Europe Specialty Food Ingredients Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.96 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Specialty Food Ingredients Market Analysis
Europe's specialty food ingredient market is growing by registering a CAGR of 4.96% during the forecast period (2020-2025).
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By type, the flavors segment occupied the largest market share in 2018. The specialty oil segment is projected to witness the highest CAGR over the forecast period.
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By functional food ingredient type, vitamins and minerals occupied the largest market share in 2018. The botanical functional food ingredient is projected to witness the highest CAGR, over the forecast period.
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By application type, the beverages application occupied the largest market share in 2018. The bakery segment is projected to witness the highest CAGR over the forecast period.
Europe Specialty Food Ingredients Market Trends
This section covers the major market trends shaping the Europe Specialty Food Ingredients Market according to our research experts:
Obesity And Overweight in Europe – Leveraging Opportunity For Manufacturers
A few centuries on, with the onset of industrial farming, food is no longer a status symbol and the specter of famine has receded from the consumer consciousness. The abundance of food is such that the link between calorie intake and social status has not so much been eliminated but it has been highly reversed the other way. Across Europe and most of the developed countries, people have easy access to cheap, high-calorie fast food and ready meals. As a result, the average body mass index (BMI) has shot up across the developed world and beyond. Utilizing the latest estimates from EU countries, the World Health Organization suggests that 30-70% of adults are overweight in Europe, whilst obesity affects 10-30% of adults. Moreover, according to the WHO, in the EU, one in three 11-year-olds are either overweight or obese.
Functional Food Ingredients Holds The Major Share
Functional food ingredients are fortified with ingredients to enhance their basic nutritional values. The increase in consumption of nutritive convenience food and fortified food and the growth in health awareness among consumers are driving the functional food ingredients segment. Rapid advancements in technology and companies’ efforts in trying to develop products with multifunctional applications are driving the functional food ingredients segment of the market studied. The major factors restraining the growth of the functional food ingredients segment are the high cost for functional food products, due to the inclusion of healthier or naturally sourced ingredients and the complexities that are related to the adulteration of functional food products.
Europe Specialty Food Ingredients Industry Overview
Europe Specialty Food Ingredients Market Leaders
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Cargill
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DuPont
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Tate & Lyle
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Kerry
*Disclaimer: Major Players sorted in no particular order
Europe Specialty Food Ingredients Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Ingredient Type
- 5.1.1 Functional Food Ingredient
- 5.1.2 Specialty Starch and Texturants
- 5.1.3 Sweeteners
- 5.1.4 Flavors
- 5.1.5 Acidulants
- 5.1.6 Preservatives
- 5.1.7 Emulsifiers
- 5.1.8 Colors
- 5.1.9 Enzymes
- 5.1.10 Cultures
- 5.1.11 Proteins
- 5.1.12 Specialty Oils
- 5.1.13 Yeasts
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5.2 By Application
- 5.2.1 Beverages
- 5.2.2 Sauces, Dressings, and Condiments
- 5.2.3 Bakery
- 5.2.4 Dairy
- 5.2.5 Confectionery
- 5.2.6 Dried Processed Foods
- 5.2.7 Frozen/Chilled Processed Foods
- 5.2.8 Sweet and Savory Snacks
- 5.2.9 Other Applications
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5.3 By Country
- 5.3.1 Spain
- 5.3.2 United Kingdom
- 5.3.3 France
- 5.3.4 Germany
- 5.3.5 Russia
- 5.3.6 Italy
- 5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Cargill Inc.
- 6.4.2 DuPont
- 6.4.3 Tate & Lyle PLC
- 6.4.4 Kerry Group
- 6.4.5 Archer Daniels Midland
- 6.4.6 Koninklijke DSM NV
- 6.4.7 Ingredion Incorporated
- 6.4.8 Sensient Technologies
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Specialty Food Ingredients Industry Segmentation
Europe Specialty Food Ingredient Market is Segmented by Ingredients into Functional Food Ingredient, Specialty Starch and Texturants, Sweeteners, Flavors, Acidulants, Preservatives, Emulsifiers, Colors, Enzymes, Cultures, Proteins, Specialty Oils, Yeasts. By Application the market is segmented into Beverages, Sauces, Dressings, and Condiments, Bakery, Dairy, Confectionery, Dried Processed Foods, Frozen/Chilled Processed Foods, Sweet and Savory Snacks and Other Applications. The geographical analysis of the market has also been included.
| By Ingredient Type | Functional Food Ingredient |
| Specialty Starch and Texturants | |
| Sweeteners | |
| Flavors | |
| Acidulants | |
| Preservatives | |
| Emulsifiers | |
| Colors | |
| Enzymes | |
| Cultures | |
| Proteins | |
| Specialty Oils | |
| Yeasts | |
| By Application | Beverages |
| Sauces, Dressings, and Condiments | |
| Bakery | |
| Dairy | |
| Confectionery | |
| Dried Processed Foods | |
| Frozen/Chilled Processed Foods | |
| Sweet and Savory Snacks | |
| Other Applications | |
| By Country | Spain |
| United Kingdom | |
| France | |
| Germany | |
| Russia | |
| Italy | |
| Rest of Europe |
Europe Specialty Food Ingredients Market Research FAQs
What is the current Europe Specialty Food Ingredients Market size?
The Europe Specialty Food Ingredients Market is projected to register a CAGR of 4.96% during the forecast period (2024-2029)
Who are the key players in Europe Specialty Food Ingredients Market?
Cargill, DuPont, Tate & Lyle and Kerry are the major companies operating in the Europe Specialty Food Ingredients Market.
What years does this Europe Specialty Food Ingredients Market cover?
The report covers the Europe Specialty Food Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Specialty Food Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
EU Specialty Food Ingredients Industry Report
Statistics for the 2024 EU Specialty Food Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. EU Specialty Food Ingredients analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
