Global Food Processing Ingredients Market, By Type (Modified Starch & Starch Derivatives, Proteins, Food Stabilizers, Emulsifiers, Yeast, Enzymes, Acidity Regulators, Antioxidants, Others), Form (Dry, Liquid), Source (Natural, Synthetic), Application (Bakery & Confectionary products, Beverages, Convenience Foods, Others) – Industry Trends and Forecast to 2029.
Food Processing Ingredients Market Analysis and Size
The global processed food products industry is rapidly changing, with rising demographics, increased demand for branded and convenience food products, and a growing consumer focus on organic food and clean label food products.
Data Bridge Market Research analyses that the food processing ingredients market was valued at USD 46.47 billion in 2021 and is expected to reach the value of USD 78.66 billion by 2029, at a CAGR of 6.80% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Food Processing Ingredients Market Scope and Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Type (Modified Starch & Starch Derivatives, Proteins, Food Stabilizers, Emulsifiers, Yeast, Enzymes, Acidity Regulators, Antioxidants, Others), Form (Dry, Liquid), Source (Natural, Synthetic), Application (Bakery & Confectionary products, Beverages, Convenience Foods, Others)
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia Plc (Ireland), ADM (U.S.), Farbest Brands (U.S.), SternVitamin GmbH & Co. K.G. (Germany), Adisseo (France), BTSA Biotechnologias Aplicadas S.L. (Spain), Rabar Pty Ltd (Australia) Novus International (U.S.), Kerry Group plc (Ireland), Chr. Hansen Holding A/S (Denmark), Lallemand Inc. (Canada), Lesaffre (France), AB Mauri (U.K.), Laffort (France), Alltech, (U.S.), Imperial yeast (U.S.), DCL Food Distributors (U.K.), Agrano GmbH & Co. K.G. (Germany), UNIFERM GmbH & Co. K.G. (Germany)
Food processing ingredients are products derived from minimally processed food through refining, milling, pressing, or grinding processes. These products are not directly consumed but are used to prepare minimally processed foods. Some examples of food processing ingredients include whole grain pasta and various oils made from seeds, plants, or nuts.
Food Processing Ingredients Market Dynamics
- A global shift towards healthy eating and healthy alternatives
The market's drivers are a shift in consumer preferences toward healthier foods, population growth, improved cold chain logistics, and the adoption of automation systems and products. Players in the food processing ingredients market are poised to capitalise on this opportunity. Health-conscious consumers have reduced their consumption of sweeteners, carbohydrates, and high-fat foods. Another trend that is expected to grow is the use of new raw materials derived from marine sources which are used due to desirable oil and fibre content.
- Economic development in developing region is providing abundance growth to global market
Economic development is critical to increasing the number of distributors of specialty food ingredients in the developing regions. The key parameters that determine growth in processed food consumption in developing economies are disposable income and population purchasing power parity. GDP growth in emerging markets is expected to drive demand for value-added products and thus distribution. Consumer preferences for functional foods and processed foods are changing in these emerging markets, which are also available in modern retail formats such as supermarkets and hypermarkets.
The overall food and beverage industry's macro trend of clean label ingredients is driving the demand for natural/organic ingredients, presenting a tremendous opportunity for the food processing ingredients market to grow. One of the growing segments in the food processing products market category is the increasing demand for healthy beverages such as protein drinks and juices, which creates market revenue potential for food processing ingredients. Manufacturers of food and beverage products are putting a lot of effort into research and development to improve the nutritional and multifunctional profile of food items that have a lot of health benefits, which is driving the global food processing ingredients market growth.
The industry is vulnerable due to climatic and environmental factors, resource scarcity, and periodic governing regulatory changes. Other significant challenges include infrastructure, seasonal fluctuations in raw material availability, and a lack of knowledge resulting in technological barriers in developing regions. It is a major impediment to the growth of the market for food processing ingredients. Furthermore, an insufficient supply chain in developing economies is limiting the market's growth.
This food processing ingredients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the food processing ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Food Processing Ingredients Market
The emergence of the pandemic has benefited the food processing ingredients market, owing to an increase in health consciousness, particularly among those following COVID-19. People's preferences are shifting away from conventional foods and toward organic, plant-based, and clean label goods and beverages, which has increased sales and demand for food processing ingredients. The COVID-19 outbreak has had a profound effect on people's lives all over the world. With the increasing number of cases, stringent government regulations such as lockdowns, shutting down industries and business sectors, and so on are being implemented in almost every country. It is critical to boost immunity to fight this pandemic.
- In February 2020, DSM, a leading company, decided to invest in a high-tech, fully automated packing line for food processing ingredients production, which will be used to provide customers with improved traceability, reliability, and quality.
- DSM announced in October 2019 that it would produce food processing ingredients in two locations: Xinghuo, China, and Grenzach, Germany.
- In June 2019, one of the top key players, ADM, combined a diverse range of animal and human nutrition product lines into a single nutrition business unit used for the company's health and wellness business, including innovative products such as Novatol Vitamin E 1490PH.
Global Food Processing Ingredients Market Scope
The food processing ingredients market is segmented on the basis of type, application, source and form. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Modified Starch and Starch Derivatives
- Food Stabilizers
- Acidity Regulators
- Bakery and confectionery products
- Convenience foods
Food Processing Ingredients Market Regional Analysis/Insights
The food processing ingredients market is analysed and market size insights and trends are provided by country, type, application, source and form as referenced above.
The countries covered in the food processing ingredients market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates global food processing ingredients market and Asia-Pacific is expected to be the fastest-growing region because of the fully developed food industry, frequent consumption of confectionery and bakery items, and increased consumption of alcoholic beverages among consumers in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Food Processing Ingredients Market Share Analysis
The food processing ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to food processing ingredients market.
Some of the major players operating in the food processing ingredients market are:
- DSM (Netherlands)
- BASF SE (Germany)
- Lonza Group (Switzerland)
- Glanbia Plc (Ireland)
- ADM (U.S.)
- Farbest Brands (U.S.)
- SternVitamin GmbH & Co. KG (Germany)
- Adisseo (France)
- BTSA Biotechnologias Aplicadas S.L. (Spain)
- Rabar Pty Ltd (Australia)
- Novus International (U.S.)
- Kerry Group plc (Ireland)
- Chr. Hansen Holding A/S (Denmark)
- Lallemand Inc. (Canada)
- Lesaffre (France)
- AB Mauri (U.K.)
- Laffort (France)
- Alltech, (U.S.)
- Imperial yeast (U.S.)
- DCL Food Distributors (U.K.)
- Agrano GmbH & Co. K.G. (Germany)
- UNIFERM GmbH & Co. K.G. (Germany)