According to a new market report published by Lucintel, the future of the food texture market looks promising with opportunities in dairy & frozen foods, bakery & confectionery, sauces & dressings, snacks & savory, beverages, and meat & poultry products. The global food texture market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are growing consumer preferences for consuming low-fat and good textured food, developing innovations in the food processing industry, and cost advantages provided by the substitutes.
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Food texture is the property of food that belong to a group of physical characteristics arising from the structural elements of the food. In this market, thickening, gelling, emulsifying, and stabilizing agents are the major functionalities of food texture. Lucintel forecasts that thickening will remain the largest functionality segment over the forecast period, as it is used for increasing the creaminess and improve viscosity and pulpiness of food.
Within this market, bakery and confectionary items will remain the largest application segment over the forecast period due to increasing demand for ready-to-eat foods and sweet food items.
North America will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to the increase in innovations in food solutions and increased demand for ingredients providing textures to food.
CP Kelco, Tate and Lyle, Ingredion, DuPont, Tic gums, Fiberstar, Kerry, Premium ingredients, Nexira, Naturex, and Ajinamoto are among the major suppliers in the global food texture market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global food texture market by functionality, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Food Texture Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global food texture market by functionality, application, and region as follows:
By Functionality [Value ($ Million) shipment analysis for 2014 – 2025]:
Thickening
Gelling
Emulsifying
Stabilizing Agents
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Dairy & Frozen Foods
Bakery & Confectionery
Sauces & Dressings
Snacks & Savory
Beverages
Meat & Poultry Products
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-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 visit us at helpdesk@lucintel.com.
About Lucintel
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