Edible films and coatings market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024-2031). The market growth is attributed to rising consumer consciousness about eco-friendly and sustainable products, and the implication of stringent policies, and regulations by the government on organic products, and packaging for environmental stewardship. Also, constant efforts by organizations to make business processes more sustainable in every aspect are creating demand for the product.
Egg substitute market is anticipated to grow at a significant CAGR of 13.3% during the forecast period (2024-2031). An egg substitute refers to any ingredient or product used as a replacement for eggs in recipes due to dietary restrictions, allergies, or ethical reasons. These substitutes mimic the binding, leavening, or moisture-retaining properties of eggs.
Carob powder market is anticipated to grow at a considerable CAGR of 9.6% during the forecast period (2024-2031).Carob Powderalso called carob flour, is a cocoa powder alternative that is made from dried, roasted carob tree pods and looks a lot like cocoa powder.
Dairy blends market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period (2024-2031). Dairy Blend is a combination of dairy products that are combined and mixed to produce a particular type of product. It is frequently used in food business to attain a harmony of taste, texture, and usability.
Alfalfa seeds market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period (2024-2031). Rich in protein and vitamins, alfalfa seeds are the starting point for alfalfa hay, a prized food source for livestock like cattle, horses, sheep, and goats. These dehydrated seeds from the Medicago sativa plant can also be sprouted or eaten raw for their potential health benefits.
Monosodium glutamate (MSG) market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2024-2031). Monosodium glutamate (MSG) is widely used to intensify and enhance flavors in sauces, broths, soups and other food items. The developing food industries and the rising demand for ready-to-eat food products are the main factors driving the market's expansion.
Food Additives market is anticipated to grow at a CAGR of 6.48% during the forecast period (2024-2031). Food additives are substances that are added to the food to preserve flavor or enhance taste, improve texture, extend shelf life, and enhance appearance. These food additives are of various types made from synthetic materials or natural substances.
Spices and seasoning market is expected to grow at a CAGR of 5.5% during the forecast period. The market's growth is attributed to the rising awareness of health benefits across the globe. Consumers are becoming more health conscious, and they are incorporating spices such as turmeric, moringa powder, black pepper powder, cinnamon powder, ginger powder, whole cloves, and others into their daily meals. These spices are known for their antioxidant’s properties, which improves the heart health and build immunity.
Savory ingredients market is expected to witness substantial growth, with a projected CAGR of 5.2% during the forecast period. The market's growth is attributed to the growing demand for snack foods across the globe. The new range of products is expected to bring a variety of flavours and tastes to the market, in addition to offering customers the convenience of having a variety of products in one place.
Olive oil market size was valued at $12.3 billion in 2022, and is projected to reach $17.7 billion by 2030, registering a CAGR of 5.3% during the forecast period (2023-2030). The market is experiencing robust growth primarily due to increasing demand for olive fruit oil across the food service and retail channels. In addition, the growing interest in trying out exotic cuisines has mainly contributed to the increased popularity of Olea europaea fruit oil across various regions of the world.
Nicotine gum market is anticipated to grow at a significant CAGR of 8.9% during the forecast period. The growing awareness regarding the health hazards associated with smoking is growing the nicotine gum market across the globe during the forecast period as quitting smoking lowers risk for smoking-related diseases and improves health. Cigarette smoking harms nearly every organ of the body, causes many diseases, and reduces the health of smokers in general.
Dairy ingredients market is anticipated to grow at a CAGR of 4.5% during the forecast period. The growing demand for functional food among consumers is expected to drive the market growth during the forecast period. Functional foods contains extra nutrition beyond basic that may have a positive effect on health. Further, these foods can support optimal health and decreases the risk of disease.
Natural vitamin-E market is anticipated to grow at a significant CAGR of 7.2% during the forecast period. Growing consumer awareness regarding natural vitamin-e benefits such as moisturization, antioxidant and anti-inflammatory properties is a major contributor, fuelling the growth of the market. Vitamin E contains essential nutrients & antioxidants that help in the improvement of blood circulation,helps balance hormones, promotes the healing of tissues, balances cholesterol levels and protects against cell damage in a human body.
