Food Inclusion Market: Current Analysis and Forecast (2022-2028)

The global food inclusions market is expected to grow at a significant rate of around 7% during the forecast period. Food inclusions are the ingredients that are added to a variety of food products to enhance their texture, taste, or organoleptic properties. Food inclusions also help elevate the sensory characteristics of the food products. The increasing number of restaurants and hotels also raises the variety of food products that results in a rise in the demand for food inclusions. Furthermore, rising urbanization coupled with the evolving lifestyle is among the important reasons for the market growth of food inclusions.

Cargill, ADM, Barry Callebaut, Kerry Group PLC, Tate and Lyle, AGRANA Beteiligungs-AG, Sensient Technologies Corporation, Puratos, Balchem Inc., Taura Natural Ingredients Ltd. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report:

"Amongst type, chocolate category to witness higher CAGR during the forecast period"

Based on the types, the market has been categorized into chocolate, fruit & nut, cereal, flavored sugar & caramel, confectionery, and others. Among these, the chocolate segment has a significant share in the food inclusion market. Chocolate has many applications, and it is used in many food items and available in various forms like liquid, solid and semi-solid forms. Furthermore, chocolate is also popular among people as well as used as a taste enhancer and in food decorations.

"Amongst application, the dairy & frozen desserts segment to hold a significant share in the market in 2020"

Based on application, the market has been categorized into cereal products, snacks & bars, bakery products, dairy & frozen desserts, chocolate & confectionery products, and others. Among these, dairy & frozen desserts have a considerable share in the food inclusion market. The rising variety of deserts along with the increasing number of ice-cream parlours contribute to the segmental growth of dairy & frozen desserts in the food inclusion market. Furthermore, the rising demand for deserts as a digestive aid after the meal also catalyses the segmental growth of the food inclusions.

"North America to hold a significant share in the market"

For a better understanding of the market adoption of the Food Inclusions center industry, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. In 2020, North America is expected to witness the fastest growth in the global food inclusions market. The presence of people with large per capita income along with the continuously rising demand for healthy food in the region is responsible for the growth of the food inclusions market in the region. For instance, per capita income in the U.S accounted for USD 46,436 in 2022.

Reasons to buy this report:

The study includes market sizing and forecasting analysis validated by authenticated key industry experts.

The report presents a quick review of overall industry performance at one glance.

The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.

Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

The study comprehensively covers the market across different segments.

Deep dive regional level analysis of the industry.

Customization Options:

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