Market Size of Europe Specialty Food Ingredients Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.96 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Specialty Food Ingredients Market Analysis
Europe's specialty food ingredient market is growing by registering a CAGR of 4.96% during the forecast period (2020-2025).
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By type, the flavors segment occupied the largest market share in 2018. The specialty oil segment is projected to witness the highest CAGR over the forecast period.
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By functional food ingredient type, vitamins and minerals occupied the largest market share in 2018. The botanical functional food ingredient is projected to witness the highest CAGR, over the forecast period.
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By application type, the beverages application occupied the largest market share in 2018. The bakery segment is projected to witness the highest CAGR over the forecast period.