With great strides in global economic development, witnessed in past few
decades, significant changes in the social food consumption habits have become
a reality. Today, food in numerous forms and varieties is being commercially
produced and preserved to meet the varying needs of the modern day society.
Food ingredients industry is not only well established but is certain to
flourish to meet the requirements of ever expanding food industry and changing
social eating preferences. The volume sales of food ingredients, world over,
are expected to register a CAGR of approximately 2.7% during 2011-2014.
The major product segments of food ingredients industry include flavors,
sweeteners, dairy proteins, cultures, colors, enzymes, and other functional
ingredients. The rise in demand for flavors and sweeteners has experienced
significant growth in the recent past. With increased consumption of processed
food and change in customer preferences, the use of colors and flavors has
increased manifold and is expected to further expand in the times to come.
Further, the continuing demand for low calorie food would ensure a strong
growth in the market for high intensity sweeteners. The important application
areas of food ingredients are savory, beverages, dairy, supplements, and
bakery products, among others.
When there is general economic development all business activities grow.
Growth of food ingredients market is no exception in the wake of global
economic development. Further, as global population is on the rise, especially
that of middle class, food ingredient market is inevitably growing to meet the
increased food requirement. Demand for food ingredients is also fast
accelerating to meet the requirements of growing retail food and beverage
industry. Moreover, in the present scenario, as people are showing greater
concern and focus on health aspects, the food ingredients industry is
positively responding by offering solutions addressing this need. However, the
industry also faces certain challenges which could dampen its growth
prospects. It is established off late, that the numerous food ingredients used
in the preparation and preservation of food are also causing health hazards.
This is compelling the food ingredient manufacturers to invest in R&D and
bring forth non-hazardous ingredients, suitable for use. In addition, the
global ingredients industry struggles to meet the challenge of strict
regulatory requirements being imposed by authorities world over.
Food ingredients industry is an intensely competitive marketplace with
numerous companies operating in the market, ranging from specialist
manufacturers to diversified players. Kerry Group is the leading player in the
global food ingredients market, offering the broadest portfolio of products.
The other significant players include DSM, DuPont, Tate & Lyle, Givaudan, and
Chr Hansen, among others.
The present report offers an analysis of the global food ingredients market
with a special focus on sub-segments like flavors, sweeteners, food colorants,
cultures and enzymes market. It also discusses key growth drivers,
opportunities and major challenges faced by the food ingredients industry. The
report also profiles major players in the food ingredients market.
By combining SPSS Inc.' s data integration and analysis capabilities with our
relevant findings, we have predicted the future growth of the industry. We
employed various significant variables that have an impact on this industry
and created regression models with SPSS Base to determine the future direction
of the industry. Before deploying the regression model, the relationship
between several independent or predictor variables and the dependent variable
was analyzed using standard SPSS output, including charts, tables and tests.
Table of Contents
1. Overview
2. Global Food Ingredients Market
2.1 Market Size
Market Volume
Regional Growth
Major Segments
2.2 Geographical Segmentation
2.3 Customers Split of Food Ingredients Market
2.4 End Market of Food Ingredients
3. Food Ingredients - Segment Analysis
3.1 Global Flavors Market
3.1.1 Market Size
3.1.2 Market Characteristics
3.1.3 End User Applications of Flavors
3.1.4 Flavor Market Trends
3.1.5 Key Growth Determinants in the Flavor Segment
3.1.6 Competition in the Flavor Market
