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Specialty Food Ingredients Market By By Ingredient (Fortified Food Ingredients, Flavors, Sugar Substitutes, Emulsifiers, Colors), By Application (Confectionery And Bakery, Diary And Beverages, Meat Products, Functional Foods) – Growth, Future Prospects And Competitive Analysis, 2016 – 2024

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Market Insights

This report, titled “Specialty Food Ingredients Market: Growth, Future Prospects, and Competitive Analysis, 2016–2024,” offers strategic insights into the trends in the specialty food ingredients market, along with the market’s size and forecast for the duration of 2013–2024. The said research study incorporates an in-depth analysis of multiple market segments based on ingredient type, application, and geographical distribution.

As players develop new products to reach their full capabilities and expand internationally, the global specialty food ingredients market is becoming increasingly competitive. In addition, several players are also focused on developing niche products for the market. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across North America, Asia Pacific, and Europe.

Based on ingredient type, the global specialty food ingredients market is categorized into fortified food ingredients, flavors, sugar substitutes, emulsifiers, colors, and others. On the basis of application, the global specialty food ingredients market is segmented into confectionery and bakery, dairy and beverage, meat products, functional foods, and others.

The market size and forecast for all the segments considered are presented in this report for the period 2013–2024 (US$ Bn), along with their respective CAGRs for the forecast period 2016–2024 (value%%).In terms of geographical distribution, the global specialty food ingredients are studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary, for the global specialty food ingredients market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development and provision of specialty food ingredients.

On the basis of application, the specialty food ingredients market is categorized into the following types:

  • Confectionery and bakery
  • Dairy and beverages
  • Meat products
  • Functional Foods
  • Others

The increasing rate of obesity and diabetes in developing and developed countries is prompting people to place a high emphasis on health, resulting in a higher demand for wellness-related ingredients from food companies. The specialty food ingredients market is also segmented on the basis of application, such as confectionery and bakery, dairy and beverages, meat products, functional foods, and others. In 2015, functional foods contributed the most to the total revenue of the specialty food ingredient market.

The segment is expected to expand at a stupendous compound annual growth rate over the forecast period. The growth and prosperity in developing countries such as China and India have led to rising personal disposable income and the ability to spend on various products. Rising demand for flavors and colors in specialty food ingredients is expected to impel the growth of the bakery and confectionery segment over the forecast period.

On the basis of ingredient type, the specialty food ingredients market is categorized into the following ingredient types:

  • fortified food ingredients
  • Flavors
  • Sugar substitutes
  • Emulsifiers
  • Colors
  • Others

The changing trend towards health food products showcases the enhanced purchasing power of consumers, ultimately providing a robust opportunity for food and beverage companies to increase their market share in such food products. The specialty food ingredients market is also segmented on the basis of ingredient types, such as fortified food ingredients, flavors, sugar substitutes, emulsifiers, colors, and others. Among these, the fortified food ingredients segment contributed the greatest share of the specialty food ingredients market’s total revenue in 2015.

The segment is expected to expand at an exponential compound annual growth rate over the forecast period due to increasing demand for nutraceutical products, which is anticipated in the next few years. The flavors and colors segment is anticipated to observe robust growth over the forecast period. This is due to the rising demand for specialty food ingredients in the bakery industry.

On the basis of geography, the global specialty food ingredients market is segmented into the following categories:

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Urbanization, along with changes in lifestyle and food habits, is intensifying packaged and processed food demand all across the globe. This is anticipated to impel the growth of the specialty food ingredients market over the forecast period. The global specialty food ingredients market is segmented on the basis of geography.

North America contributed the highest revenue share in the total specialty food ingredients market, with a contribution of more than 40% in 2015. The rising popularity of processed food in the U.S. has strengthened the growth of the region over the past few years. Following it, Europe finished second that year. Asia Pacific is anticipated to expand at a robust CAGR over the forecast period and is likely to expand at a higher CAGR till 2024 due to rising personal disposable income and increasing health awareness.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Specialty Food Ingredients Market Snapshot
2.1.1. Global Specialty Food Ingredients Market by Ingredient Type,2015
2.1.2. Global Specialty Food Ingredients Market by Application,2015
2.1.3. Global Specialty Food Ingredients Market by Geography,2015

3. Global Specialty Food Ingredients Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges During the Forecast Period, (2016-2023)
3.6. Market Positioning of Key Companies, 2015

4. Global Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
4.1. Overview
4.1.1. Market Share Analysis by Ingredient Type, 2015 vs. 2024
4.1.2. Attractive Investment Proportion by Ingredient Type
4.2. Fortified Food Ingredients
4.3. Flavors
4.4. Sugar Substitutes
4.5. Emulsifiers
4.6. Colors
4.7. Others

5. Global Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
5.1. Overview
5.1.1. Market Share Analysis by Application, 2015 vs 2024
5.1.2. Attractive Investment Proportion by Application
5.2. Confectionery and bakery
5.3. Diary and beverages
5.4. Meat products
5.5. Functional Foods
5.6. Others

6. Global Specialty Food Ingredients Market Size (US$), By Geography, 2013 – 2024
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2015 vs. 2024
6.1.2. Attractive Investment Proportion by Geography
6.2. North America Specialty Food Ingredients Market Analysis, 2013 – 2024
6.2.1. North America Specialty Food Ingredients Market Size (US$), By Country, 2013 – 2024
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. North America Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
6.2.2.1. Fortified Food Ingredients
6.2.2.2. Flavors
6.2.2.3. Sugar Substitutes
6.2.2.4. Emulsifiers
6.2.2.5. Colors
6.2.2.6. Others
6.2.3. North America Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
6.2.3.1. Confectionery and bakery
6.2.3.2. Diary and beverages
6.2.3.3. Meat products
6.2.3.4. Functional Foods
6.2.3.5. Others
6.3. Europe Specialty Food Ingredients Market Analysis, 2013 – 2024
6.3.1. Europe Specialty Food Ingredients Market Size (US$), By Region, 2013 – 2024
6.3.1.1. E.U. 7
6.3.1.2. CIS
6.3.1.3. Rest of Europe
6.3.2. Europe Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
6.3.2.1. Fortified Food Ingredients
6.3.2.2. Flavors
6.3.2.3. Sugar Substitutes
6.3.2.4. Emulsifiers
6.3.2.5. Colors
6.3.2.6. Others
6.3.3. Europe Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
6.3.3.1. Confectionery and bakery
6.3.3.2. Diary and beverages
6.3.3.3. Meat products
6.3.3.4. Functional Foods
6.3.3.5. Others
6.4. Asia Pacific Specialty Food Ingredients Market Analysis , 2013 – 2024
6.4.1. Asia Pacific Specialty Food Ingredients Market Size (US$), By Country, 2013 – 2024
6.4.1.1. China
6.4.1.2. India
6.4.1.3. Japan
6.4.1.4. Rest of Asia Pacific
6.4.2. Asia Pacific Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
6.4.2.1. Fortified Food Ingredients
6.4.2.2. Flavors
6.4.2.3. Sugar Substitutes
6.4.2.4. Emulsifiers
6.4.2.5. Colors
6.4.2.6. Others
6.4.3. Asia Pacific Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
6.4.3.1. Confectionery and bakery
6.4.3.2. Diary and beverages
6.4.3.3. Meat products
6.4.3.4. Functional Foods
6.4.3.5. Others
6.5. Latin America Specialty Food Ingredients Market Analysis , 2013 – 2024
6.5.1. Latin America Specialty Food Ingredients Market Size (US$), By Country, 2013 – 2024
6.5.1.1. Brazil
6.5.1.2. Mexico
6.5.1.3. Rest of Latin America
6.5.2. Latin America Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
6.5.2.1. Fortified Food Ingredients
6.5.2.2. Flavors
6.5.2.3. Sugar Substitutes
6.5.2.4. Emulsifiers
6.5.2.5. Colors
6.5.2.6. Others
6.5.3. Latin America Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
6.5.3.1. Confectionery and bakery
6.5.3.2. Diary and beverages
6.5.3.3. Meat products
6.5.3.4. Functional Foods
6.5.3.5. Others
6.6. Middle East & Africa (MEA) Specialty Food Ingredients Market Analysis , 2013 – 2024
6.6.1. MEA Specialty Food Ingredients Market Size (US$), By Region, 2013 – 2024
6.6.1.1. GCC
6.6.1.2. Rest of MEA
6.6.2. MEA Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
6.6.2.1. Fortified Food Ingredients
6.6.2.2. Flavors
6.6.2.3. Sugar Substitutes
6.6.2.4. Emulsifiers
6.6.2.5. Colors
6.6.2.6. Others
6.6.3. MEA Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
6.6.3.1. Confectionery and bakery
6.6.3.2. Diary and beverages
6.6.3.3. Meat products
6.6.3.4. Functional Foods
6.6.3.5. Others

7. Company Profiles
7.1. Competitive Dashboard
7.2. Key Manufacturers
7.2.1. Tate and Lyle Plc.
7.2.1.1. Business Description
7.2.1.2. Financial Information
7.2.1.3. Product Positions/Portfolio
7.2.1.4. Key Developments
7.2.2. E.I. DuPont de Nemours and Company
7.2.3. Sensient Technologies
7.2.4. Kerry Group
7.2.5. Cargill Inc.
7.2.6. Ingredion Incorporated
7.2.7. Royal DSM
7.2.8. Givaudan Flavors
7.2.9. Advanced Food Systems Inc.
7.2.10. Specialty Commodities

List of Figures

FIG. 1 Global Specialty Food Ingredients : Market Segmentation
FIG. 2 Global Specialty Food Ingredients Market: Research Methodology
FIG. 3 Market Positioning of Key Specialty Food Ingredients Companies, 2015
FIG. 4 Global Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2015 (US$ Mn)
FIG. 5 Global Specialty Food Ingredients Market Size (US$) By Fortified Food Ingredients, 2013 – 2024
FIG. 6 Global Specialty Food Ingredients Market Size (US$) By Flavors, 2013 – 2024
FIG. 7 Global Specialty Food Ingredients Market Size (US$) By Sugar Substitutes, 2013 – 2024
FIG. 8 Global Specialty Food Ingredients Market Size (US$) By Emulsifiers, 2013 – 2024
FIG. 9 Global Specialty Food Ingredients Market Size (US$) By Colors, 2013 – 2024
FIG. 10 Global Specialty Food Ingredients Market Size (US$) By Others, 2013 – 2024
FIG. 11 Global Specialty Food Ingredients Market Size (US$) By Application, 2013 – 2024
FIG. 12 Global Specialty Food Ingredients Market Size (US$) By Confectionery and Bakery, 2013 – 2024
FIG. 13 Global Specialty Food Ingredients Market Size (US$) By Dairy and Beverages, 2013 – 2024
FIG. 14 Global Specialty Food Ingredients Market Size (US$) By Meat Products, 2013 – 2024
FIG. 15 Global Specialty Food Ingredients Market Size (US$) By Functional Foods, 2013 – 2024
FIG. 16 Global Specialty Food Ingredients Market Size (US$) By Others, 2013 – 2024
FIG. 17 Global Specialty Food Ingredients Market Size (US$), By Regions, 2015 & 2024
FIG. 18 North America Specialty Food Ingredients Market Size (US$), 2013 – 2024
FIG. 19 Europe Specialty Food Ingredients Market Size (US$), 2013 – 2024
FIG. 20 Asia Pacific Specialty Food Ingredients Market Size (US$), 2013 – 2024
FIG. 21 Latin America (LATAM) Specialty Food Ingredients Market Size (US$), 2013 – 2024
FIG. 22 Middle East and Africa Specialty Food Ingredients Market Size (US$), 2013 – 2024

List of Tables

TABLE 1 Market Snapshot: Global Specialty Food Ingredients Market
TABLE 2 North America Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 3 North America Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 4 U.S. Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 5 U.S. Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 6 Canada Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 7 Canada Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 8 Europe Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 9 Europe Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 10 Germany Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 11 Germany Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 12 France Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 13 France Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 14 Italy Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 15 Italy Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 16 U.K. Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 17 U.K. Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 18 Russia Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 19 Russia Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 20 Rest of Europe Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 21 Rest of Europe Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 22 Asia Pacific Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 23 Asia Pacific Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 24 India Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 25 India Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 26 China Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 27 China Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 28 Japan Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 29 Japan Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 30 Rest of Asia Pacific Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 31 Rest of Asia Pacific Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 32 Latin America Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 33 Latin America Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 34 Brazil Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 35 Brazil Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 36 Mexico Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 37 Mexico Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 38 Rest of Latin America Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 39 Rest of Latin America Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 40 MEA Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 41 MEA Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 42 GCC Countries Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 43 GCC Countries Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 44 South Africa Specialty Food Ingredients Market Size (US$), By Ingredient Type, 2013 – 2024
TABLE 45 South Africa Specialty Food Ingredients Market Size (US$), By Application, 2013 – 2024
TABLE 46 Tate and Lyle Plc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 47 E.I. DuPont de Nemours and Company: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 48 Sensient Technologies.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 49 Kerry Group.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 50 Cargill Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 51 Ingredion Incorporated: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 52 Royal DSM.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 53 Givaudan Flavors: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 54 Advanced Food Systems Inc..: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 55 Specialty Commodities.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

Frequently Asked Questions:

What is the size of Specialty Food Ingredients Market?

The market for Specialty Food Ingredients Market is expected to reach US$ 106.3 Bn By 2024.

What is the Specialty Food Ingredients Market CAGR?

The Specialty Food Ingredients Market is expected to see significant CAGR growth over the coming years, at 5.9% .

What is the Forecast period considered for Specialty Food Ingredients Market?

The report is forecasted from 2016-2024.

What is the base year considered for Specialty Food Ingredients Market?

The base year of this report is 2015.

Who are the major players in this market?

Tate and Lyle Plc., E.I. DuPont de Nemours and Company, Cargill Inc., Advanced Food Systems Inc., Royal DSM are some of the major players in the global market.

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