France Specialty Food Ingredients Market Size & Outlook
France specialty food ingredients market, 2018-2030 (US$M)
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France specialty food ingredients market highlights
- The France specialty food ingredients market generated a revenue of USD 6,721.7 million in 2022 and is expected to reach USD 10,386.1 million by 2030.
- The France market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
- In terms of segment, sensory was the largest revenue generating by product in 2022.
- Functional is the most lucrative by product segment registering the fastest growth during the forecast period.
Specialty food ingredients market data book summary
| Market revenue in 2022 | USD 6,721.7 million |
| Market revenue in 2030 | USD 10,386.1 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Sensory |
| Fastest growing segment | Functional |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensory, Functional |
| Key market players worldwide | Naturex, Givaudan SA, Ingredion Inc, Associated British Foods PLC, Kerry Group PLC Class A, Ashland Inc, Archer-Daniels Midland Co, Cargill, DSM, Tate & Lyle PLC, Agropur, WILD Flavors, Diana Group, Chr. Hansen |
Other key industry trends
- In terms of revenue, France accounted for 7.0% of the global specialty food ingredients market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany specialty food ingredients market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 12,902.8 million by 2030.
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Specialty Food Ingredients Market Scope
Specialty Food Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 57.56% in 2022. Horizon Databook has segmented the France specialty food ingredients market based on sensory, functional covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness regarding the health and digestive benefits associated with the food ingredients, rising geriatric population, increasing demand for non-medical dietary supplements, and technological advancements in farming and processing of these products are some of the factors driving the specialty food ingredients demand in France.
The rising prevalence of chronic diseases in France is expected to create a high leverage point for the introduction of new food items, drinks, and supplements in the near future. Vitamins, proteins, minerals, and others are expected to gain a significant demand owing to the increasing demand from the end-user segment.
Factors such as the introduction of new food products and rising demand for organic foods from the increasing population are expected to propel the industry growth over the forecast period. Increasing demand for bakery products in the country is expected to create scope for the increased demand for specialty food ingredients. Thereby, augmenting the demand for food colors, thickeners, and other ingredients.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the France specialty food ingredients market , including forecasts for subscribers. This country databook contains high-level insights into France specialty food ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France specialty food ingredients market size, by by product, 2018-2030 (US$M)
France Specialty Food Ingredients Market Outlook Share, 2022 & 2030 (US$M)
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