HOME › Research Insight › Market Leader: taste trends and responsive development of new flavor profiles are driving the manufacturers to innovate in the Food Inclusions Market

The global food inclusions market is projected to reach USD 15.78 billion by 2023, at a CAGR of 8.0% from 2018. The food inclusions market includes players such as Cargill (US), ADM (US), Barry Callebaut (Switzerland), Kerry (Ireland), Tate & Lyle (UK), AGRANA (Austria), Sensient Technologies (US), Puratos Group (Belgium), SensoryEffects (US), Taura Natural Ingredients (New Zealand), Georgia Nut Company (US), Inclusion Technologies (US), Nimbus Foods (UK), IBK Tropic (Spain), TruFoodMfg (US), FoodFlo International (New Zealand), and Confection by Design (UK).

Food inclusions are increasingly becoming an integral part of food & beverage products; these inclusions are known to improve the aesthetics and organoleptic & sensory properties of food products, resulting in an enhanced appeal. Owing to the growing industrial demand, various types of inclusions have been introduced by market players in different forms and characteristics that cater to and comply with end-consumer demand in terms of flavor, texture, and allergen & health concerns, among others. The types of inclusions that are considered in this report are chocolate, fruit & nut, flavored sugar & caramel, confectionery, and others, including biscuit, cookie, color, and bean- & plant-based inclusions.

Key players such as Cargill (US), Tate & Lyle (UK), Kerry (Ireland), ADM (US), Barry Callebaut (Switzerland), AGRANA (Austria), Sensient Technologies (US), Inclusion Technologies (US), Georgia Nut Company (US), Taura Natural Ingredients (New Zealand), and Nimbus Foods (UK) adopted expansions & investments, acquisitions, new product launches, and joint ventures & partnerships with other players to strengthen their business, explore new & untapped markets, expand in local areas of emerging markets, and develop a new customer base for long-term client relationships.

To know about the assumptions considered for the study download the pdf brochure

Cargill (US)

Cargill produces and markets food, agricultural, financial, and industrial products and services. The company’s key business segments include animal nutrition & protein, food ingredients & applications, origination & processing, and industrial & financial services. It offers numerous functional food ingredients and starch derivatives, mainly to the food & beverage and personal care industries. The company also offers nutrition expertise and feeding solutions to optimize animal production operations. It offers a range of food inclusion products through its cocoa and chocolate product segment for frozen desserts and bakery applications. Its core competencies include supply chain management, risk management, and R&D activities.

Cargill focuses on establishing itself as a leading supplier in the global food inclusions market through various organic and inorganic strategies. By expanding its geographical presence, the company is focusing on enhancing its base in the food segment. For instance, in June 2018, Cargill invested in the liquid chocolate production line of the Mouscron production facility (Belgium). This would enhance the company's production capacity for milk and dark chocolate to meet the consumer demand for high-quality chocolate products and related ingredients.

Barry Callebaut (Switzerland)

Barry Callebaut is primarily engaged in the production and marketing of chocolate and cocoa products. The company operates in three business segments, namely, food manufacturers, cocoa products, and gourmet & specialties. The company offers a wide range of solutions for food manufacturers, such as sprinkles, inclusions, and decorations. The inclusions offered by the company can be broadly divided into chocolate, sugar, cereal, cookie, and fruit inclusions.

The company has a broad product portfolio for inclusion products and serves various application industries, such as bakery, dairy, confectionery, and frozen desserts. The company focuses on expanding its operations globally and has set up its production sites in Europe, Africa, North & South America, and Asia Pacific. For instance, in August 2017, Barry Callebaut set up its BC Studio, an innovation center in Bandung (Indonesia) to cater to the growing needs of food manufacturers and their markets in the Asia Pacific region.

Related Reports:

Food Inclusions Market by Type (Chocolate, Fruit & Nut, Cereal, Flavored Sugar & Caramel, Confectionery), Application (Cereal, Snacks, and Bars, Bakery, Dairy & Frozen Desserts, Chocolate & Confectionery), Form, Flavor, and Region - Global Forecast to 2023

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com