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Global Specialty Food Ingredients Market: Industry Analysis & Outlook (2017-2021)
1. Global Specialty Food Ingredients
Market: Industry Analysis & Outlook
-----------------------------------------
(2017-2021)
Industry Research by Koncept Analytics
1
January 2018
Global Specialty Food Ingredients Market:
Industry Analysis & Outlook (2017-2021)
2. Executive Summary
2
Global Specialty Food Ingredients Market: Industry
Analysis & Outlook (2017-2021)
A number of ingredients contribute to various functions in the preparation of a variety of food products. In
ancient times, salt was the main ingredient used for canning meat and fish, and then with various herbs and
spices to improve the taste of food, and fruit was preserved with sugar, and cucumber was marinated with
vinegar. Unlike ancient times, modern consumers can choose from a wide range of foods that are available in
different tastes, colors, with high nutritional values. This change in the storage and accessibility of various
food products was made possible by additives or ingredients to a large extent, which contributed to
technological innovation.
Food ingredients can be broadly split into specialty food ingredients and bulk food ingredients. Specialty food
ingredients are key determinants of food products to get the desired taste, appearance, nutritional
properties, and functionality. Bulk food ingredients are used in packaged, processed foods and ready to eat
foods like confectionery items, biscuits, and chocolates. Food ingredients market is further segmented into
preservatives, sweeteners, color additives, flavors and spices, flavor enhancers, fat replacers, nutrients,
emulsifiers, and acidulants. These ingredients help to ensure the availability of flavored, nutritious, safe,
convenient, colorful and affordable foods that meet the expectations of consumers.
The key factors driving growth of the global food ingredient industry include rising global population,
changing demographics, escalating middle class population and growing demand for convenience. Some of
the noteworthy trends and developments of this industry include launch of new products, increasing
acceptance of natural ingredients, growing awareness towards health and wellness, food safety, increasing
preference for taste, and rising demand from emerging economies. However, the growth of the industry is
being hindered by high barriers to entry, rising intense research requirements and stringent regulations
along with various health hazards associated with food additives.
The report “Global Specialty Food Ingredients Market: Industry Analysis & Outlook (2017-2021)” by Koncept
Analytics provides an extensive research and detailed analysis of the present market along with future
outlook. The report discusses the major growth drivers and challenges of the market, covering the global
market. It profiles the key players of the market including Tate & Lyle, Royal DSM, Dow DuPont and Kerry
Group.
3. Rising middle class population and increasing health awareness supported the growth specialty
food ingredients market.
3
Global Specialty Food Ingredients Market: Industry
Analysis & Outlook (2017-2021)
Specialty Ingredients Market Forecast by Value (2016-2021)
Global Food Ingredients Market Forecast by Value (2016-2021)
Specialty Ingredients Market by Type (2016)
• The global food ingredients market is expected to reach
US$... billion in 2021, increasing from US$... billion in
2016, recording growth at a CAGR of ….% for the period
spanning 2016-2021.
• The global specialty ingredients market is expected to
reach US$... billion in 2021, increasing from US$...
billion in 2016, recording growth at a CAGR of ….% for
the period spanning 2016-2021.
• In 2016, the global market for specialty ingredients
comprised …% of texturants followed by …% of
nutritional ingredients. Flavours and Sweeteners
captured …% and …% shares of specialty food
ingredient market respectively.
2016 2017 2018 2019 2020 2021
US$Billion
Texturants Nutritional Ingredients
Flavours Sweeteners
Flavour Enhancers Acidulants
Food Colors Enzymes
Food Preservatives Cultures
2016 2017 2018 2019 2020 2021
US$Billion
4. Increasing preference for taste and growing demand for packaged food will drive specialty food
ingredients market globally…
4
Global Specialty Food Ingredients Market: Industry
Analysis & Outlook (2017-2021)
Global Sweeteners Market Forecast by Value (2016-2021)Global Food Colours Market Forecast by Value (2016-2021)
Global Flavours Market Forecast by Value (2016-2021)
• The global flavours market is expected to reach US$...
billion in 2021, increasing from US$... billion in 2016,
recording growth at a CAGR of ….% for the period
spanning 2016-2021.
• The global food colours market is expected to reach
US$... billion in 2021, increasing from US$... billion in
2016, recording growth at a CAGR of ….% for the period
spanning 2016-2021.
• The global sweeteners market is expected to reach
US$... billion in 2021, increasing from US$.... billion in
2016, recording growth at a CAGR of ….% for the period
spanning 2016-2021.
2016 2017 2018 2019 2020 2021
US$Billion
2016 2017 2018 2019 2020 2021
US$Billion
2016 2017 2018 2019 2020 2021
US$Billion
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