Food Ingredient Market

Food Ingredient Market Study by Food Hydraulics, Food Enzymes, Food Flavors, and Food Colors from 2024 to 2034

Analysis of Food Ingredient Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Food Ingredient Market Outlook (2024 to 2034)

The global food ingredient market size is estimated to reach US$ 35.15 billion in 2024. Projections are that the market will expand at a CAGR of 4.9% to end up at US$ 56.79 billion by 2034.

In the food ingredient business space, flavors are rapidly evolving. The global market for natural food flavors is expected to grow significantly, mainly driven by rising consumer preference for natural and biotech flavors and more manufacturers tapping into this niche market.

  • The market in South Korea is forecasted to expand at a CAGR of 6.2% through 2034.
  • Canada is projected to hold a market share of 20.2% in North America, while the Mexico market is evaluated to expand at a CAGR of 5.2% between 2024 and 2034.
  • The meat and poultry segment is projected to reach a value of US$ 5.85 billion by 2034.

Because natural food tastes have such large profit margins, more and more firms are entering the industry. In the next five to six years, several firms are expected to release goods with biotech flavors. In addition, producers should advertise their goods under natural and biotech labels to draw in more consumers and new ones. New entrants are anticipated to fuel the global food flavor market's expansion, making the food ingredient market size reach new heights.

Superfoods are defined as foods with extraordinarily high nutritional profiles and therapeutic qualities. Superfoods like matcha, chia, baobab, and turmeric are already popular. Social media makes it possible to spread the word about these food products that include superfoods, therefore there is a hopeful future for the demand for superfood components produced from plants, thus contributing to food ingredient market growth.

Essential food components used in the processed food and beverages industry to make packaged foods include stabilizers, thickeners, emulsifiers, and sweeteners. Because sugar solutions create a high osmotic pressure, they impart flavor, texture, and viscosity while also serving as a preservative. However, as the world's population grows and people get more stressed out by their jobs, they turn to packaged and processed meals to cut down on time and satiate their hunger. Additionally, as processed food becomes more widely available, consumer eating patterns are changing significantly.

Report Attribute Detail
Food Ingredient Market Size (2024E) US$ 35.15 Billion
Forecasted Market Value (2034F) US$ 56.79 Billion
Global Market Growth Rate (2024 to 2034) 4.9% CAGR
United States Market Share (2034F) 73.1%
Japan Market Growth Rate (2024 to 2034) 5.8% CAGR
North America Market Share (2024E) 22.6%
East Asia Market Growth Rate (2024 to 2034) 5.5% CAGR
Key Companies Profiled Cargill, Incorporated; Archer Daniels Midland Company (ADM); DuPont de Nemours, Inc.; Kerry Group; Ingredion Incorporated; Tate & Lyle PLC; Chr. Hansen Holding A/S; FMC Corporation; Naturex (Givaudan); Sensient Technologies Corporation; Corbion NV; DSM Nutritional Products; BASF SE; Associated British Foods plc (ABF); Ajinomoto Co., Inc.

Don't Need a Global Report?

save 40%! on Country & Region specific reports

What is Aiding Suppliers of Food Ingredients in Increasing Their Profit Margins?

“Market Benefiting from Growing Appetite for Fast Food Worldwide”

Growing demand for fast foods has been significantly influenced by the millennial generation. They introduce fresh culinary fads, which have a long-term impact on various ingredient classes. Food texturizers and gums have seen an increase in demand throughout time, and this trend is expected to continue as people's use of food for celebration and expression grows more and more common.

North America accounts for a high portion of the global fast food business. As neighboring countries also show a growing appetite for fast food and related products, demand in North America and Latin America remains strong. This rise in fast food consumption has increased the need for food additives and components that enhance the taste, texture, and sensory appeal of these products.

“Rising Demand for Food Enzymes, Flavors, and Colors”

Rising demand for bakery goods, fast food items, and desserts is indicative of a growing consumer preference for convenience food. Convenience food consumption is rising, with notable increases seen in Middle Eastern and African nations, China, Brazil, India, and other countries where per capita food expenditure rises in tandem with rising per capita income. The additives that give convenience meals their requisite organoleptic qualities and provide them a longer shelf life than average–both of which increase customer appeal–make up a significant portion of these products.

Demand for food enzymes, flavors, and colors rises in direct proportion to the growth in bread and confectionery food consumption. The rising demand for nutritious convenience meals like various kinds of protein and nutrition bars can be linked to a rise in the need for other food ingredients like starches and natural and synthetic gums.

What is Hurting Market Growth of Food and Ingredient Suppliers?

