Global food inclusions market is expected to project a robust growth in the forecast period, 2024-2028 with an impressive CAGR on the account of rising instances of better quality and flavored food. Food inclusions are the extra ingredient that are often added in the food to enhance is flavor, texture, and other organoleptic properties. These ingredients enhance the sensory properties of the food and thereby are so much in demand in the global market. Moreover, increasing urbanization, changing lifestyles, and advancing consumer palates are some of the major growth driving factors of the global food inclusions market in the upcoming market. Also, the market sees an urgent surge in the demand of the flavored and textured food products due to the rising demands from children, and young adults. Flavored milk additives, flavored cookies, etc. are in demand and thereby supporting the growth of the global food inclusions market in the upcoming five years. Furthermore, processed food are readily acceptable by parents for the added nutrient value, which further comes from the various kinds of the food inclusions, these factors are majorly responsible for the growth of the global food inclusions market in the next five years.
The global food inclusions market is segmented by type, application, form, competitional landscape, and regional distribution. Based on type, the market is further bifurcated into chocolate, fruit & nut, flavored sugar & caramel, confectionery, and others like biscuit, cookie, color, and bean & plant-based inclusions. Chocolate food inclusions are anticipated to hold the largest shares of the market on the account of variety of the chocolate inclusions found at. Combined with different fruits and nuts as a combination chocolate food flavoring is demanded by children, and adults likewise. Fruit & nut segment is also expected to show significant growth in the upcoming five years on the account of added nutrient value they offer in the food. Moreover, health conscious consumers are more inclined toward fruity and nutty food inclusions to satisfy the nutrient lacks that is otherwise experienced in the ordinary food.
Holding the major shares of the global food inclusions market are Cargill Corporations, Archer-Daniels-Midland Company (ADM), Barry Callebaut, Sensient Technologies Corporation, Puratos Group, Taura Natural Ingredients Ltd., Georgia Nut Company Inc., Nimbus Foods Industries Ltd., TruFoodMfg, Tate & Lyle PLC, among others. Market players are actively involved in the research and technological development in the product manufacturing. The advanced technology has made it possible for the food & beverages industry to provide excellent eatables and drinks through food inclusions. Further advancement would aid the market value and brand establishment in the future five years.
Objective of the Study
- To analyze the historical growth of the market size of global food inclusions market from 2018 to 2021.
- To estimate and forecast the market size of global food inclusions market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast global food inclusions market based on type, application, form, competitional landscape, and regional distribution.
- To identify dominant region or segment in the global food inclusions market.
- To identify drivers and challenges for global food inclusions market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global food inclusions market.
- To identify and analyze the profile of leading players operating in global food inclusions market.
- To identify key sustainable strategies adopted by market players in global food inclusions market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of global Food Inclusions market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience
- Manufacturers, end users, and other stakeholders
- Distributers and suppliers of products and other stakeholders
- Organizations, forums, and alliances related to food inclusions
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2022 |
Historical Years | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Type · Application · Form |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Kuwait |
Key Companies Profiled | Cargill Corporations, Archer-Daniels-Midland Company (ADM), Barry Callebaut, Sensient Technologies Corporation, Puratos Group, Taura Natural Ingredients Ltd., Georgia Nut Company Inc., Nimbus Foods Industries Ltd., TruFoodMfg, Tate & Lyle PLC. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |