Scope of Food Inclusions Market in Upcoming Years

The market for food inclusions is estimated at USD 10.74 billion in 2018; it is projected to reach USD 15.78 billion by 2023, at a CAGR of 8.0%.

The food inclusions market is estimated at USD 10.74 billion in 2018. It is projected to reach USD 15.78 billion by 2023, at a CAGR of 8.0%. The growth in the food inclusions market is attributed to functional properties of food inclusions along with enhanced product appeal; clean label, non-GMO and allergen-free inclusions; and taste trends and responsive development of new flavor profiles offering new avenues for growth. The chocolate segment is projected to dominate the food inclusions market through the forecast period. The market for chocolate inclusions is largely driven by its flavor popularity and consumer inclination toward chocolate components in food products such as confectionery, ice cream, bakery, dairy, beverages, frozen desserts, and cereal products.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=43206052

The years and periodization considered for the study are as follows:

  1. Base year: 2017
  2. Beginning of the projection period: 2018
  3. End of the projection period: 2023

The food inclusions market, by application, was dominated by cereal products, snacks, and bars in 2018. Food inclusions, with their ability to enhance organoleptic properties and nutritional profile, are ideal ingredients for addition in cereal products, snacks, and bars, as they enhance product appeal. Consequently, inclusions are significantly consumed for use in products in this category, as their content has become the unique selling proposition (USP) and core factors of product marketing.

The nut form of food inclusions is projected to grow at a higher CAGR between 2018 and 2023. Nuts are popular among end consumers and largely used in major food & beverage applications, including bakery, chocolate & confectionery products, dairy & frozen desserts, cereal products, snacks & bars, and beverage products. Furthermore, the addition of nuts not only adds to the flavor and texture but significantly contributes toward the nutritional aspects of food & beverage products, which drives the growth of nut form in the food inclusions market.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=43206052

The Asia Pacific region is projected to be the fastest-growing market for food inclusions over the next five years, owing to an increase in overall economic growth, with diversity in income levels, technology, and demand from end consumers leading to enhanced scope for future growth. The main countries contributing significantly toward the growth of the market in this region are China, Japan, and Australia & New Zealand. China has always been a huge consumer base for food products, due to its large population base. The increasing purchasing power of consumers, due to the economic development in China and the influence of the Western culture on the Chinese urban middle-class, has led to an increase in demand for high- & premium-quality food products.

In this region, countries such as China and Japan are expected to account for a major share of the market. India is projected to be one of the fastest-growing markets for food inclusions in the Asia Pacific region.

This report studies the marketing and development strategies, along with the product portfolios of leading companies such Cargill (US), ADM (US), Barry Callebaut (Switzerland), Kerry (Ireland), Tate & Lyle (UK), AGRANA (Austria), Sensient Technologies (US), Puratos Group (Belgium), SensoryEffects (US), Taura Natural Ingredients (New Zealand), Georgia Nut Company (US), Inclusion Technologies (US), Nimbus Foods (UK), IBK Tropic (Spain), TruFoodMfg (US), FoodFlo International (New Zealand), and Confection by Design (UK).

Read more
Loading...

Comments

No comments to display.

Related posts

Call for Applications: Go Ignite Global Call

Start-ups working on solutions in IoT, Big Data Analytics, Cyber Security, Artificial Intelligence, 5G and Customer Experience Enhancement are encouraged to apply.
Application Deadline in 11 days

EU's Call for Proposals: Digital technologies for improved performance in cognitive production plants

Proposals need to develop new technologies to realise cognitive production plants, with improved efficiency and sustainability, by use of smart and networked sensor technologies, intelligent handling and online evaluation of various forms of data streams as well as new methods for self-organizing processes and process chains.
Application Deadline in 4 days

Increased Consumption of Plant-Based Protein Diets to Mitigate the Incidence of Type 2 Diabetes

The < a href = "https://www.marketsandmarkets.com/Market-Reports/wheat-protein-market-67845768.html">wheat protein market</a> is estimated at USD 2.04 Billion in 2017 and is projected to reach USD 2.58 Billion by 2022, at a CAGR of 4.8% from 2017. The wheat protein market has been largely driven by the growing demand for bakery products, the increasing popularity of plant-based foods, wheat protein being a suitable alternative for non-animal protein among vegans coupled with nutritional benefits for lactose-intolerant consumers.

Increase in Use of Crop Protection Products in Developing Countries Drives the Pesticide Inert Ingredients Market

The pesticide inert ingredients market is projected to reach USD 4.7 billion by 2023, from USD 3.5 billion in 2018, at a CAGR of 6.14% during the forecast period. The market is driven by factors such as the increasing demand for specific inert ingredients in pesticide formulation and capability of inert ingredients to improve the efficacy of pesticide application.

Pilot plant to turn sugarcane waste into biofuel and beer bottles

Their patented REACH technology, developed by US parent company Mercurius Biorefining, has the potential to convert sugarcane bagasse and other biomass into cost effective drop-in biofuels and bio-chemicals , as alternatives to fossil fuels.

Call for applications: The Entrepreneurship World Cup

The Entrepreneurship World Cup is more than just a global pitch competition with a shot at life-changing prizes. With 100,000 entrants from around the world, EWC elevates entrepreneurs – providing you with tools and resources to grow your venture. It doesn’t matter how far you’ve come – idea-stage, early-stage, growth-stage or beyond – EWC can put you on the right course. Leverage world-class content in the EWC Accelerator to: unleash your ideas, hone your pitching skills and engage with a global network of mentors. And, oh yeah, compete for those life-changing prizes, together with business opportunities and investment.
Application Deadline in 3 months

EU's Call for Proposals: EGNSS applications fostering digitisation

Actions should deliver new innovative applications, with commercial impact and a clear market uptake perspective (a Business Plan is required as part of the proposal). The proposed EGNSS applications may integrate digital technologies like Internet of Things (IoT), cloud computing, big data and robotics.
Application Deadline in 16 days

Growing Farm Labor Issues due to Higher Costs and Availability Drives the Smart Harvest Market Ma

The smart harvest market is projected to reach USD 15.6 billion by 2023, from USD 9.0 billion in 2018, at a CAGR of 11.81% during the forecast period. The market is driven by factors such as growing farm labor issues due to higher costs and availability, and cost efficiency benefits offered by smart harvest systems.

Call for applications: 2019 SEED Awards for Entrepreneurship in Sustainable Development

Are you part of a small and growing eco-inclusive enterprise that continues to deliver environmental, social and economic benefits to your target markets?
Application Deadline in 2 months

Review of Emerging Additive Manufacturing Technologies in 3D Printing of Cementitious Materials in the Construction Industry

Additive manufacturing is a fabrication technology that is rapidly revolutionizing the manufacturing and construction sectors. In this paper, a review of various prototyping technologies for printing cementitious materials and selected 3D printing techniques are presented in detail.