The Global Culinary Ingredients Market size is projected to grow at a CAGR of 7.47% from 2021-2028. The market is expected to reach US$ 4,474.4 million by 2028 end due to the rising demand for natural and organic ingredients in food products worldwide.
Culinary Ingredient is a broad term that includes any food substance that can be used for cooking or preparing dishes. These substances may include herbs and spices, oils and fats, preservatives, and colorings among others. Culinary ingredients are usually added to enhance the flavor of a dish while also preserving it from degradation over time. Some products like salt (sodium chloride) have multiple uses in both culinary as well as non-culinary applications such as deicing roads during wintertime periods when temperatures drop below freezing levels. Other types of ingredients such as sugar might only serve culinary purposes since they cannot be consumed directly without causing considerable damage to teeth enamel.
On the basis of Type, the market is segmented into Natural, Synthetic. Natural products are preferred over synthetic ones due to their benefits such as organic nature which is considered more environmentally friendly than synthesized chemicals; purity level also contributes towards the preference for natural products. Global demand for these types of substances is driven mainly by growing awareness about environmental protection among consumers who prefer local or homegrown produce when opting to purchase groceries from a supermarket.
Natural Culinary Ingredients are vegetable or animal-derived products such as spices, herbs, traditional medicines, and extracts. They are usually harvested from the earth, grown naturally in fields or forested areas without using any chemical fertilizers. The high demand for natural ingredients is mainly due to their use of non-GMOs and sustainable farming practices that help maintain biodiversity which not only protects ecosystems but also human health.
Fruit and vegetables are typically produced by harvesting them from their original environment without any additives (such as synthetic fertilizers). Besides being grown organically, they can sometimes be free-range animals raised outdoors on pasture land; this type of farming ensures an animal's diet remains organic because it
Synthetic culinary ingredients are created to look like natural food products. They often contain artificial colors and flavors, but may also be a chemical mix with substances that imitate the taste of other foods or drinks. The main purpose is to make cheap substitutes for more expensive products with higher quality. Synthetic cooking oils might include soybean oil mixed with other vegetable fats, such as palm kernel oil in order to lower production costs.
On the basis of Application, the market is segmented into Modern Trade, Specialty Stores, Convenience Stores, and Traditional Grocery Stores. Culinary ingredients are used in different types of trade such as modern trade, specialty stores, and convenience stores. These three channels represent a significant portion of the global culinary ingredient market due to their widespread availability. Together they account for almost 70% of the total revenue generated from this industry. Modern Trade is anticipated to lead with an estimated value share exceeding 40%. This shows that there has been a steady increase in demand for these products over the last few years which will continue into 2028.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The North American market is expected to grow significantly owing to the rising demand for healthier food products such as vegan dishes which require ingredients like seaweed extract and chia seeds amongst others that are used in plant-based foods recipes. The region has also witnessed an increased focus on improved product quality from manufacturers along with faster-moving fashion trends due to which modern trade channels have seen steady growth in this industry over the last few years.
The European market is expected to grow steadily over the forecast period owing to a rise in demand for meat products that require ingredients like wheat gluten, soy protein, and yeast extract. The Asia Pacific market is also projected to show steady growth from 2021-2028 on account of a growing number of consumers shifting towards healthy eating habits such as vegetarianism which has led manufacturers across the region to focus more on new product development with healthier ingredients including natural extracts. The Middle East & Africa will see their share increase significantly in this industry due to factors such as increased disposable incomes and the proliferation of online grocery stores within countries that do not have modern trade channels, especially Morocco where traditional grocers still dominate most retailing activities.
Up Market Research published a new report titled “Culinary Ingredients Market research report which is segmented by Types (Natural, Synthetic), By Applications (Modern Trade, Specialty Stores, Convenience Stores, Traditional Grocery Stores, Online store, Other Distribution Channels), By Players/Companies Archer Daniels Midland, Bunge, Cargill, DSM, Olam International, McCormick, Associated British Food(ABF), Tate & Lyle, Givaudan, Ingredion, Kerry, Lallemand, Lesaffre, Frieslandcampina, Fonterra, Arla Foods, Glanbia, Kanegrade, Hansen Holding, Angel Yeast”.
|Report Attributes||Report Details|
|Report Title||Culinary Ingredients Market Research Report|
|By Type||Natural, Synthetic|
|By Application||Modern Trade, Specialty Stores, Convenience Stores, Traditional Grocery Stores, Online store, Other Distribution Channels|
|By Companies||Archer Daniels Midland, Bunge, Cargill, DSM, Olam International, McCormick, Associated British Food(ABF), Tate & Lyle, Givaudan, Ingredion, Kerry, Lallemand, Lesaffre, Frieslandcampina, Fonterra, Arla Foods, Glanbia, Kanegrade, Hansen Holding, Angel Yeast|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||235|
|Number of Tables & Figures||165|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Natural, Synthetic and By Application Modern Trade, Specialty Stores, Convenience Stores, Traditional Grocery Stores, Online store, Other Distribution Channels.
Some of the companies that are profiled in this report are:
Culinary Ingredients Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Culinary Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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