Food Ingredients Market: By Type (Functional Food Ingredient, Specialty Starch and Texturants, Sweetener, Flavours, Acidulates, Preservative, Emulsifiers, Colorants, Enzymes, Cultures, Proteins, Speciality Oils, and Yeast), By Application (Beverages, Sauces, Dressings, and Condiments, Bakery, Dairy, Confectionery, Dried Processed Food, Frozen/Chilled Processed Food, Sweet, and Savory Snacks, and Other Applications) and Geography  

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Food Ingredients Market Size was valued at USD 33.69 billion in 2023 and poised to grow at a significant CAGR of 7.9% over 2024-2030. Food Ingredients Market has various applications, they are used to enhance the appearance, taste, and color, and also used to preserve the food from decomposition upon storage which helps in commercial manufacturing and exporting of food products to various regions of the world. The market for these Food Ingredients Market is rapidly increasing due to the rise in demand for processed and packaged foods. Ready-to-eat, instant-prepared foods are showing a significant effect in the market for these Food Ingredients Market. Rapid urbanization and rising disposable income are key factors affecting the market for these products. The global Food Ingredients Market is surging owing to frequent acquisitions and launchings by the market players.

 

Food Ingredients Market Summary

Study Period

2024– 2030

Base Year

2023

CAGR

7.9%

Largest Market

Asia-Pacific

Fastest Growing Market

Asia Pacific
Food Ingredients Market Dynamics

Food Ingredients Market are seen a rapid growth in the forecast period due to increase in food chain sectors, increase in population, and rise in demand for processed food, urbanization, and driving of people towards the natural products. Increase in youthful population and women empowerment shows a significant effect in the processed foods which increases the market for these products.

Food Ingredients Market Segmentation

By Type
  • Functional Food Ingredient
  • Specialty Starch and Texturants
  • Sweetener
  • Flavors
  • Acidulants
  • Preservative
  • Emulsifiers
  • Colorants
  • Enzymes
  • Cultures
  • Proteins
  • Specialty Oils
  • Yeast
By Application
  • Beverages
  • Sauces, Dressings, and Condiments
  • Bakery
  • Dairy
  • Confectionery
  • Dried Processed Food
  • Frozen/Chilled Processed Food
  • Sweet and Savory Snacks
  • Other Applications
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

The food ingredients market is projected to expand at a CAGR of 7.9% during the forecast period  

ABS Food and Givaudan, AlgaVia, Archer Daniels Midland, Arla Foods Ingredients, Ashland Inc., Butter Buds Inc, Cargill Inc.

The key segments covered in the food ingredients market are: by type, application, geography  

