Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 14.26 Billion | USD 23.09 Billion | CAGR at 5.50% | 2023 |
According to the report published by Zion Market Research, the global Food Texturing Agent Market size was valued at USD 14.26 Billion in 2023 and is predicted to reach USD 23.09 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.50% during the forecast period. The report analyzes the global Food Texturing Agent Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Food Texturing Agent Market industry.
The products are used to bring the alteration in the food texture by imparting properties such as thickness, gumminess, and creaminess. Food texturing agents play a significant part in elongating the product shelf lifespan. Emulsifiers, dough conditioners, stabilizers, and phosphates are some of the best examples of food texturing agents.
Massive application of the product in dairy foods, bakery products, frozen diet, snacks, beverages, and meat, as well as poultry products, will drive the worldwide trends for food texturing agent market. Emulsifiers find application in the diet as they impart flavor and helps in avoiding food spoilage as well as oil evaporation. On the other hand, phosphates are utilized as a texturing agent in order to alter the texture of diet comprising of protein and starch. Stabilizers help in offering and imparting the necessary texture in liquid and semi-liquid food items such as ice-cream.
Nevertheless, the food texturing agents helps in providing texture to the final product, thereby helping in offering stability to the food and elongating its shelf life. Aspects like massive consumer trend for a low-fat diet, good textured diet, and large-scale inventions witnessed across the food processing sector will proliferate the preference for food texturing agents over the next decade.
The global food texturing agent market can be classified into product type and application.
Product Type wise, the market is sectored into the emulsifying agent, thickening agent, stabilizing agent and gelling agent.
Application wise, the food texturing agent market is divided into dairy & frozen diet, snacks & savory, meat & poultry items, sauces & dressings and beverages.
Report Attributes | Report Details |
---|---|
Report Name | Food Texturing Agent Market Research Report |
Market Size in 2023 | USD 14.26 Billion |
Market Forecast in 2032 | USD 23.09 Billion |
Growth Rate | CAGR of 5.50% |
Number of Pages | 201 |
Key Companies Covered | E.I. DuPont De Nemours & company, PenfordCorporation, Ajinomoto Co. Inc., Archer Daniels Midland, Kerry Group, CP Kelko, Cargill, Fiberstar Inc., and Tate & Lyle Inc. |
Segments Covered | By Product type, By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on the region, the global food texturing agent market can be divided into five main regions: North America, Latin America, Europe, the Middle East, and Africa, and the Asia Pacific. Food texturing agent market in North America is likely to flourish in the coming decade, subject to the presence of developed food processing units in the countries such as; Canada and the United States of America. Moreover, population explosion witnessed in the countries such as India and China is likely to culminate in huge demand for food texturing items, thereby charting a new growth map for Asia Pacific food texturing agent market.
Nevertheless, with thriving bakery sector, the European market is slated to witness an enormous surge in the forthcoming years. In addition, intake of tertiary processed diet as a result of the hectic work schedule of professionals will impel the market demand in the continent. Meanwhile, the Middle East and African market are foreseen to record a moderate growth with high standards of living during the assessment time span.
Few of the main participants in food texturing agent market include:
By Product type
By Application
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