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Food Processing Ingredient Market Size to Grow by USD 14.53 Billion, Natural Segment to be Largest Revenue-generating Source Segment - Technavio

·14 min read

NEW YORK , Sept. 22, 2022 /PRNewswire/ -- According to the research report "Food Processing Ingredient Market by Source and Geography - Forecast and Analysis 2022-2026", the market will witness a YOY growth of 4.8% in 2022 and a CAGR of 5.84% during the forecast period. The report is segmented by source (natural and synthetic) and geography (Europe, APAC, North America, South America, and Middle East and Africa).

Technavio has announced its latest market research report titled Global Food Processing Ingredient Market 2022-2026
Technavio has announced its latest market research report titled Global Food Processing Ingredient Market 2022-2026

Get a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Key Segment Analysis

The natural segment will be the largest contributor to market growth during the forecast period.  Natural ingredients have numerous medicinal benefits. Hence, they are used in various food and beverage items, such as sports drinks, functional foods, nutritional supplements, and medically prepared foods. Consumers are becoming highly conscious about the food that they consume. Hence, they prefer healthy and natural ingredients in food and beverage products. Such benefits will drive the food processing ingredient market growth during the forecast period.

Find additional highlights and key points on various market segments and their impact in the coming years. View our FREE PDF Sample Report

Geographical Market Analysis

Europe will provide maximum growth opportunities in the food processing ingredient market during the forecast period. According to our research, the region will contribute 38% of the global market growth. Germany and the UK are the two major countries in the food processing ingredient market in Europe. The growth of this region is attributed to factors such as the increasing preference for convenience foods such as ready-to-eat food products.

Vendor Insights

The food processing ingredient market is fragmented. Vendors are deploying the following growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • Agropur Dairy Cooperative

  • Archer Daniels Midland Co.

  • Arla Foods Ingredients Group PS

  • Ashland Global Holdings Inc.

  • Associated British Foods plc

  • BASF SE

  • Batory Foods

  • Cargill Inc.

  • Chr Hansen Holding AS

  • Clariant International Ltd.

  • Koninklijke DSM NV

  • Du Pont De Nemours Inc.

  • EPI INGREDIENTS

  • Ingredion Inc.

  • Kerry Group Plc

  • Olam International Ltd.

  • PRIME Ingredients Inc.

  • Puris

  • Solvay SA

  • Tate and Lyle Plc

Technavio's reports provide key strategic initiatives used by vendors, along with key news and the latest developments. View our FREE PDF Sample Report Now

Key Market Drivers and Challenges

The rising demand for processed food is driving the food processing ingredient market growth. This demand is primarily fueled by an expanding global middle class and a rise in the number of working women. Long shelf life is important for frozen goods. Hence, many frozen food makers have introduced new techniques to extend the shelf life of their products.

The lack of proper infrastructure in emerging economies is challenging the food processing ingredient market growth. Food processing ingredients need to be stored at a specific temperature to avoid contamination. Storage and manufacturing facilities are required at the final site as well as the supply chain. However, in emerging countries, the technologies used for producing food processing ingredients are not advanced. This is due to the high cost incurred in R&D and procurement of the latest technologies.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Customize Your Report

Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Technavio can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

Related Reports

Clean Label Ingredients Market by Application and Geography - Forecast and Analysis 2022-2026: The predicted growth for the clean label ingredients market share from 2021 to 2026 is USD 18.71 billion.

Global Specialty Food Ingredients Market by Product, Application, and Geography - Forecast and Analysis 2021-2025: The specialty food ingredients market share is expected to increase by USD 41.36 billion from 2020 to 2025

Food Processing Ingredient Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.84%

Market growth 2022-2026

USD 14.53 billion

Market structure

Fragmented

YoY growth (%)

4.8

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

Europe at 38%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Agropur Dairy Cooperative, Archer Daniels Midland Co., Arla Foods Ingredients Group PS, Ashland Global Holdings Inc., Associated British Foods plc, BASF SE, Batory Foods, Cargill Inc., Chr Hansen Holding AS, Clariant International Ltd., Koninklijke DSM NV, Du Pont De Nemours Inc., EPI INGREDIENTS, Ingredion Inc., Kerry Group Plc, Olam International Ltd., PRIME Ingredients Inc., Puris, Solvay SA, and Tate and Lyle Plc

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Staples Market Reports

Table of Contents

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2021

  • 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Source

  • 5.1 Market segments

  • 5.2 Comparison by Source

  • 5.3 Natural - Market size and forecast 2021-2026

  • 5.4 Synthetic - Market size and forecast 2021-2026

  • 5.5 Market opportunity by Source

6 Customer Landscape

  • 6.1 Customer landscape overview

7 Geographic Landscape

  • 7.1 Geographic segmentation

  • 7.2 Geographic comparison

  • 7.3 Europe - Market size and forecast 2021-2026

  • 7.4 APAC - Market size and forecast 2021-2026

  • 7.5 North America - Market size and forecast 2021-2026

  • 7.6 South America - Market size and forecast 2021-2026

  • 7.7 Middle East and Africa - Market size and forecast 2021-2026

  • 7.8 US - Market size and forecast 2021-2026

  • 7.9 China - Market size and forecast 2021-2026

  • 7.10 Germany - Market size and forecast 2021-2026

  • 7.11 UK - Market size and forecast 2021-2026

  • 7.12 Japan - Market size and forecast 2021-2026

  • 7.13 Market opportunity by geography

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers

  • 8.2 Market challenges

  • 8.3 Impact of drivers and challenges

  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview

  • 9.2 Vendor landscape

  • 9.3 Landscape disruption

  • 9.4 Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered

  • 10.2 Market positioning of vendors

  • 10.3 Arla Foods Ingredients Group PS

  • 10.4 Archer Daniels Midland Co.

  • 10.5 Ashland Global Holdings Inc.

  • 10.6 Associated British Foods plc

  • 10.7 Chr Hansen Holding AS

  • 10.8 Du Pont De Nemours Inc.

  • 10.9 Ingredion Inc.

  • 10.10 Kerry Group Plc

  • 10.11 Koninklijke DSM NV

  • 10.12 Tate and Lyle Plc

11 Appendix

  • 11.1 Scope of the report

  • 11.2 Inclusions and exclusions checklist

  • 11.3 Currency conversion rates for US$

  • 11.4 Research methodology

  • 11.5 List of abbreviations

About Us

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