Global specialty food ingredients market projected to reach $240.9 billion by 2028 with 6% CAGR

From GlobeNewswire: 2025-01-23 20:45:00

The global specialty food ingredients market is set to reach USD 240.9 billion by 2028, with a 6.0% CAGR from 2023. Factors driving growth include consumer demand for healthier and diverse food options. Specialty food ingredients include flavorings, additives, preservatives, colorings, probiotics, prebiotics, antioxidants, and omega-3 fatty acids.

Key market drivers include population growth, globalization of dietary habits, and health and wellness consciousness. The US is expected to lead the market, with a focus on unique flavor profiles and functional food ingredients offering health benefits.

Leading players in the specialty food ingredients industry include ADM, DSM, IFF, Kerry Group, Givaudan, Cargill, Sensient Technologies, Ingredion, Chr. Hansen Holding, Tate & Lyle, and Amano Enzyme.

The specialty food ingredients market is evolving rapidly due to changing consumer preferences and global dietary trends. With a focus on health, convenience, and innovation, the market is projected to continue its growth trajectory in the future.



Read more at GlobeNewswire: The Specialty Food Ingredients Market: A Thriving