Report Description
The Brazil food ingredient market size was USD 22.14 Billion in 2022 and is likely to reach USD 24.61 Billion by 2031, expanding at a CAGR of 1.18% during 2023–2031.The growth of the market is attributed to the rising population, rapid urbanization, and growing desire for natural food colorants.
Food ingredients are elements that are added to food during manufacturing, packaging, or storage for functional or technical reasons. Maintaining texture, increasing freshness and safety, retaining nutritional content, and enhancing appearance or color are among reasons for adding food additives. Plant extracts, microbes, and chemicals are used to make food ingredients. Ingredients, which are found between raw materials and completed items, are used in the food and beverage business for a variety of purposes, including product development and consumer health.
Food ingredients make a difference. Improve product flavor, texture, and appearance while increasing shelf life and nutritious content. Food ingredients are the basic components of food products and are designed to give certain benefits to the final product. They have a wide range of applications in product development and consumer health enhancement in a number of industries. Ingredients improve a product's flavor, texture, and appearance while also improving its shelf life and nutritional value.
The Covid-19 pandemic affected the demand and supply of Brazil food ingredient market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
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Growing desire for natural food colorants is projected to fuel the market during the forecast period.
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Rising population and rapid urbanization are key factors propelling the market in the coming years.
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Stringent regulations of government are estimated to hamper the market growth.
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Lack of awareness act as major challenges that can restrict the market in the coming years.
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R&D investment and technological advancement is anticipated to create lucrative opportunities for the market players.
Scope of the Report
The report on the Brazil food ingredient market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Brazil Food Ingredient Market - 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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Type (Functional Food Ingredients, Starch & Sweetener, Flavors & Colorants, Acidulants & Emulsifiers, Preservatives, Enzymes, Edible Oil & Fats, and Others), Application (Bakery Products, Beverages, Meat, Poultry, and Seafood, Dairy Products, Confectionery)
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Geographical Scope
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Brazil
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Olam International; Cargill Inc.; KONINKLIJKE DSM NV; AAK AB; and Kerry
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Market Segment Insights
The acidulants & emulsifiers segment is projected to represent a major market share
Based on type, the Brazil food ingredient market is divided into functional food ingredients, starch & sweetener, flavors & colorants, acidulants & emulsifiers, preservatives, enzymes, edible oil & fats, and others. The acidulants & emulsifiers segment is expected to represent a key share of the market during the forecast period. Emulsifiers are used for blending purposes, such as altering oil crystals and avoiding water spattering, as well as to improve the look. Bread, ice cream, minced fish items, and tofu all include emulsifiers.
Chemical substances that give meals a tart, sour, or acidic flavor are known as acidulants. Acidity regulators, on the other hand, are food additives that affect the stability of food or enzymes inside it. Phosphoric acid is found in several drinks, including colas. Food emulsifiers increase the volume and shelf life of foods while also improving their appearance. Emulsifiers are also one of the food additives that are rapidly replacing many other additives in food products in order to reduce overall fat content. Food manufacturers are increasingly using emulsifiers to help reduce bad cholesterol in foods, which is expanding their use in processed foods. A number of food and beverage companies are currently releasing new products with various emulsifier blends to meet client needs.
The bakery products segment is expected to grow at a rapid pace
On the basis of application, the Brazil food ingredient market is segregated into bakery products, beverages, meat, poultry, and seafood, dairy products, and confectionery. The bakery products segment is expected to represent a key share of the market during the forecast period. Bakery additives are food components that help baked products keep freshness, softness, and flavor, extend shelf life, and boost protein content. These products may be found in a variety of forms in the market and are regarded to be the most fundamental food for human nourishment. The flavor and texture of baked foods are determined by the ingredients and compositions used. Demand for goods like as bread and biscuits is rising rapidly, and these products are expected to create attractive growth prospects for the ingredients market throughout the forecast period.
Segments
Type
- Functional Food Ingredients
- Starch & Sweetener
- Flavors & Colorants
- Acidulants & Emulsifiers
- Preservatives
- Enzymes
- Edible Oil & Fats
- Others
Application
- Bakery Products
- Beverages
- Meat
- Poultry
- Seafood
- Dairy Products
- Confectionery
Key Players
- Olam International
- Cargill Inc.
- KONINKLIJKE DSM NV
- AAK AB
- Kerry
Competitive Landscape
Key players competing in the Brazil food ingredient market include Olam International, Cargill Inc., KONINKLIJKE DSM NV, AAK AB, and Kerry.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Ingredient Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Ingredient Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Ingredient Market - Supply Chain
4.5. Global Food Ingredient Market Forecast
4.5.1. Food Ingredient Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Ingredient Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Food Ingredient Market Absolute $ Opportunity
5. Global Food Ingredient Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Food Ingredient Market Size and Volume Forecast by Types
5.3.1. Functional Food Ingredients
5.3.2.
