- The key vendors in the global food texture market 2015-2019 are Ajinomoto, Archer Daniels Midland, Fiberstar, Fuerst Day Lawson and Lonza Group
London, 16 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global food texture market 2015-2019. Increasing demand for packaged and convenience foods is one of the major trends being observed in this market. Packaged and convenience foods are processed foods with food textures that maintain the quality, flavor, and texture of the food along with increased shelf life. Demand for packaged and convenience food is expected to create higher demand for food emulsifiers. The global food texture market 2015-2019 is expected to grow at a CAGR of 5.06% during the forecast period of 2014-2019.
The global food texture market is expected to grow steadily during the forecast period owing to the increasing addition of food textures to packaged food and beverages. Texturizing agents give numerous advantages in food preparing and enhance the advance of nourishment and attractiveness. With rapid increase in convenience foods consumption, buyer driven interest for processed foods is increasing bakery, confectionery, convenience foods, and dairy products would drive the business sector for texturizing agents globally.
“Consumers perceive natural food textures to be safer and healthier than synthetic food textures or substitutes and are also aware of the health benefits of natural emulsifiers,” says Faisal Ghaus, Vice President of Technavio Research.
“Increasing preference for natural food textures is expected to have a positive influence on their production and consumption, thereby leading to new and innovative products being launched in the market during the forecast period.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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