DUBLIN, Jan. 20, 2016 /PRNewswire/ -- 

Research and Markets (http://www.researchandmarkets.com/research/dg8q99/specialty_food) has announced the addition of the "Specialty Food Ingredients Market by Ingredient & by Application - Global Trends & Forecast to 2020" report to their offering.

The specialty food ingredients market is projected to reach the value of USD 91.2 Billion by 2020, at a CAGR of 5.5% from 2015. The market is driven by the increasing R&D and technological innovations, growing need for convenient foods which quickly suffice the need for the moment, nutritional and tasty foods, and vast emergence of end product applications.

The functional foods have increased in demand due to the growing health concerns and consumer awareness, due to which the market for prebiotics, probiotics, minerals, and proteins have been elevating. Bakery & confectionary industry provides wide range of options and concepts which require the high amount of specialty food ingredients such as hydrocolloids, emulsifiers, flavors, cultures etc. beverages is also one of the dominant and fast growing applications for acidulants, colors, and cultures. The growing brewery industry and the occurrence of high complexity of procedures increase the demand for enzymes and starter cultures.

North America dominates the global specialty food ingredients market. North America is completely driven by the U.S. market, especially in enzymes, preservatives, specialty starches and sugar substitutes. The specialty food ingredients market has been greatly influenced by the food and beverage processing market. It is driven by the changing consumer preferences & trends and R&D. Consumers in U.S. are inclining towards nutritious ingredients in their food products. The growing obesity and diabetes incidences compel the consumers in emerging and developed economies to focus on an improved lifestyle.

The raw material availability due to the seasonal fluctuations, infrastructure, especially in the Asia-Pacific countries, and other technological barriers due to the lack of knowledge in adopting the technology act as hindrances for the specialty ingredients market. Also poor supply chain is witnessed among the channel members right from the farm level, suppliers, and manufacturers to the consumer level, which shows unforeseeable margins among the stakeholders. However, the strong need for the premium characteristics of specialty ingredients continually finds its need in various food applications and with the increase in growing technology, there is an immense demand for the specialty food ingredients market in the food industry.

The key market players of specialty food ingredients profiled in the report are Archer Daniel Midland (U.S.), Royal DSM N.V. (The Netherlands), Kerry Groups (Irelands), Cargill Inc. (U.S.), E. I. DuPont de Nemours and Company (U.S.), Givaudan Flavors (Switzerland), Sensient Technologies (U.S.), CHR. Hansen (Denmark), Ingredion Incorporated (U.S.), and Tate & Lyle PLC (U.K.).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Acidulants Market

8 Colors Market

9 Flavors Market

10 Enzymes Market

11 Emulsifiers Market

12 F&B Starter Cultures Market

13 Food Preservatives Market

14 Functional Food Ingredients Market

15 Specialty Starch Market

16 Sugar Substitutes Market

17 Competitive Landscape

18 Company Profiles

- Archer Daniels Midland Co. - CHR. Hansen Holding A/S - Cargill Inc. - E.I. Du Pont De Nemours and Company - Givaudan - Ingredion Incorporated - Kerry Group PLC - Royal DSM N.V. - Sensient Technologies Corporation - Tate & Lyle

For more information visit http://www.researchandmarkets.com/research/dg8q99/specialty_food

Media Contact:

Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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SOURCE Research and Markets