Market Trends of Food Texturizers Industry
Growing Demand for Low Calorie Food Products
- Fast-evolving consumer lifestyles have led to many innovations in the food and beverage industry. Consumers look for alternative food products and focus on the ingredient content of the product. Moreover, increasing obesity and cardiovascular disease cases over the last few years have triggered the demand for low-fat content food. Food texturizing agents have the ability to replace calorie-dense fats and oils, thus allowing the formulation of more healthy food. Inproved formulations of food products have also utilized food texturizing agents as "fat mimetics."
- For instance, cellulose derivatives such as microcrystalline cellulose, a type of texturizing agent, are used to prepare low-fat ice creams and dressings. Additionally, in 2022, the National Heart, Lung, and Blood Institute articles stated that over time, when people consume more calories than they burn, they may become overweight or obese.
- When the energy in (calories) does not equal the energy out, this is often referred to as an energy imbalance (calories the body uses for things such as breathing, digesting food, and being physically active). Therefore, demand for naturally derived ingredients in products is rising as the prevalence of diabetes, obesity, high blood pressure, and other chronic conditions rises.
- According to the 2021 Global Health Monitor study, Mexico had 52% of obese people, while 13% of the population in the world was diabetic. Similarly, according to the Health Survey for England report from 2021.25% of men and 26% of women in England were obese. Therefore, the need for low-calorie food additives has significantly high potential in the market globally. Also, during the forecasted period, the market is anticipated to grow as consumers' food preferences will continue to be dominated by health and nutrition considerations.
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North America Dominates the Market
- North America holds the largest market share in the food texture market. It is poised to grow at a steady CAGR over the forecast period. Owing to the increase in innovations in food solutions, demand for ingredients providing textures to food has increased. Texturants while primarily functioning as texturing agents, provide multiple benefits in food processing and improve the appeal of food and palatability. Also, increasing demand for processed foods in bakery, confectionery, convenience foods, and dairy industries drive the food texture market globally.
- Rising demand from various end-user industries in the country, such as processed food, nutraceutical, and consumer goods, is a major factor that is expected to boost the United States food texture ingredients market over the forecast period. In addition, the growing demand for retail foods due to the increasing retail chains in the country may drive the market's growth in the future.
- For instance, in April 2021, according to an Institute of Food Technologists article, the dynamics of the food texturizer industry in the United States have been significantly impacted by consumers' growing preference for organic, vegan, and clean-label food ingredients. Key players are also encouraged by this factor. The article also lists an ingredient's purpose on the label, such as "citric acid for colour retention," "sodium sorbate for shelf stability," or "guar gum for texture," is another approach to create a clearer or healthier label.
- Therefore, factors such as health conciousness, increased consumption of convenience/processed foods and inclination towards clean-label are majorly driving the food texurizers market in this region and encouraging manufacturers to innovate.
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