Food texture refers to the sensory perception of a food item's physical characteristics in the mouth, including how it feels when chewed or manipulated. It is a crucial aspect of the overall eating experience and can significantly influence one's enjoyment of a meal.
At a 5.6% compound annual growth rate, the size of the worldwide food texture market is projected to reach USD 18.8 billion by 2028 from a projected USD 14.3 billion in 2023. This growth is primarily attributed to increasing consumer demand for diverse food experiences and textures. As consumers seek novel taste sensations and unique mouthfeel, food manufacturers are innovating to meet these preferences, thus driving the market's expansion as it responds to evolving consumer trends and demands.
The food texture market is influenced by various factors, reflecting changing consumer preferences, technological advancements, and the overall evolution of the food industry. Some key driving factors include:
Consumer Demand for Novel Experiences: Consumers are increasingly seeking unique and novel food experiences. Food textures play a crucial role in providing diverse and enjoyable sensations, catering to the demand for new and exciting products.
To know more get PDF Copy: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1224
Health and Wellness Trends: As health-conscious consumers focus on making better dietary choices, there is a growing interest in foods that offer not only nutritional benefits but also a satisfying texture. This has led to the development of healthier alternatives with improved textures, such as plant-based and protein-enriched products.
Innovation in Food Processing Technologies: Advances in food processing technologies allow for the manipulation of textures in food products. Techniques such as extrusion, microencapsulation, and 3D printing enable the creation of unique textures, contributing to the development of innovative food items.
Rise of Plant-Based and Alternative Proteins: The increasing popularity of plant-based diets and alternative protein sources has driven the development of plant-based meat substitutes with textures that mimic traditional animal-based products. Companies are investing in research and development to improve the mouthfeel and overall texture of plant-based alternatives.
Texture Modification Ingredients: The market for texture modification ingredients, such as hydrocolloids, emulsifiers, and stabilizers, has expanded. These ingredients help enhance or modify the texture of various food products, contributing to improved mouthfeel, stability, and overall quality.
Ethnic and Global Flavor Trends: As global flavors become more accessible, there is a growing interest in textures associated with diverse cuisines. Unique textures from different cultural cuisines are being incorporated into mainstream food products, reflecting a more diverse and globalized food landscape.
Industry Opportunities: Consumer Shift Towards Artisanal and Aesthetically Pleasing Cuisines
Consumers increasingly seek unique and visually appealing food presentations, especially in the context of fine dining and gourmet foods. Food texture additives can be leveraged to create innovative textures and appearances, enhancing the visual and tactile appeal of dishes. For example, in high-end gastronomy, chefs are exploring the use of texturizers to craft intricate textures that surprise and delight diners. This aligns with the trend of "molecular gastronomy," where texturizers like agar-agar or sodium alginate are employed to create artistic and memorable dining experiences. As more consumers embrace these culinary trends, there is a growing opportunity for food texture additives to play a crucial role in elevating the aesthetics of dishes and attracting discerning consumers seeking unique sensory experiences.
Book a meeting with our experts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1224
Asia Pacific is poised to experience the highest CAGR in the food texture market during the forecast period.
The region's robust economic growth has led to an increase in disposable income, enabling consumers to explore a wider range of food options, including those with diverse textures. The burgeoning food processing industry in the Asia Pacific demands texture-modifying ingredients to meet the diverse tastes and preferences of consumers. Additionally, the region's rich culinary heritage encourages experimentation with food textures, contributing to market growth. Lastly, the growing awareness of health and wellness has prompted consumers to seek out healthier food alternatives, driving the demand for texture-enhancing ingredients in the region's food products.
Significant businesses showcased:
- Ajinomoto Co. Inc. (Japan)
- ADM (US)
- Ashland (US)
- IFF (US)
- Cargill (US)
- Avebe (Netherlands)
- CP kelco (US)
- kerry group (Ireland)
- DSM (Netherlands)
- Ingredion (US)
- Estelle Chemicals Pvt. Ltd. (India)
- Fiberstar Inc. (US)
The global Food Texture Market was valued at USD 11,460.7 million in 2018 and is expected to reach USD 18,837.8 million by the year 2026, at a CAGR of 6.4%.
The sensation of food texture plays a crucial role in influencing consumers’ liking and preference of a food product.
Food textures help in retaining the nutrients and also prevent microorganism’s growth, which results in extended shelf life.
Textures observe full applications in dairy products, ice creams, confectionaries, chocolates, jams, bakery items, sauces, dressings, soups, and beverages.
Cellulose derivatives, starch, gelatin, and algae extracts are usually used as food textures.The report also examines the financial standing of leading companies in detail, which consists of market position, gross profit, overall revenue, sales volume, manufacturing, growth rate, and other vital facts & figures.
It profiles the leading companies in the Food Texture market to derive market positions, and strengths and weaknesses of established competitors and new entrants by utilizing analytical tools like SWOT Analysis and Porter’s Five Forces Analysis.
The study of the “2018 Market Research Report on Global Food Texture Industry” provides the market size information and market trends along with the factors and parameters impacting it in both short and long term.
The report covers a vast expanse of information including an overview, comprehensive analysis, definitions and classifications, applications, and expert opinions, among others.
With the extent of information filled in the report, the presentation and style of the Global Food Texture Market report is a noteworthy.The Global Food Texture Industry report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe.
The Global Food Texture Industry report showcases the latest trends in the global and regional markets on all critical parameters which include technology, supplies, capacity, production, profit, price, and competition.Request a sample of this report @ http://orbisresearch.com/contacts/request-sample/2209168 The key players covered in the report provide a detailed analysis of the competition and their developments in the Global Food Texture Industry.
Accurate forecasts and expert opinion from credible sources, and the recent R development in the industry is also a mainstay of the Food Texture Market report.The report also focuses on the significance of industry chain analysis and all variables, both upstream and downstream.
Other significant information covering consumption, key regions and distributors, and raw material suppliers are also a covered in this report.Finally, the Food Texture Market report ends with a detailed SWOT analysis of the market, investment feasibility and returns, and development trends and forecasts.
The Global FOOD TEXTURE Market is projected to grow at a healthy growth rate from 2018 to 2023 according to new research.
The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
It also presents insights into various restraints that pose threat and highlights opportunities that will help the market pick pace in the forthcoming years.
The report compiles exhaustive information obtained via proven research methodologies and from trusted sources from within the industries.
It also includes expert opinions to provide readers a clearer perspective regarding the global market.
Get FREE Exclusive PDF Sample Copy Of This Report @ https://www.upmarketresearch.com/home/requested_sample/1412 The micro and macroeconomic factors influencing the growth of the market are covered in the detailed study of the FOOD TEXTURE Market Analysis Report published on Up Market Research .
