DUBLIN, Oct. 12, 2020 /PRNewswire/ — The “Specialty Food Ingredients Market by Type (Acidulant, Colors, Flavors, Enzymes, Emulsifiers, F&B Starter Culture, Preservatives, Functional Food Ingredients, Specialty Starches, Sugar Substitutes), Distribution Channel – Global Forecasts to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global specialty food ingredients market size is estimated to be valued at USD 134.7 billion in 2020 and projected to reach USD 178.3 billion by 2025, recording a CAGR 5.8%.
Factors such as the growing concern of clean label food and healthy consumption is going to drive the market for specialty food ingredients.
By type, the functional food ingredient is projected to dominate the market during the forecast period.
Functional food ingredients are used to enhance certain physiological functions such as improve gastrointestinal health, reduce cholesterol levels, prevent dental caries, and improve bone & and gut health to prevent or cure various diseases. Regular consumption