Food ingredients are categorized into food additives, preservatives, nutrients, pH control food colors, nutraceuticals, taste modifiers, sugar substitutes, cooking oils, and algae food ingredients among others. The demand for food ingredients is being driven by the growth of the food and beverages industry across the world. Food ingredients are added to food in order to enhance its flavor and taste. These are used for coloring, emulsification, preservation, and nutrition enhancement. They also help to enhance the shelf life, texture, and stability of processed food. Moreover, food ingredients are largely used in bakery, dairy, confectionery, meat & sea food, convenience food, and functional food.
Food ingredients are used to preserve, increase flavor, blend, color, thickness, and maintain nutrition. For instance, salt is used to preserve meats and fish, sugar to preserve fruits, vinegar solution or citric acid to preserve pickles, and herbs and spices to enhance flavor. Demand for natural food ingredients is increasing due to lower side effects and favorable regulations. Natural food ingredients are extracted from natural sources such as corn and soybean to maintain the consistency of food, from beet powder to provide color in food, and from ascorbic acid or vitamin C to increase the shelf life of pickles.
Synthetic food ingredients are used to increase the shelf life of food. For instance, ethanol is used to enhance the shelf life of wine. Also, butylated hydroxyanisole (BHA), benzoic acid and vitamin C are easily available synthetic food ingredients which restrict the bacterial growth and provide better shelf life.
Globalization has led to increasing trade activities in the food and beverages sector. There has been an increase in import and export of food items across the globe. To maintain the quality of food, the shelf life of food products has to be enhanced. Europe is the second largest market for food ingredients due to increasing demand for healthier alternatives to regular food.
OPPORTUNITIES
Increasing population and rapid urbanization owing to rising disposable income is expected to fuel growth of the market for food ingredients. Moreover, changing lifestyle and rapid adoption of convenience food is driving growth of the global food ingredients market. Also, the increasing health awareness and prevalence of food borne diseases is fueling demand for natural food ingredients. North America is expected to dominate the global food ingredients market due to rising number of women in the workforce, and inclination towards ready-to-eat food. However, the market in Asia Pacific is expected to witness significant growth due to an economic boom in China, India, and Japan which is propelling demand for convenience food. Moreover, rapid urbanization in Asia Pacific and influence of western culture is expected to favor growth of the food ingredients market in Asia Pacific.
The dairy industry is expected to witness the highest growth due to increasing demand for protein food across the world. Moreover, favorable government policies in various regions are expected to create a conducive environment for growth of the market. For instance, in 2017-2018 budget, the government of India announced plans to set up a dairy processing unit with an investment of US$ 1.2 billion. According to the India Brand Equity Foundation (IBEF), a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India, the food industry in India is expected to reach US$ 65.4 billion by 2018. Also, in 2016, the food processing industry contributed 14% to India’s GDP. Moreover, the Association of Food Industries of China predicts that China would become the world’s largest consumer of food by 2018. Also, growing disposable income of the middle class Chinese households is expected to fuel demand for food ingredients in the country.
Market players are introducing new products in the market to meet the growing demand and to strengthen their product offerings. For instance, on April 27, 2017, DuPont Nutrition & Health introduced SUPRO XT55 Isolated Soy Protein to increase profitability of high protein beverages. Soy protein, is an alternative to dairy product in terms of protein supply.
KEY CHALLENGES
Stringent government regulations and a lengthy approval process is likely to hamper growth of the market for food ingredients to some extent.
Introduced the National Food Safety Standard for Food Additive Use (GB2760-2014), which will be implemented on May 24, 2015
Some of the key players in the market are Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Kerry Group PLC (Ireland), Associated British Foods PLC (U.K.), E. I. Du Pont De Nemours and Company (U.S.), Arla Foods (Denmark), BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), DMH Ingredients (U.S.), and Ajinomoto Co., Inc. (Japan).
