LONDON--(BUSINESS WIRE)--The specialty food ingredients market is expected to register a CAGR of over 6% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis about the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
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Due to the extensive spread of the virus across the globe, the Consumer Staples Industry is anticipated to have Positive & Direct impact. The specialty food ingredients market will showcase Positive impact during 2020-2024.
Specialty Food Ingredients Market 2020-2024: Segmentation
Specialty Food Ingredients Market is segmented as below:
-
Application
- Bakery and confectionery
- Beverages
- Sauces and condiments
- Others
-
Geography
- APAC
- Europe
- North America
- South America
- MEA
-
Product
- Nutraceutical ingredients
- Flavors
- Specialty starches
- Acidulants
- Others
North America region will account for the highest incremental growth during the forecast period due to the inception and wide usage of specialty foods ingredients.
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Continuous innovations driving the demand for specialty food ingredients have been instrumental in influencing the growth of specialty food ingredients market. Other market drivers include growing demand for nutraceuticals. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- and post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Get more insights about the global trends impacting the future of specialty food ingredients market, get free sample at: https://www.technavio.com/talk-to-us?report=IRTNTR43506
Specialty Food Ingredients Market 2020-2024: Vendor Analysis
The market is fragmented. Key players in the market have been launching several initiatives and introducing innovative products and services to cater a larger target audience during the pandemic. Major market participants include Archer Daniels Midland Co., Cargill Inc., Chr. Hansen Holding AS, DuPont de Nemours Inc., Givaudan SA, Ingredion Inc., Kerry Group Plc, Koninklijke DSM NV, Sensient Technologies Corp., and Tate & Lyle Plc.
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TOC
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Nutraceutical ingredients - Market size and forecast 2019-2024
- Flavors - Market size and forecast 2019-2024
- Specialty starches - Market size and forecast 2019-2024
- Acidulants - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application
- Bakery and confectionery - Market size and forecast 2019-2024
- Beverages - Market size and forecast 2019-2024
- Sauces and condiments - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Archer Daniels Midland Co.
- Cargill Inc.
- Chr. Hansen Holding AS
- DuPont de Nemours Inc.
- Givaudan SA
- Ingredion Inc.
- Kerry Group Plc
- Koninklijke DSM NV
- Sensient Technologies Corp.
- Tate & Lyle Plc
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
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