“Low Stability of Special Ingredients and Limited Shelf Life”

Limited shelf life and volatility of several specialized ingredients lead to significant challenges for suppliers of specialty food ingredients. Specialty components sometimes possess unique properties that add value for applications; yet, the same properties can also contribute to their unstable nature and short shelf life.

Many natural sources of specialized ingredients, such as fruits, vegetables, and herbs, are susceptible to degradation and expiry over time. These compounds could include flavorings, volatile substances, or active ingredients that spoil or lose their potency in the presence of air, light, or moisture. Because of this, some constituents may have a lower shelf life than highly processed or synthetic compounds.

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

Country-wise Analysis

Demand for food ingredients has always been global. The market is expected to have a profitable future worldwide, particularly in major countries such as the United States, China, Japan, Canada, and South Korea, with the United States holding a significant food ingredient market share in North America.

What’s Increasing Revenue Streams of Suppliers in the United States?

“Rising Demand for Low-Calorie Food Products and Reduction in Overall Food Production Costs”

Attribute United States
Market Value (2024E) US$ 5.89 Billion
Growth Rate (2024 to 2034) 4.1% CAGR
Projected Value (2034F) US$ 8.8 Billion

Using hydrocolloids, such as gums, thickening agents, artificial flavors, and sweeteners, is one of the main strategies to reduce the calorie content of the food product. Because thickening agents and hydrocolloids lower the overall cost of food production while also helping products meet the low-calorie target for the consumer, which increases product appeal, both consumers and producers benefit from increased demand for low-calorie food products brought on by the rising prevalence of obesity. The several advantages of hydrocolloids, such as gums and thickeners, have been demonstrated to be advantageous for the rise in demand in the United States.

What is Favoring Food Ingredient Manufacturers in China?

“Expansion of Clean Label Movement Complementing Food Ingredient Sales Growth”

Attribute China
Market Value (2024E) US$ 5.98 Billion
Growth Rate (2024 to 2034) 5.3% CAGR
Projected Value (2034F) US$ 10.02 Billion

More consumers are looking for products with natural, identifiable ingredients over artificial additions, preservatives, and chemicals. A burgeoning market for natural flavorings, colorants, and preservatives has resulted from food producers reformulating their goods with clean-label ingredients in response to this trend.

Manufacturers of food ingredients are coming up with creative ways to provide a broad array of clean-label options, such as natural extracts, plant-based components, and non-GMO substitutes. This movement is driving market expansion overall by encouraging producers to acquire high-quality, ethically sourced products, in addition to having an impact on consumer purchase decisions.

Category-wise Analysis

The market is divided into various categories, and suppliers are concentrating on different segments to ensure they maximize their profits globally.

What is Driving Preference for Diverse Food Flavors Over Specific Ingredients?

“Shift toward Engaging and Enjoyable Food Consumption”

Attribute Food Flavors
Segment Value (2024E) US$ 11.04 Billion
Growth Rate (2024 to 2034) 4.5% CAGR
Projected Value (2034F) US$ 17.09 Billion

Consumers are now primarily focused on food flavors available in the market. Instead of preferring specific food ingredients, they are showing a high level of interest in and enjoyment of various flavors. Whether it is the enticing aroma of vanilla, the comforting taste of cinnamon, or the refreshing zest of citrus, consumers are drawn to culinary flavors. This growing trend indicates a shift towards a more engaging and enjoyable way of consuming food products.

What is a Key Trend in the Bakery and Confectionery Segment?

“Focus on Innovation to Meet Changing Consumer Eating Preferences”

Attribute Bakery & Confectionary
Segment Value (2024E) US$ 8.75 Billion
Growth Rate (2024 to 2034) 4.7% CAGR
Projected Value (2034F) US$ 13.91 Billion

The culinary ingredients market is expanding, driven significantly by the bread and confectionery sectors. These industries utilize a diverse array of food items for various purposes, leading to an increasing demand for ingredients. This food ingredient market trend is fueled by evolving consumer preferences and the continuous introduction of new products, solidifying the bakery and confectionery sectors.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Market Competition

Key players in the food ingredient market are trying to launch new product lines involving plant protein ingredients and natural food colors.

  • In 2022, Tate & Lyle signed a strategic distribution collaboration with a leading erythritol supplier to launch Erytesse, a new sweetener. With this acquisition, Tate & Lyle is better able to help clients fulfill the growing demand from consumers for goods that are lower in calories, sugar, and/or fat.
  • For a total enterprise value of US$ 453 million, Royal DSM and First Choice Ingredients, a well-known provider of savory flavorings derived from dairy, reached an agreement in 2022. First Choice Ingredients, with a focus on savory flavorings derived from dairy and fermented dairy products, is a company that enhances taste and functionality for a variety of food industry applications.

