Fairfield Market Research Specialty Food Ingredients Market Size, Share, Growth 2030

Specialty Food Ingredients Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Published Date: Upcoming | Format:

Industry: Food & Beverage


Request Customization Request Customization * New Version Available

The growth of an approximately US$75 Bn specialty food ingredients market (as of 2021) revolves around the transforming consumer trends on of which is the mass shift toward natural, healthier ingredients.

Rising Inclination Toward Natural Colourants in Food and Beverages to Augment Specialty Food Ingredients Market Growth

Food industry has always reflected a dynamic scenario with growing developments in terms of food additives and components. Moreover, with growing health awareness, the consumption of functionally fortified food products is on the rise. This has paved potential opportunities for food manufacturers to innovate their products using natural additives such as specialty food ingredients. Consumer shift towards nutritional healthy food are demanding products with optimum balance of micro and macro ingredients from a diet standpoint. This is likely to drive the need for nutrition powered food products along with improved aesthetics, thus auguring well for the specialty food ingredients market.

Rising preference of clean label products has resulted in an increasing demand for organic or natural colourants. Natural colourants are obtained from different renewable sources and do not have adverse impact on human health. Colourants have been used in the food and beverage sector to impart necessary aesthetics that enhance the product’s appearance and attractiveness. They are widely used in different food products such as candies, margarine, soft drinks, jams and jellies, snacks, pudding, pie fillings, and other processed foods. In addition, natural food colours do not contain allergy-prone components and add nutritional value to the food product. For instance, beetroot acts as a natural colourant that provides pink tinge to the food apart from promoting healthy cardiovascular system as they are rich in nitrates. This has accelerated use of natural colourants in beverages and food items in turn complementing growth of the specialty food ingredients market.

Sensory Specialty Food Ingredients to Reflect a Volume and Value Upswing in Specialty Food Ingredients Market

Sales of sensory specialty food ingredients have been reflecting an upward trend since the past few years and are expected to maintain stability going forward. Sensory ingredients are crucial components that improve smell, taste, texture, and flavour of food products. Growing demand of these components in convenience and packaged food products and other confectioneries is expected to drive their sales, in turn accounting for a major revenue share in the specialty food ingredients market. Among different sensory ingredients, flavour imparting counterparts are likely to witness significant growth. Changing consumer preference apropos to flavour of food products has resulted in the development of new fresh taste imparting ingredients. Moreover, with growing inclination towards organic products, natural flavour imparting ingredients are in high demand. These aspects are likely to bode well for the sensory ingredient scenario, consequently contributing towards market growth.

North America Continues to Sketch Dominance in Global Specialty Food Ingredients Market

Developed nations in North America are poised to hold a significant share in the specialty food ingredients market. Increasing demand for specialty food ingredients is largely driven by growing rates of lifestyle disorders such as obesity, and diabetes. Increasing prevalence of these disorders has generated awareness among consumers to adopt healthier lifestyles by regulating their diets and including specialty ingredients such as functional food components, and protein. In addition, ready to eat and convenience food products have been trending in the region owing to busy lifestyles of individuals. This is expected to provide ample opportunities of growth with regards to inclusion of specialty food ingredients in convenience and packaged foods.

Furthermore, rising inclination towards gluten free, natural, and organic food has also embossed a positive influence on the demand for specialty food ingredients. In wake of this shift, the meat and poultry industry has been adopting appropriate quantity of specialty food ingredients to improve the nutrition value, offer a sufficient quantity of micros and macros that the human body requires and enhance overall food quality. These factors remain instrumental in driving the consumption of nutritional food, in turn paving potential avenues for specialty food ingredients market in North America.

Specialty Food Ingredients Market: Competition Scenario

Major players in the specialty food ingredients market have been adopting growth strategies such as mergers and acquisitions and new product launches to strengthen their position among competitors. For instance, in 2021, Divi’s Nutraceuticals introduced CaroNat. CaroNat is a specialty food ingredient that is naturally sourced and provides dark yellow to orange tinge in terms of colouration to various food products and beverages including the dairy industry. Likewise, in 2020, Cargill Inc. announced the launch of label friendly and specialty sweetener – C✩TruSweet 01795. This sweetener offers a 30% calorie and sugar reduction in beverages and is also used in several food applications particularly in the European market. In 2021, merger between DuPont’s Nutrition & Biosciences Business and International Flavours & Fragrances was concluded. With this strategy, International Flavours & Fragrances, with the combined product portfolio, can establish its leadership in high value specialty ingredients used in health and wellness food, personal care and food and beverage sectors.  

