(Entertainment-NewsWire.com, May 23, 2017 ) As per the syndicated report published by Market Data Forecast Europe Specialty Food Ingredients Market which is estimated to be USD 13.91 Billion in 2016 is poised to reach USD 17.83 billion by 2021, at a CAGR of 5.10% from 2016 to 2021.
It can attribute to the factors such as changing lifestyle, which is making people more addicted to the packaged and processed food, which eventually is leading to obesity among people. Due to this, people are resorting to balanced food and low consumption of fat, which is increasing the demand for Specialty food ingredients. However, the market growth can be restrained due to high price of raw materials and processing equipment, and strict regulations on the consumption levels by food administration bodies.
To give brief idea, Specialty food ingredients are an essential part of a wide range of food products. These food ingredients have been used since many years to flavour, preserve, blend, and colour and to maintain the nutritional content of the food. Functional Food Ingredients segment dominate the market with largest share and demand, while, Nutraceuticals segment is escalating in the market with high CAGR
Europe Specialty Food Ingredients Market is segmented based on Ingredients and Application as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Geographically, Europe market for Specialty Food Ingredients is segmented into U.K., Germany, Spain, France and Italy. Europe is the second biggest market in terms of market share across the globe. With high-organized retail penetration, U.K. is seen as saturated market for processed foods. Technological developments are considered as the strongest factor leading to the growth of the specialty food ingredients market. As a result, the industry is expected to progress at a steady growth rate in this region.
Archer Daniel Midland, Royal DSM N.V., Kerry Groups, Cargill Inc., E. I. DuPont de Nemours and Company, Givaudan Flavours, Sensient Technologies, CHR. Hansen, Ingredion Incorporated, and Tate & Lyle PLC are the major players of Europe Specialty Food Ingredients market.
The Specialty Food Ingredients Market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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