Food Ingredient Market
Food Ingredient Market Study by Food Hydraulics, Food Enzymes, Food Flavors, and Food Colors from 2024 to 2034
Analysis of Food Ingredient Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Food Ingredient Market Outlook (2024 to 2034)
The global food ingredient market size is estimated to reach US$ 35.15 billion in 2024. Projections are that the market will expand at a CAGR of 4.9% to end up at US$ 56.79 billion by 2034.
In the food ingredient business space, flavors are rapidly evolving. The global market for natural food flavors is expected to grow significantly, mainly driven by rising consumer preference for natural and biotech flavors and more manufacturers tapping into this niche market.
- The market in South Korea is forecasted to expand at a CAGR of 6.2% through 2034.
- Canada is projected to hold a market share of 20.2% in North America, while the Mexico market is evaluated to expand at a CAGR of 5.2% between 2024 and 2034.
- The meat and poultry segment is projected to reach a value of US$ 5.85 billion by 2034.
Because natural food tastes have such large profit margins, more and more firms are entering the industry. In the next five to six years, several firms are expected to release goods with biotech flavors. In addition, producers should advertise their goods under natural and biotech labels to draw in more consumers and new ones. New entrants are anticipated to fuel the global food flavor market's expansion, making the food ingredient market size reach new heights.
Superfoods are defined as foods with extraordinarily high nutritional profiles and therapeutic qualities. Superfoods like matcha, chia, baobab, and turmeric are already popular. Social media makes it possible to spread the word about these food products that include superfoods, therefore there is a hopeful future for the demand for superfood components produced from plants, thus contributing to food ingredient market growth.
Essential food components used in the processed food and beverages industry to make packaged foods include stabilizers, thickeners, emulsifiers, and sweeteners. Because sugar solutions create a high osmotic pressure, they impart flavor, texture, and viscosity while also serving as a preservative. However, as the world's population grows and people get more stressed out by their jobs, they turn to packaged and processed meals to cut down on time and satiate their hunger. Additionally, as processed food becomes more widely available, consumer eating patterns are changing significantly.
| Report Attribute | Detail |
|---|---|
| Food Ingredient Market Size (2024E) | US$ 35.15 Billion |
| Forecasted Market Value (2034F) | US$ 56.79 Billion |
| Global Market Growth Rate (2024 to 2034) | 4.9% CAGR |
| United States Market Share (2034F) | 73.1% |
| Japan Market Growth Rate (2024 to 2034) | 5.8% CAGR |
| North America Market Share (2024E) | 22.6% |
| East Asia Market Growth Rate (2024 to 2034) | 5.5% CAGR |
| Key Companies Profiled | Cargill, Incorporated; Archer Daniels Midland Company (ADM); DuPont de Nemours, Inc.; Kerry Group; Ingredion Incorporated; Tate & Lyle PLC; Chr. Hansen Holding A/S; FMC Corporation; Naturex (Givaudan); Sensient Technologies Corporation; Corbion NV; DSM Nutritional Products; BASF SE; Associated British Foods plc (ABF); Ajinomoto Co., Inc. |
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What is Aiding Suppliers of Food Ingredients in Increasing Their Profit Margins?
“Market Benefiting from Growing Appetite for Fast Food Worldwide”
Growing demand for fast foods has been significantly influenced by the millennial generation. They introduce fresh culinary fads, which have a long-term impact on various ingredient classes. Food texturizers and gums have seen an increase in demand throughout time, and this trend is expected to continue as people's use of food for celebration and expression grows more and more common.
North America accounts for a high portion of the global fast food business. As neighboring countries also show a growing appetite for fast food and related products, demand in North America and Latin America remains strong. This rise in fast food consumption has increased the need for food additives and components that enhance the taste, texture, and sensory appeal of these products.
“Rising Demand for Food Enzymes, Flavors, and Colors”
Rising demand for bakery goods, fast food items, and desserts is indicative of a growing consumer preference for convenience food. Convenience food consumption is rising, with notable increases seen in Middle Eastern and African nations, China, Brazil, India, and other countries where per capita food expenditure rises in tandem with rising per capita income. The additives that give convenience meals their requisite organoleptic qualities and provide them a longer shelf life than average–both of which increase customer appeal–make up a significant portion of these products.