Fact.MR provides detailed information about the price points of key food ingredient manufacturers positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Key Segments of Food Ingredient Market Research

  • By Product Type :

    • Food Hydrocolloids
      • Plant Source
      • Gun Arabic
      • Guar Gum
      • Locust Bean Gum
      • Pectin
      • Starches
      • Others
    • Microbial Source
      • Xanthan Gum
      • Curdlan
      • Gellan Gum
    • Seaweed Source
      • Carrageenan
      • Agar-Agar
      • Alginate
    • Synthetic Source
      • Carboxymethylcellulose
      • Methyl Cellulose
      • Animal Source
    • Food Enzymes
    • Food Flavors
    • Food Colors
  • By End Use :

    • Dairy Products & Frozen Food
    • Bakery & Confectionary
    • Sauces, Dressings & Condiments
    • Beverages
    • Snacks & Savory
    • Meat & Poultry Products
    • Pet Food
  • By Function :

    • Thickeners
    • Stabilizers
    • Gelling Agents
    • Leavening Agents
    • pH Control Agents
    • Flavoring & Coloring Agents
    • Emulsifiers
  • By Region :

    • North America
    • Latin America
    • Eastern Europe
    • Western Europe
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    6.1. Function

    6.2. Product Type

    6.3. End Use

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Function

    7.1. Thickeners

    7.2. Stabilizers

    7.3. Gelling Agents

    7.4. Leavening Agents

    7.5. pH Control Agents

    7.6. Flavoring & Coloring Agents

    7.7. Emulsifiers

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type

    8.1. Food Hydrocolloids

    8.2. Microbial Source

    8.3. Seaweed Source

    8.4. Synthetic Source

    8.5. Food Enzymes

    8.6. Food Flavors

    8.7. Food Colors

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use

    9.1. Dairy Products & Frozen Food

    9.2. Bakery & Confectionary

    9.3. Sauces, Dressings & Condiments

    9.4. Beverages

    9.5. Snacks & Savory

    9.6. Meat & Poultry Products

    9.7. Pet Food

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region

    10.1. North America

    10.2. Latin America

    10.3. Western Europe

    10.4. Eastern Europe

    10.5. East Asia

    10.6. South Asia & Pacific

    10.7. Middle East & Africa

11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

18. Sales Forecast 2024 to 2034 by Function, Product Type, End Use, and Region for 30 Countries

19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

20. Company Profile

    20.1. Cargill, Incorporated

    20.2. Archer Daniels Midland Company (ADM)

    20.3. DuPont de Nemours, Inc.

    20.4. Kerry Group

    20.5. Ingredion Incorporated

    20.6. Tate & Lyle PLC

    20.7. Chr. Hansen Holding A/S

    20.8. FMC Corporation

    20.9. Naturex (Givaudan)

    20.10. Sensient Technologies Corporation

    20.11. Corbion NV

    20.12. DSM Nutritional Product Types

    20.13. BASF SE

    20.14. Associated British Foods plc (ABF)

    20.15. Ajinomoto Co., Inc.

21. Assumptions and Acronyms Functiond

22. Research Methodology

Don't Need a Global Report?

save 40%! on Country & Region specific reports

List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Function, 2019 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Function, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Function, 2019 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Function, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Function, 2019 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Function, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034

Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Western Europe Market Value (US$ Mn) Analysis, by Function, 2019 to 2023

Table 41: Western Europe Market Value (US$ Mn) Analysis, by Function, 2024 to 2034

Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034

Table 43: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 44: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 46: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023

Table 47: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034

Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034

Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Function, 2019 to 2023

Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Function, 2024 to 2034

Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034

Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023

Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034

Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034

Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: East Asia Market Value (US$ Mn) Analysis, by Function, 2019 to 2023

Table 65: East Asia Market Value (US$ Mn) Analysis, by Function, 2024 to 2034

Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034

Table 67: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 68: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 70: East Asia Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023

Table 71: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034

Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034

Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Function, 2019 to 2023

Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Function, 2024 to 2034

Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034

Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023

Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034

Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034

Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 88: MEA Market Value (US$ Mn) Analysis, by Function, 2019 to 2023

Table 89: MEA Market Value (US$ Mn) Analysis, by Function, 2024 to 2034

Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034

Table 91: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 92: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 94: MEA Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023

