The global market for Food Texture was estimated at US$13.9 Billion in 2023, and is projected to reach US$18.2 Billion by 2030, growing at a CAGR of 3.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the food texture market is driven by several factors. Technological advancements in food processing and ingredient development have enabled manufacturers to create a wide variety of textures that cater to diverse consumer preferences. The increasing demand for convenience foods, which require precise textural properties to ensure they are palatable after storage and reheating, has significantly boosted the market. Additionally, the rise of health-conscious consumers has led to the development of texture-enhancing ingredients that can improve the mouthfeel of low-fat, low-sugar, and high-protein foods without compromising on sensory qualities. The growing popularity of plant-based and alternative protein products has further propelled the market, as these products often need textural adjustments to mimic the mouthfeel of traditional meat and dairy items. Moreover, consumer trends towards experiential eating and the desire for novel and unique textures have encouraged food companies to innovate continuously. Collectively, these technological, consumer, and market trends underscore the dynamic growth and evolving importance of food texture in the global food industry.
The growth in the food texture market is driven by several factors. Technological advancements in food processing and ingredient development have enabled manufacturers to create a wide variety of textures that cater to diverse consumer preferences. The increasing demand for convenience foods, which require precise textural properties to ensure they are palatable after storage and reheating, has significantly boosted the market. Additionally, the rise of health-conscious consumers has led to the development of texture-enhancing ingredients that can improve the mouthfeel of low-fat, low-sugar, and high-protein foods without compromising on sensory qualities. The growing popularity of plant-based and alternative protein products has further propelled the market, as these products often need textural adjustments to mimic the mouthfeel of traditional meat and dairy items. Moreover, consumer trends towards experiential eating and the desire for novel and unique textures have encouraged food companies to innovate continuously. Collectively, these technological, consumer, and market trends underscore the dynamic growth and evolving importance of food texture in the global food industry.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Cellulose Derivatives segment, which is expected to reach US$5.1 Billion by 2030 with a CAGR of a 5.2%. The Gums segment is also set to grow at 3.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.8 Billion in 2023, and China, forecasted to grow at an impressive 7.5% CAGR to reach $3.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Food Texture Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Food Texture Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Food Texture Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Ajinomoto Co., Inc., Archer Daniels Midland Company, Ashland, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- Ajinomoto Co., Inc.
- Archer Daniels Midland Company
- Ashland, Inc.
- Cargill, Inc.
- CP Kelco ApS
- Estelle Chemicals Pvt., Ltd.
- Euroduna Food Ingredients GmbH
- Fiberstar, Inc.
- Ingredion, Inc.
- International Flavors & Fragrances, Inc.
- Jungbunzlauer Suisse AG
- Kerry Group Plc
- Koninklijke DSM N.V.
- Levapan SA
- Tate & Lyle PLC;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ajinomoto Co., Inc.
- Archer Daniels Midland Company
- Ashland, Inc.
- Cargill, Inc.
- CP Kelco ApS
- Estelle Chemicals Pvt., Ltd.
- Euroduna Food Ingredients GmbH
- Fiberstar, Inc.
- Ingredion, Inc.
- International Flavors & Fragrances, Inc.
- Jungbunzlauer Suisse AG
- Kerry Group Plc
- Koninklijke DSM N.V.
- Levapan SA
- Tate & Lyle PLC;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 477 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 13.9 Billion |
Forecasted Market Value ( USD | $ 18.2 Billion |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |