Global Food Inclusions Market: Market Research by Knowledge Sourcing Intelligence
Food Inclusions Market to Grow Multi-folds in the
Coming Years
The
ever-changing library of ingredients is involved in the creation of the next
generation of inclusions that are capable of delivering health, taste and
labeling claims. The continuous changing dietary condition towards western diets
serves as one of the drivers driving the growth of the global food inclusions
market in the forecast period. Inclusions add nutritional benefits to food
items like ice-creams, bars, bread, cakes and many more. Growing preference
towards clean and clear-labeling by the end consumers which involves only
ingredients favoring flavor and texture and avoiding unnecessary ingredients
will emanate the market growth in the coming years. Nuts and fruit inclusions
are preferred by a wider consumer base contributing to having a significant
market share. Major industry players in the industry research conducted by
Knowledge Sourcing Intelligence are Cargill, Incorporated, Barry Callebaut,
Kerry Inc., Tate & Lyle, and AGRANA Beteiligungs-AG among others.
Market Segmentation
The food inclusions market has been segmented based on
product type, application, and geography. By product type, the market is
classified as Fruit and Nuts,
Biscuits, Chocolate, Flavoured sugar and caramel, and others. The fruit and
nuts product type holds a significant share in the market because of its ability
to add flavor and texture along with having nutritional content. The fruit and
nuts will help in expanding the food
inclusions market size owing to its widespread application in major
products such as bakery, dairy, and frozen desserts, snacks and bars, and
chocolate and confectionery, among others.
By application, the market is classified as Frozen desserts, Confectionary
products, Snacks and bars, and Cereal products. The food inclusions market analysis shows that the cereal and snacks
and bars segment together has the highest contribution in the food inclusions
market size. This is due to the nutritional properties in them. They also
enhance product appeal and are a core factor for product selling.
By
geography, the market is classified as North America, South America, Middle
East and Africa, Europe, and The Asia Pacific. The North America region
accounts for the highest food inclusions
market share owing to the presence of key market players along with a well-established
market. Also, the continuous product innovation by the manufacturers and high
demand for food inclusions is also fuelling the market demand.
The
Asia Pacific region is also expected to grow and expand continuously in the
future due to the westernization of diets and the innovation in the flavoring of
products. The rising demand and continuous innovations in products will lead
the growth of the market.
Some
Key questions answered in the report include:
- What
will be the food inclusions market size from 2017 to 2023?
- How
are the major drivers and restraints affecting the food inclusions market growth and the opportunities which exist for key vendors?
- Which segment and region will drive or lead the market growth and why?
- A
comprehensive analysis of competitive landscape and key market participants’ behavior.
- Key
strategies being adopted by vendors, with in-depth analysis along with their
impact on competition and market growth.
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