.4. Spain Specialty Food Ingredients Market Size and Forecast, 2012-2022
9.4.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
9.4.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
9.4.3. Revenue (US$ Mn) Comparison, By Application
9.5. Italy Specialty Food Ingredients Market Size and Forecast, 2012-2022
9.5.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
9.5.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
9.5.3. Revenue (US$ Mn) Comparison, By Application
9.6. Nordic Specialty Food Ingredients Market Size and Forecast, 2012-2022
9.6.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
9.6.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
9.6.3. Revenue (US$ Mn) Comparison, By Application
10. Japan Specialty Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
10.1. Japan Specialty Food Ingredients Market Size and Forecast, 2012-2022
10.1.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
10.1.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
10.1.3. Revenue (US$ Mn) Comparison, By Application
11. APEJ Specialty Food Ingredients Market Analysis and Forecast, By Country, 2012-2022
11.1. China Specialty Food Ingredients Market Size and Forecast, 2012-2022
11.1.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
11.1.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
11.1.3. Revenue (US$ Mn) Comparison, By Application
11.2. India Specialty Food Ingredients Market Size and Forecast, 2012-2022
11.2.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
11.2.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
11.2.3. Revenue (US$ Mn) Comparison, By Application
11.3. Malaysia Specialty Food Ingredients Market Size and Forecast, 2012-2022
11.3.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
11.3.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
11.3.3. Revenue (US$ Mn) Comparison, By Application
11.4. Thailand Specialty Food Ingredients Market Size and Forecast, 2012-2022
11.4.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
11.4.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
11.4.3. Revenue (US$ Mn) Comparison, By Application
11.5. Singapore Specialty Food Ingredients Market Size and Forecast, 2012-2022
11.5.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
11.5.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
11.5.3. Revenue (US$ Mn) Comparison, By Application
11.6. Australia Specialty Food Ingredients Market Size and Forecast, 2012-2022
11.6.1. Revenue (US$ Mn) Comparison, By Specialty Sensory Ingredients
11.6.2. Revenue (US$ Mn) Comparison, By Specialty Functional Ingredients
11.6.3. Revenue (US$ Mn) Comparison, By Application
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