Malt is generally a process of transforming cereal grains such as wheat and barley into malt which can be utilized in brewing, distilling as well as in manufacturing of food. Malt ingredients are basically utilized by food companies as an additive which adds color and flavors to final product as well as enhances the texture of food and beverages.
Bakery Ingredients Market is Expected to Grow at 5.8% by 2033. Bakery industry is one of the rapidly growing segments all across the globe. Changing food habits in urban areas, due to changing lifestyle and enhanced standard of living has resulted in robust growth of bakery industry all over the world.
Cysteine is a semi-essential, sulfur-containing amino acid important for protein synthesis, detoxification, and diverse metabolic functions within the body. It is characterized by its thiol group, which plays a critical role in enzymatic reactions and the maintenance of protein structure through the formation of disulfide bonds. Commercially, cysteine is available in various forms, including L-cysteine, which is the biologically active form used in supplements and as a food additive. It is used in the pharmaceutical industry to manufacture anti-inflammatory drugs and other medications, and in the cosmetic industry, it is utilized for its antioxidative properties to promote skin health and hair care. The global cysteine market is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.7%.
Natural sweeteners refer to sweetening agents derived from natural sources without artificial synthesis or chemical alteration. These sweeteners are typically extracted from plants, fruits, and sometimes dairy products, and include options like stevia, honey, maple syrup, agave nectar, and fruit juices/concentrates. They are used as alternatives to artificial sweeteners and refined sugars, appealing to consumers seeking healthier, less processed food options. Natural sweeteners often provide additional health benefits such as vitamins, minerals, and antioxidants, depending on their source. The natural sweeteners market is experiencing robust growth, projected to expand at a CAGR of 8.3% over the forecast period.
Rice syrup is a natural sweetener derived from rice grains through the enzymatic breakdown of starches into simpler sugars, primarily maltose. It is often used as an alternative to traditional sweeteners such as cane sugar and honey, especially in products targeting health-conscious consumers. Rice syrup is typically light golden to amber in color and has a mild, buttery flavor, making it suitable for a variety of culinary applications including baking, cooking, and in beverages. Its popularity is partly due to its being hypoallergenic and easily digestible, and it serves as a vegan and gluten-free sweetener option. The rice syrup market is projected to grow at a modest CAGR of 3.5% over the forecast period. This growth is driven by increasing consumer preference for natural and organic food products, coupled with the rising awareness of health issues associated with synthetic sweeteners.
In 2021, the global market for food ingredients is projected to reach US $465 billion by 2030, rising at a compound annual growth rate (CAGR) of 6% between 2023 and 2030. Corn, soy, sugar, and wheat are the crops that account for the greatest proportion of the world's total agricultural exports. In the creation of packaged goods, food components such as sweeteners, emulsifiers, thickeners, and stabilizers are utilized extensively throughout the processed food and beverage industry. Sugar solutions produce a high osmotic pressure, which is what gives them their flavor, texture, and viscosity. Moreover, sugar is a preservative because of this property. On the other hand, the population of the globe is growing at an increasing rate over time, and the amount of labor that individuals have to do is increasing, which drives them to seek out foods that have been processed and packaged to save time and satisfy their hunger. Also, throughout history, there has been a rise in the availability of processed foods, which has had an effect on the eating habits of consumers. In 2019-2020, adolescents who were still in school consumed processed foods, as reported by the United Nations Children's Fund (UNICEF). Specifically, 42% of adolescents drank carbonated sugary sodas at least once per day, and 46% ate fast food at least once per week. The ever-increasing need for processed and packaged meals has forced food manufacturers to turn to artificial sweeteners in order to maintain production levels and keep up with consumer demand. The increased demand for and a number of transactions involving processed foods are driving the rise of the food ingredients sector.
It is projected that the demand for natural sources such as carotenoids, curcumin, anthocyanin, and carmine would expand across a number of end-use industries. These end-use industries include food and beverages, bakery and confectionery, dairy products, meat and poultry, and seafood. During the course of the forecast period, it is predicted that this factor would contribute considerably to the expansion of the market. The term "clean label" refers to the trend of using natural colors and flavors in the process of preparing food. In addition, consumers are looking for alternatives to synthetic colors, and their growing preference for natural hues is predicted to fuel demand for clean-label food color components, which will, as a result, contribute to the expansion of the global market. As antioxidants and coloring agents, natural colors protect the body against cellular damage, chronic diseases, and the effects of aging. Natural colors are also free of genetically modified organisms (GMOs), which are known to cause allergic reactions. Ayurvedic medicine makes use of red sandalwood, which, for example, has qualities that promote wound healing and is also used. As a result, an opportunity may present itself in the market for food additives as a result of the growing awareness of the positive effects that natural colorants have on human health. In recent years, there has been a rise in the level of awareness among consumers regarding the utilization of natural colors in the production of food goods. This component gives manufacturers more leeway to focus their R&D efforts on the production of enhanced natural colors that have superior properties, such as pH and heat stability. These colors would otherwise be difficult to produce.
Acute Market Reports has been the trusted provider of market research and consulting services for the food ingredient businesses. We assess the worldwide market by investigating the current state and potential future development of each micro market. To better enable our global customers in making educated business decisions, we have spent over a decade enhancing a data-driven, analytical, and user-friendly approach to adopting an innovative and futuristic research strategy.
