, /PRNewswire/ -- The global size is estimated to grow by billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.94% during the forecast period.
For more insights on the forecast market size and historic data (2018 - 2022) - The global specialty food ingredients market is experiencing significant growth due to the increasing consumer preference for natural and healthy food options. This trend is driven by the rising awareness of food safety and the potential health benefits of natural nutraceutical ingredients. Vendors in the food processing industry are responding to this demand by incorporating natural ingredients into their products.
Nutraceutical ingredients, such as vitamins, minerals, and antioxidants, offer numerous health benefits and are used in various food and beverage products, including functional foods, sports drinks, and nutritional supplements. Market leaders like Koninklijke DSM NV provide a range of natural nutraceutical ingredients, such as OatWell and Fabuless, which can be used in various food and beverage applications. This growing demand for natural nutraceutical ingredients is expected to continue driving market growth during the forecast period.
The Specialty Food Ingredients market is experiencing significant growth, with a focus on natural and functional ingredients. Sources include fruits, vegetables, and herbs. Natural sweeteners like Stevia and functional ingredients such as Probiotics and Prebiotics a.
