Food Inclusions Market - Global Industry Forecast to 2029

Report - ID620372 | 06 February, 2020 | Food and Beverage | 100 pages | Report Type (Global) | Publisher Name - RFM

By Type (Chocolate, Fruit & nut, Flavoured sugar & caramel, Confectionery, Others), Application (cereal products, snacks, and bars, bakery products, dairy & frozen desserts, chocolate & confectionery products, others), Form (Pieces, Chips & nibs, Nuts, Flakes & crunches, Powder, Liquid), Flavour (Fruit, Nut, Savory, Chocolate & caramel) Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Analysis:

Food Inclusions Market is expected to reach USD 25.89 billion by 2029 in the forecasted period of 2020-2029 with a substantial CAGR of 8.25%. Market growth is due to functional properties of food inclusions along with improved product appeal; white label, non-GMO and allergens-free inclusions; and taste patterns and sensitive development of new flavour profiles that offer new growth avenues.

Food inclusions are components which help to improve sensory properties and also increase texture in combination with organoleptic properties when added to food products. The increasing demand for pure labeling supplements and the changing lifestyle of the population paved the way for food to become part of the market. Product inclusions can be customized to the ideal taste and texture due to high demand in food products. Added food ingredients that also help to convey the value of product safety and thus increase market appeal.

Market Definition:

Food inclusions are components that help to improve sensory properties and also increase texture when added to food products along with organoleptic properties. The increasing demand for pure labeling supplements and the changing population lifestyle have paved the way for food to become a part of the market. The food inclusions can be tailored to a desired flavor and texture due to the high competition in food products. Introduced food ingredients that also serve to communicate the importance of safety of goods, and thus improve market appeal.

Food Inclusions Market Scope and Market Size

Food Inclusions Market has been segmented on the basis of type, application, form, flavour.

  • On the basis of type, the Food Inclusions Market is segmented into chocolate, fruit & nut, flavoured sugar & caramel, confectionery, others.
  • Based on application, Food Inclusions Market is segmented into cereal products, snacks, and bars, bakery products, dairy & frozen desserts, chocolate & confectionery products, others.
  • Basis of form, the Food Inclusions Market is segmented into pieces, chips & nibs, nuts, flakes & crunches, powder, liquid.
  • Based on flavour the Food Inclusions Market is segmented into fruit, nut, savoury, chocolate & caramel

Country Level Analysis of Food Inclusions Market

  • On the basis of region, the Food Inclusions Market is segmented into North America and South America, Asia Pacific, Europe and Middle East and Africa.
  • Countries covered under North and South America region are Canada, Mexico, Brazil, Rest of Americas, along with Germany, France, United Kingdom, Italy, Spain, Rest of Europe covered under Europe region and Japan, China, India, Australia, Rest of Asia-Pacific covered under Asia-Pacific region.
  • The largest share of the European market is expected in the forecasted period. This can be attributed primarily to factors such as the large-scale production and domestic consumption of food inclusions in the country, which is fueled by the desire of food & beverage producers to experiment with the use of novel ingredients to cater for customer indulgence. Due to the increased consumption of inclusions and creative use, consistent with taste profile and other customer requirements, and the Westernization of diets, the market in Asia-Pacific is expected to grow at the highest CAGR.
  • The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of sales channels are considered while provided forecast analysis of the country data.

Key Developments in the Market:

  • In November 2019, CP Kelco announced the launch of NUTRAVA Citrus Fiber at the Food Ingredients Europe conference in Paris. It comes from the complete citrus peel and does not require a European electronic number. It is a pure ingredient. CP Kelco creates a brand awareness in Europe and worldwide for its users by launching it.
  • In October 2019, Taura Natural Ingredients is planning to launch Jus Fruit Fibre+ at Food Ingredients Europe (Fi Europe) scheduled for Dec. 3-5 in Paris. Fruit additives provide benefits to the fiber without sacrificing on taste or texture, according to the product.  Foods with more than 20 grams of fiber per 100 gram serving may be produced with Jus Fruit Fibre+, which is available as a single kit, paste or snacks box.

Competitive Analysis and Food Inclusions Market Share Analysis:

Food Inclusions Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of food inclusions market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Food Inclusions Market competitive landscape provides details by competitors. Details included are company overview which includes Company focus, business segment, product categories, revenue generated, and global presence. Food inclusions market report also provides information on recent financials and R&D expenditures over the years from 2020 to 2029.

Key Market Competitors:

Few of the major competitors currently working in the food inclusions market are Cargill, Incorporated., ADM, Barry Callebaut, Kerry Inc. , Tate & Lyle, AGRANA Beteiligungs-AG3, Sensient Technologies Corporation, PURATOS , SensoryEffects, Inc. dba Balchem Ingredient Soltuions, Taura Natural Ingredients Ltd, GEORGIA NUT COMPANY, Inclusion Technologies,. Nimbus Foods Ltd, TruFoodMfg., FoodFlo International Ltd, Confection by Design and many others.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved
Leave a Message