SPECIALTY FOOD INGREDIENTS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Rising incidences of food allergies and intolerance. According to medical research, certain food items tend to trigger adverse reactions in some individuals. This has boosted the need for developing allergen-free, gluten-free and non-GMO specialty food ingredients. Food companies have enhanced their product lineup with carefully selected ingredients that either replace or eliminate common allergens. This allows those with allergies or sensitivities to certain ingredients to have more options without compromising on taste or nutrition. Specialty food ingredients offering options like peanut-free, dairy-free, soy-free, egg-free are gaining widespread acceptance. Some examples include rice, nut or legume flours that substitute wheat flour.

• Naturex
• Givaudan
• Eli Fried Inc.
• KF Specialty Ingredients
• Ingredion
• Associated British Foods Plc
• Kerry Group
• Agropur Cooperative
• Ashland Inc
• Archer Daniels Midland Company
• Cargill Inc.
• Wild Flavors GmbH
• DSM
• Diana Group SA