The global food texture materials market size reached US$ 24.5 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 32.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.
Food texture refers to an index of food quality that can be sensed through the fingers, tongue, palate and teeth. This includes various parameters, such as chewiness, adhesiveness, cohesiveness, crispiness, elasticity and firmness. These attributes are measured using texture analysis tests to evaluate the response of food products when they are subjected to a force, such as shearing, cutting, chewing, compressing and stretching. These tests also assist in analyzing the mechanical and physical properties of the raw ingredients, food structure and designs for pre- and post-production quality checks. Apart from this, various food texture additives are also used to improve the overall taste and feel of the products.
Significant growth in the food and beverage industry is one of the key factors driving the growth of the market. Manufacturers of food and beverage products are increasingly utilizing texturizing agents in the production of processed foods to retain the nutrients and prevent microbial growth, thereby enhancing the product’s shelf life. Furthermore, growing consumer preference for convenience and packaged food products is also providing a boost to the market growth. Products, such as bread, confectioneries, soups, sauces, beverages and dressing, are manufactured using texturizing agents to enhance their color, appeal and palatability. The development of customized formulations that provide a combination of desired qualities, including flavor and fragrance, to a food product, is acting as another growth-inducing factor. Other factors, including rapid urbanization, increasing consumer expenditure capacities and extensive research and development (R&D) activities, are projected to drive the market further.
2. What is the expected growth rate of the global food texture materials market during 2023-2028?
3. What has been the impact of COVID-19 on the global food texture materials market?
4. What are the key factors driving the global food texture materials market?
5. What is the breakup of the global food texture materials market based on the functionality?
6. What is the breakup of the global food texture materials market based on the application?
7. What are the key regions in the global food texture materials market?
8. Who are the key players/companies in the global food texture materials market?
Food texture refers to an index of food quality that can be sensed through the fingers, tongue, palate and teeth. This includes various parameters, such as chewiness, adhesiveness, cohesiveness, crispiness, elasticity and firmness. These attributes are measured using texture analysis tests to evaluate the response of food products when they are subjected to a force, such as shearing, cutting, chewing, compressing and stretching. These tests also assist in analyzing the mechanical and physical properties of the raw ingredients, food structure and designs for pre- and post-production quality checks. Apart from this, various food texture additives are also used to improve the overall taste and feel of the products.
Significant growth in the food and beverage industry is one of the key factors driving the growth of the market. Manufacturers of food and beverage products are increasingly utilizing texturizing agents in the production of processed foods to retain the nutrients and prevent microbial growth, thereby enhancing the product’s shelf life. Furthermore, growing consumer preference for convenience and packaged food products is also providing a boost to the market growth. Products, such as bread, confectioneries, soups, sauces, beverages and dressing, are manufactured using texturizing agents to enhance their color, appeal and palatability. The development of customized formulations that provide a combination of desired qualities, including flavor and fragrance, to a food product, is acting as another growth-inducing factor. Other factors, including rapid urbanization, increasing consumer expenditure capacities and extensive research and development (R&D) activities, are projected to drive the market further.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global food texture materials market report, along with forecasts at the global, regional and country levels from 2023-2028. The report has categorized the market based on functionality and application.Breakup by Functionality:
- Thickening
- Gelling
- Emulsifying
- Stabilizing
- Others
Breakup by Application:
- Bakery
- Dairy
- Meat & Poultry
- Beverages
- Snacks
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Ajinomoto, Archer Daniels Midland Co., Ashland Inc., Avebe, Cargill Inc., CP Kelco, E.I. Dupont DE Nemours & Company, Estelle Chemicals, Fiberstar Inc., FMC Corporation, Fuerst Day Lawson, etc.Key Questions Answered in This Report
1. What was the size of the global food texture materials market in 2022?2. What is the expected growth rate of the global food texture materials market during 2023-2028?
3. What has been the impact of COVID-19 on the global food texture materials market?
4. What are the key factors driving the global food texture materials market?
5. What is the breakup of the global food texture materials market based on the functionality?
6. What is the breakup of the global food texture materials market based on the application?
7. What are the key regions in the global food texture materials market?
8. Who are the key players/companies in the global food texture materials market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Food Texture Materials Market
6 Market Breakup by Functionality
7 Market Breakup by Application
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
12 Price Analysis
13 Competitive Landscape
Companies Mentioned
- Ajinomoto
- Archer Daniels Midl
- Co.
- Ashland Inc.
- Avebe
- Cargill Inc.
- CP Kelco
- E.I. Dupont DE Nemours & Company
- Estelle Chemicals
- Fiberstar Inc.
- FMC Corporation and Fuerst Day Lawson
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 148 |
Published | September 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 24.5 Billion |
Forecasted Market Value ( USD | $ 32.3 Billion |
Compound Annual Growth Rate | 4.7% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |