The
global food texturant market has witnessed a rise in demand from all
major food processing regions. The introduction of a food
texturant(s) in processed food helps reduce fats and sugar content
significantly. Also, shelve stable dynamics of food texturants help
manufacturers design more efficient processed foods in terms of
stability and profitability. The food texturant market is expected to
be driven by the growing functional foods and beverages industry in
developed as well as developing regions. The food texturant market is
expected to witness a significant transition of offerings by key
players from traditional food texturants to clean label offerings as
the former types tend to offer limited health benefits. This
transition is expected to incorporate naturally-sourced food
texturants, such as agar, carrageenan and other microbial
hydrocolloids, and further boost the demand for food texturants as
they are comparatively cheaper and easily available. Bakery products,
confectioneries, snacks, beverages, and sauces are considered to be
major end-users for the food texturant market and since these
industries are witnessing steady growth, the food texturant market is
also expected to have a positive outlook over the forecast period.
North America is expected to dominate the global food texturant
market over the forecast period, owing to the region’s vast food
processing industry.
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Growing
consciousness regarding healthy food has compelled key manufacturers
to exclude specific ingredients or considerably reduce their content
with the introduction of replacers, of which food texturants are a
major part. Technological changes and newer and natural food
texturants have significantly helped the food processing market
overcome the general notion of the unhealthiness of food texturants.
This change in dynamics and incorporation of newer and healthier
products make the food texturant a lucrative market to participate in
for ingredient manufacturers.
Some
of the key players operating in the global
food texturant market are, Tate & Lyle Plc., Koninklijke
DSM N.V., E. I. du Pont de Nemours and Company, BASF SE, Cargill,
Incorporated, Darling Ingredients Inc., Kerry Group PLC, CP Kelco,
Ashland Inc., Fuerst Day Lawson, Ingredion Incorporated, Rico
Carrageenan (W Hydrocolloids, Inc.), BENEO GmbH, ABF Ingredients
Group, and Ewald-Gelatine GmbH.
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