Global Food Texturants Market – Industry Trends and Forecast to 2029

Food Texturants Market Analysis and Size

Consumers are also making healthier food choices without sacrificing taste and flavour. Texturants help preserve the sensory characteristics of foods while lowering fat content. This function aids in the production of tasty, low-fat food products, and it has increased consumer acceptance of texturants.

Data Bridge Market Research analyses that the food texturants market was valued at USD 4.6 billion in 2021 and is expected to reach the value of USD 7.33 billion by 2029, at a CAGR of 6.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Food Texturants Market Scope and Segmentation

Market Definition

Texturants are a type of specialty ingredient that can be used to control and customise the mouthfeel, taste, and texture (physical properties) of food and beverages. Customers are always interested in desired textured foods, which boosts the food texturant market. These texturants are made not only of synthetic chemicals, but also of natural substances.

Global Food Texturants Market Dynamics

Drivers

• Consumers growing health consciousness and adoption of healthy alternatives

Consumers' growing health consciousness is fuelling the growth of the global texturants market. This is due to the nutritional benefits of the texturants, which contain a high concentration of lactic acid. Texturants also contain vitamin E, which is beneficial to the body because it aids reproduction, vision, brain, blood, and skin health. Lactic acids are antioxidants that help to prevent some serious health problems. Its high citrus fibre content and low calorie count provide significant health benefits.

• The growing trend of veganism around the globe

The growing veganism among consumers is fuelling the growth of the texturants Market. This is due to consumers' growing awareness of health, social impact, and sustainability. Veganism is becoming more popular among consumers due to animal welfare and personal health concerns. Texturants are also in high demand from both the residential and commercial sectors.

Opportunity

The overall food and beverage industry's macro trend of clean label ingredients is driving the demand for natural/organic ingredients, presenting a tremendous opportunity for the food texturants market to grow. Food texturants derived from natural sources are readily available and inexpensive, giving manufacturers a cost advantage. Furthermore, unlike synthetic sources, these products require less processing and provide nutritional benefits. Manufacturers of food and beverage products are putting a lot of effort into research and development to improve the nutritional and multifunctional profile of food items with many health benefits, driving the global food texturants market growth.

Restraints

The stringent regulation imposed by various governments regarding the manufacture of texturants is a significant restraint on the food texturants’ market growth. Due to a lack of supply of some texturants in the global market, growth is slower than it should be.

This food texturants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 the food texturants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Food Texturants Market

During the COVID-19 pandemic, the food texturants market was impacted from raw material procurement to end product production. Manufacturers faced difficulties due to a labour shortage, and import and export restrictions halted production. Food and beverage products containing food texturants such as sweetener and food flavour, such as bakery products, confectionery, dairy products, and soft drinks, have been held back as supermarkets re-allocated stock priorities toward staples and essential supplies due to the outbreak. This was primarily due to mass lockdown orders issued by the governments of several countries in order to prevent the spread of the pandemic in their respective countries.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• International Flavors & Fragrances merged with DuPont Nutrition and Bioscience in 2021. The merger will result in the company gaining leadership in enzymes, food flavours, and scents, among other advantages.
• Tate & Lyle formed a distribution partnership with Solevo, a leading chemical distributor in South Africa, in 2020. The companies shared the goal of providing high-quality food and beverage ingredients such as low-calorie sweeteners, soluble fibres, and other ingredients.
• Ingredion Incorporation introduced Evanesse CB6194, the company's first clean-label emulsifier made of vegan chickpea, in the United States and Canada in 2020. This product innovation was in response to the growing vegan population in the United States.

Global Food Texturants Market Scope

The food texturants market is segmented on the basis of nature, type, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Hydrocolloids
• Fats
• Sugar
• Food Cultures
• Lecithin
• Bioactive Ingredients
• Others

Nature

• Conventional
• Clean label
• Others

Application

• Bakery & Confectionery
• Beverages
• Convenience Foods
• Dairy & Frozen Desserts
• Spices
• Infant food
• Fortified food
• Condiments
• Sauces & Dressings
• Others

Form

• Powder
• Liquid
• Semi-solid

Food Texturants Market Regional Analysis/Insights

The food texturants market is analysed and market size insights and trends are provided by country, nature, type, form and application as referenced above.

The countries covered in the food texturants market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, 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 Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, 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.

Asia-Pacific is dominating the market due to growing population, rising incomes, and rapid urbanisation. All of these factors have led to increased use of food texturants and other food processing ingredients.

Asia-Pacific market is expected to grow during forecast period of 2022 to 2029. This is due to rising individual disposable income, a shift in preference toward western cuisines and packaged meals, a demanding work life, longer working hours, and a desire for healthy alternatives.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Texturants Market Share Analysis

The food texturants 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 texturants market.

Some of the major players operating in the food texturants market are:

• DSM (Netherlands)
• BASF SE (Germany)
• Lonza Group (Switzerland)
• Glanbia Plc (Ireland)
• ADM (U.S.)
• Farbest Brands (U.S.)
• SternVitamin GmbH & Co. KG (Germany)
• Adisseo (France)
• BTSA Biotechnologias Aplicadas S.L. (Spain)
• Rabar Pty Ltd (Australia)
• Novus International (U.S.)
• Kerry Group plc (Ireland)
• Chr. Hansen Holding A/S (Denmark)
• Lallemand Inc. (Canada)
• Lesaffre (France)
• AB Mauri (U.K.)
• Laffort (France)
• Alltech (U.S.)
• Imperial yeast (U.S.)
• DCL Food Distributors (UK)
• Agrano GmbH & Co. K.G. (Germany)
• UNIFERM GmbH & Co. K.G. (Germany)

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