Integrated Food Ingredients Market worth $77.48 Billion by 2023

1. MarketsandMarkets™ Presents Integrated Food Ingredients Market - Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/integrated-food-ingredient-market-118618755.html

2. The report "Integrated Food Ingredients Market by Function (Taste Enhancers, Form, Texture, Preservation, and Coloring), Integrated Solutions (Dairy, Beverage, Bakery & confectionary, Snacks & Savory and Meat & Meat Products), and Region - Global Forecast to 2023", The integrated food ingredients market is estimated at USD 60.90 billion in 2018 and is projected to reach USD 77.48 billion by 2023, growing at a CAGR of 4.9% during the forecast period. The market is driven by factors such as the increase in the consumption of processed food, growing awareness about food preservation, along with an increase in disposable income. Browse 65 market data Tables and 47 Figures spread through 172 Pages and in-depth TOC on "Integrated Food Ingredients Market - Global Forecast to 2023“ Early buyers will receive 10% customization on this report. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=118618755

3. Asia Pacific is projected to be the fastest-growing market for integrated food ingredients during the forecast period. The processed food industry in the Asia Pacific region is experiencing growth, owing to the changing lifestyles of customers. Additionally, the processed food market in the region is also highly dynamic in nature. Consumer preferences are constantly changing in response to rapid urbanization, diet diversification, and liberalization of foreign direct investment in the food sector. The rise in incomes, increase in purchasing power, and significant consumer demand for nutritional & healthy products are expected to provide promising prospects for the growth and diversification of the integrated food ingredient sector in this region. Food items such as breakfast snacks & savories, infant formula, confectionery products, and bakery & confectionery products are widely consumed in this region. They have intrinsic properties of integrated foods, which makes the consumers receptive to these products. • The challenges faced by the integrated food ingredient processors/wholesalers require them to maximize the available space, manage different storage temperatures, and respond to a high turnover of stock while maintaining hygiene levels and product traceability. In developing countries such as China, India, and South Africa, development in the infrastructure of manufacturing units is less, which hampers the production process. The storage facilities in these countries are not technologically developed, which impacts the shelf life of products. • Players such as Cargill (US), Archer Daniels Midland (ADM) (US), Associated British Foods (UK), and Tate & Lyle (UK) have been actively strategizing their growth plans to expand in the integrated food ingredients market. These companies have a strong presence in Europe and North America, and also have manufacturing facilities and a strong distribution network across these regions. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=43206052

4. Targeted Audience: • Integrated  food  ingredient manufacturers • Regulatory bodies • Intermediary suppliers • End Users • Scope of the Report: • On the basis of Function, the market has been segmented as follows: • Taste  enhancers • Form • Texture • Preservation • Coloring • On the basis of Integrated solutions, the market has been segmented as follows: • Dairy • Beverage • Bakery &  confectionery • Snacks &  savory • Meat  products • Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=118618755

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