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The food processing ingredients market was valued at USD 39.16 Billion in 2017; this is projected to reach USD 55.99 Billion by 2023, at a CAGR of 6.2% during the forecast period. <br>Read more: https://www.marketsandmarkets.com/Market-Reports/food-processing-ingredient-market-265787038.html<br>
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MarketsandMarkets™ Presents Food Processing Ingredients Market- Global Forecast 2023 https://www.marketsandmarkets.com/Market-Reports/food-processing-ingredient-market-265787038.html
The report "Food Processing Ingredients Market by Type (Modified Starch & Starch Derivatives, Proteins, Food Stabilizers, Emulsifiers, Yeast, Enzymes, Acidity Regulators, Antioxidants, and Release Agents), Form, Source, Application, and Region - Global Forecast to 2023", The food processing ingredients market is estimated to be valued at USD 41.40 Billion in 2018 and is projected to reach USD 55.99 Billion by 2023, at a CAGR of 6.2%. The market is growing, due to a rising global awareness toward the consumption of healthy products, and a booming trend of adopting clean labels, which has led to the increase in the demand for natural food processing ingredients. Additionally, a rapid increase in the adoption of processed food products, due to changing lifestyles, an increase in the number of dual-income households, and working women population have led to the growing demand for food processing ingredients. Browse 85 market data Tables and 50 Figures spread through 195 Pages and in-depth TOC on "Food Processing Ingredients Market by Type (Modified Starch & Starch Derivatives, Proteins, Food Stabilizers, Emulsifiers, Yeast, Enzymes, Acidity Regulators, Antioxidants, and Release Agents), Form, Source, Application, and Region - Global Forecast to 2023“ The periodization considered for the study is as follows: Base year: 2017 Forecast period: 2018 to 2023 Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=265787038
Modified starch & starch derivatives are estimated to form the largest segment in 2018 The food processing ingredients market, by type, is estimated to be dominated by the modified starch & starch derivatives segment. The demand for this type of food processing ingredient is majorly derived from various processed food products such as cream fillings, canned products, sauces, and soup mixes. These are typically used as thickeners and stabilizers in such products. The increase in population, a rise in demand for processed food products, and abundant availability of raw materials such as corn and wheat have been aiding market growth for the segment. Dry food processing ingredients are estimated to form the larger segment in 2018 The dry food processing ingredients market, by form, is estimated to be the larger segment in 2018. The market for dry food processing ingredients is estimated to dominate the market. Dry food processing ingredients are widely used in the market, owing to their provision of better stability in food processing techniques and their ease of handling. Additionally, dry processing ingredients are also subject to minimal thermal damage. Natural food processing ingredients segment is estimated to be the largest in 2018 The natural food processing ingredients segment is estimated to dominate in 2018 and is also projected to be the fastest-growing through 2023. Increase in consumer preferences for healthy and natural food processing ingredients is expected to be favoring the growth for the market. Consumption patterns in urban areas, influenced by busy lifestyles, represent the enhanced need for food products with health benefits, which are propelling the growth of the natural food processing ingredients market. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=265787038
Scope of the Report: This research report categorizes the food processing ingredients market based on type, form, source, application, and region. Based on Type, the market has been segmented as follows: • Modified starch & starch derivatives • Protein • Food stabilizers • Emulsifiers • Yeast • Enzymes • Acidity regulators • Antioxidants • Release agents Based on Form, the market has been segmented as follows: • Dry • Liquid Based on Source, the market has been segmented as follows: • Natural • Synthetic Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=265787038
Based on Application, the market has been segmented as follows: Bakery & confectionery products Beverages Convenience foods Dairy & frozen desserts Others* Based on Region, the market has been segmented as follows: North America Europe Asia Pacific RoW (South America, the Middle East, and Africa) Asia Pacific is projected to be the fastest-growing market during the forecast period The Asia Pacific market is projected to grow at the highest CAGR from 2018 to 2023. Improved lifestyles and changed consumer perceptions have resulted in a rise in the demand for prepared, convenience, and processed foods in the region. A significant demand for better food quality has also led to improvements in processing and handling units, which has ensured market growth in the region. This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading service companies such as Cargill (US), ADM (US), DuPont (US), Ingredion (US), Tate & Lyle (UK), and Kerry Group (Ireland).
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