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Food Processing Ingredient Market by Source and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 124
  • SKU: IRTNTR73488
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The food processing ingredient market share is expected to increase by USD 14.53 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.84%.

The food processing ingredient market has been broadly categorized into the following demographic segmentations: 

  • Source - Natural and synthetic
  • Geography - Europe, APAC, North America, South America, and Middle East and Africa

This food processing ingredient market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. The food processing ingredient market report offers information on several market vendors, including Agropur Dairy Cooperative, Archer Daniels Midland Co., Arla Foods Ingredients Group PS, Ashland Global Holdings Inc., Associated British Foods plc, BASF SE, Batory Foods, Cargill Inc., Chr Hansen Holding AS, Clariant International Ltd., Koninklijke DSM NV, Du Pont De Nemours Inc., EPI INGREDIENTS, Ingredion Inc., Kerry Group Plc, Olam International Ltd., PRIME Ingredients Inc., Puris, Solvay SA, and Tate and Lyle Plc among others.

What will the Food Processing Ingredient Market Size be During the Forecast Period?

Food Processing Ingredient Market Size

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Food Processing Ingredient Market: Key Drivers, Trends, and Challenges

The rising demand for processed food is notably driving the food processing ingredient market growth, although factors such as lack of proper infrastructure in emerging economies may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the food processing ingredient industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Food Processing Ingredient Market Driver

  • The rising demand for processed food is one of the key drivers fueling the food processing ingredient market growth.
  • Manufacturers of processed foods are increasingly focusing on product differentiation to help them compete in the market. 
  • The increased demand for processed foods is fueled by an expanding global middle class and an increase in the number of working women.
  • For frozen goods, long shelf life is an important marketing feature. Frozen food makers come up with new techniques to extend the shelf life of their products.
  • Dietary fiber is added to frozen meat and frozen ready-to-eat food products for emulsion and stabilization. This extends the shelf life of the products concerned. This factor will drive the food processing ingredient market growth during the forecast period.

Key Food Processing Ingredient Market Trend

  • The rising consumption of ready-to-eat food products is one of the key food processing ingredient market trends supporting the market growth.
  • The consumer demand for ready-to-cook and ready-to-eat food is increasing as a result of dual-income homes and hectic lifestyles.
  • Processed foods, for example, accounted for nearly 70% of the American diet, according to research issued in 2020 by Standard Process Inc., a US-based food supplements firm.
  • During the pandemic in 2020, there was a massive increase in demand for ready-to-eat food products as most individuals were working from home and countries were under lockdowns.
  • For instance, in 2020, one of India's online grocery stores, Blinkit, reported a 17% increase in sales in the ready-to-eat category, a 31% increase in readymade meals and mixes, and a 41% increase in frozen food, indicating a sudden consumer shift from home-cooked food to ready-to-eat food products. Thus, it can be predicted that this shift in consumer behavior will significantly boost the food processing ingredient market during the forecast period.

Key Food Processing Ingredient Market Challenge

  • The lack of proper infrastructure in emerging economies is one of the challenges hindering the food processing ingredient market growth.
  • The food processing ingredients need proper handling and care in terms of maintaining a specific temperature for their storage and preventing them from contamination as it may lead to changes in their chemical compositions.
  • Typically, the storage and manufacturing facilities are not only needed at the final site where they are sold but also during the supply chain to retain their original properties.
  • Significantly, the technologies used for producing the food processing ingredients in emerging countries are not as advanced as compared to those used in developed nations such as the US and Canada. This is due to the high cost incurred in R&D or procurement of the latest technologies from developed nations. Such factors may hinder the growth of the global food processing ingredient market during the forecast period.

This food processing ingredient market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the food processing ingredient market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the food processing ingredient market during the forecast period.

Who are the Major Food Processing Ingredient Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Agropur Dairy Cooperative
  • Archer Daniels Midland Co.
  • Arla Foods Ingredients Group PS
  • Ashland Global Holdings Inc.
  • Associated British Foods plc
  • BASF SE
  • Batory Foods
  • Cargill Inc.
  • Chr Hansen Holding AS
  • Clariant International Ltd.
  • Koninklijke DSM NV
  • Du Pont De Nemours Inc.
  • EPI INGREDIENTS
  • Ingredion Inc.
  • Kerry Group Plc
  • Olam International Ltd.
  • PRIME Ingredients Inc.
  • Puris
  • Solvay SA
  • Tate and Lyle Plc

 

This statistical study of the food processing ingredient market encompasses successful business strategies deployed by the key vendors. 

