Food humectants are hygroscopic additives for keeping food products moist. Humectants are able to attract and retain moisture by absorbing water vapor to the food products surface. The most common food humectants used in the food sector are polyols. Polyols belong to the family of very effective humectant compounds with odorless, colorless, and sweet-tasting properties. It is regularly used in many applications as it works as bulking and thickening agents and sugar substitutes for many food products. The most popular polyols are maltitol, xylitol, sorbitol, erythritol, glycerin, and MPG depending on the final application, and local food regulations are used in various applications like bakery, confectionery, dairy, and many others.
MARKET DYNAMICS
The food humectant market has witnessed significant growth owing to factors such as the growing consumption of bakery products with better shelf life and increasing consumer preference for sugarless and low-calorie foods. Moreover, rising disposable income of consumers in developed and developing regions, the consumers are willing to spend more on bakery & confectionery products such as cookies, biscuits along with functional & nutritional foods, fruit & vegetable juices, health supplements, etc. which further influence the demand for food humectants globally. However, stringent regulations for food humectant is projected to hamper the overall growth of the food humectants market.
MARKET SCOPE
The "Global Food Humectants Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food humectants market with detailed market segmentation by source, product type, application and geography. The global food humectants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food humectants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global food humectants market is segmented on the basis of source, product type and application. On the basis of source, the food humectants market is segmented into natural and synthetic. The natural segment is further divided into plant-based and animal-based. Based on product type the market is segmented into sugar alcohol, phosphate, glycol, glycerol, lactate, and others. On the basis of application, the food humectants market is segmented into bakery products, beverages, functional and nutritional foods, confectionery products, dairy products, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food humectants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food humectants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the food humectants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the food humectants market in these regions.
MARKET PLAYERS
The reports cover key developments in the food humectants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from food humectants market are anticipated to lucrative growth opportunities in the future with the rising demand for food humectants in the global market. Below mentioned is the list of few companies engaged in the food humectants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food humectants market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Acme Hardesty Co.
- Archer Daniels Midland
- Ashland Global Holdings Inc.
- BASF SE
- Brenntag AG
- Cargill, Inc.
- Corbion N.V.
- Galactic
- Ingredion Incorporated
- Roquette Fr?res
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