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Food Texture Market Trends

  • Report ID: GMI8608
  • Published Date: Mar 2024
  • Report Format: PDF

Food Texture Market Trends

In the dynamic landscape of the food texture industry, several notable trends are shaping industry dynamics. Firstly, there's a growing emphasis on clean label and natural ingredients, driven by increasing consumer awareness of health and wellness. Consumers are seeking food products with transparent ingredient lists, free from artificial additives and preservatives, thereby driving demand for texture modifiers derived from natural sources such as plant-based proteins, starches, and fibers.
 

Additionally, there's a rising interest in plant-based and alternative protein sources, fueled by environmental concerns, ethical considerations, and dietary preferences. This trend is driving innovation in texture-modifying ingredients sourced from plant proteins like soy, pea, and rice, offering sustainable and versatile options for achieving desired textures in various food applications.
 

Secondly, the rise of functional and premium food products is influencing the food texture market. Consumers are increasingly seeking food products that not only provide sensory enjoyment but also offer functional benefits such as improved nutrition, satiety, and digestive health. Texture modifiers are being utilized not only to enhance mouthfeel and palatability but also to deliver functional properties such as enhanced creaminess in dairy alternatives, improved texture in gluten-free products, and better stability in fortified beverages.
 

Moreover, the demand for premium and indulgent food experiences is driving innovation in luxury textures, such as velvety textures in desserts and rich, creamy textures in sauces and spreads, catering to consumers' desire for elevated culinary experiences. These trends underscore the importance of texture as a key driver of consumer preference and purchasing decisions in the evolving market landscape.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of food texture reached USD 14 billion in 2023 and is set to expand at over 5.5% CAGR between 2024 and 2032, owing to the surging consumer demand for convenience and processed foods and rising investments in texture-enhancing ingredients to meet evolving preferences.

North America market accounted for USD 4.8 billion in revenue in 2023, driven by the robust economy, high consumer spending power, and a mature food industry.

Food texture market from the hydrocolloids segment generated USD 3.6 billion in revenue in 2023, owing to the increasing demand for agar and carrageenan due to their versatile applications as thickeners and stabilizers.

Leading firms operating in the industry are Archer Daniels Midland Company, Ashland Global Holdings Inc., BASF SE, Cargill, Incorporated, CP Kelco, DowDuPont Inc., FMC Corporation, Givaudan SA, Ingredion Incorporated, Kerry Group plc, Koninklijke DSM N.V., etc.

Food Texture Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 300
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