The report studies the historical data of the Synthetic Food Market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Synthetic Food Market based on the recent technological and research advancements.
The global Synthetic Food Market is expected to reach USD 23.05 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the rapidly changing consumer lifestyle, including eating preferences due to rising urbanization specially throughout the analyzed regions across the globe. Various artificially engineered ingredients offer unique flavors and textures along with good nutrients for a balanced healthy content in the meals. North America has the highest adoption rate in the market. This is due to the growing urbanization, adoption of easy lifestyle from youth to mid-aged population and high disposable income. Moreover, the presence of key players in the region is also boosting market growth.
Legislative amendments by international and regional organizations, including FSSAI, FDA, EFSA, JTAFS, FSANZ and CFIA to encourage product application will supposedly drive synthetic food market growth. The mentioned guidelines effectively permit manufacturers to directly add artificial ingredients as seasonings and indirectly in vinegar and salt.
Visit the link below: https://www.emergenresearch.com/industry-report/synthetic-food-market
North America is the major market share holder throughout the forecast period. North America synthetic food market is anticipated to witness growth over 5.3% up to 2027. Growing demand for ready to eat and processed meals owing to uber busy lifestyle attributed to the regional growth of the market. Simultaneously, rising consumer awareness pertaining to key benefits associated with artificial ingredients including low sugar content is expected to drive the synthetic food market.
The complete regional analysis covers:
- North America (US, Canada, Mexico)
- Europe (UK, Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the global Synthetic Food market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Key participants include Aarkay Food Products, Archer Daniels Midland Company, Flavorchem, Sensient Technologies, FMC, DSM, BASF, Chr. Hansen, Döhler Group among others.
Emergen Research have segmented the global Synthetic Food Market based on product, end-users, distribution channel and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Synthetic Color
- Enzymes
- Hydrocolloids
- Antioxidants
- Flavor and Fragrances
- Fats and Oils
End Users Outlook (Revenue, USD Billion; 2017-2027)
Beverages
Bakery and Confectionery
Dairy and Frozen Products
Animal and Pet Food
Savory and Snacks
Distribution Outlook (Revenue, USD Billion; 2017-2027)
Supermarkets
Conventional Stores
Online
Key Highlights from the Report
- Synthetic food market across urban areas is likely to get benefitted from easier access to consumer base, lower distribution costs, and proximity to diverse technologies without overlooking major IT and waste treatment facilities. These ingredients are precisely added in sausage casings, vegetable dyes, potato skins, inorganic pigments, gelatin desserts and powdered drink mix in order to offer good quality meals. Moreover, better availability of raw materials, improved packaging and equipment as well as the presence of trained manufacturers is anticipated to accelerate synthetic food market expansion.
- With a CAGR of about 6.2%, hydrocolloids is likely to hold the majority share of the market throughout the forecast period. It is an ingredient requirement as an additive enhancing texture, viscosity, stability, and physical appearance of the meals will stimulate product demand, currently on the rise. The most common artificial hydrocolloid comprises carboxymethyl cellulose, guar gum, carrageenan, gelatin, locust bean gum and alginates.
Take a Look at our Related Reports:
Smart Farming Market
https://www.google.al/url?q=https://www.emergenresearch.com/industry-report/smart-farming-market
Patient Engagement Solutions Market
NGS Sample Preparation Market
Synthetic Food Market
https://www.google.al/url?q=https://www.emergenresearch.com/industry-report/synthetic-food-market
5G Networks Market
https://www.google.al/url?q=https://www.emergenresearch.com/industry-report/5g-networks-market
Metastatic urothelial carcinoma Market
mHealth Market
https://www.google.al/url?q=https://www.emergenresearch.com/industry-report/mhealth-market
Diabetic Ketoacidosis Market
Point of Care Testing Market
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
