Global Food Processing Ingredient Market 2022-2026

Global Food Processing Ingredient Market 2022-2026

Technavio has been monitoring the food processing ingredient market and it is poised to grow by $ 14.53 bn during 2022-2026, accelerating at a CAGR of 5.84% during the forecast period. Our report on the food processing ingredient market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for processed food, a growing focus on organic food and clean label food items, and a rise in disposable income and changes in lifestyle.

The food processing ingredient market analysis includes source segment and geographic landscape.

Technavio's food processing ingredient market is segmented as below:

By Source

• Natural
• Synthetic

By Geographical Landscape

• Europe
• APAC
• North America
• South America
• The Middle East and Africa

This study identifies the rising consumption of ready-to-eat food products as one of the prime reasons driving the food processing ingredient market growth during the next few years. Also, advancements in food technology and natural preferred additive in the food industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on food processing ingredient market covers the following areas:

• Food processing ingredient market sizing
• Food processing ingredient market forecast
• Food processing ingredient market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food processing ingredient market vendors that include Agropur Dairy Cooperative, Archer Daniels Midland Co., Arla Foods Ingredients Group PS, Ashland Global Holdings Inc., Associated British Foods plc, BASF SE, Batory Foods, Cargill Inc., Chr Hansen Holding AS, Clariant International Ltd., Koninklijke DSM NV, Du Pont De Nemours Inc., EPI INGREDIENTS, Ingredion Inc., Kerry Group Plc, Olam International Ltd., PRIME Ingredients Inc., Puris, Solvay SA, and Tate and Lyle Plc. Also, the food processing ingredient market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.