3.2 Global Sweetener Market
3.2.1 High Intensity Sweetener Market (HIS)
3.2.2 Natural No Calorie Sweetener - Stevia
3.2.3 The US Sweetener Market
3.2.4 Chinese Sweetener Market
3.3 Global Food Colorants Market
3.3.1 Market Size
3.3.2 The Switch to Natural Colors
3.4 Food Cultures Market
3.5 Food Enzymes Market
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Global Economic Development
4.1.2 Global Population Growth
4.1.3 Growth in Retail Food and Beverage Market
4.1.4 Growing Middle Class
4.1.5 Increasing focus on health
4.2 Challenges
4.2.1 Strict Regulatory Requirements
4.2.2 Health Hazards Associated with Food Additives
5. Competitive Scenario
Competitive Overview
Market Share
6. Company Profiles
6.1 Kerry Group plc
Business Description
Key Financials
Business Strategies
Investing in Innovation
Growth through Acquisitions
6.2 Royal DSM N.V. (DSM)
Business Description
Key Financials
Business Strategies
Focus on Emerging Markets
Growth through Acquisitions/Partnerships
6.3 Tate & Lyle
Business Description
Key Financials
Business Strategies
Expansion of Specialty Food Ingredients Business
Constant Product Development
6.4 E. I. du Pont de Nemours and Company (DuPont)
Business Description
Key Financials
Business Strategies
Focus on Inclusive Innovation
Creating a Differential Management
7. Market Outlook
7.1 Market Forecast
7.2 Forecast Methodology
7.2.1 Dependent and Independent Variables
7.2.2 Correlation Analysis
7.2.3 Regression Analysis
List of Charts
Global Food Industry Revenues, 2001-2010
Global Food & Beverage Ingredients Market - by Volume, 1999-2010
Global Food & Beverage Ingredients Volume Growth - by Regions, 1999-2010
Global Specialty Food Ingredients Market by Segments - by Value, 2010
Geographical Segmentation of Global Food Ingredients Market, 2010
Customer Split of Food Ingredients Market, 2010
Global Food Ingredients Market by Application, 2011
Global Flavor Market Revenues, 2009-2011
Global Flavor Market Breakdown by End User Application, 2010
Market Share of Leading Players in Global Flavor Market, 2010
Classification of Sweeteners
Global Sweetener Market Breakup by Value, 2009
Global High Intensity Sweetener (HIS) Market, 2005-2010
Global High Intensity Sweetener Market - Value Share by Type, 2010
Global High Intensity Sweetener Market Breakdown by Region, FY11
Worldwide Market for High Purity Stevia (Reb A) Extracts, 2009-2015E
Value Share of Sweeteners Market in the US, 2009
Production Volume of Sugar and Starch Sweeteners in China, 2004-2011E
Global Food Colorant Market Size, 2007-2011E
Global Food and Beverage Color Market by Segments, 2011E
Natural Colors Share of Value by Region, 2009
Natural Color Penetration (by Volume) in Food and Beverages, 2011E
Percentage of New Launches of Confectionary that Contains Natural Colors,
2011E
Global Industrialized End-Product Market, 2009-2016
Global Industrial Enzyme Market by Industries - by Value, 2010
European Food Enzymes Market, 2011 & 2016F
Development of GDP, 2010-2011
Global Population Growth, 2005-2012F
Global Retail Packaged Food - Annual Growth in Key Markets, 2011-2015
Global Retail Beverage Market - Annual Growth in Key Markets, 2011-2015
Change in Middle Class by Region, 2010-2020
Leading Players in Food Ingredients & Flavors Market- Revenue Comparison,
2011
Market Share in Global Specialty Food Ingredients Market Segment, 2010
Kerry's Revenue Breakdown by Business Segments, 2011
Kerry's Revenues and Net Income, 2007-2011
DSM's Revenue Breakdown by Business Segments, 2011
DSM's Revenues and Net Income, 2007-2011
Tate & Lyle's Revenue Breakdown by Business Segments, 2011
Tate & Lyle's Revenues and Net Income, 2007-2011
DuPont's Revenue Breakdown by Business Segments, 2011
DuPont's Revenues and Net Income, 2007-2011
Global Food and Beverage Ingredients Market Volume Forecast, 2010-2014F
List of Tables
Types of Food Ingredients
Comparison of Various Types of Caloric Sweeteners
Sugar and Sweetener Market Size-by Segments, 2010E
Comparison of Major Artificial High Intensity Sweeteners
Potency of Types of Steviol Glycoside from Stevia Plant
Comparison of Stevia with Other Sweeteners
Application of Natural Colors in a Variety of Food Industries and
Applications
Application of Cultures
Competitors Matrix of Food Ingredients and Flavors Market