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  1. Executive Summary
  2. Global Food Ingredients Market Introduction
    • Global Food ingredients Market - Taxonomy
    • Global Food ingredients Market -Definitions
      • By Type
      • By Application
  1. Global Food Ingredients Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Food Ingredients Market Dynamic Factors - Impact Analysis
    • Global Food Ingredients Market - Competition Landscape
  2. Global Food Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Food ingredients Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Functional Food Ingredient
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Specialty Starch and Texturants
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Sweetener
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Flavors
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Acidulates
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Preservative
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Emulsifiers
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Colorants
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Enzymes
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cultures
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Proteins
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Specialty Oils
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Yeast
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Food ingredients Market Forecast, By Application, 2019 - 2023 and Forecast, 2019 - 2025 (Revenue, USD Mn)
    • Beverages
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Sauces, Dressings, and Condiments
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Bakery
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Dairy
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Confectionery
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Dried Processed Food
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Frozen/Chilled Processed Food
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Sweet and Savory Snacks
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other Applications
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Food ingredients Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Food ingredients Market - Opportunity Analysis Index, By Type, Application, and Region, 2024 - 2030
  2. North America Food ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Functional Food Ingredient
      • Specialty Starch and Texturants
      • Sweetener
      • Flavors
      • Acidulants
      • Preservative
      • Emulsifiers
      • Colorants
      • Enzymes
      • Cultures
      • Proteins
      • Speciality Oils
      • Yeast
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Sauces, Dressings, and Condiments
      • Bakery
      • Dairy
      • Confectionery
      • Dried Processed Food
      • Frozen/Chilled Processed Food
      • Sweet and Savory Snacks
      • Other Applications
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Food ingredients Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030
    • North America Food ingredients Market Dynamics - Trends
  3. Europe Food ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Functional Food Ingredient
      • Specialty Starch and Texturants
      • Sweetener
      • Flavors
      • Acidulants
      • Preservative
      • Emulsifiers
      • Colorants
      • Enzymes
      • Cultures
      • Proteins
      • Speciality Oils
      • Yeast
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Sauces, Dressings, and Condiments
      • Bakery
      • Dairy
      • Confectionery
      • Dried Processed Food
      • Frozen/Chilled Processed Food
      • Sweet and Savory Snacks
      • Other Applications
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Food ingredients Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030
    • Europe Food ingredients Market Dynamics - Trends
  4. Asia-Pacific Food ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Functional Food Ingredient
      • Specialty Starch and Texturants
      • Sweetener
      • Flavors
      • Acidulants
      • Preservative
      • Emulsifiers
      • Colorants
      • Enzymes
      • Cultures
      • Proteins
      • Speciality Oils
      • Yeast
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Sauces, Dressings, and Condiments
      • Bakery
      • Dairy
      • Confectionery
      • Dried Processed Food
      • Frozen/Chilled Processed Food
      • Sweet and Savory Snacks
      • Other Applications
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Food ingredients Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030
    • Asia-Pacific Food ingredients Market Dynamics - Trends
  5. Latin America Food ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Functional Food Ingredient
      • Specialty Starch and Texturants
      • Sweetener
      • Flavors
      • Acidulants
      • Preservative
      • Emulsifiers
      • Colorants
      • Enzymes
      • Cultures
      • Proteins
      • Speciality Oils
      • Yeast
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Sauces, Dressings, and Condiments
      • Bakery
      • Dairy
      • Confectionery
      • Dried Processed Food
      • Frozen/Chilled Processed Food
      • Sweet and Savory Snacks
      • Other Applications
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Food ingredients Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030
    • Latin America Food ingredients Market Dynamics - Trends
  6. Middle East and Africa Food ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Functional Food Ingredient
      • Specialty Starch and Texturants
      • Sweetener
      • Flavors
      • Acidulants
      • Preservative
      • Emulsifiers
      • Colorants
      • Enzymes
      • Cultures
      • Proteins
      • Speciality Oils
      • Yeast
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beverages
      • Sauces, Dressings, and Condiments
      • Bakery
      • Dairy
      • Confectionery
      • Dried Processed Food
      • Frozen/Chilled Processed Food
      • Sweet and Savory Snacks
      • Other Applications
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Food ingredients Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030
    • MEA Food ingredients Market Dynamics - Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • ABS Food and Givaudan
      • AlgaVia
      • Archer Daniels Midland (ADM)
      • Arla Foods Ingredients
      • Ashland Inc.
      • Butter Buds Inc.
      • Cargill Inc. (USA)
      • Hansen Holding A/S
      • Corbion Purac (Netherlands)
      • Dupont- Danisco (Denmark)
      • I. Du Pont de Nemours and Company
      • E & R Food Ingredients B.V.
      • Florida Food, Inc.
      • Fiberstar, Inc.
      • General Mills, BASF
      • Glanbia Nutritionals
      • Hermes Sweeteners Ltd (Switzerland)
      • HR Hansen Group
      • Ingredion Incorporated
      • Kerry Group (Ireland)
      • Koninklijke DSM N.V.
      • Naturex S.A.
      • NutraGenesis LLC.
      • Palsgaard (Denmark)
      • Prinova Group LLC
      • Riken Vitamin (Japan)
      • Royal DSM N.V.
      • Stevia First Corporation (USA)
      • Solazyme
      • Tate & Lyle Plc (UK)
      • Z Trim Holdings, Inc.
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • ABS Food and Givaudan
  • AlgaVia
  • Archer Daniels Midland (ADM)
  • Arla Foods Ingredients
  • Ashland Inc.
  • Butter Buds Inc.
  • Cargill Inc. (USA)
  • Hansen Holding A/S
  • Corbion Purac (Netherlands)
  • Dupont- Danisco (Denmark)
  • I. Du Pont de Nemours and Company
  • E & R Food Ingredients Market B.V.
  • Florida Food, Inc.
  • Fiberstar, Inc.
  • General Mills, BASF
  • Glanbia Nutritionals
  • Hermes Sweeteners Ltd (Switzerland)
  • HR Hansen Group
  • Ingredion Incorporated
  • Kerry Group (Ireland)
  • Koninklijke DSM N.V.
  • Naturex S.A.
  • NutraGenesis LLC.
  • Palsgaard (Denmark)
  • Prinova Group LLC
  • Riken Vitamin (Japan)
  • Royal DSM N.V.
  • Stevia First Corporation (USA)
  • Solazyme
  • Tate & Lyle Plc (UK)
  • Z Trim Holdings, Inc.

Adjacent Markets