Selbyville, DE -- (SBWIRE) -- 11/08/2018 -- Meticulously analyzed in terms of pivotal industry segments, global Synthetic Food market report effectively covers the scope of this space in terms By Product, By Application, and the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.

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The report extensively bifurcates the various contenders of global Synthetic Food market. Prominent contributors such as Aarkay Food Products, Archer Daniels Midland Company, Allied Biotech Corp, BASF SE, Biolandes SAS, Chr. Hansen A/S, Döhler Group, D.D. Williamson & Co. Inc, FMC Corporation, Flavorchem Corporation, Fiorio Colori, Falcon Essential Oils, Frutarom Industries Ltd, Sensient Technologies, Naturex S.A., Royal DSM N.V, Symrise AG, Young Living Essential Oils have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.

Hydrocolloids will depict 5% CAGR up to 2024. Increasing ingredient requirement as an additive enhancing texture, viscosity, stability and physical appearance of the meals will stimulate product demand. Some of the most common artificial hydrocolloid comprises carboxymethyl cellulose, guar gum, carrageenan, gelatin, locust bean gum and alginates.

Flavor & fragrances accounted for over 45% synthetic food sales in 2016. Increasing demand for providing significant features in numerous consumer goods including cinnamon aroma of pumpkin lattes and cherry taste of cherry cola will boost synthetic food market share. Moreover, enhanced non-reactive formulations as compared to natural scents is the major advantage stimulating product penetration.

Beverages applications from flavor & fragrances is expected to generate worth over USD 3 billion by 2024. Increasing consumption of numerous beverages including juices, coffee, tea, soda, aerated drinks and mineral waters will enhance demand in this segment. Most of the manufacturers have started developing good-for-you? healthy beverage lines by shifting towards artificial sweetener usage.

Bakery and confectionery from fat replacers generated sales over USD 350 million in 2016. Rising health concerns, including obesity, diabetes and immunization will fuel the adoption of healthier and safer food options. Shifting dietary preference towards sweets, candies, chocolates, pastries, cakes, doughnuts and cookies among all age groups will propel product penetration.

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North America is anticipated to register a growth rate over 5.5% by 2024. The large presence of FMCG manufacturers and huge consumer base will positively support product penetration. Growing consumer consciousness concerning health benefits of artificial ingredients consisting low sugar levels will further propel industry. The U.S. is the leading contributor towards synthetic food market growth owing to its large production and consumer adoption rate.

Global industry share is fragmented owing to presence of a large number of international and local industry players. Rising competition among present organizations and new participants is anticipated to encourage product advancement. Some of the key fmarket players are ADM, Flavorchem, Sensient Technologies, FMC Corporation, DSM, Aarkay, Allied Biotech, BASF, Chr. Hansen, Frutarom Industries and Symrise. Other prominent participants include Falcon Essential Oils, Biolandes, Kalsec, Fiorio Colori, Naturex, Young Living Essential Oils, D?hler Group and DDW.

Table of Content:

Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Synthetic Food Industry Insights
Chapter 4 Synthetic Food Market, By Product
Chapter 5 Synthetic Food Market, By Region
Chapter 6 Company Profiles

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