Apple cider vinegar market is anticipated to grow at a CAGR of 8.6% during the forecast period. Several health benefits regarding apple cider vinegar consumption are the major factor contributing to the growth of the market. According to various research studies, the use of apple cider vinegar can decrease cholesterol, lowers blood sugar levels, maintains pH balance, improves diabetes symptoms, support weight loss and has antioxidant and antibacterial properties.
Pomace camellia oil market is anticipated to grow at a CAGR of 4.5% during the forecast period. Increasing consumers' preferences for cosmetic products enriched with organic ingredients, rising health consciousness for consuming vitamin and protein-rich food products, and increasing awareness regarding the ill effects of artificially synthesized ingredients are some major factors that create demand for pomace camellia oil. Pomace Camellia oil is generated from plants and is majorly consumed for preventing blood pressure levels and reducing the risk of hypertension, and delayed atherosclerosis, as they are highly enriched with vitamins A, B, D, and E.
Glycinates market is expected to grow at a CAGR of 6.5% during the forecast period. Glycinates, are byproducts, derived from any salts or esters of glycine, which are widely used in the food and beverage, healthcare, and animal feed industry, glycinates are a good source of magnesium, copper, iron, zinc, and essential amino acids. The rising demand for quality milk products and the rising concern in the animal feed industry are some key factors contributing to the growth of the market.
Lignans market is anticipated to grow at a CAGR of 5.2% during the forecast period. Lignans are micronutrients that are derived from roots, plant stems, bark, fruits, and seed parts, and exhibit antiviral, antifungal, and antibacterial properties. They are predominantly derived from flax seeds, sunflower seeds, pumpkin seeds, sesame seeds, wheat, corn, strawberry, and broccoli. Several health benefits such as the prevention of neurodegenerative conditions, such as Alzheimer's disease and Parkinson's disease have led to an increased demand for lignans.
clean label ingredients market is anticipated to grow at a significant CAGR of 6.7% during the forecast period. The rising government participation in clean label ingredients is expected to accelerate the market growth during the forecast period. For instance, in December 2021, Environmental Protection Agency Region 5 announced the partnership with the Shakopee Mdewakanton Sioux Community to release a new video that describes how you can protect your family and the environment by looking for cleaning products with safer ingredients – such as products with the Safer Choice label. Moreover, in August 2021, EPA added 36 chemicals to the Safer Chemical Ingredients List (SCIL).
The global sugar alcohol market is anticipated to grow at a CAGR of 5.6% during the forecast period. Sugar alcohol is characterized by a lower caloric value than sugars and displays prebiotic and anticaries effects. Additionally, they are increasingly being used as a reduced-calorie sugar alternative as it promotes mouthfeel and eliminates improper taste. Sugar alcohol is gaining higher traction among consumers owing to its convenience and nutritional benefits and are being increasingly used in producing sugar-free or low-sugar nutritious snack.
The global pea starch market is anticipated to grow at a significant CAGR of 7.3% during the forecast period. The growing demand from the food industry is supporting the pea starch market across the globe. Pea starch is used in the food industry for various applications such as bakery, sauces, dairy, pasta, soups, noodles, and meat products with noodles. Properties such as thickening, low solubility texture, low water binding, and gelling properties increase the demand from the food industries for pea starch.
The global potato starch market is anticipated to grow at a significant CAGR of 7% during the forecast period. Potato starch is extracted from crushed potatoes. The starch from the smashed potatoes is rinsed and dried. It is popular in the food business because of its neutral flavor and great thickening capacity. Potato starch is a flexible commodity that may be used in both commercial and home cooking to improve the texture of a variety of foods. One of the key factors that are fueling the market is its growing application in the food & beverage industry.
