Food Processing Ingredients - Global Strategic Business Report

Global Food Processing Ingredients Market to Reach $92.9 Billion by 2030

The global market for Food Processing Ingredients estimated at US$56 Billion in the year 2022, is projected to reach a revised size of US$92.9 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2022-2030. Natural, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$63.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Synthetic segment is readjusted to a revised 4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $15.3 Billion, While China is Forecast to Grow at 11.8% CAGR

The Food Processing Ingredients market in the U.S. is estimated at US$15.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$23 Billion by the year 2030 trailing a CAGR of 11.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Select Competitors (Total 53 Featured) -

• Archer Daniels Midland Company
• Arla Foods
• Ashland Global Holdings Inc.
• Associated British Foods PLC
• Cargill
• CHR. Hansen Holdings A/S
• Dupont
• Glanbia PLC
• Ingredion Incorporated
• KB Ingredients, LLC
• Kemin Industries, Inc.
• Kerry Group
• Koninklijke DSM N.V.
• Nexira
• Tate & Lyle PLC

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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