Food Texturants Market | Survey, Trends, Outlook, Overview and Forecast to 2024

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iCrowdNewswire   Jan 13, 2021  11:25 AM ET

Market Overview

Food texturants are food additives that are used for improving the organoleptic properties of the food. Owning to consumers’ escalating demand for food products with high sensory qualities, the demand for food texturants is experiencing a surge on a global platform. Rise in number of ingredients used in the production process of the food products is creating a need for food texturants in the global market. The common food texturants used in the food and beverage market include hydrocolloids, gums, stabilizers and others. These ingredients are widely used in various segments of the food industries such as bakery and confectionery, dairy and frozen desserts, beverages, oil and fats, sweet and savory snacks, meat products, and others.

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Competitive Analysis

With manufacturers aiming to capture a considerable share of the market segment as early as possible, they are competing and experimenting with various advantage points from both supply and demand side. Industrial players are relying on strategic new product launch and high R&D investments to capture the growth opportunity. The key market players profiled in food texturants are Archer Daniels Midland Company (U.S.), Kerry Group PLC (Ireland), Cargill Incorporated (U.S.), DuPont Nutrition & Health (Denmark), AJINOMOTO (Japan), INGREDION INCORPORATED (U.S.), Tate & Lyle PLC. (U.K.) among many others.

Market Segments

The global Food Texturants Market has been divided into type, application, and region.

On The Basis Of Type: Hydrocolloids, Gums, Stabilizers, and Others

On The Basis Of Application: Bakery and Confectionery, Dairy and Frozen Desserts, Beverages, Oil and Fats, Sweet and Savory Snacks, Meat Products, and Others

Regional Analysis

Huge demand for processed & ready to eat meals along with growing inclination towards food additives is driving the European food texturants market. In North America, the U.S. and Canada are identified to be the prominent markets. Asia Pacific is the fastest growing market over the review period in which the developing countries such as China and India are the major contributors.

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