Growing awareness regarding benefits of food inclusions among end-use sectors and increasing consumption of food and beverages globally are key factors driving market revenue growth.
Market Size - USD 12.56 Billion in 2020, Market Growth - CAGR of 7.4%, Market Trends - Rapid westernization in developing economies and shifting preference for processed food
The global food inclusions market size is expected to reach USD 22.35 Billion in 2028, and register a CAGR of 7.4% during the forecast period. Increasing expenditure on processed food and beverages, and availability of variety of food products to suit consumer’s palate are primary factors driving market growth.
Increasing adoption of food inclusions in the food sector due to its advantageous functional properties, and growing demand for food products with extended shelf life among consumers are expected to drive market growth. However, high cost of end product, high cost of requirements for storage of food inclusions, and processing challenges could hamper market growth.
Some Key Findings From the Report:
For the purpose of this report, the global food inclusions market is segmented on the basis of type, form, flavor, application and region:
Type Outlook
Form Outlook
Flavor Outlook
Application Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 12.56 Billion in 2020, Market Growth - CAGR of 7.4%, Market Trends - Rapid westernization in developing economies and shifting preference for processed food
The global food inclusions market size is expected to reach USD 22.35 Billion in 2028, and register a CAGR of 7.4% during the forecast period. Increasing expenditure on processed food and beverages, and availability of variety of food products to suit consumer’s palate are primary factors driving market growth.
Increasing adoption of food inclusions in the food sector due to its advantageous functional properties, and growing demand for food products with extended shelf life among consumers are expected to drive market growth. However, high cost of end product, high cost of requirements for storage of food inclusions, and processing challenges could hamper market growth.
Some Key Findings From the Report:
- The chocolate segment accounted for the largest revenue share in the global food inclusions market in 2020, due to increasing consumption of chocolate-flavored products globally.
- The fruit and nuts segment is expected to register highest growth rate in terms of revenue over the forecast period, due to inclination towards fresh fruit flavors with nutritious nuts in food products.
- Among the forms, the solid and semi-solid form segment accounted for major share in terms of revenue in 2020, owing to rising demand for nuts to enhance flavor, and high nutritional value of these products.
- Among the flavor segments, the chocolate and caramel segment accounted for major share in terms of revenue in 2020. The fruit segment is expected to register the highest revenue growth rate during the forecast period.
- The chocolate and confectionery products segment accounted for revenue share of 41.2% in the global food inclusions market in 2020, owing to increasing demand for confectionary and chocolates among consumers.
- Europe market accounted for the largest revenue share in the global food inclusions market in 2020, and is expected to continue with its dominance over the forecast period.
- The Asia Pacific market size was USD 2,637.7 Million in 2020, and revenue growth of this market is expected to expand at a significantly high CAGR during the forecast period.
- Key players profiled in the report include Barry Callebaut, Cargill Incorporated, Georgia Nut Company, The Archer Daniels Midland Company, Taura Natural Ingredients Ltd., Kerry Group PLC, Puratos Group, Tate and Lyle PLC, Nimbus Foods and Sensient Technologies. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global food inclusions market is segmented on the basis of type, form, flavor, application and region:
Type Outlook
- Chocolate
- Fruit and Nut
- Flavored Sugar and Caramel
- Cereal
- Confectionery
- Others
Form Outlook
- Solid and Semi-solid
- Pieces
- Nuts
- Crunches and Flakes
- Chips and Nibs
- Powder
- Liquid
Flavor Outlook
- Fruit
- Nut
- Savory
- Chocolate and Caramel
Application Outlook
- Cereal Products, Snacks and Bars
- Bakery Products
- Dairy and Frozen Desserts
- Chocolate and Confectionery Products
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Food Inclusions Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Food Inclusions Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Food Inclusions Segmentation & Impact Analysis
Chapter 5. Food Inclusions Market By Type Insights & Trends
Chapter 6. Food Inclusions Market By Form Insights & Trends
Chapter 7. Food Inclusions Market By Flavor Insights & Trends
Chapter 8. Food Inclusions Market By Application Insights & Trends
Chapter 9. Food Inclusions Market Regional Outlook
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles
Companies Mentioned
- Barry Callebaut
- Cargill Incorporated
- Georgia Nut Company
- The Archer Daniels Midland Company
- Taura Natural Ingredients Ltd.
- Kerry Group plc
- Puratos Group
- Tate and Lyle PLC
- Nimbus Foods
- Sensient Technologies.
