PUBLISHER: Grand View Research | PRODUCT CODE: 1941875
PUBLISHER: Grand View Research | PRODUCT CODE: 1941875
The increasing prevalence of chronic diseases such as obesity across the world has emerged as the primary driver towards the switch to healthy food alternatives. Due to this, food manufacturers have been increasingly incorporating functional ingredients, such as probiotics, emulsifiers, and hydrocolloids, into processed foods.
Various types of sensory and functional food ingredients are added into food products, including functional food ingredients, specialty starch and texturants, sweeteners, flavors, preservatives, emulsifiers, colorants, enzymes, cultures, proteins, specialty oils, yeast, and others. These ingredients are typically added to packaged food products, including beverages, bakery, dairy, confectionery, dried processed foods, frozen foods, and others. The growing trend of incorporating sugar substitutes, such as stevia and coconut sugar, into beverages, bakery, and confectionery products is likely to support the growth of the sensory and functional food ingredients industry in the coming years.
A large number of consumers are placing a high focus on personal health, preferring products that include minimal synthetic ingredients. Increasing preference towards healthy food, coupled with the willingness to pay a premium price for such products with better nutritional value, are also important factors that are likely to propel the demand for protein supplements over the forecast period.
Brand name, nutritional value, and safety of the products are some of the factors that influence the consumer's buying pattern. Awareness of high-quality products through advertisement across various forms of media, including electronic and social media, about the benefits offered by protein supplements, is further likely to influence consumer buying behavior.
The rapid socioeconomic development that has taken place over the decades has also resulted in increased cases of heart diseases, cancer, and diabetes across various segments of the population. The growing health consciousness has led to consumers preferring protein-based food products with added health benefits. Furthermore, factors such as a busy lifestyle that encourages on-the-go eating and the rising trend of replacing meals with smaller nutritional snacks have led to increased consumption of protein bars, cookies, and RTDs as part of a daily diet.
The trend of being proactive toward chronic health problems has spurred the demand for protein supplements in North America, as they contain essential ingredients that improve the overall health of consumers. Moreover, the growing trend of personalized nutrition in North America is expected to have a positive impact on the product demand.
Global Sensory And Functional Food Ingredients Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest trends and opportunities in each of the sub-segment from 2021 to 2033. For this study, Grand View Research has segmented the global sensory and functional food ingredients market report based on the product, application, and region: