Food Inclusions Market Estimated to Reach 12,687 Million USD by 2020 - IndustryARC Research
Browse - 38 Market Tables, 21 Figures spread through 113 Pages and an in-depth TOC on “Food Inclusions Market (2015 - 2020)”
Food Inclusions are added to the food products to enhance visual appearance, texture and add flavor. Food inclusions vary in color, size, shape, form, texture, taste & ingredients and are available in different forms to meet the requirements of various applications. Some of the widely used food inclusions are chips and flakes, wafer, jellies, dried fruits and nuts. Inclusions enhance the taste profile such as aftertaste, taste longevity and intensity; and can also add to the nutritional value of foods.
Food product providers have been enticing the consumers by offering products with exotic flavors and enhanced visual appeal. These factors play an important role in the buying preferences of the consumers. As these parameters form the primary decision making factors in differentiation of food products, manufacturers have been seeking for inclusions that suit the overall nutritional value, taste and texture profile. In addition, the food manufacturers are even promoting their offerings by highlighting on the color, shape and taste of the encapsulated substances as a differentiating factor to entice the consumers.
The Food Inclusions Market has witnessed immense growth and today it finds application across the industry such as packaged foods, nutritional products and confectionaries. The market for food inclusions is dynamic in nature and driven by consumer preferences and demands. The ever-changing preferences from consumer side have pushed the demand for innovative products. The introduction of yogurt, spices, herbs, rose petals and gelato in food inclusions is an example of it. The companies are competing to gain customer base thereby increasing the market share by bringing innovative products into the market space.
North America is the Dominant Market for Food Inclusions and is estimated to reach $4,158.9 Million by 2020 at a CAGR of 9.1% during 2015-2020 owing to high penetration of retail chains and packaged food products. Europe has the high rate of growth for food inclusions market among all the regions with a growing CAGR of 9.2% during the forecast period. Increasing consumer demand for specialty foods, emerging technologies facilitating the food processing are some of the driving factors for this market.
The Major Players In Food Inclusion Market Include:
- Cargill Inc. (U.S.)
- Barry Callebaut (Switzerland)
- ADM Company (U.S.)
- SensoryEffects Flavor Company (U.S.)
- Sensient Colors (U.S.)
The Top Five Players account for approximately 43% of the Total Market. However, emerging companies have been offering products with innovations and enhanced functionalities challenging market dominance of major companies. The global food inclusions market report provides detailed analysis of the different inclusions and end-use segments.
Various end-use Applications included in the Report are:
- Bakery & Confectionary
- Dairy & Frozen Food
The Market Segmentation by Geography;
- North America - U.S., Canada & Mexico
- Asia pacific - China, India, Japan, Australia and New Zealand, Rest of APAC
- Europe - Germany, France, Italy, U.K & Rest of Europe
- Rest of the World - South America, Middle East & Africa
The overall market is also presented from the perspective of different geographic regions and the key countries in each region.
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