Demand for food enzymes, flavors, and colors rises in direct proportion to the growth in bread and confectionery food consumption. The rising demand for nutritious convenience meals like various kinds of protein and nutrition bars can be linked to a rise in the need for other food ingredients like starches and natural and synthetic gums.
What is Hurting Market Growth of Food and Ingredient Suppliers?
“Low Stability of Special Ingredients and Limited Shelf Life”
Limited shelf life and volatility of several specialized ingredients lead to significant challenges for suppliers of specialty food ingredients. Specialty components sometimes possess unique properties that add value for applications; yet, the same properties can also contribute to their unstable nature and short shelf life.
Many natural sources of specialized ingredients, such as fruits, vegetables, and herbs, are susceptible to degradation and expiry over time. These compounds could include flavorings, volatile substances, or active ingredients that spoil or lose their potency in the presence of air, light, or moisture. Because of this, some constituents may have a lower shelf life than highly processed or synthetic compounds.
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Country-wise Analysis
Demand for food ingredients has always been global. The market is expected to have a profitable future worldwide, particularly in major countries such as the United States, China, Japan, Canada, and South Korea, with the United States holding a significant food ingredient market share in North America.
What’s Increasing Revenue Streams of Suppliers in the United States?
“Rising Demand for Low-Calorie Food Products and Reduction in Overall Food Production Costs”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 5.89 Billion |
| Growth Rate (2024 to 2034) | 4.1% CAGR |
| Projected Value (2034F) | US$ 8.8 Billion |
Using hydrocolloids, such as gums, thickening agents, artificial flavors, and sweeteners, is one of the main strategies to reduce the calorie content of the food product. Because thickening agents and hydrocolloids lower the overall cost of food production while also helping products meet the low-calorie target for the consumer, which increases product appeal, both consumers and producers benefit from increased demand for low-calorie food products brought on by the rising prevalence of obesity. The several advantages of hydrocolloids, such as gums and thickeners, have been demonstrated to be advantageous for the rise in demand in the United States.
What is Favoring Food Ingredient Manufacturers in China?
“Expansion of Clean Label Movement Complementing Food Ingredient Sales Growth”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 5.98 Billion |
| Growth Rate (2024 to 2034) | 5.3% CAGR |
| Projected Value (2034F) | US$ 10.02 Billion |
More consumers are looking for products with natural, identifiable ingredients over artificial additions, preservatives, and chemicals. A burgeoning market for natural flavorings, colorants, and preservatives has resulted from food producers reformulating their goods with clean-label ingredients in response to this trend.
Manufacturers of food ingredients are coming up with creative ways to provide a broad array of clean-label options, such as natural extracts, plant-based components, and non-GMO substitutes. This movement is driving market expansion overall by encouraging producers to acquire high-quality, ethically sourced products, in addition to having an impact on consumer purchase decisions.
Category-wise Analysis
The market is divided into various categories, and suppliers are concentrating on different segments to ensure they maximize their profits globally.
What is Driving Preference for Diverse Food Flavors Over Specific Ingredients?
“Shift toward Engaging and Enjoyable Food Consumption”
| Attribute | Food Flavors |
|---|---|
| Segment Value (2024E) | US$ 11.04 Billion |
| Growth Rate (2024 to 2034) | 4.5% CAGR |
| Projected Value (2034F) | US$ 17.09 Billion |
Consumers are now primarily focused on food flavors available in the market. Instead of preferring specific food ingredients, they are showing a high level of interest in and enjoyment of various flavors. Whether it is the enticing aroma of vanilla, the comforting taste of cinnamon, or the refreshing zest of citrus, consumers are drawn to culinary flavors. This growing trend indicates a shift towards a more engaging and enjoyable way of consuming food products.
What is a Key Trend in the Bakery and Confectionery Segment?
“Focus on Innovation to Meet Changing Consumer Eating Preferences”
| Attribute | Bakery & Confectionary |
|---|---|
| Segment Value (2024E) | US$ 8.75 Billion |
| Growth Rate (2024 to 2034) | 4.7% CAGR |
| Projected Value (2034F) | US$ 13.91 Billion |
The culinary ingredients market is expanding, driven significantly by the bread and confectionery sectors. These industries utilize a diverse array of food items for various purposes, leading to an increasing demand for ingredients. This food ingredient market trend is fueled by evolving consumer preferences and the continuous introduction of new products, solidifying the bakery and confectionery sectors.
