Global Specialty Food Ingredients Market Size & Outlook
Global specialty food ingredients market, 2018-2030 (US$M)
Related Markets
Global specialty food ingredients market highlights
- The global specialty food ingredients market generated a revenue of USD 96,615.4 million in 2022 and is expected to reach USD 144,979.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.2% by 2030.
- In terms of segment, sensory accounted for a revenue of USD 56,865.8 million in 2022.
- Functional is the most lucrative by product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 96,615.4 million |
| Market revenue in 2030 | USD 144,979.6 million |
| Growth rate | 5.2% (CAGR from 2022 to 2030) |
| Largest segment | Sensory |
| Fastest growing segment | Functional |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensory, Functional |
Other key industry trends
- In terms of revenue, the North America accounted for 23.4% of the global specialty food ingredients market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 5,444.2 million by 2030.
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Specialty Food Ingredients Market Scope
Specialty Food Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global specialty food ingredients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to specialty food ingredients market will help companies and investors design strategic landscapes.
Sensory was the largest segment with a revenue share of 58.86% in 2022. Horizon Databook has segmented the Global specialty food ingredients market based on sensory, functional covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Specialty Food Ingredients By Product Outlook (Revenue, USD Million, 2018-2030)
- Sensory
- Enzymes
- Emulsifiers
- Flavours
- Colorants
- Others
- Functional
- Vitamins
- Minerals
- Antioxidants
- Preservatives
- Others
- Sensory
- Global Specialty Food Ingredients By Application Outlook (Revenue, USD Million, 2018-2030)
- Snacks
- Bakery
- Confectionery
- Dairy Products
- Breakfast Cereals
- Frozen Foods
- Meat, Poultry & Seafood
- Baby Food
- Sauces, Dressings & Condiments
- Alcoholic
- Non-alcoholic
- Others
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Target buyers of Global specialty food ingredients market databook
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Our clientele includes a mix of specialty food ingredients market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global specialty food ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global specialty food ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global specialty food ingredients market size, by regions, 2018-2030 (US$M)
Top 10 countries: Specialty food ingredients market size, 2022 (US$M)
Global specialty food ingredients market share, by by product, 2022 & 2030 (%, US$M)
Specialty food ingredients market: Opportunity assessment by country
Global specialty food ingredients market, by region, 2022 (US$M)
Related regional statistics
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