The
specialty ingredients market on the basis of application is
categorized into food and beverage, nutrition and health and personal
care. Food and beverage specialty ingredients market is further sub
divided into natural and synthetic category. The nutrition and health
specialty ingredients market is sub categorized into nutraceutical
ingredients and active pharmaceutical ingredients where both the
categories have been further subdivided into natural and synthetic
type. Likewise, the personal care specialty ingredients is also been
segmented into natural and synthetic categories.
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Specialty Ingredients Market Report with Full TOC at
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The
rise in the demand for food and beverage, nutrition and health, and
personal care products.have fuelled the growth the global specialty
ingredients market. In terms of application, specialty ingredients
are used in food products to preserve nutrients, flavor, and
freshness; thereby preventing food wastage. The increasing demand for
packaged food has also led to the growth of food and beverage
specialty ingredients market. Specialty ingredients are also being
used in personal care products to increase the overall shelf life of
the products. Some of the other key factors influencing the growth of
the global specialty ingredients market are healthy economic growth,
changing demographic profile, increasing disposable incomes, and
changing consumer tastes and preferences among other factors.
The
global specialty ingredients market is expected to undergo several
changes such as shift in the preference of the consumers towards
natural specialty ingredients. At present, increasing awareness among
consumers regarding natural products is growing as consumers are
becoming more concerned about their health. As chemical components
are included in synthetic products, consumers are shifting towards
natural products and which in turn has resulted in increasing demand
for natural specialty ingredients. Furthermore, recent trends have
also shown, in order to attract more customers and to meet the
changing consumer preferences, the manufacturers from the food and
beverage sector are involved in the introduction of new flavors..
Addition of new flavors time and again has helped the market for
specialty ingredients to grow at a considerable rate.
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The
market for nutrition and health specialty ingredients is
comparatively larger as compared to the food and beverage specialty
ingredients and personal care specialty ingredients and is expected
to remain so during the forecast period. Growing consumer awareness
regarding health and the urge to maintain a proper balanced diet are
the factors driving the market for nutrition and health specialty
ingredienst.
The
report also provides an understanding of the value (USD billion) of
specialty ingredients market. The study also provides forecast from
2015-2021 and highlights current and future market trends. The report
also provides an understanding of company shares of specialty
ingredients in North America, Europe, Asia Pacific, Middle East and
Rest of the World.
By
Geography, the market has been segmented into North America, Europe,
Asia Pacific, Middle East and Rest of the World. The countries
included in North America are the U.S., Canada and others. U.K.,
Italy, Spain, France, Germany and Rest of Europe have been included
in region of Europe. The countries included in the Asia Pacific
region are China, India, Japan, India, Australia and Rest of Asia
Pacific. Saudi Arabia, U.A.E. and Rest of Middle East countries are
included in the Middle East region. Brazil, Argentina and others have
been included among the Rest of the World countries.
The
report also provides the company market share analysis of key players
operating in the specialty ingredients domain. The study in
application type segment covers food and beverage, nutrition and
health, and personal care. The key players operating in global
specialty ingredients market are Archer Daniels Midland Co., CHR.
Hansen Holding A/S , Cargill Inc., Naturex S.A., Ashland Inc.,
Koninklijke DSM N.V. Ingredion Incorporated and E. I. du Pont de
Nemours and Company among others.
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Press Release Of Specialty Ingredients Market
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