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TOPIC: Food Texturants Market Analysis Research Report By Opportunities & Challenges in Near Future with Different Segments
Market Research Future published a Half-Cooked Research Report on the Global Food Texturants Market, which is estimated to grow at a CAGR of 3.2% during the forecast period 2019-2024.
Market Overview: Food texturants are food additives used for providing texture and mouthfeel to the food dishes. The texture of the food products should be appealing enough to grab the attention of the consumers. The texture is one of the delivery mechanisms for taste. Rising number of ingredients used in the production process of any food products is creasting a need for food texturants in the market. The common food texturants include hydrocolloids, gums, stabilizers and others. They are widely used in various industries such as bakery and confectionery, dairy and frozen desserts, beverages, oil and fats, sweet and savory snacks, meat products, and others.
Market Forecast: Food Texturants Market Analysis are primarily extracted from a natural substance and used as a direct additive in products to provide the required physical appearance to the food products. Increasing inclination towards processed foods in developed countries is driving the market for food texturants. Consumers are constantly looking for new and satisfying sensory eating and drinking experiences which is influencing the food manufacturers for increasing the demand for food texturants.
Growing demand for processed meat and seafood is adding fuel to the growth of food texturants market. Moreover, new processing techniques used for product development have also perpetually raised the market for food texturants. However, few stringent laws and regulations may restrain the growth of the market during the estimated period. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 6.3% of food texturants market during the forecast period 2017-2023.
Market Segmentation:
The global food texturants market has been segmented based on type, category, and application.
By type, the global market has been classified as hydrocolloids, emulsifiers, stabilizers, and others. The hydrocolloids segment gained major market share in 2018 and is also expected to grow during the review period.
The global market has also been divided, on the basis of category, natural and synthetic. The synthetic market accounted the largest market share. However, the natural segment is expected to be the fastest growing segment from 2019 to 2024.
By application, the global market has been segmented into soups, sauces, & dips, sweet and savory snacks, meat, poultry, & seafood, dairy & frozen desserts, bakery & confectionery, beverages, and others. The bakery and confectionery market held the major market share and is also estimated to be the fastest growing segment during the forecast period.
Top Manufactures:
Archer Daniels Midland Company, Fiberstar Inc., Tic Gums Inc., Kerry Group, Danisco A/S, BASF, Cpkelco, Tate & Lyle PLC., Gelita AG Eberbach, Ingredion Incorporated, Csm NV, Cargill Inc., Südzucker AG, Ajinomoto Co Inc., and Royal DSM are key players of the global food texturants market.
Regional Analysis:
The global food texturants market has been studied with regard to four key regionsNorth America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America is expected to be at the forefront in the market owing to investments in development of new foods, penchant for exotic tastes by customers, and changing lifestyles of consumers.
But APAC is portended to lead by the end of 2024 due to demand for food texturants in sweet and savory snacks, meat, poultry, bakery products, and other items. China and India are expected to contribute majorly to the market.
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