Few of the major players in specialty food ingredients market include Cargill Incorporated, DuPont de Nemours Inc., International Flavours & Fragrances, Kerry Group PLC, Koninklijke DSM NV, ADM, Nutriati, Amco Proteins, Ingredion, Tate & Lyle, and Crespel & Dieters.

Regional Classification of the Global Specialty Food Ingredients Market is Listed Below:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • Spain
  • U.K.
  • Italy
  • Russia
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

 Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East and Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

*Regions and countries are subject to change based on data availability.

Key Elements Included In The Study: Global Specialty Food Ingredients Market

  • Specialty Food Ingredients Market by Product/Technology/Grade, Application/End-user, and Region
  • Executive Summary (Opportunity Analysis and Key Trends)
  • Historical Market Size and Estimates, Value and Volume, 2018 - 2022
  • Volume Consumption at Regional and Country Level, 2023 - 2030
  • Market Dynamics and Economic Overview
  • Market Size in Value and Volume, Growth Rates, and Forecast Figures, 2023 - 2030
  • Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
  • Regional and Product/Grade/Application/End-user Price Trends Analysis
  • Value Chain and Five Force’s Analysis
  • Regional/Sub-region/Country Market Size and Trend Analysis
  • Company Market Share Analysis and Key Player Profiles

Post Sale Support, Research Updates & Offerings

We value the trust shown by our customers in Fairfield Market Research. We support our clients through our post sale support, research updates and offerings.

  • The report will be prepared in a PPT format and will be delivered in a PDF format.
  • Additionally, Market Estimation and Forecast numbers will be shared in Excel Workbook.
  • If a report being sold was published over a year ago, we will offer a complimentary copy of the updated research report along with Market Estimation and Forecast numbers within 2-3 weeks’ time of the sale.
  • If we update this research study within the next 2 quarters, post purchase of the report, we will offer a Complimentary copy of the updated Market Estimation and Forecast numbers in Excel Workbook.
  • If there is a geopolitical conflict, pandemic, recession, and the like which can impact global economic scenario and business activity, which might entirely alter the market dynamics or future projections in the industry, we will create a Research Update upon your request at a nominal charge.

1. Executive Summary
     1.1. Global Specialty Food Ingredients Market Snapshot
     1.2. Key Market Trends
     1.3. Future Projections
     1.4. Analyst Recommendations

2. Market Overview
     2.1. Market Definitions and Segmentations
     2.2. Market Dynamics
            2.2.1. Drivers
                    2.2.1.1. Driver A
                    2.2.1.2. Driver B
                    2.2.1.3. Driver C
            2.2.2. Restraints
                    2.2.2.1. Restraint 1
                    2.2.2.2. Restraint 2
            2.2.3. Market Opportunities Matrix
     2.3. Value Chain Analysis
     2.4. Porter’s Five Forces Analysis
     2.5. Covid-19 Impact Analysis
            2.5.1. Pre-covid and Post-covid Scenario
            2.5.2. Supply Impact
            2.5.3. Demand Impact
     2.6. Government Regulations
     2.7. Global Food Ingredients – Market Overview
     2.8. Technology Landscape
     2.9. Product launches & Recent Developments
     2.10. Economic Analysis
     2.11. PESTLE

3. Production Output Statistics and Trade Policies
     3.1. Regional Production Statistics
            3.1.1. North America
            3.1.2. Europe
            3.1.3. Asia Pacific
            3.1.4. Latin America
            3.1.5. Middle East & Africa
     3.2. Trade (Import/Export) Policies

4. Price Trends Analysis and Future Projects, 2018 - 2030
     4.1. Key Highlights
     4.2. Prominent Factors Affecting Prices
     4.3. By Ingredients
     4.4. By Region

5. Global Specialty Food Ingredients Market Outlook, 2018 - 2030
     5.1. Global Specialty Food Ingredients Market Outlook, by Ingredients, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            5.1.1. Key Highlights
                    5.1.1.1. Vitamins & Minerals
                    5.1.1.2. Colorants
                    5.1.1.3. Emulsifiers
                    5.1.1.4. Proteins
                    5.1.1.5. Preservatives
                    5.1.1.6. Flavours
                    5.1.1.7. Sweeteners
                    5.1.1.8. Acidulants
                    5.1.1.9. Cultures
                    5.1.1.10. Botanicals
                    5.1.1.11. Misc. (Cocoa Ingredients, etc.)
     5.2. Global Specialty Food Ingredients Market Outlook, by Applications, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            5.2.1. Key Highlights
                    5.2.1.1. Bakery & Confectionaries
                    5.2.1.2. Beverages
                    5.2.1.3. Meat, Poultry & Seafood
                    5.2.1.4. Snacks
                    5.2.1.5. Dairy Products
                    5.2.1.6. Frozen Foods
                    5.2.1.7. Sauces, Dressings & Condiments
                    5.2.1.8. Misc. (Baby Food, etc.)
     5.3. Global Specialty Food Ingredients Market Outlook, by Region, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            5.3.1. Key Highlights
                    5.3.1.1. North America
                    5.3.1.2. Europe
                    5.3.1.3. Asia Pacific
                    5.3.1.4. Latin America
                    5.3.1.5. Middle East & Africa
            5.3.2. BPS Analysis/Market Attractiveness Analysis

