The Global Food Bulking Agents Market size was valued at USD 3.6 Billion in 2022 and is expected to surpass USD 6.13 Billion by 2031, expanding at a CAGR of 6.1% during the forecast period, 2023–2031. Food bulking agents are non-nutritive ingredients that increase the size of food products without impacting the its taste and keeping its effectiveness and functionality undamaged.
Guar gum, starch, and psyllium husk are some commonly used bulking agents. Glycerin, beta, carnuba wax, glucan, maltitlol, polydextrose, and pectin are utilized as food bulking agents. They are widely used in low calorie foods, cereals meal replacements, and mainly processed foods.
Food bulking agents causes substantial raise in the volume of food but there may not be an important contribution to energy available in the food. Bulking agents is also used in processed meat along with dairy products and pet foods such as desserts, chocolate and ice cream. As they are used to increase the bulk of food, they are also specially used for reduction of food weight.
Market Trends, Drivers, Restraints, and Opportunities:
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Increasing importance on fat content, health, and calorie control, food product designers require bulking agents that may fulfill the requirements of the consumers, which helps to drive the market growth.
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High manufacturing cost of the food bulking agents can restrain the market growth.
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Harmful impacts of bulking agents to the body can create challenges for the market growth.
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Rising health conscious among consumers is anticipated to create lucrative opportunities during the forecast period.
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Increasing investment in innovation of food products is expected t create lucrative opportunities in the projected timeline.
Scope of Food Bulking Agents Market Report
The report on global food bulking agents market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes
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Details
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Report Title
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Food Bulking Agents Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016 & 2021
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Forecast Period
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2023–2031
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Segmentation
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Products (Flavors and Enhancers, Antioxidants, Anti caking Agents, Emulsifiers, Acids, Sweeteners, Stabilizers, Humectants, and Others), Applications (Confectionary, Hotels, Homes, Snacks, Bakery, Dairy and Frozen Products, Meat, Poultry and Seafood Products, Beverages, and Others)
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Regional Scope
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Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
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Key Players Covered
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Sayona Colors, Ningbo Pangs Chem, Sumimoto Technology, Zhengzhou Natural Chemical, Acroyali, Adhya Biotech, Flavors and Enhancers, BASF, Danisco, Archer Daniels Midland, Associated British Foods, DSM, Ajinomoto, Eastman Chemicals, Givaudan
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Food Bulking Agents Market Segment Insights
Flavors and enhancers segment is projected to hold a significant market share
In the terms of product types, the market can be divided into flavors and enhancers, antioxidants, anticaking agents, emulsifiers, acids, sweeteners, stabilizers, humectants, and others. The flavors and enhancers to hold a significant market share as they are easily available and they also help in maintaining the effectiveness of the food to a greater extent.
On the other hand, the stabilizers segment is expected to grow at a steady pace in the coming years. Rising demand for stabilizers in processed foods is anticipated to fuel the segment growth.
Hotels segment to hold substantial market share
On the basis of applications, the global food bulking agent market can be segregated into confectionary, hotels, homes, snacks, bakery, dairy and frozen products, meat, poultry and seafood products, beverages, and others.
Hotels segment to dominate the market owing to increasing use of additives in hotels, as consumers are increasingly demanding for less fat and low calories food products. However, the bakery segment is expected to grow at a substantial rate due to growing preference for bakery products in emerging economies.
Asia Pacific is expected to grow at a significant rate during the forecasted period
Based on regions, the global food bulking agent market can be fragmented into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific to lead the global market owing to rising food demand, which is due to increasing population in emerging economies such as India and China. Moreover, the presence of numerous players in the region is anticipated to drive the market growth in the region.
Europe is expected to hold a considerable market share in the coming years. Rising inclination toward fitness activities is driving the adoption of food bulking agents. Moreover, the rapid innovation in the food & beverage industry is propelling the market growth in the region.
Segments
By Products
- Flavors and Enhancers
- Antioxidants
- Anticaking Agents
- Emulsifiers
- Acids
- Sweeteners
- Stabilizers
- Humectants
- Others
By Applications
- Confectionary
- Hotels
- Homes
- Snacks
- Bakery
- Dairy and frozen products
- Meat
- poultry and seafood products
- Beverages
- Others
By Regions
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
By Key Players
- Sayona Colors
- Ningbo Pangs Chem
- Sumimoto Technology
- Zhengzhou Natural Chemical
- Acroyali
- Adhya Biotech
- Flavors and Enhancers
- BASF
- Danisco
- Archer Daniels Midland
- Associated British Foods
- DSM
- Ajinomoto
- Eastman Chemicals
- Givaudan
Competitive Landscape
Key players in the global food bulking agent market include Sayona Colors, Ningbo Pangs Chem, Sumimoto Technology, Zhengzhou Natural Chemical, Acroyali, Adhya Biotech, Flavors and Enhancers, BASF, Danisco, Archer Daniels Midland, Associated British Foods, DSM, Ajinomoto, Eastman Chemicals, Givaudan.
These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
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