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Food Texture Market Share

  • Report ID: GMI8608
  • Published Date: Mar 2024
  • Report Format: PDF

Food Texture Market Share

In the realm of global food and ingredient suppliers, several major players wield significant influence, including Archer Daniels Midland Company, Cargill, Incorporated, DowDuPont Inc., Ingredion Incorporated, and Kerry Group plc. These companies boast extensive portfolios spanning various segments of the food industry, from agricultural sourcing and processing to ingredient manufacturing and distribution. Archer Daniels Midland (ADM) and Cargill, for instance, stand as giants in agricultural processing, with operations that encompass grain trading, oilseed processing, and food ingredient production.

DowDuPont, a merger between Dow Chemical and DuPont, commands a diverse portfolio that extends beyond food ingredients to include materials science, chemicals, and agricultural products. Ingredion is a prominent player in the specialty ingredients market, offering a wide range of starches, sweeteners, and nutritional ingredients. Kerry Group specializes in taste and nutrition solutions, providing food and beverage manufacturers with innovative ingredient solutions and flavor systems.

These major market players play pivotal roles in shaping the global food industry landscape through their extensive supply chains, technological innovations, and strategic partnerships. Their reach spans across continents, supplying a vast array of food and ingredient products to consumers worldwide.

With a focus on sustainability, innovation, and meeting evolving consumer preferences, these companies continuously strive to enhance their product offerings, optimize production processes, and maintain their positions as leaders in the competitive food ingredients market. Their contributions to food safety, quality, and innovation not only drive industry growth but also play a vital role in addressing global food security challenges and meeting the diverse needs of consumers in today's dynamic food landscape.

Food Texture Market Companies

Major companies operating in the food texture industry include:

  • Archer Daniels Midland Company
  • Ashland Global Holdings Inc.
  • Cargill, Incorporated
  • CP Kelco
  • DowDuPont Inc.
  • FMC Corporation
  • Givaudan SA
  • Ingredion Incorporated
  • International Flavors & Fragrances Inc.
  • Kerry Group plc
  • Koninklijke DSM N.V.
  • Lonza Group Ltd.
  • PPG Industries, Inc.
  • Sensient Technologies Corporation
  • Symrise AG
  • Tate & Lyle plc
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of food texture reached USD 14 billion in 2023 and is set to expand at over 5.5% CAGR between 2024 and 2032, owing to the surging consumer demand for convenience and processed foods and rising investments in texture-enhancing ingredients to meet evolving preferences.

North America market accounted for USD 4.8 billion in revenue in 2023, driven by the robust economy, high consumer spending power, and a mature food industry.

Food texture market from the hydrocolloids segment generated USD 3.6 billion in revenue in 2023, owing to the increasing demand for agar and carrageenan due to their versatile applications as thickeners and stabilizers.

Leading firms operating in the industry are Archer Daniels Midland Company, Ashland Global Holdings Inc., BASF SE, Cargill, Incorporated, CP Kelco, DowDuPont Inc., FMC Corporation, Givaudan SA, Ingredion Incorporated, Kerry Group plc, Koninklijke DSM N.V., etc.

Food Texture Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 300
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