Booming Food Industry Rises the Market Opportunities For Food Inclusions

 

Food inclusions are put on to the food products to enhance the texture, flavor, and visual appearance. They vary in shape, texture, color, size, shape, taste and are available in different forms like solid, semi-solid, and liquid states to meet the requirements of various applications. The rising food industry and the increasing number of food enthusiasts are among the main reasons for the market growth of food inclusion. Furthermore, increasing international tourism coupled with the rising innovation in food cooking and presentation is also responsible for the market growth of the industry.

The Food Inclusions Market is expected to grow at a steady rate of around 7% during the forecast period. Increasing urbanization, higher adoption of a sedentary lifestyle, as well as subsequent rise in the working population has boosted the demand for processed food. Further, the shift in food consumption patterns among consumers, changes in dietary patterns, and the increasing demand & popularity of innovative recipes are some of the factors driving the food inclusion market.

 According to UnivDatos Market Insights (UMI)’ research report “Global Food Inclusions Market”, the market is expected to witness robust growth during the forecast period (2022-2028). This is mainly due to the rising number of hotels and restaurants.

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Based on the types, the market has been categorized into chocolate, fruit & nut, cereal, flavored sugar & caramel, confectionery, and others. Among them, the chocolate category is expected to witness significant growth in the market during the forecast period. Chocolates are the most common type of food inclusion available in the market and these are popular among younger people, it is one of the important reasons for the market growth of chocolate inclusions.

Based on application, the market has been categorized into cereal products, snacks & bars, bakery products, dairy & frozen desserts, chocolate & confectionery products, and others. Among them, the dairy & frozen dessert category is expected to witness significant growth in the market during the forecast period. The rising popularity of frozen desserts among children and the availability of low-calorie desserts propels the segmental growth in the market.

North America to witness extensive growth

For a better understanding of the market adoption of the Food Inclusions industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is expected to experience significant growth in the food inclusion market due to the presence of major food companies along with the increasing adoption of a healthier lifestyle in the region. Furthermore, increasing the use of food inclusions in a variety of products to enhance taste and texture is attributed to the growth of the food inclusions market in the region.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Food Inclusions market are Cargill, ADM, Barry Callebaut, Kerry Group PLC, Tate and Lyle, AGRANA Beteiligungs-AG, Sensient Technologies Corporation, Puratos, Balchem Inc., and Taura Natural Ingredients Ltd.

“Global Food Inclusions Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

Market Segmentation:

1.     By Types (Chocolate, Fruit & Nut, Cereal, Flavored Sugar & Caramel, Confectionery, and Others)

2.     By Application (Cereal Products, Snacks & Bars, Bakery Products, Dairy & Frozen Desserts, Chocolate & Confectionery Products, and Others)

3.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.     By Company (Cargill, ADM, Barry Callebaut, Kerry Group PLC, Tate and Lyle, AGRANA Beteiligungs-AG, Sensient Technologies Corporation, Puratos, Balchem Inc., and Taura Natural Ingredients Ltd)

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Key questions answered in the study:

1.     What are the current and future trends in the global food inclusion industry?

2.     How the industry has been evolving in terms of types and applications?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global food inclusion industry?

5.     What is the customer orientation, purchase behavior, and expectations from the global suppliers across various region and countries?

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