Ingredients stand at the base of food production, and regardless of the actual product, focusing on healthy, origin-controlled trends are now paramount for all manufacturers. This also applies to gastronomies around the world, as the global consumer is more interested in what the label shows.
The global food ingredients market is expected to grow from USD42.88bn in 2021 to USD59.83bn in 2025, with a CAGR of 8.7%. North America was the largest region in the food ingredients market in 2020. Europe was the second-largest market in the food ingredients market, according to a report published by BRC. Based on application, although sales of food ingredients in functional foods will account for the smallest revenue share of the market, their sales are projected to register the highest CAGR through 2022.
According to a new study by Persistence Market Research, in contrast, sales of food ingredients in frozen foods will exhibit the lowest CAGR in the market through 2022. In addition, sales of food ingredients in ready-to-eat foods and meat will reflect nearly similar CAGRs through 2022. However, revenues from ready-to-eat foods segment will remain comparatively higher than that of meat during the forecast period. Based on function, stabilizers, thickeners, binders, & texturizers, and emulsifiers segments are projected to exhibit similar CAGRs through 2022. Nutrients are anticipated to emerge as the fastest expanding function of food ingredients over the forecast period. This growth of nutrients is mainly because of increasing demand for nutrient-rich food products from health-conscious consumers across the globe. Although sweeteners will account for the largest market revenue share, sales of food ingredients in nutrients will witness a sluggish expansion through 2022, the study shows.
A Focus on “Cleaner” Products
Frozen herbs are a health and sustainability benefit for the food industry, Herbafrost representatives point out. Because of regional crops in the immediate vicinity of Herbafrost’s factories, the company can reduce its carbon footprint and produce „cleaner” products this way. Both Herbafrost’s conventional range and its range of organic products are cultivated with the greatest care and processed into a ready-made product. The range of herbal drops, both conventional and organic, is growing steadily. “An absolute added value to our range is the IQF herbal mixes, such as Italian Mix, Provence Mix and Salad Mix. They are perfect for elevating your dish to the next level,” Herbafrost representatives say. “Especially the Mix garlic/parsley is booming, being ideal for barbecue and dressings. Also strongly catching on are the herbal drops. They are ideal for juices, dairy, and sorbets. Our herbal drops have a nice smooth and very fine structure and an intensive taste.”
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