Global Specialty Food Ingredients Market Professional Survey Report 2018

Published - Aug 2018 | Category - Food & Beverages | No. of Pages - 115 | Published By - Global QYResearch

The Specialty Food Ingredients market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Specialty Food Ingredients is expected to reflect a 1.3x increase in the revenue growth. In 2017 the global Specialty Food Ingredients market was valued at US$ 60,300 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 79,500 Mn growing at a value CAGR of 3.5% throughout the period of forecast.

Global Specialty Food Ingredients Market: Market Driver and Restraint

Applications of Specialty Food Ingredients are anticipated to create new business segments in the market. Specialty Food Ingredients is in use for a broad range of Beverages products such as beverages and Sauces, dressings, condiments & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Specialty Food Ingredients application is developed towards a more active mode.

Manufacturers are exploring the potential of Specialty Food Ingredients in Sauces, dressings and condiments. Application of Specialty Food Ingredients in Texturants are gaining traction in the recent years. Recently, manufacturers have started using Specialty Food Ingredients in the Bakery area. Further, there are also potential uses in the areas of sugar substitute.


 

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