Global Food Humectants Market, By Source (Natural and Synthetic), Product Type (Sugar Alcohol, Phosphate, Glycol, Glycerol, Lactate and Others), Application (Bakery Products, Beverages, Functional & Nutritional Foods, Confectionery Products, Dairy Products and Others), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Turkey, Netherlands, Russia, Poland, Denmark, Sweden, Romania, Belgium, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Peru, Colombia, Rest of South America, South Africa, Saudi Arabia, U.A.E., Kuwait, Qatar, Ethiopia, Israel, Azerbaijan and Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Global Food Humectants Market
Food humectants market is expected to gain market growth of USD 1,660.02 million with a CAGR of 14.8% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow in the above-mentioned forecast period. Rising need of plant protein amid rising amount of health concerns and veganism worldwide has been directly impacting the growth of food humectants market.
Humectants are generally used in food & beverages industry and its market is increasing in accordance with the latest advancement in the bakery & confectionery products, and nutritional and functional food & beverage industry. Whereas the consumption of humectants is highly demand in the segment of food & beverage, animal feed, cosmetics & personal care products and pharmaceutical industries.
Increasing consumption of bakery food products with better shelf life is the main driving factor for the food humectants market. Growing consumer preference for sugarless and low calorie foods is also a driver for the food humectants market. Rising disposable income of consumers in developed and developing regions, the consumers are willing to spend more on bakery & confectionery products such as cookies, biscuits along with functional & nutritional foods, fruit & vegetable juices, health supplements, is an opportunity for the food humectants market.
Strict regulations for food humectant is a challenge for the growth of food humectants market. However, uncertainty and side effects related with humectants among the consumers is the main restraint for food humectants market during the forecast period of 2021-2028.
This food humectants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research food humectants market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Food Humectants Market Scope and Market Size
Food humectants market is segmented on the basis of source, product type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on source, the food humectants market is segmented into natural and synthetic.
- Food humectants market has been segmented based on product type, into sugar alcohol, phosphate, glycol, glycerol, lactate and others.
- Based on application, the food humectants market is segmented into bakery products, beverages, functional & nutritional foods, confectionery products, dairy products and others.
Food Humectants Market Country Level Analysis
Food humectants market is analysed and market size insights and trends are provided by country, as source, product type and application referenced above.
The countries covered in the food humectants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the food humectants market due to FDA approval for the use of humecants as a food additive in this region, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to due to rapid expansion in population, growing consciousness about the contamination in food and general food safety along with increasing number of investments in the food and beverages industry.
The country section of the food humectants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Food Humectants Market Share Analysis
Food humectants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food humectants market.
The major players covered in the food humectants market report are Archer Daniels Midland Company, Cargill, Incorporated, DuPont, The Dow Chemical Company, Brenntag Pte. Ltd., Acme-Hardesty Company.., GALACTIC, Roquette Frères, Barentz, Corbion N.V., WINWAY, Akash Purochem Private Limited, ICL, The Ransdal Corporation, Aditya Birla Chemicals, Ashland., BASF SE, Acme Hardesty Co., Archer Daniels Midland, Ashland Global Holdings Inc., Brenntag AG, Corbion N.V. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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