Global Food Humectants Market is expected to register a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to rising need of plant protein amid rising amount of health concerns and veganism worldwide.
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Humectants are generally used in food & beverages industry and its market is increasing in accordance with the latest advancement in the bakery & confectionery products, and nutritional and functional food & beverage industry. Whereas the consumption of humectants is highly demand in the segment of food & beverage, animal feed, cosmetics & personal care products and pharmaceutical industries.
Key Developments in the Market:
- In May 2018, Galactic a key player in food humectants developed the predictive modelling tool for food preservation which will allows manufacturers to prevent potential future risks with a minimum involvement of their R&D resources, while cutting consistent expenses and buying more time for market placement.
- In November 2018, Cargill consolidates food ingredients distribution network in U.S and Canada to six channel partners.
- Increasing consumption of bakery food products with better shelf life
- Growing consumer preference for sugarless and low calorie foods
Global Food Humectants Market Key Competitors:
Few of the major competitors currently working in the food humectants market are:-
- Archer Daniels Midland Company,
- The Dow Chemical Company,
- Brenntag Pte. Ltd.,
Acme-Hardesty Company.., GALACTIC, Roquette Frères, Barentz, Corbion N.V., WINWAY , Akash Purochem Private Limited, ICL, The Ransdal Corporation, Aditya Birla Chemicals, and Ashland.
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Global Food Humectants Market, By Source (Natural, Synthetic), Product Type (Sugar Alcohol, Phosphate, Glycol, Glycerol, Lactate, Others), Application (Bakery Products, Beverages, Functional & Nutritional Foods, Confectionery Products, Dairy Products, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Table of Contents
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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