Report Feature
The future of the global speciality food ingredient market looks promising with opportunities in the bakery and confectionery, beverages, dairy and frozen foods, convenience foods, and meat products and functional foods/beverages/dietary supplements. The global speciality food ingredient market is expected to grow with a CAGR of 5%-7% from 2020 to 2025. The major drivers for this market are R&D and technological innovations, uproar for convenience foods, nutrition and taste convergence, and growing end-user applications.
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In this market, flavors is the fastest growing ingredient of speciality food ingredient, whereas functional food is the largest application. Growth in various segments of the speciality food ingredient market are given below:
The study includes trends and forecast for the global speciality food ingredient market by ingredient, application, sales channel, and region as follows:
By Ingredient [Value ($ Million) shipment analysis for 2014 – 2025]:
- Functional Food Ingredients
- Sugar Substitutes
- Flavors
- Specialty Starches
- Acidulants
- Preservatives
- Emulsifiers
- Colors
- Enzymes
- F&B Starter Culture
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
- Bakery & Confectionery
- Beverages
- Dairy & Frozen foods
- Convenience foods
- Meat Products & Functional Foods/Beverages/Dietary Supplements
By Sales Channel [Value ($ Million) shipment analysis for 2014 – 2025]:
- Retaliers
- E-commerce
- Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- United Kingdom
- Spain
- Germany
- France
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Asia Pacific
- China
- India
- Japan
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The Rest of the World
- Brazil
Some of the speciality food ingredient companies profiled in this report include Cargill, Archer Daniels Midland Company, Kerry Group, Royal DSM N.V., E.I. du Pont de Nemours and Company.
Lucintel forecasts that the flavors will remain the fastest-growing segment over the forecast period as the market is characterized as innovative, technical, and specialized in nature and its growth parameters include changing lifestyle of consumers, increased demand for convenience foodstuff.
Within this market, functional food will remain the largest application segment over the forecast period as usage of functional food in various applications, which include snacks, bakery, confectionery, and dairy products and increasing awareness among consumers, the market for functional foods is increasing, as consumers prefer balanced diets and food products that not only satisfy hunger but are healthy.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the booming food and beverage market and technological progression and westernization of diets in this region.
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Features of the Global Speciality Food Ingredients Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global Speciality Food Ingredients market by ingredient (functional food ingredients, sugar substitutes, flavors, specialty starches, acidulants, preservatives, emulsifiers, colors, enzymes and F&B starter culture), application (bakery & confectionery, beverages, dairy & frozen foods, convenience foods, meat products & functional foods/beverages/dietary supplements), and sales channel (retailers, e-commernce, and others)and regon (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global Speciality Food Ingredients market? Q.5 What are the business risks and threats to the global Speciality Food Ingredients market? Q.6 What are emerging trends in this Speciality Food Ingredients market and the reasons behind them? Q.7 What are some changing demands of customers in this Speciality Food Ingredients market? Q.8 What are the new developments in this Speciality Food Ingredients market? Which companies are leading these developments? Q.9 Who are the major players in this Speciality Food Ingredients market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this Speciality Food Ingredients market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global Speciality Food Ingredients market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Billion |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Ingredient (Functional Food Ingredients, Sugar Substitutes, Flavors, Specialty Starches, Acidulants, Preservatives, Emulsifiers, Colors, Enzymes and food & beverage Starter Culture), Application (Bakery & Confectionery, Beverages, Dairy & Frozen Foods, Convenience Foods, Meat Products & Functional Foods/Beverages/Dietary Supplements), and Sales Channel (Retailers, E-commernce, and Others) |
Regional Scope |
North America (USA, Mexico, and Canada), Europe (Norway, Spain, Germany, and France), Asia (China, India, Japan), and ROW ( Brazil) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
7.2 Emerging Trends in the Global Speciality Food Ingredients Market
4.1 Global Speciality Food Ingredients Market by Region
4.2.1 Market by Ingredients: Functional Food Ingredients, Sugar Substitutes, Flavors, Specialty Starches, Acidulants, Preservatives, Emulsifiers, Colors, Enzymes and F&B Starter Culture
4.2.2 Market by Application: Bakery & Confectionery, Beverages, Dairy & Frozen Foods, Convenience Foods, Meat Products & Functional Foods/Beverages/Dietary Supplements
4.2.3 Market by Sales Channel: Retailers, E-commernce, and Others
4.2.4 The United States Speciality Food Ingredients Market
4.2.5 The Canadian Speciality Food Ingredients Market
4.2.6 The Mexican Speciality Food Ingredients Market
4.3.1 Market by Ingredients: Functional Food Ingredients, Sugar Substitutes, Flavors, Specialty Starches, Acidulants, Preservatives, Emulsifiers, Colors, Enzymes and F&B Starter Culture
4.3.2 Market by Application: Bakery & Confectionery, Beverages, Dairy & Frozen Foods, Convenience Foods, Meat Products & Functional Foods/Beverages/Dietary Supplements
4.3.3 Market by Sales Channel: Retailers, E-commernce, and Others
4.3.4 The United Kingdom Speciality Food Ingredients Market
4.3.5 The Spanish Speciality Food Ingredients Market
4.3.6 The German Speciality Food Ingredients Market
4.3.7 The French Speciality Food Ingredients Market
4.4.1 Market by Ingredinets: Functional Food Ingredients, Sugar Substitutes, Flavors, Specialty Starches, Acidulants, Preservatives, Emulsifiers, Colors, Enzymes and F&B Starter Culture
4.4.2 Market by Application: Bakery & Confectionery, Beverages, Dairy & Frozen Foods, Convenience Foods, Meat Products & Functional Foods/Beverages/Dietary Supplements
4.4.3 Market by Sales Channel: Retailers, E-commernce, and Others
4.4.4 The Chinese Speciality Food Ingredients Market
4.4.5 The Indian Speciality Food Ingredients Market
4.4.6 The Japanese Speciality Food Ingredients Market
4.5.1 Market by Ingredients: Functional Food Ingredients, Sugar Substitutes, Flavors, Specialty Starches, Acidulants, Preservatives, Emulsifiers, Colors, Enzymes and F&B Starter Culture
4.5.2 Market by Application: Bakery & Confectionery, Beverages, Dairy & Frozen Foods, Convenience Foods, Meat Products & Functional Foods/Beverages/Dietary Supplements
4.5.3 Market by Sales Channel: Retailers, E-commernce, and Others
4.5.5 Brazilian Speciality Food Ingredients Market
7.1.1 Growth Opportunities for the Global Speciality Food Ingredients Market by Ingredients
7.1.2 Growth Opportunities for the Global Speciality Food Ingredients Market by Application
7.1.3 Growth Opportunities for the Global Speciality Food Ingredients Market by Sales Channel
7.1.4 Growth Opportunities for the Global Speciality Food Ingredients Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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