PUBLISHER: Allied Market Research | PRODUCT CODE: 1365630
PUBLISHER: Allied Market Research | PRODUCT CODE: 1365630
According to a new report published by Allied Market Research, titled, "Food Texture Market," The food texture market was valued at $13.8 billion in 2022, and is estimated to reach $23.9 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032.
Product differentiation is essential for companies to be at the head of the market in a complex food sector characterized by high competition. For food manufacturers, the possibility of developing unique products offering a distinct eating experience is provided by texture modification. Companies can distinguish themselves from their competitors by adding special textures to products, and in doing so attract consumers who look for a different kind of food. Consequently, manufacturers' requirements for texturizing ingredients and technology enables them to create desired textures consistently and effectively are increasing. Furthermore, innovation is always needed in the food texture market to respond to changes in consumer trends such as plant substitutes and protein products. Developing texturization solutions that can mimic the texture of meat and dairy products in plant-based alternatives is a priority area for many companies, leading them to invest in R&D activities in the texture market.
As consumers seek a personalized solution adapted to their individual needs and preferences, personalized nutrition has become more popular. Texture plays an important role in personalized nutrition owing to the fact that it has a strong influence on the acceptability and enjoyment of foods for individuals with specific nutritional needs or conditions. Patients suffering with dysphagia, who face difficulty in swallowing, and cannot chew may need to change the texture of the product that is easy for them to swallow or soften its consistency. Similarly, modifying the texture of foods to increase performance or comply with diet guidelines may be part of a customized nutrition plan for athletes or individuals who have special food goals. This opens the possibility of developing specific texturization solutions that meet these special needs within the food texture market. Companies can take advantage of the personalized trends in nutrition, offering a wide range of textures that allow them to meet each individual food requirement and taste preference through tailored solutions that will improve the entire consumer experience.
The food texture market is segmented on the basis of type, application, product, and region. On the basis of type, the market is classified into cellulose derivatives, gums, pectins, gelatins, starch, inulin, dextrins, and others. On the basis of application, the market is categorized into dairy products & ice creams, confectionery, jams, layers, fillings, bakery, meat products, ready meals, sauces, beverage, and others. By product, the market is bifurcated into natural and synthetic. Region-wise the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, the Netherlands, Spain, Belgium, Russia, Poland, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Thailand, Malaysia, and rest of Asia-Pacific), LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have also been focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the food texture market include Cargill Incorporated, DuPont de Nemours, Inc.., Ingredion Inc., Koninklijke DSM N.V., CP Kelco, Kerry Group PLC, Jungbunzlauer Holding AG Deosen Biochemical (Ordos) Ltd., Euroduna Food Ingredients GmbH, and Archer Daniels Midland Company.
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