The global Food
Texture Market was valued at USD 11,460.7 million
in 2018 and is expected to reach USD 18,837.8 million by the year 2026, at a
CAGR of 6.4%. The sensation of food texture plays a crucial role in influencing
consumers’ liking and preference of a food product. Food textures help in
retaining the nutrients and also prevent microorganism’s growth, which results
in extended shelf life. Textures observe full applications in dairy products,
ice creams, confectionaries, chocolates, jams, bakery items, sauces, dressings,
soups, and beverages. Cellulose derivatives, starch, gelatin, and algae
extracts are usually used as food textures.
The report also examines
the financial standing of leading companies in detail, which consists of market
position, gross profit, overall revenue, sales volume, manufacturing, growth
rate, and other vital facts & figures. It profiles the leading companies in
the Food Texture market to derive market positions, and strengths and
weaknesses of established competitors and new entrants by utilizing analytical
tools like SWOT Analysis and Porter’s Five Forces Analysis. The study also highlights
production capacity, consumer base, value, volume, product offerings, upstream suppliers,
downstream buyers, market concentration rate, and leading regions to give an
exhaustive evaluation of the global landscape.
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Key
Players:
The key players of the
market are CP Kelco, Tate and Lyle PLC, Ingredion Inc, DuPont, Kerry Group,
Lonza Group Ltd, Naturex, Puratos Group, Cargill Inc., Archer Daniels Midland
Co. and Ajinomoto Co. Inc.
Further
key findings from the report suggest:
- Consumer preference is important to
the food manufacturer, who wants to gain as wide a share of the market for
the product as possible, thus there is an increasing demand for food
texturing agents
- Among the texture characteristics,
hardness (firmness) is one of the most important parameters, which is
often used to determine the freshness of food.
- Springiness, cohesiveness,
adhesiveness and gumminess are significant properties for the texture
evaluation for meat-based products
- Analysis of consumer complaint data
on food products indicates that there is scope for considerable
improvement in textural properties of foods that are presently produced,
especially processed foods
- Emulsifiers are the most popular
types of food textures being used, and are expected to see a growth rate
of 6.9% during the forecast period
- Use of food texture agents in
bakery products is also big business, commanding an estimated market
valuation of USD 6,363.03
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Segments
covered in the report:
This report forecasts
revenue growth at a global, regional & country level, and provides an
analysis of the market trends in each of the sub-segments from 2016 to 2026.
For the purpose of this study, Reports and Data have segmented the Food texture
market on the basis of source, type, functionalities, application and region:
On the basis of type, the food texture
market has been segmented as follows:
- Hydrocolloids
- Emulsifiers
- Specialty
Starch
- Others
On the basis of source, the food
texturizing agents market has been segmented as follows:
- Plant-based
- Animal-based
- Synthetic
- Others
(Microbes, sea weeds etc)
On the basis of functionality,
the market has been segmented as follows:
- Thickening
- Gelling
- Emulsifying
- Stabilizing
- Others
On the basis of application, the food
texture market has been segmented as follows:
- Dairy
- Bakery
- Confectionery
- Poultry
& meat
- Ready
to Cook & Eat
- Sauces,
soups & dressings
- Other
convenience food
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full report here @
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Key Points Addressed in the Report:
·
A detailed
analysis of the global Food Texture market through assessment of key market
aspects such as technology, product type, application, end-use, and overall
industry dynamics.
·
Qualitative and
quantitative analysis of the market estimation from 2021 to 2028 and CAGR
calculation for the forecast period.
·
All-inclusive
assessment of market dynamics with emphasis on drivers, restraints,
opportunities, and limitations.
·
Extensive
profiling of key companies operating in the market including company overview,
financial standing, product offerings, product portfolio, recent product and
technological advancement, and business expansion plans.
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