6. North America Specialty Food Ingredients Market Outlook, 2018 - 2030
     6.1. North America Specialty Food Ingredients Market Outlook, by Ingredients, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            6.1.1. Key Highlights
                    6.1.1.1. Vitamins & Minerals
                    6.1.1.2. Colorants
                    6.1.1.3. Emulsifiers
                    6.1.1.4. Proteins
                    6.1.1.5. Preservatives
                    6.1.1.6. Flavours
                    6.1.1.7. Sweeteners
                    6.1.1.8. Acidulants
                    6.1.1.9. Cultures
                    6.1.1.10. Botanicals
                    6.1.1.11. Misc. (Cocoa Ingredients, etc.)
     6.2. North America Specialty Food Ingredients Market Outlook, by Applications, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            6.2.1. Key Highlights
                    6.2.1.1. Bakery & Confectionaries
                    6.2.1.2. Beverages
                    6.2.1.3. Meat, Poultry & Seafood
                    6.2.1.4. Snacks
                    6.2.1.5. Dairy Products
                    6.2.1.6. Frozen Foods
                    6.2.1.7. Sauces, Dressings & Condiments
                    6.2.1.8. Misc. (Baby Food, etc.)
     6.3. North America Specialty Food Ingredients Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            6.3.1. Key Highlights
                    6.3.1.1. U.S.
                    6.3.1.2. Canada
            6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Specialty Food Ingredients Market Outlook, 2018 - 2030
     7.1. Europe Specialty Food Ingredients Market Outlook, by Ingredients, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            7.1.1. Key Highlights
                    7.1.1.1. Vitamins & Minerals
                    7.1.1.2. Colorants
                    7.1.1.3. Emulsifiers
                    7.1.1.4. Proteins
                    7.1.1.5. Preservatives
                    7.1.1.6. Flavours
                    7.1.1.7. Sweeteners
                    7.1.1.8. Acidulants
                    7.1.1.9. Cultures
                    7.1.1.10. Botanicals
                    7.1.1.11. Misc. (Cocoa Ingredients, etc.)
     7.2. Europe Specialty Food Ingredients Market Outlook, by Applications, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            7.2.1. Key Highlights
                    7.2.1.1. Bakery & Confectionaries
                    7.2.1.2. Beverages
                    7.2.1.3. Meat, Poultry & Seafood
                    7.2.1.4. Snacks
                    7.2.1.5. Dairy Products
                    7.2.1.6. Frozen Foods
                    7.2.1.7. Sauces, Dressings & Condiments
                    7.2.1.8. Misc. (Baby Food, etc.)
     7.3. Europe Specialty Food Ingredients Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            7.3.1. Key Highlights
                    7.3.1.1. Germany
                    7.3.1.2. France
                    7.3.1.3. U.K.
                    7.3.1.4. Italy
                    7.3.1.5. Spain
                    7.3.1.6. Turkey
                    7.3.1.7. Russia
                    7.3.1.8. Rest of Europe
            7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Specialty Food Ingredients Market Outlook, 2018 - 2030
     8.1. Asia Pacific Specialty Food Ingredients Market Outlook, by Ingredients, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            8.1.1. Key Highlights
                    8.1.1.1. Vitamins & Minerals
                    8.1.1.2. Colorants
                    8.1.1.3. Emulsifiers
                    8.1.1.4. Proteins
                    8.1.1.5. Preservatives
                    8.1.1.6. Flavours
                    8.1.1.7. Sweeteners
                    8.1.1.8. Acidulants
                    8.1.1.9. Cultures
                    8.1.1.10. Botanicals
                    8.1.1.11. Misc. (Cocoa Ingredients, etc.)
     8.2. Asia Pacific Specialty Food Ingredients Market Outlook, by Applications, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            8.2.1. Key Highlights
                    8.2.1.1. Bakery & Confectionaries
                    8.2.1.2. Beverages
                    8.2.1.3. Meat, Poultry & Seafood
                    8.2.1.4. Snacks
                    8.2.1.5. Dairy Products
                    8.2.1.6. Frozen Foods
                    8.2.1.7. Sauces, Dressings & Condiments
                    8.2.1.8. Misc. (Baby Food, etc.)
     8.3. Asia Pacific Specialty Food Ingredients Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            8.3.1. Key Highlights
                    8.3.1.1. China
                    8.3.1.2. Japan
                    8.3.1.3. South Korea
                    8.3.1.4. India
                    8.3.1.5. Southeast Asia
                    8.3.1.6. Rest of Asia Pacific
            8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Specialty Food Ingredients Market Outlook, 2018 - 2030
     9.1. Latin America Specialty Food Ingredients Market Outlook, by Ingredients, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            9.1.1. Key Highlights
                    9.1.1.1. Vitamins & Minerals
                    9.1.1.2. Colorants
                    9.1.1.3. Emulsifiers
                    9.1.1.4. Proteins
                    9.1.1.5. Preservatives
                    9.1.1.6. Flavours
                    9.1.1.7. Sweeteners
                    9.1.1.8. Acidulants
                    9.1.1.9. Cultures
                    9.1.1.10. Botanicals
                    9.1.1.11. Misc. (Cocoa Ingredients, etc.)
     9.2. Latin America Specialty Food Ingredients Market Outlook, by Applications, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            9.2.1. Key Highlights
                    9.2.1.1. Bakery & Confectionaries
                    9.2.1.2. Beverages
                    9.2.1.3. Meat, Poultry & Seafood
                    9.2.1.4. Snacks
                    9.2.1.5. Dairy Products
                    9.2.1.6. Frozen Foods
                    9.2.1.7. Sauces, Dressings & Condiments
                    9.2.1.8. Misc. (Baby Food, etc.)
     9.3. Latin America Specialty Food Ingredients Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            9.3.1. Key Highlights
                    9.3.1.1. Brazil
                    9.3.1.2. Mexico
                    9.3.1.3. Rest of Latin America
            9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Specialty Food Ingredients Market Outlook, 2018 - 2030
     10.1. Middle East & Africa Specialty Food Ingredients Market Outlook, by Ingredients, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            10.1.1. Key Highlights
                    10.1.1.1. Vitamins & Minerals
                    10.1.1.2. Colorants
                    10.1.1.3. Emulsifiers
                    10.1.1.4. Proteins
                    10.1.1.5. Preservatives
                    10.1.1.6. Flavours
                    10.1.1.7. Sweeteners
                    10.1.1.8. Acidulants
                    10.1.1.9. Cultures
                    10.1.1.10. Botanicals
                    10.1.1.11. Misc. (Cocoa Ingredients, etc.)
     10.2. Middle East & Africa Specialty Food Ingredients Market Outlook, by Applications, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            10.2.1. Key Highlights
                    10.2.1.1. Bakery & Confectionaries
                    10.2.1.2. Beverages
                    10.2.1.3. Meat, Poultry & Seafood
                    10.2.1.4. Snacks
                    10.2.1.5. Dairy Products
                    10.2.1.6. Frozen Foods
                    10.2.1.7. Sauces, Dressings & Condiments
                    10.2.1.8. Misc. (Baby Food, etc.)
     10.3. Middle East & Africa Specialty Food Ingredients Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
            10.3.1. Key Highlights
                    10.3.1.1. GCC
                    10.3.1.2. South Africa
                    10.3.1.3. Rest of Middle East & Africa
            10.3.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape
     11.1. Company Market Share Analysis, 2022
     11.2. Competitive Dashboard
     11.3. Company Profiles
            11.3.1. Cargill Incorporated
                    11.3.1.1. Company Overview
                    11.3.1.2. Product Portfolio
                    11.3.1.3. Financial Overview
                    11.3.1.4. Business Strategies and Development
(*Note: Above details would be available for below list of companies based on availability)
            11.3.2. Archer Daniels Midland Co
            11.3.3. Chr.Hansen Holding A/S
            11.3.4. Kerry Group
            11.3.5. Bunge Limited
            11.3.6. Ingredion
            11.3.7. DuPont
            11.3.8. DSM N.V.
            11.3.9. Ashland Inc.
            11.3.10. Sensient Technologies Corporation
            11.3.11. Tate & Lyle
            11.3.12. Givaudan

12. Appendix
     12.1. Research Methodology     
     12.2. Report Assumptions
     12.3. Acronyms and Abbreviations

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

View Methodology
Fairfield Quality assured
Fairfield Confidentiality assured
Fairfield Custom research services