According to a new market report published by Lucintel, the future of the fillers in the food market looks promising with opportunities in the processed meat, seafood, dairy & bakery, food supplement, and beverage industries. Fillers in the food market are expected to grow at a CAGR of 3.7% from 2019 to 2024. The major growth drivers for this market are increasing demand for processed food and growth in food supplements products.
Browse 111 market data tables and 120 figures spread through 179 pages and in-depth TOC on “Fillers in the Food Market"
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In this market, different types of fillers in the food such as talc, calcium carbonate, cellulose, starch, flour, and others are used as filler type. On the basis of comprehensive research, Lucintel forecasts that starch will remain the largest filler type and it is also expected to witness the highest growth over the forecast period due to increasing demand for low fat dairy and bakery products.
Within the filler for food market, processed meat and seafood will remain the largest application due to increasing demand for poultry based products and rising disposable income. Food supplement is expected to witness the highest growth in the forecast period supported by increasing health awareness among consumers.
APAC will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period due to increasing per capita income and working population leading the demand for processed and packaged food products.
An emerging trend that has a direct impact on the dynamics of fillers for the food industry includes shift towards natural food fillers. Cargill, Imerys, Omya, Mondo Minerals, Nippon Talc, and Rayonier Advanced Materials and others are among the major fillers in the food manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the fillers in the food market by application, filler type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Fillers in the Food Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the fillers in the food market by application, filler type, and region as follows:
By Application [Volume (kt) and $M shipment analysis for 2013 – 2024]:
Processed Meat and Seafood
Dairy and Bakery
Food Supplement
Beverage and Others
By Filler Type [Volume (kt) and $M shipment analysis for 2013 – 2024]:
Starch
Cellulose
Calcium Carbonate
Talc
Others
By Region [Volume (Kilotons) and $M shipment analysis for 2013 – 2024]:
North America
Europe
Asia Pacific
The Rest of the World
This 179-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fillers-in-food-industry.aspx or helpdesk@lucintel.com.
About Lucintel
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