Specialty Food Ingredients Market 2021-2025: 28% of Market Growth Develops from APAC

The specialty food ingredients market share is set to grow up to USD 41.36 billion, accelerating at a CAGR of 5.60% during the forecast period. The demand for specialty food ingredients in the food processing industries will offer immense growth opportunities to market vendors. Technavio's research report analyses the growth trajectory of the market with a purview of prevalent market scenarios.

In addition, the growing demand for natural ingredients owing to the rising awareness of the need for food safety is one of the major specialty food ingredients market trends that will support market growth. However, the high prices of nutraceutical ingredients may hamper market growth.

The specialty food ingredients market report also offers a breakdown of all the regional players and their market share along with the best-performing segments. It provides a detailed analysis of all the trends, drivers, and challenges that will impact the market during the forecast period. 

For a glimpse into the specialty food ingredients market research analysis and insights: View the Free Sample Report

Specialty Food Ingredients Market: APAC to lead market growth during the forecast period

• The specialty food ingredients market is segmented by Product (Nutraceutical ingredients, Flavors, Specialty starches, Acidulants, and Others), Application (Bakery and confectionery, Beverages, Sauces and condiments, and Others), and Geography (North America, APAC, Europe, South America, and MEA).
• Based on the product segmentation, the specialty food ingredients market growth in the nutraceutical ingredients segment will be significant during the forecast period.
• 28% of the market growth will originate from APAC during the forecast period. China is the key market for specialty food ingredients market in APAC. 
• Factors such as the significant increase in the disposable income of consumers and the rise in population in countries like India and China will drive the specialty food ingredients market in APAC. 
• The specialty food ingredients market report provides an accurate prediction of the contribution of all the geographic segments to the growth of the specialty food ingredients market size.

Specialty Food Ingredients Market: Vendor Landscape

The specialty food ingredients market is fragmented due to the presence of several players. Some of the major specialty food ingredients market vendors are:

• Archer Daniels Midland Co.
• Cargill Inc.
• Chr. Hansen Holding AS
• DuPont de Nemours Inc.
• Givaudan SA
• Ingredion Inc.
• Kerry Group Plc
• Koninklijke DSM NV
• Sensient Technologies Corp.
• Tate and Lyle Plc

Download the PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the growth of the market.  

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 5.60%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 41.36 billion.
    
3. What is a key factor driving this market?
   Demand for specialty food ingredients in food processing industries will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, APAC, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   28% growth will originate from APAC.
    
6. Who are the leading market vendors?
   The leading vendors in this market are Archer Daniels Midland Co., Cargill Inc., Chr. Hansen Holding AS, DuPont de Nemours Inc., Givaudan SA, Ingredion Inc., Kerry Group Plc, Koninklijke DSM NV, Sensient Technologies Corp., and Tate and Lyle Plc.
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Nutraceutical ingredients, Flavors, Specialty starches, Acidulants, and Others), Application (Bakery and confectionery, Beverages, Sauces and condiments, and Others), and Geography (North America, APAC, Europe, South America, and MEA).