Food Texture Market Overview
Food Texture Market size was valued at US$ 24.81 Bn. in 2023. Global Food Texture Market is estimated to grow at a CAGR of 3.7% over the forecast period.
Food texture is defined by Bourne as a group of physical qualities resulting from the structural elements of food, predominantly perceived through the sense of touch, associated with the distortion, fragmentation, and pour of the food below a potency, and factually assessed by gatherings. Various substances such as gelatine, cellulose derivatives, starch, and algal extract are used to impart texture to the food products. Chocolate, ice cream, bread items, sauces, beverages, dairy products, jam, confectionery, soups, and dressings are just a few examples of food textures. The Food Texture Market report’s segment analysis is prepared on the basis of type, application and region.
Food Texture Market Report Scope and Research Methodology
The use of the chemicals is closely monitored by food organisations. Because global producers are responsible for the safety of their customers, these chemicals must be added in allowed proportions. Shortly, modified consumables for the elderly are anticipated to become an interesting development field. The use of chemicals and emulsifiers is expected to play a significant role in the development of food products that will help the elderly overcome swallowing difficulties and establish themselves as a viable option. This usage of chemicals is enhancing the growth of the food texture market.
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Food Texture Market Regional Insights
The Asia Pacific region dominated the market with a 35.2% share in 2023. Food Texture’s largest market is in Asia-Pacific because the existence of an ever-increasing population and increasing consumption of baked food products has resulted in a 3.6% increase in Food Texture sales in 2019 as compared to the 2016-2018 period consumed predominantly by the Food and Beverage industry in this region. The rising production and consumption of processed foods in emerging countries in this region such as India and China would see a surge in demand for texturizing agents. Affluent metropolitan populations are growing as a result of increasing economic conditions, generating a profitable market for food texture. The abundance of raw materials and cheap labour, as well as the burgeoning retail sector and the growing food and beverage industry, are all fuelling the APAC food texture market growth.
Food Texture Market Segmentation
By Application, the market is segmented as Dairy products, Processed Foods, Chocolates, Meat & Poultry, and Snacks. The dairy products segment dominated the food texture market with a 32.1% share in 2023. From 2017 to 2020, demand for Food Texture for manufacturing Dairy Goods increased by 2.1% due to the rising demand for creamy and crystal-free liquid or frozen products created with milk. Consumers want dairy products to be smooth, creamy, and free of standing moisture, whether liquid or frozen. They don’t like sour cream with starchy or sticky lumps, drinkable yoghurt with protein or mineral sedimentation, or ice crystals in ice cream.
Food Texture Market Key Players
CP Kelco (U.S.)
Tate and Lyle PLC (U.K.)
Ingredion Inc (U.S.)
DuPont (U.S.)
Kerry Group (Ireland)
JELU-WERK (Germany)
Cargill, Inc (Wayzata, MN)
Ajinomoto Co., Inc. (Japan)
Archer Daniels Midland Company (U.S.)
Penford Corp. (U.S.)
Fiberstar Inc. (River Falls, Wisconsin)
SELECTAROME (Grasse)
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Key questions answered in the Food Texture Market are:
- What is Food Texture?
- What was the Food Texture market size in 2023?
- What is the growth rate of the Food Texture Market?
- Which are the factors expected to drive the Food Texture market growth?
- What are the different segments of the Food Texture Market?
- What growth strategies are the players considering to increase their presence in Food Texture?
- What are the upcoming industry applications and trends for the Food Texture Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Food Texture Market?
- What segments are covered in the Food Texture Market?
- Who are the leading companies and what are their portfolios in Food Texture Market?
- What segments are covered in the Food Texture Market?
- Who are the key players in the Food Texture market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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