Turkey Food Fibers Market is expected to grow with a CAGR of 8.3% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below:
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Turkey food fibers market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favourable market scenarios.
The major players dealing in Turkey food fibers market are introducing a substantial range of product portfolios. This has helped the companies to maximize sales with an enhanced product portfolio. For instance, in February 2021, Kerry acquired Biosearch Life which is a leader in the nutraceutical and functional food sectors. Biosearch life provides extensive range of probiotics and recognised leader in premium probiotics. This acquisition has helped the company to widen its product portfolio.
Cargill, Incorporated is the dominating player in Turkey food fibers market. The other key players existing in the food fibers market are Tate & Lyle, ADM, Kerry, Ingredion, DuPont Nutrition Bioscience Aps, DSM, BENEO, J. RETTENMAIER & SÖHNE GmbH + Co KG, InterFiber, Ceamsa, Klyomo company limited, Galam, GREENFIELD, Sensus among others.
Cargill, Incorporated
Cargill, Incorporated is headquartered in Iowa, U.S. and was founded in 1865. The company focuses to bring food, agricultural, financial and industrial products to people who need them all around the world. The company has multiple business segments such as agriculture, animal nutrition, beauty, bio industrial, carbon solutions, foodservice, food & beverage, pharmaceutical, meat & poultry, transportation and risk management among which food & beverage is the market focused segment. The company has wide range of products under categories such as agriculture, animal nutrition, beauty, bio industrial, carbon solutions, foodservice, food & beverage, pharmaceutical, meat & poultry, transportation and risk management among which food & beverage is the market focused category.
For instance,
- In July 2021, Cargill, Incorporated has entered into European soluble fibre market with USD 45.00 million investment in Poland. This investment has helped the company to expand through the European market.
The company has a presence in the Americas, Europe, Asia-Pacific and Middle East and Africa. The company generates revenue from other subsidiaries such as Cargill Ltd. (Canada), Cargill AgHorizons, Inc. (U.S.), Cargill Meat Solutions (U.S.), Cargill Espana S.A. (Spain), NatureWorks (U.S.) among others.
DuPont Nutrition Bioscience Aps
DuPont Nutrition Bioscience Aps is headquartered in Capital Region of Denmark, Denmark and was founded in 1989. The company focuses on innovative and sustainable solutions across food, health, pharma and biotech industries. The company has multiple business segments such as food & beverage ingredients, enzymes and bio-based solutions among which food & beverage ingredients is the market focused segment. The company has wide range of products under categories such as cultures for plant based food, dietary fibers, antimicrobials, cellulose gel, cellulose gum and carob protein among which dietary fibers is the market focused category.
For instance,
- In April 2021, DuPont Nutrition Bioscience Aps introduces ground-breaking lactase Nurica that generates GOS fiber and lactose-free dairy products in China. This product launch has helped the company to strengthen its product portfolio.
The company has a presence in the Americas, Europe, Asia-Pacific and Middle East and Africa. The company has other subsidiaries such as Danisco (India) Private Limited (India), Danisco (Zhangjiagang) Textural Ingredients Co. Ltd. (China), Danisco Argentina S.A. (Argentina), Danisco Australia Pty Limited (Australia), Danisco Dis Ticaret Limited Sirketi (Turkey) among others.
Ingredion
Ingredion is headquartered in Illinois, U.S. and was founded in 1906. The company focuses on plant-based ingredients, a pioneer of plant proteins and a leading provider of pharmaceutical excipients. The company has multiple business segments such as food, beverage, animal, nutrition, brewing and other among which food is the market focused segment. The company has wide range of products under categories such as encapsulates and emulsifiers, extracts, fibers, flours, gums and hydrocolloids, plant protein, starches and sweeteners among which fibers is the market focused category.
For instance,
- In June 2020, Ingredion has launched a dietary fibre called Novelose 3490. Novelose 3490 dietary fiber provides manufacturers with an easy and affordable way to support a low FODMAP diet. This launch has helped the company to widen its product portfolio.
The company has a presence in the Americas, Europe, Asia-Pacific and Middle East and Africa. The company generates its revenue from other subsidiaries such as Arrendadora Gefemesa, S.A. de C.V. (Mexico), Brunob II B.V. (Netherlands), Ingredion China Limited (China), Ingredion Germany GmbH (Germany), Ingredion India Private Limited (India) among others.