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Market Competition
Key players in the food ingredient market are trying to launch new product lines involving plant protein ingredients and natural food colors.
- In 2022, Tate & Lyle signed a strategic distribution collaboration with a leading erythritol supplier to launch Erytesse, a new sweetener. With this acquisition, Tate & Lyle is better able to help clients fulfill the growing demand from consumers for goods that are lower in calories, sugar, and/or fat.
- For a total enterprise value of US$ 453 million, Royal DSM and First Choice Ingredients, a well-known provider of savory flavorings derived from dairy, reached an agreement in 2022. First Choice Ingredients, with a focus on savory flavorings derived from dairy and fermented dairy products, is a company that enhances taste and functionality for a variety of food industry applications.
Fact.MR provides detailed information about the price points of key food ingredient manufacturers positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Key Segments of Food Ingredient Market Research
-
By Product Type :
- Food Hydrocolloids
- Plant Source
- Gun Arabic
- Guar Gum
- Locust Bean Gum
- Pectin
- Starches
- Others
- Microbial Source
- Xanthan Gum
- Curdlan
- Gellan Gum
- Seaweed Source
- Carrageenan
- Agar-Agar
- Alginate
- Synthetic Source
- Carboxymethylcellulose
- Methyl Cellulose
- Animal Source
- Food Enzymes
- Food Flavors
- Food Colors
- Food Hydrocolloids
-
By End Use :
- Dairy Products & Frozen Food
- Bakery & Confectionary
- Sauces, Dressings & Condiments
- Beverages
- Snacks & Savory
- Meat & Poultry Products
- Pet Food
-
By Function :
- Thickeners
- Stabilizers
- Gelling Agents
- Leavening Agents
- pH Control Agents
- Flavoring & Coloring Agents
- Emulsifiers
-
By Region :
- North America
- Latin America
- Eastern Europe
- Western Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Function 6.2. Product Type 6.3. End Use 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Function 7.1. Thickeners 7.2. Stabilizers 7.3. Gelling Agents 7.4. Leavening Agents 7.5. pH Control Agents 7.6. Flavoring & Coloring Agents 7.7. Emulsifiers 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type 8.1. Food Hydrocolloids 8.2. Microbial Source 8.3. Seaweed Source 8.4. Synthetic Source 8.5. Food Enzymes 8.6. Food Flavors 8.7. Food Colors 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 9.1. Dairy Products & Frozen Food 9.2. Bakery & Confectionary 9.3. Sauces, Dressings & Condiments 9.4. Beverages 9.5. Snacks & Savory 9.6. Meat & Poultry Products 9.7. Pet Food 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Function, Product Type, End Use, and Region for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Cargill, Incorporated 20.2. Archer Daniels Midland Company (ADM) 20.3. DuPont de Nemours, Inc. 20.4. Kerry Group 20.5. Ingredion Incorporated 20.6. Tate & Lyle PLC 20.7. Chr. Hansen Holding A/S 20.8. FMC Corporation 20.9. Naturex (Givaudan) 20.10. Sensient Technologies Corporation 20.11. Corbion NV 20.12. DSM Nutritional Product Types 20.13. BASF SE 20.14. Associated British Foods plc (ABF) 20.15. Ajinomoto Co., Inc. 21. Assumptions and Acronyms Functiond 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Function, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Function, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Function, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Function, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Function, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Function, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Function, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Function, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Function, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Function, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Function, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Function, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Function, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Function, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Function, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Function, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Function, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Function, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Function, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Function, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Function, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Function, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Function, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Function, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the food ingredient market in 2024?
The market for food ingredients is estimated to reach US$ 35.15 billion in 2024.
How is the market for food ingredients faring in the North American region?
The North America market is foreseen to expand at a CAGR of 4.2% and account for 21.2% share of the global market by 2034.
What is the estimated market size for Mexico by 2034?
The market in Mexico is projected to expand at a CAGR of 5.2% between 2024 and 2034.
At what rate is the market forecasted to advance in in South Korea?
The S. Korea market is approximated to advance at a CAGR of 6.2% between 2024 and 2034.
Which ingredient type accounts for high revenue generation?
The food colors segment is projected to expand at a CAGR of 5.1% through 2034.
Who are the main competitors in the food ingredient market?
Key market players are Cargill Incorporated, Archer Daniels Midland Company (ADM), DuPont de Nemours, Inc., and Kerry Group.
Food Ingredient Market