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Specialty Food Ingredients Market - Global Opportunity Analysis and Industry Forecast, 2021-2030

Market Analysis 

The Specialty Food Ingredients Market is likely to grow at a healthy CAGR between 2018-2023, reveals the new Market Research Future (MRFR) report. Food ingredients offer unique flavors, functionalities, nutrients, textures, and color to processed or cooked food products. These ingredients are added for enhancing the flavor and taste of processed food items. Specialty food ingredients are used for various purposes, such as enhance the color of a product or preserve its texture. It has wide applications in functional food/beverages/dietary supplements, meat products, convenience foods, dairy and frozen foods, and bakery and confectionery. 

Numerous factors are adding to the Specialty Food Ingredients Market demand. Such factors, as revealed by the latest MRFR report, include a rising preference for taste, growing awareness about food safety and health & wellness, changing dietary habits and lifestyle, consumers increasing purchasing power, need to improve the shelf life of food products, rising acceptance of natural ingredients, and launch of new products. Additional factors adding market growth include burgeoning demand for convenience, growing middle-class population, changing demographics, and rising global population. The increasing popularity of ready-to-eat, easy-to-go beverages, canned and frozen food, confectioneries, and breakfast cereals are also propelling the market growth. 

On the contrary, certain health hazards related to food additives, strict regulations, increasing intense research requirements, and high barriers to entry are factors that may limit the Specialty Food Ingredients Market growth over the forecast period. 

Industry News

Whole Earth has launched new collagen products and sugar substitute line Whole Earth INFUSIONS that is infused with collagen peptides and turmeric, and is keto-friendly and has zero sugar. 

Market Segmentation

The Market Research Future Report provides an inclusive segmental analysis of the Specialty Food Ingredients Market based on ingredients and applications. 

By ingredients, the Specialty Food Ingredients Market is segmented into F&B starter cultures, enzymes, colors, emulsifiers, preservatives, acidulants, specialty starches, flavors, sugar substitutes, antioxidants, minerals, and vitamins. 

By applications, the Specialty Food Ingredients Market is segmented into functional food/beverages/dietary supplements, meat products, convenience foods, dairy and frozen foods, and bakery and confectionery. 

Regional Analysis

By region, the global Specialty Food Ingredients...

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