Starch & Sweetener
5.3.3.
Flavors & Colorants
5.3.4.
Acidulants & Emulsifiers
5.3.5.
Preservatives
5.3.6.
Enzymes
5.3.7.
Edible Oil & Fats
5.3.8.
Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Ingredient Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Food Ingredient Market Size and Volume Forecast by Applications
6.3.1. Bakery Products
6.3.2.
Beverages
6.3.3.
Meat
6.3.4.
Poultry
6.3.5.
Seafood
6.3.6.
Dairy Products
6.3.7.
Confectionery
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Food Ingredient Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Food Ingredient Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Food Ingredient Demand Share Forecast, 2019-2026
8. North America Food Ingredient Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Food Ingredient Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Food Ingredient Market Size and Volume Forecast by Types
8.4.1. Functional Food Ingredients
8.4.2.
Starch & Sweetener
8.4.3.
Flavors & Colorants
8.4.4.
Acidulants & Emulsifiers
8.4.5.
Preservatives
8.4.6.
Enzymes
8.4.7.
Edible Oil & Fats
8.4.8.
Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Food Ingredient Market Size and Volume Forecast by Applications
8.7.1. Bakery Products
8.7.2.
Beverages
8.7.3.
Meat
8.7.4.
Poultry
8.7.5.
Seafood
8.7.6.
Dairy Products
8.7.7.
Confectionery
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Food Ingredient Demand Share Forecast, 2019-2026
9. Latin America Food Ingredient Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Food Ingredient Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Food Ingredient Market Size and Volume Forecast by Types
9.4.1. Functional Food Ingredients
9.4.2.
Starch & Sweetener
9.4.3.
Flavors & Colorants
9.4.4.
Acidulants & Emulsifiers
9.4.5.
Preservatives
9.4.6.
Enzymes
9.4.7.
Edible Oil & Fats
9.4.8.
Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Food Ingredient Market Size and Volume Forecast by Applications
9.7.1. Bakery Products
9.7.2.
Beverages
9.7.3.
Meat
9.7.4.
Poultry
9.7.5.
Seafood
9.7.6.
Dairy Products
9.7.7.
Confectionery
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Food Ingredient Demand Share Forecast, 2019-2026
10. Europe Food Ingredient Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Food Ingredient Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Food Ingredient Market Size and Volume Forecast by Types
10.4.1. Functional Food Ingredients
10.4.2.
Starch & Sweetener
10.4.3.
Flavors & Colorants
10.4.4.
Acidulants & Emulsifiers
10.4.5.
Preservatives
10.4.6.
Enzymes
10.4.7.
Edible Oil & Fats
10.4.8.
Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Food Ingredient Market Size and Volume Forecast by Applications
10.7.1. Bakery Products
10.7.2.
Beverages
10.7.3.
Meat
10.7.4.
Poultry
10.7.5.
Seafood
10.7.6.
Dairy Products
10.7.7.
Confectionery
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Food Ingredient Demand Share Forecast, 2019-2026
11. Asia Pacific Food Ingredient Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Food Ingredient Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Food Ingredient Market Size and Volume Forecast by Types
11.4.1. Functional Food Ingredients
11.4.2.
Starch & Sweetener
11.4.3.
Flavors & Colorants
11.4.4.
Acidulants & Emulsifiers
11.4.5.
Preservatives
11.4.6.
Enzymes
11.4.7.
Edible Oil & Fats
11.4.8.
Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Food Ingredient Market Size and Volume Forecast by Applications
11.7.1. Bakery Products
11.7.2.
Beverages
11.7.3.
Meat
11.7.4.
Poultry
11.7.5.
Seafood
11.7.6.
Dairy Products
11.7.7.
Confectionery
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Food Ingredient Demand Share Forecast, 2019-2026
12. Middle East & Africa Food Ingredient Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Food Ingredient Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Food Ingredient Market Size and Volume Forecast by Types
12.4.1. Functional Food Ingredients
12.4.2.
Starch & Sweetener
12.4.3.
Flavors & Colorants
12.4.4.
Acidulants & Emulsifiers
12.4.5.
Preservatives
12.4.6.
Enzymes
12.4.7.
Edible Oil & Fats
12.4.8.
Others
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Food Ingredient Market Size and Volume Forecast by Applications
12.7.1. Bakery Products
12.7.2.
Beverages
12.7.3.
Meat
12.7.4.
Poultry
12.7.5.
Seafood
12.7.6.
Dairy Products
12.7.7.
Confectionery
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Food Ingredient Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Food Ingredient Market: Market Share Analysis
13.2. Food Ingredient Distributors and Customers
13.3. Food Ingredient Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Olam International
13.4.2.
Cargill Inc.
13.4.3.
KONINKLIJKE DSM NV
13.4.4.
AAK AB
13.4.5.
Kerry