Food Texture Market worth $18.8 billion by 2028 | Key Players are ADM, Ashland, IFF, Cargill, Tate & Lyle, CP Kelco, Kerry Group plc, DSM, Ingredion

Food Texture Market worth $18.8 billion by 2028 | Key Players are ADM, Ashland, IFF, Cargill, Tate & Lyle, CP Kelco, Kerry Group plc, DSM, Ingredion
The global food texture market is experiencing growth due to the increasing demand for convenience and ready-to-eat food products, especially in the developing world.

According to a research report Food Texture Market by Type (Cellulose Derivatives, Gums, Pectin, Gelatin, Starch, Inulin, Dextrin), Source, Form (Dry, Liquid), Application (Bakery & Confectionery Products, Dairy & Frozen Foods), Functionality and Region – Global Forecast to 2028″ published by MarketsandMarkets, the food texture market is projected to reach USD 18.8 billion by 2028 from USD 14.3 billion by 2023, at a CAGR of 5.6% during the forecast period in terms of value. The market for food texturizers is experiencing growth due to the increasing demand for convenience and ready-to-eat food products, especially in the developing world.

Food Texture Market

Download PDF Brochure:

Increase in demand for clean-label products and consumer health and wellness trends to drive the market growth of food textures.

Consumers in developed countries are increasingly seeking food products that do not contain artificial or synthetic additives due to the potential long-term negative health effects. To achieve the desired texture and extend the shelf-life of products, manufacturers are turning to natural preservatives, thickeners, and sweeteners. As people become more health-conscious, they are looking for minimally processed and naturally sourced food and beverage options.

The trend towards clean-label products is gaining momentum in the packaged food industry worldwide. Consumers are interested in knowing the ingredients and manufacturing processes used in their food products. They are also willing to pay more for products that they perceive to be clean and free of harmful additives. Consumers are paying closer attention to labels and nutritional information when making purchasing decisions than ever before. Natural food texturizers are considered clean-label products, and this is expected to drive the growth of the overall food texture market.

By source, the natural segment dominated the food texture market.

Food texturizers have been traditionally extracted and processed from natural sources. Some of the traditional texturizers are cornstarch, gelatin, agar agar, and pectin, among others. They have been popular and are thus commercialized more in the market when compared to synthetic and semi-synthetic texturizers. Moreover, this segment is also projected to grow at the fastest rate during the forecast because of its high demand among consumers. Consumer inclination towards food additives such as natural texturizers is on a spike due to their perceived health benefits and sustainability, thereby driving the growth of naturally sourced texturizers.

Request for Sample Pages:

North America dominated the food texture market during the study period.

The North American region dominates the Food Texture Market. It also plays a significant role in boosting the market growth of the food texture industry during the forecast period. North America has a well-established food & beverage industry, with the presence of many leading manufacturers such as Tyson Foods (US), The Coca Cola Company (US), Mondelez International (US), General Mills (US), The Kraft Heinz Company (US), among others. US, which is a major country in North America, is also one of the top 10 exporters of cellulose and its chemical derivatives and pectin. Canada is among one of the top 10 exporters of gelatin. This reflects the high production of various types of food texturizers in the region.

The key players in this region include ADM (US), International Flavors & Fragrances Inc. (US), DSM (US), and CP Kelco US Inc. (US). The study includes an in-depth competitive analysis of these key players in the food texture market with their company profiles, recent developments, and key market strategies.

Get 10% Free Customization on this Report:

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States