The food processing ingredient market is fragmented and the vendors are deploying the following growth strategies to compete in the market such as:

  • Quality
  • Price
  • Service
  • Brand image
  • Distribution
  • Marketing

Product Insights and News

  • Agropur.com - The company offers a wide range of ingredients such as Alpha-Lactalbuminarrow icon, Casein glycomacropeptidearrow icon, and Casein phosphopeptidearrow icon which support nutrition in the early life stages from pregnancy to infancy and toddler years.
  • Ashland.com - The company offers Knouck out as sport nutrition ingredients that can help in muscle recovery, joint comfort, weight management, or a healthy gut.
  • Abf.co.uk - The company offers ingredients, supplying bread improvers, dough conditioners and bakery mixes to industrial and craft bakers through the brand AB Mauri and speciality ingredients for food, nutrition, pharmaceutical, animal feed and industrial sectors through brand ABF Ingredients.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The food processing ingredient market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Food Processing Ingredient Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the food processing ingredient market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Food Processing Ingredient Market?

Food Processing Ingredient Market Market segmentation by region

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38% of the market's growth will originate from Europe during the forecast period. Germany and the UK are the key markets for the food processing ingredient market in Europe. Market growth in this region will be slower than the growth of the market in APAC and South America.

The increasing preference for convenience foods such as ready-to-eat food products will facilitate the food processing ingredient market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic negatively impacted most European countries, which resulted in the temporary closure of various industries, including those manufacturing food processing ingredients. However, in 2021, the demand for food processing ingredients rebounded as significant application segments such as the food and beverages industry reopened manufacturing units due to the COVID-19 vaccination drives and subsequent lifting of lockdown restrictions. These factors will drive the growth of the regional food processing ingredient market growth during the forecast period.

What are the Revenue-generating Source Segments in the Food Processing Ingredient Market?

Food Processing Ingredient Market Segmentation

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The food processing ingredient market share growth by the natural segment will be significant during the forecast period. Natural ingredients are used in a wide range of food and beverage items, including functional foods, sports drinks, nutritional supplements, and medically prepared foods, due to their numerous medicinal benefits. Consumers today are highly conscious about the food they consume. As a result, they prefer healthy and natural ingredients in food and beverage products. Such benefits of consuming natural ingredients will drive the food processing ingredient market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the food processing ingredient market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Food Processing Ingredient Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.84%

Market growth 2022-2026

$ 14.53 billion

Market structure

Fragmented

YoY growth (%)

4.8

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

Europe at 38%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Agropur Dairy Cooperative, Archer Daniels Midland Co., Arla Foods Ingredients Group PS, Ashland Global Holdings Inc., Associated British Foods plc, BASF SE, Batory Foods, Cargill Inc., Chr Hansen Holding AS, Clariant International Ltd., Koninklijke DSM NV, Du Pont De Nemours Inc., EPI INGREDIENTS, Ingredion Inc., Kerry Group Plc, Olam International Ltd., PRIME Ingredients Inc., Puris, Solvay SA, and Tate and Lyle Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Food Processing Ingredient Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive food processing ingredient market growth during the next five years
  • Precise estimation of the food processing ingredient market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the food processing ingredient industry across Europe, APAC, North America, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of food processing ingredient market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Source
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Source