The proven ways to lose weight are cutting calories, eating healthy foods, and being physically active. However, bringing these changes in lifestyle is not easy, so people consume weight loss diet products in order to lose weight more efficiently. Weight loss diet pro... View more
Global Soy Protein Market – Insights Soy protein is isolated from soybean and it is available as isolates, concentrates, and flour. Soy proteins have various health benefits such as lower... View more
Ginseng is a slow growing perennial plant which can live for more than a century and has green oval-shaped leaves with fleshy roots. There are mainly two types of ginseng: American ginseng and Asian ginseng. American ginseng is known as Panax quinquefolius and Asian g... View more
Coconut flesh is highly nutritious and offers fibers, vitamins E, C, B1, B3, B5, and B6, and minerals such as iron, sodium, calcium, magnesium, selenium, and phosphorous. Furthermore, coconut products offer multiple health benefits such as improvement in cardiovascula... View more
The global sunflower seeds market was valued at US$ 31,668.1 Mn in 2020 and is expected to reach US$ 61,460.2 Mn by 2027, exhibiting a CAGR of 9.9% during the forecast period. ... View more
Bay leaf is an aromatic dried leaf of bay tree, majorly cultivated in the Mediterranean region. Bay leaf finds its major application as culinary herb for flavor in food preparation. Apart from cooking, it also possesses medicinal benefits and used to control blood sug... View more
Permeate is a by-product obtained during ultrafiltration of milk to extract milk protein and fat. The extract is dried using advanced spray drying techniques. Milk permeate powder is a natural food ing... View more
Maltodextrin is a white powder starch derivative and is used as a food additive. It is produced by partial hydrolysis of grains starch such as corn, wheat, potatoes, and rice. It has a bland flavor and smooth texture which makes it suitable as ... View more
Dextrin is a colorless, order less, tasteless, gummy, and low molecular carbohydrate which is specially used in food, pharmaceutical, textile, and others industry. It is formed as a result of hydrolysis of either starch or glycogen. Dextrins are the mixture of polymer... View more
DHA (Docosahexaenoic Acid) and ARA (Arachidonic Acid) are types of fatty acids which are found in some of the foods like fish and eggs but are mostly found in breast milk. Both DHA and ARA are special type of fatty acids called polyunsaturated fatty acids. DHA and ARA... View more
Abamectin is a natural fermentation byproduct of soil bacterium Streptomyces avermitilis. It is used as pesticides, insecticides, anthelmintics, and nematicides. Abamectin is available as a mixture of avermectins containing over 80% avermectin B1a and less than 20% av... View more
Definition of Market/Industry: Saffron is a type of spice that is used across a wide range of end-user industries such as pharmaceutical, food &beverage, etc. Saffron is derived from stigmas of the crocus sat... View more
Bacillus coagulans is a bacteria utilized as a probiotic. The bacteria’s ability to withstand harsh acidic environments has led to its adoption in probiotics, which specifically target the human digestive system. It is useful in alleviating stomach ailments, con... View more
Guarana is a dried paste that is extracted from crushed seeds of P. sorbilis or P. cupana. Guarana is widely used across various applications such as cosmetics, food & beverages, and pharmaceutical. Guarana provides various health benefits such as weight managemen... View more
Drinkable Peanut Powder Market 2017–2027 Drinkable peanut powder is a peanut powder that is used to enhance the flavor of the beverage such as smoothies and other food products. This powder is basically p... View more
Coconut milk is a liquid obtained by manual or mechanical extraction of coconut meat, with or without water. The composition of coconut milk depends on water used during extraction. Water also affects the fat content and moisture of coconut milk. Coconut milk is sligh... View more
Stevia is also referred to as Stevia rebaudiana. Stevia products are produced from rebaudioside A (Reb-A), a highly refined stevia leaf extract. Stevia also contains natural sweeteners and is widely used in the preparation of various food products. The global stevia m... View more
Milk protein concentrate is a concentrated milk product that contains 40% to 85% milk protein. It is considered as a complete protein as it contains both casein and whey protein in a similar ratio. Moreover, low amount of lactose present in milk protein concentrate po... View more