The global specialty food ingredients market is anticipated to grow at a significant CAGR of 5.9% during the forecast period. Poor diet and limited access to nutritious foods are the key factors that lack crucial micronutrients for human development such as iron, folic acid, vitamin A, and iodine. The increasing health awareness across the globe is the rising demand for fortified food consumption during the forecast period. Food fortification is a proven, sustainable, cost-effective, and high-impact solution to address micronutrient deficiencies.
Bakery premixes market is anticipated to grow at a significant CAGR of 8.5% during the forecast period (2024-2031). Bakery premixes are a convenient and efficient baking solution that contains a blend of dry ingredients and base flour. Premixes can save time and money by reducing the amount of raw materials and preparation needed to make baked goods. With changing consumer lifestyles, the demand for customized bakery products with alterations in ingredients is increasing and hence, driving the global bakery premix market. The increasing trend of making bakery items at home with minimum effort is offering a lucrative opportunity for global market growth.
Plant-based butter market is anticipated to grow at a CAGR of 6.2% during the forecast period (2024-2031). Consumers are increasingly seeking milk alternatives owing to reasons of lactose intolerance, allergies, and lower calorie and nutrient options. In addition, technological advancements and innovation in product development help improve the taste and feel of plant-based butter, thus becoming more attractive. For instance, in September 2023, Dutch plant-based dairy start-up Willicroft launched a plant-based fermented butter. Willicroft announced that the product is not margarine and tastes, spreads, cooks, and bakes exactly like dairy butter.
Citrus extract market is anticipated to grow at a CAGR of 8.1% during the forecast period (2024-2031). The expansion of the citrus extract market is supported by pivotal factors such as the growing utilization of citrus extract in food & beverages, people are becoming more conscious of the negative health effects of artificial coloring and flavoring agents contributing to the growth of the market. According to the National Center for Biotechnology Information (NCBI), in December 2022, oranges were the most common citrus fruit. The global yield of citrus fruits was 158,490,986 tons in 2020, an increase of 7.5 compared to 2017. This type of citrus is used to make about 30 million tons of juice. An estimated 15 million tons of citrus waste and by-products are produced each year.
The global mango seed oil and butter market is anticipated to grow at a significant CAGR of 8.9% during the forecast period. Along with skin care and cosmetic products, mango butter has a wide range of application in the hair care sector which is further driving the growth of this market. As mango butter is highly enriched with vitamins and minerals, it aids in nourishing the scalp, treats dandruff and hair problems, promotes hair growth, reduce breakage and dryness. Dandruff caused due to drying of scalp is a very common issue worldwide. Mango seed oil is highly recommended and suitable option to treat dandruff and other hair-related problems. Due to this reason, major hair care products manufacturers have started using mango oil in their products such as shampoos and conditioners.
The global Plant-Based Protein Supplement market is anticipated to grow at a significant CAGR of around 8.1% during the forecast period. Increasing awareness of the benefits associated with plant-based protein supplements daily consumption of concentrated nutrients due to ti this there is growing dietary supplements demand. Several hectic lifestyles and urbanization is propelling the prevalence of lifestyle-related severe health conditions. As per the information provided by Global Diabetes Community UK, it has stated that in 2018, across the globe there were 415 million diabetic patients and by 2040, it will reach 642 million people in the globe. Moreover, the increasing prevalence of obesity, diabetes, and CVD is also propelling the market to grow. S
The global egg powder market is anticipated to grow at a significant CAGR of 4.0% during the forecast period. The demand for egg powder is majorly influenced by its long-time span of usability and portability. Egg powder has a shelf-life of 5-10 years and can be moved without the need of refrigeration. In contrast to eggs which have high possibilities of breaking, egg powders are non-perishable and can be easily transported, they also provide ease of handling and storing properties. These benefits of egg powders over egg are one of the major factors impelling the market growth.
The global porcini oil market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Porcini oil is a modern cooking ingredient used to impart the flavor and aroma of porcini to a dish. The oil is also claimed to be low in calories, however, supply a good amount of protein, fiber, and iron. It is also high in antioxidants and may reduce inflammation, improve digestive health, promote weight loss and support killing off colon cancer cells, making this oil a healthy option to support give the diet an upgrade.
The global sorbitol market is anticipated to grow at a CAGR of around 5.2% during the forecast period. Sorbitol is mainly derived from corn, seaweed, fruits, and berries and is primarily used as a sweetener, flavoring agent, humectant, and diuretic dehydrating agent for various applications such as food & beverage, cosmetics & personal care, and pharmaceuticals. For instance, in the food industry, it is added to prevent the food from drying and aging and to extend the shelf-life of products as well as effectively prevent the precipitation of sugar. The growth of the sorbitol market is being fueled by the increased consumption of sugar-based goods.
The global Guarana market is anticipated to grow at a significant CAGR of 5.0% during the forecast period. Guarana is a dry paste made from crushed seeds of P. cupana or P. sorbilis native to Brazil and other regions of the Amazon. Guarana is highly demanded among various sectors such as cosmetics, beverages, pharmaceutical, and others. Guarana is used in various cosmetics products such as cleansers, anti-ageing creams and moisturizer lotions.
The global ubiquinone market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Ubiquinone or Coenzyme Q10 is considered to be an immunity-enhancing enzyme, which supports in mitigating the possibility of diseases such as cancer.
The global crystalline maltitol market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Maltitol is defined as a kind of polyol, white crystalline powder which is used as a sugar substitute and contains sweetness of sucrose with almost similar properties of the sugar.
The global sugar substitutes market is anticipated to grow at a significant CAGR of 5.1% during the forecast period. The global sugar substitutes are observed to grow in recent years due to increase in health awareness among the people globally.
The global plant protein hydrolysates market is estimated to grow at a considerable CAGR of % during the forecast period (2021-2027). Protein hydrolysates are formed by the hydrolysis of protein. Factors such as the growing demand for plant-based in the sports industry to drive the growth of the global market.
The global animal protein hydrolysates market is estimated to grow at a considerable CAGR during the forecast period (2021-2027). Animal protein hydrolysate is a good source of protein for newly weaned animals.
The global turmeric formulas market is expected to grow at a significant CAGR during the forecast period (2021-2027). The key factor propelling the growth of the global turmeric formulas market includes growing customer inclination towards herbal-based products and rising awareness about benefits of ayurvedic products among population.
Cinnamon is obtained from the branches of the Cinnamomum tree family, native to South America, the Caribbean, and Southeast Asia. Followed by black pepper, cinnamon is among one of the popular foods & beverage ingredients across the European and American regions. The global cinnamon market is projected to grow at a CAGR of 2.7% during the forecast period (2021-2027).
The US food acidulants market is projected to grow at a CAGR of 7.1% during the forecast period (2020-2026). The major factor that drives the growth of the market includes the rapid evolution of the food & beverages industry across the country.
The North American food acidulants market is projected to grow at a CAGR of 7.0% during the forecast period (2020-2026). The major factor that drives the growth includes the rising food as well as beverages industry in the region. There has been increased adoption of packaged food across the region.
Indian food acidulants market is projected to grow at a CAGR of 8.5% during the forecast period (2020-2026). The major factor that drives the growth of the market includes the various benefits offered by the food acidulants such as it enhances the shelf life of the food product, enhances taste, and food preservatives, and many more.
The European food acidulants market is projected to grow at a CAGR of 6.9% during the forecast period (2020-2026). The major factor that drives the growth of the market includes the growth in the food & beverages industry in the region.
The Asia-Pacific food acidulants market is projected to grow at a CAGR of 7.9% during the forecast period (2020-2026). The food acidulants market is expected to witness a substantial growth in the Asia-Pacific region owing to the rapidly growing food and beverage industry of the region.
The global food acidulants market is projected to grow at a CAGR of around 7.2% during the forecast period (2020-2026). Food acidulants aids in enhancing the shelf life of any food product by reducing spoilage from air, bacteria, fungi, and yeast.
Citrus fiber is mainly extracted from three main sources which include orange, lemon, and lime. Citrus fiber provides texture, nutritive benefits along with a clean label to the food products due to which there is an increased demand for it across the food and pharmaceutical industries. The global citrus fiber market is projected to grow at a CAGR of 5.1% during the forecast period (2021-2027).
The global cocoa market is projected to grow at a CAGR of 3.0% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the steady growth in the chocolate market across the globe.
Argan oil is produced from kernel fruit of the Argan tree that is endemic in Morocco. The oil is used in traditional cuisine and also in traditional medicine to treat some skin and joint pain issues. The global argan oil market is projected to grow at a CAGR of 6.9% during the forecast period (2021-2027).
Molasses is a viscous product obtained from refining sugarcane or sugar beets into sugar. Molasses varies by the amount of sugar, method of extraction, and age of the plant. Molasses is primarily used for sweetening and flavoring foods. The global molasses market is projected to grow at a modest CAGR of 5.0% during the forecast period (2021-2027).
The global amla extracts market is projected to grow at a moderate CAGR during the forecast period. Amla is considered one of the major medicinal plants in Ayurveda. Vitamin C, tannins,and flavonoids present in amla have powerful antioxidant activities, due to which, it is widely accepted for the treatment of several disorders including diabetes.
The global alcohol ingredients market is projected to grow at a significant CAGR of around 8% during the forecast period. The key factors that drive the growth of the market include the introduction of a variety of alcohol-based drinks.
The food emulsifier market is projected to grow at a considerable CAGR of 4.8% during the forecast period (2020-2026). Food emulsifiers are the chemical compounds that are used to improve the food texture, provide excellent flavor, and mix ingredients in a good manner.
Brewing enzyme market is projected to grow at a considerable CAGR of around 6% during the forecast period (2020-2026). The use of enzymes in the brewing industry has become increasingly important, as they accelerate the chemical reaction without altering their own structure. Commercial exogenous enzymes are used in different steps to enhance the brewing process, to make the brewing faster, easier, and more consistent.
The food flavor market is anticipated to grow at a significant CAGR during the forecast period. Food flavor are derived from ingredients such as herbs, raw fruit and vegetables or by the chemical. The use of food flavor enhances the existing flavor of the particular food item.
The global industrial sugar market is estimated to grow at a CAGR of nearly 5.6% during the forecast period. The major factors contributing to the market growth include significant applications in the food and beverage industry and increasing production of sugarcane.
The global meat stabilizers blends market is growing at a significant CAGR of around 7.5% during the forecast period (2020-2026). The meat stabilizers blends are used in several applications, such as meat processing, to control moisture content of the meat and provide quality-based food products. The meat stabilizers blends market is driven by the growing meat consumption and pet adoption rate across the globe.
The global market for flavor enhancer is projected to have considerable CAGR of around 6.1% during the forecast period. The major factors that propels the flavor enhancer market include rising trend towards convenience food & beverages products, growing consumer preference towards advanced flavored food products and others.
The global food flavor and enhancer market are projected to grow at a significant CAGR during the forecast period. The primary factors that enhance the growth of the market include the rapidly changing lifestyles and the increased trends of new exotic and natural ethnic flavors. Flavors and enhancer usually possess no such nutritional properties in the food item, rather, are used to improve the taste and aroma of food.
The global starch derivatives market is projected to grow at a significant CAGR during the forecast period. The key factors that drive the market growth include a wide range of applications in which starch is used such as food & beverage, feed, paper industry, pharmaceutical industry, cosmetics, plastic, and others.
The global carotenoids market is expected to grow at a CAGR of 3.0% during the forecast period. The possesses huge potential as carotenoids are an essential antioxidant that plays a crucial role in human health. These are potent antioxidants that can help prevent some forms of cancer and heart disease and supports
The global protein ingredients market is anticipated to grow at a significant CAGR of 9.0% during the forecast period. Amino acids, which are organic molecules formed of carbon, hydrogen, nitrogen, oxygen, or sulphur, make up protein constituents chemically. Product innovations and technological improvements are expected to be the primary drivers of market growth. Protein components are increasingly used in a variety of applications.