    • 5.1 Market segments
      • Exhibit 24: Chart on Source - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Source - Market share 2021-2026 (%)
    • 5.2 Comparison by Source
      • Exhibit 26: Chart on Comparison by Source
      • Exhibit 27: Data Table on Comparison by Source
    • 5.3 Natural - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Natural - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Natural - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Natural - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Natural - Year-over-year growth 2021-2026 (%)
    • 5.4 Synthetic - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Synthetic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Synthetic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Synthetic - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Synthetic - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Source
      • Exhibit 36: Market opportunity by Source ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 Europe - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Arla Foods Ingredients Group PS
              • Exhibit 89: Arla Foods Ingredients Group PS - Overview
              • Exhibit 90: Arla Foods Ingredients Group PS - Product / Service
              • Exhibit 91: Arla Foods Ingredients Group PS - Key offerings
            • 10.4 Archer Daniels Midland Co.
              • Exhibit 92: Archer Daniels Midland Co. - Overview
              • Exhibit 93: Archer Daniels Midland Co. - Business segments
              • Exhibit 94: Archer Daniels Midland Co. - Key offerings
              • Exhibit 95: Archer Daniels Midland Co. - Segment focus
            • 10.5 Ashland Global Holdings Inc.
              • Exhibit 96: Ashland Global Holdings Inc. - Overview
              • Exhibit 97: Ashland Global Holdings Inc. - Business segments
              • Exhibit 98: Ashland Global Holdings Inc. - Key news
              • Exhibit 99: Ashland Global Holdings Inc. - Key offerings
              • Exhibit 100: Ashland Global Holdings Inc. - Segment focus
            • 10.6 Associated British Foods plc
              • Exhibit 101: Associated British Foods plc - Overview
              • Exhibit 102: Associated British Foods plc - Business segments
              • Exhibit 103: Associated British Foods plc - Key offerings
              • Exhibit 104: Associated British Foods plc - Segment focus
            • 10.7 Chr Hansen Holding AS
              • Exhibit 105: Chr Hansen Holding AS - Overview
              • Exhibit 106: Chr Hansen Holding AS - Business segments
              • Exhibit 107: Chr Hansen Holding AS - Key news
              • Exhibit 108: Chr Hansen Holding AS - Key offerings
              • Exhibit 109: Chr Hansen Holding AS - Segment focus
            • 10.8 Du Pont De Nemours Inc.
              • Exhibit 110: Du Pont De Nemours Inc. - Overview
              • Exhibit 111: Du Pont De Nemours Inc. - Business segments
              • Exhibit 112: Du Pont De Nemours Inc. - Key offerings
              • Exhibit 113: Du Pont De Nemours Inc. - Segment focus
            • 10.9 Ingredion Inc.
              • Exhibit 114: Ingredion Inc. - Overview
              • Exhibit 115: Ingredion Inc. - Business segments
              • Exhibit 116: Ingredion Inc. - Key news
              • Exhibit 117: Ingredion Inc. - Key offerings
              • Exhibit 118: Ingredion Inc. - Segment focus
            • 10.10 Kerry Group Plc
              • Exhibit 119: Kerry Group Plc - Overview
              • Exhibit 120: Kerry Group Plc - Business segments
              • Exhibit 121: Kerry Group Plc - Key offerings
              • Exhibit 122: Kerry Group Plc - Segment focus
            • 10.11 Koninklijke DSM NV
              • Exhibit 123: Koninklijke DSM NV - Overview
              • Exhibit 124: Koninklijke DSM NV - Business segments
              • Exhibit 125: Koninklijke DSM NV - Key news
              • Exhibit 126: Koninklijke DSM NV - Key offerings
              • Exhibit 127: Koninklijke DSM NV - Segment focus
            • 10.12 Tate and Lyle Plc
              • Exhibit 128: Tate and Lyle Plc - Overview
              • Exhibit 129: Tate and Lyle Plc - Business segments
              • Exhibit 130: Tate and Lyle Plc - Key news
              • Exhibit 131: Tate and Lyle Plc - Key offerings
              • Exhibit 132: Tate and Lyle Plc - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
                • Exhibit 134: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 135: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 136: Research methodology
                • Exhibit 137: Validation techniques employed for market sizing
                • Exhibit 138: Information sources
              • 11.5 List of abbreviations
                • Exhibit 139: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Food Processing Ingredient Market market growth will increase by $14.53 bn during 2022-2026.
              The food processing ingredient market market is expected to grow at a CAGR of 5.84% during 2022-2026.
              Technavio has segmented the food processing ingredient market market by geography (Europe, APAC, North America, South America, Middle East and Africa, Europe, APAC, North America, South America, and Middle East and Africa).
              Agropur Dairy Cooperative, Archer Daniels Midland Co., Arla Foods Ingredients Group PS, Ashland Global Holdings Inc., Associated British Foods plc, BASF SE, Batory Foods, Cargill Inc., Chr Hansen Holding AS, Clariant International Ltd., Koninklijke DSM NV, Du Pont De Nemours Inc., EPI INGREDIENTS, Ingredion Inc., Kerry Group Plc, Olam International Ltd., PRIME Ingredients Inc., Puris, Solvay SA, Tate and Lyle Plc are a few of the key vendors in the food processing ingredient market market.
              Europe will register the highest growth rate of 38% among the other regions. Therefore, the food processing ingredient market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the food processing ingredient market market growth are:
              • Rising demand for processed food
              • Rising consumption of ready-to-eat food products
              The food processing ingredient market market vendors should focus on grabbing business opportunities from the europe segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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