Sarasota, FL -- (SBWIRE) -- 06/20/2018 -- Synthetic Foods Market: Overview

Synthetic foods are the kind of foods produced with the help of innovation in technology. These types of foods contain high vitamins, proteins, nutrients, fats or their components. These are artificial foods. The end results of these foods are same as of natural food. They are same in color, taste, appearance and nutritional value. Synthetic foods indirectly contains chemical. As the color added to the synthetic foods are made up of chemical. However, synthetic foods are coming up with new products and new innovations day in and out. Major processed foods are breads, ice creams, cereals, cakes, and others.

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Synthetic Foods Market: Growth Factors

The drivers leading to the growth of synthetic food market is the increasing population and demand for processed foods. Introduction of innovative products are also driving growth of the market. The changing lifestyle of people is forcing them to adopt synthetic foods. The restraining factors are that people are health conscious they believe in consuming natural foods and they avoid consuming food rich in chemicals. Furthermore, the opportunity for the synthetic food market is to develop effective marketing strategy to capture the market. The challenge is the high cost of the natural colors used for coloring the ingredients.

Synthetic Foods Market: Segmentation

The synthetic food market is fragmented on the basis of product, application and region. The market by product for synthetic food is increasing as the demand for soft drinks, alcohol, energy drinks, dairy products etc are on demand. The uses of artificial color and flavors have fueled up the demand of synthetic food market. Application wise, the market is divided into beverages, confectionery, bakery, and others.

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Synthetic Foods Market: Regional Analysis

North America is leading the synthetic food market because of high income and increase consumption. Further, the demand for carbonated drinks and sports drink is very high in North America which is expected to witness significant growth in coming years followed by Asia Pacific. While china is leading the market in Asia Pacific region and India is forecasted to capture the market due to the changing lifestyle of people and also increase in demand for frozen food.

Synthetic Foods Market: Competitive Players

Some of the major competitors of synthetic foods market are Fiorio Colori, Kalsec, BASF SE, Allied Biotech, Aarkay, Symrise AG, Royal DSM N.V., Sensient Technologies, Flavorchem, ADM, Döhler Group, Naturex, D.D. Williamson & Co. Inc. (DDW), Biolandes, Falcon Essential Oils, Young Living Essential Oils, Frutarom Industries Ltd, FMC Corp. and others.

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Synthetic Foods Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa