USD 12.25 billion
Food Texture Market Size, Share, Growth Analysis, By Functionalities(Thickening, Gelling, Emulsifying, Stabilizing agents), By Application(Dairy & Frozen Foods, Bakery & Confectionery, Sauces & Dressings, Snacks & Savory), By Region - Industry Forecast 2024-2031
Report ID:
SQSG30H2006 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
67
|Figures:
78
Food Texture Market Insights
Food Texture Market size was valued at USD 12.25 billion in 2019 and is poised to grow from USD 12.82 billion in 2023 to USD 18.52 billion by 2031, growing at a CAGR of 4.7% in the forecast period (2024-2031).
Food Texturizing compounds are used to enhance the food texture such as viscosity thickness, creaminess, clarity, and a variety of other properties. Many customers are aware of the value of flavor in food products, but they are less aware of the relevance of texture. The many texturizing additives available in the food texture market provide the dish with different qualities. it can be used alone or in multiple combinations to provide the final product texture. They help to provide food with a more solid structure and hence extend its shelf life. Food texture is a major criterion consumers use to judge food quality and freshness. Texture enhances the sensory experience of food and is a key ingredient in food and beverage products worldwide. The food and beverage industry increasingly uses texturizing agents in various processed foods.
US Food Texture Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Thickening
Fastest Growth
Thickening
Growth Rate
4.7% CAGR
Global Food Texture Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Food Texture Market Segmental Analysis
The Global Food Texture Market is segmented based on Functionalities, Application, and Region. Based on the Functionalities, the Global Food Texture Market is segmented as Thickening, Gelling, Emulsifying, Stabilizing agents. Based on the Application , the Global Food Texture Market is segmented as Dairy & Frozen Foods, Bakery & Confectionery, Sauces & Dressings, Snacks & Savory, Beverages, Meat & Poultry products. Based on Region Food Texture Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Food Texture Market Analysis by Functionalities
In 2021, Emulsifying had the largest market share of more than 40%. Emulsifying is likely to be driven by an increase in processed food consumption due to rising increase in end-user applications of food emulsifiers. This has resulted in a growing food texture market for various forms of convenience foods, which is expected to drive processing ingredient consumption volumes in the food and beverage industry, such as emulsifiers.
Global Food Texture Market By Functionalities , 2021(%)
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Food Texture Market Regional Insights
In 2021, The largest market share of the food texture market is North America. The need for components that provide textures to food has increased as a result of greater food innovation. Due to the rising demand for processed foods, Europe is expected to become the second-largest market. Asia-Pacific is expected to develop at the fastest rate of 6.2% throughout the forecasted period. Food texturants provide benefits in food processing and enhance food appeal and palatability, despite their primary function as texturing agents. In addition, the rising demand for processed foods in the bakery, confectionery, convenience food, and dairy industries will influence the food texture market globally.
Global Food Texture Market By Geography, 2021 - 2028
- Largest
- Fastest
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Food Texture Market Dynamics
Food Texture Market Driver
- Growing globalization and changing lifestyles are driving an increase in convenience food consumption in the world. As a result, the increase in demand for convenience foods is expected to boost the worldwide food texture market. In developed countries, convenience food is becoming increasingly important to consumers.
- Food texture helps products have longer shelf life while also improving their look. Emulsifiers are also one of the food additives that are gradually replacing many other additives in food items with the goal of lowering the overall fat content. To support in the reduction of bad cholesterol in food items, food makers are increasingly adopting emulsifiers, which are boosting their use in processed meals.
Food Texture Market Restraint
- The food texture market limitations include high-calorie content, energy loss, and increased allergenic content. Moreover, their manufacturing may involve procedures that have negative environmental consequences, which has a negative impact on market growth. However, players in the global food texture market are shifting their focus to the production of safe synthetic chemicals.
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Consumers tend to have some allergy or can get affected by added ingredients for the texture which can result in headache, ulcers, skin rashes, intestinal upsets. These side effects can cause major setbacks for the market.
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Food Texture Market Competitive Landscape
The global food texture market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions.
Food Texture Market Top Player's Company Profiles
- Archer Daniels Midland Company
- Cargill, Incorporated
- DowDuPont Inc.
- Ingredion Incorporated
- Kerry Group plc
- Tate & Lyle plc
- Ashland Global Holdings Inc.
- CP Kelco
- FMC Corporation
- Givaudan SA
- International Flavors & Fragrances Inc.
- Koninklijke DSM N.V.
- Lonza Group Ltd.
- PPG Industries, Inc.
- Sensient Technologies Corporation
- Symrise AG
- BASF SE
- Chr. Hansen Holding A/S
- Firmenich SA
- GEA Group AG.
Food Texture Market Recent Developments
- In June 2022, Roquette has announced the European launch of its new Nutralys line of organic textured pea and fava bean proteins. Roquette collaborated with Chef Morten Fenger to develop and expand the possibilities of the Nutralys line of organic pea and fava bean protein.
- In June 2022, InnovoPro Launched an ice cream that uses chickpeas. New products, such as this frozen treat, must overcome consumers' dissatisfaction with the taste and texture of other plant-based offerings.
- In June 2022, Tate & Lyle, a provider of food and beverage ingredients and solutions, has completed the acquisition of Quantum Hi-Tech (Guangdong) Biological Co., Ltd (Quantum), a Chinese prebiotic dietary fibre business.
Food Texture Key Market Trends
- Food texture aids in the prevention of product spoiling caused by mold, air, bacteria, fungi, or yeast, particularly in dairy and bread applications. They assist control contamination as well as protecting the quality of the food.
- The rising customer demand for convenience and packaged food products. Texturizing agents are used to improving the color, attractiveness, and palatability of products like bread, confectioneries, soups, sauces, drinks, and dressing.
Food Texture Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Food Texture Market Analysis, The food and beverage sector is always on the search for additives and ingredient solutions that help food items retain their nutritional value while also providing a longer shelf life, improved structure, and high stability. As a result, many food texture market players will benefit from the use of higher-quality and more efficient additives. Based on their specific qualities, functions, and capabilities, several types of starch sources such as quinoa, oats, barley, potato, and corn could be utilized to extract such super-stabilizing food texture. Such advancements in the creation of food emulsifiers could help the market grow much more, while also benefiting market players by lowering product costs and extending their shelf life.
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 12.25 billion |
| Market size value in 2031 | USD 18.52 billion |
| Growth Rate | 4.7% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Food Texture Market Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Food Texture Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Food Texture Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Food Texture Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Food Texture Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Food Texture Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Food Texture Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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