Table 95: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034

Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Function, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Function, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Function, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by End Use, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Function, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Function, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Function, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by End Use, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by End Use, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Function, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Function, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Function, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Western Europe Market Share and BPS Analysis by Function, 2024 & 2034

Figure 57: Western Europe Market Y-o-Y Growth Projections by Function, 2024 to 2034

Figure 58: Western Europe Market Attractiveness Analysis by Function, 2024 to 2034

Figure 59: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 60: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 61: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 62: Western Europe Market Share and BPS Analysis by End Use, 2024 & 2034

Figure 63: Western Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034

Figure 64: Western Europe Market Attractiveness Analysis by End Use, 2024 to 2034

Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 73: Eastern Europe Market Share and BPS Analysis by Function, 2024 & 2034

Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Function, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness Analysis by Function, 2024 to 2034

Figure 76: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 78: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 79: Eastern Europe Market Share and BPS Analysis by End Use, 2024 & 2034

Figure 80: Eastern Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034

Figure 81: Eastern Europe Market Attractiveness Analysis by End Use, 2024 to 2034

Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 89: East Asia Market Share and BPS Analysis by Function, 2024 & 2034

Figure 90: East Asia Market Y-o-Y Growth Projections by Function, 2024 to 2034

Figure 91: East Asia Market Attractiveness Analysis by Function, 2024 to 2034

Figure 92: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 93: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 94: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 95: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034

Figure 96: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034

Figure 97: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034

Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 105: South Asia & Pacific Market Share and BPS Analysis by Function, 2024 & 2034

Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Function, 2024 to 2034

Figure 107: South Asia & Pacific Market Attractiveness Analysis by Function, 2024 to 2034

Figure 108: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 110: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 111: South Asia & Pacific Market Share and BPS Analysis by End Use, 2024 & 2034

Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by End Use, 2024 to 2034

Figure 113: South Asia & Pacific Market Attractiveness Analysis by End Use, 2024 to 2034

Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 118: MEA Market Share Analysis by Country, 2024 & 2034

Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 121: MEA Market Share and BPS Analysis by Function, 2024 & 2034

Figure 122: MEA Market Y-o-Y Growth Projections by Function, 2024 to 2034

Figure 123: MEA Market Attractiveness Analysis by Function, 2024 to 2034

Figure 124: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 125: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 126: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 127: MEA Market Share and BPS Analysis by End Use, 2024 & 2034

Figure 128: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034

Figure 129: MEA Market Attractiveness Analysis by End Use, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the food ingredient market in 2024?

The market for food ingredients is estimated to reach US$ 35.15 billion in 2024.

How is the market for food ingredients faring in the North American region?

The North America market is foreseen to expand at a CAGR of 4.2% and account for 21.2% share of the global market by 2034.

What is the estimated market size for Mexico by 2034?

The market in Mexico is projected to expand at a CAGR of 5.2% between 2024 and 2034.

At what rate is the market forecasted to advance in in South Korea?

The S. Korea market is approximated to advance at a CAGR of 6.2% between 2024 and 2034.

Which ingredient type accounts for high revenue generation?

The food colors segment is projected to expand at a CAGR of 5.1% through 2034.

Who are the main competitors in the food ingredient market?

Key market players are Cargill Incorporated, Archer Daniels Midland Company (ADM), DuPont de Nemours, Inc., and Kerry Group.

- Also of Interest -

Baking Ingredient Market

Baking Ingredient Market Study by Emulsifiers, Leavening Agents, Enzymes, Baking Powder & Mixes, Oils & Fats, Colors & Flavors, Dough Conditioners, and Starch from 2024 to 2034

Natural Food Color Market

Natural Food Color Market By Product (Carotenoid, Curcumin, Anthocyanin, Chlorophyll, Carmine), By Form (Liquid, Powder, Gel, Emulsion), By Application (Dairy Food Products, Beverages, Confectionery & Bakery Products) & Region - Global Market Insights 2023 to 2033

Functional Dairy Ingredients Market

Functional Dairy Ingredients Market Analysis By Nature (Organic, Conventional), By Type (Proteins & Amino Acids, Oils & Fatty Acids, Carotenoids), By Source (Animal-based, Plant-based), By End Use (Whole Milk, Confectionery, Yogurt), By Region - Global Insights 2022 - 2032

Plant Protein Ingredient Market

Plant Protein Ingredient Market Study by Soy, Wheat, Pea, Rice, and Potato Protein for Sports, Clinical, and Infant Nutrition; Bakery & Confectionary; and Fortified Food & Beverages from 2024 to 2034

Food Ingredient Market

Schedule a Call