- Sweeteners
- Emulsifiers
- Flavors
- Functional Food Ingredient
- Preservatives
- Protein
- Texturants
- Yeast
- Enzymes
- Acidulants
- Others
Specialty Ingredients Market size was valued at USD 134.8 billion in 2022 and is anticipated to grow at USD 178.5 billion by 2029 recording at a CAGR of 5.9% from 2023-2029. Specialty Ingredients Market Reduced usage of hazardous chemicals such as phthalates, aluminum salts, and parabens, combined with ongoing attempts by many multinational firms to change to more sustainable products, has resulted in an increase in organic personal product consumption. Natural cosmetics comprising aloe vera, tea extract, lime content, and black sugar are predicted to gain popularity among customers in the next years. Increased use of natural substances such as herbs, vegetables, and fruits in anti-aging skin care products is predicted to drive product demand. Consumer knowledge of the benefits of natural ingredients, such as dandruff prevention, hair fall management, and shine, is projected to boost the specialty ingredients market. Consumers' increasing health awareness is predicted to shift their focus to nutritional and healthy diets. Rising health difficulties such as diabetes, cardiovascular disease, and obesity, particularly among the younger generation, have driven a shift in dietary trends away from junk food, alcohol, and meat consumption and toward healthy and nutritional diets. Specialty ingredients for diverse application areas are made from a wide range of source materials. The type of raw material used in food, pharmaceuticals, personal care, animal feed, paints and coatings, and building and construction is entirely dependent on the application area. Customer demands have shifted in recent years, owing to rising health concerns, environmental concerns, a lack of nutrients in meals, and skin anti-aging difficulties, all of which have a detrimental impact on total supplies.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Food ingredients provide various functionalities, taste, texture, flavor, and color to the food. Specialty ingredients are used in the food and beverage industry enhance the taste and flavor of the processed food. They also help in enhancing shelf-life and stability of the food product.Increase in the urbanization is the key factor attributed for the growth of the market. The change in lifestyle along with change in food habits is driving the growth of the market. Increase in demand for high quality food products and developing technologies are also playing a vital role in the growth of the specialty ingredients market. The soaring demand of ready-to-use food products are boosting the growth of the market. However, the stringent government regulations are hampering the growth of the market.
The specialty ingredients market size was valued at USD 134.8 billion in 2022
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
The specialty ingredients market key players are: Tate & Lyle (the U.K.), Royal DSM (the Netherlands), Cargill (U.S.), Hansen (Denmark), DuPont, Archer Daniel Midland (U.S.), Kerry Groups (Irelands), Givaudan Flavors (Switzerland), Ingredion Incorporated (U.S.)
1. Executive Summary |
2. Global Specialty Ingredients Market Introduction |
2.1.Global Specialty Ingredients Market - Taxonomy |
2.2.Global Specialty Ingredients Market - Definitions |
2.2.1.Product Type |
2.2.2.By Application |
2.2.3.Region |
3. Global Specialty Ingredients Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Specialty Ingredients Market Analysis, 2018-2022 and Forecast 2023-2029 |
4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Specialty Ingredients Market By Product Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
5.1. Sweeteners |
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Emulsifiers |
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Flavors |
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Functional Food Ingredient |
5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Preservatives |
5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Protein |
5.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Texturants |
5.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Yeast |
5.8.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
5.9. Enzymes |
5.9.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.9.3. Market Opportunity Analysis |
5.10. Acidulants |
5.10.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.10.3. Market Opportunity Analysis |
5.11. Others |
5.11.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.11.3. Market Opportunity Analysis |
6. Global Specialty Ingredients Market By By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
6.1. Bakery & Confectionery |
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Beverages |
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Dairy & Frozen foods |
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Meat Products & Functional Foods |
6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Convenience foods |
6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Others |
6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7. Global Specialty Ingredients Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. North America Specialty Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
8.1. Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Sweeteners |
8.1.2.Emulsifiers |
8.1.3.Flavors |
8.1.4.Functional Food Ingredient |
8.1.5.Preservatives |
8.1.6.Protein |
8.1.7.Texturants |
8.1.8.Yeast |
8.1.9.Enzymes |
8.1.10.Acidulants |
8.1.11.Others |
8.2. By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Bakery & Confectionery |
8.2.2.Beverages |
8.2.3.Dairy & Frozen foods |
8.2.4.Meat Products & Functional Foods |
8.2.5.Convenience foods |
8.2.6.Others |
8.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9. Europe Specialty Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Sweeteners |
9.1.2.Emulsifiers |
9.1.3.Flavors |
9.1.4.Functional Food Ingredient |
9.1.5.Preservatives |
9.1.6.Protein |
9.1.7.Texturants |
9.1.8.Yeast |
9.1.9.Enzymes |
9.1.10.Acidulants |
9.1.11.Others |
9.2. By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Bakery & Confectionery |
9.2.2.Beverages |
9.2.3.Dairy & Frozen foods |
9.2.4.Meat Products & Functional Foods |
9.2.5.Convenience foods |
9.2.6.Others |
9.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
10. Asia Pacific (APAC) Specialty Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Sweeteners |
10.1.2.Emulsifiers |
10.1.3.Flavors |
10.1.4.Functional Food Ingredient |
10.1.5.Preservatives |
10.1.6.Protein |
10.1.7.Texturants |
10.1.8.Yeast |
10.1.9.Enzymes |
10.1.10.Acidulants |
10.1.11.Others |
10.2. By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Bakery & Confectionery |
10.2.2.Beverages |
10.2.3.Dairy & Frozen foods |
10.2.4.Meat Products & Functional Foods |
10.2.5.Convenience foods |
10.2.6.Others |
10.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11. Middle East and Africa (MEA) Specialty Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Sweeteners |
11.1.2.Emulsifiers |
11.1.3.Flavors |
11.1.4.Functional Food Ingredient |
11.1.5.Preservatives |
11.1.6.Protein |
11.1.7.Texturants |
11.1.8.Yeast |
11.1.9.Enzymes |
11.1.10.Acidulants |
11.1.11.Others |
11.2. By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Bakery & Confectionery |
11.2.2.Beverages |
11.2.3.Dairy & Frozen foods |
11.2.4.Meat Products & Functional Foods |
11.2.5.Convenience foods |
11.2.6.Others |
11.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12. Latin America Specialty Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Sweeteners |
12.1.2.Emulsifiers |
12.1.3.Flavors |
12.1.4.Functional Food Ingredient |
12.1.5.Preservatives |
12.1.6.Protein |
12.1.7.Texturants |
12.1.8.Yeast |
12.1.9.Enzymes |
12.1.10.Acidulants |
12.1.11.Others |
12.2. By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Bakery & Confectionery |
12.2.2.Beverages |
12.2.3.Dairy & Frozen foods |
12.2.4.Meat Products & Functional Foods |
12.2.5.Convenience foods |
12.2.6.Others |
12.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.Tate & Lyle (the U.K.) |
13.2.2.Royal DSM (the Netherlands) |
13.2.3.Cargill (U.S.) |
13.2.4.Hansen (Denmark) |
13.2.5.DuPont (the U.S.) |
13.2.6.Archer Daniel Midland (U.S.) |
13.2.7.Kerry Groups (Irelands) |
13.2.8.Givaudan Flavors (Switzerland) |
13.2.9.Ingredion Incorporated (U.S.) |
14. Research Methodology |
15. Appendix and Abbreviations |