Market Size of Integrated Food Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.23 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Integrated Food Ingredients Market Analysis
The integrated food ingredients market is projected to grow at a CAGR of 6.23% during the forecast period (2020-2025).
The industry for integrated food ingredients essentially thrives on the wider technological and functional benefits that these ingredients confer, in terms of high quality, safety, affordability, nutrition, and deliciousness of the processed food products. The preference for certain types of food products is now core to some consumers' identities, especially in developed economies, which is driving the demand of speciality food ingredients.
The global marketplace have witnessed significant growth in plant-based ingredients. Companies are seeking to infuse and incorporate the active principles of botanical in a wide variety of non-alcoholic beverages. Companies, such as ADM, Givaudan, Symrise, are increasingly seeking to cater to the robust demands of fruit-containing flavor systems for the beverage industry in Europe.
