Food Texturizing Agents to Register Consumption of Over US$ 10.5 Billion in 2019- Persistence Market Research - Seite 3

Low-fat and low-sugar products that are constantly enjoying higher adoption in recent past are likely to boost consumption of calorie and sugar replacing texturizing agents, says the report.

Opportunities in Infant Food and Pet Food Are Still Relatively Untapped 

Lucrative opportunities reside in the baby food/infant formula segment, as texturizing agents tend to effectively address the most common baby health issues such as gastro esophageal reflux and dysphagia. The availability of innovative products in the infant formula line points to a heap of untapped opportunities for texturizing agent manufacturers, according to the report.

Texturizing agents maintain their stability during the entire food processing cycle. In addition, texturizing agents enhance the shelf life of products. These two attributes account for superior quality product stabilizations, thus pointing to multiple investment opportunities lying in the canned pet food section, a relatively niche segment.

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Elaborating on the recent happenings that are shaping the competition landscape of food texturizing agents market, the analyst explains, "Earlier this year, Cargill, Incorporated introduced an innovative offering to their Satiagel Seabrid range. The new carrageenan extract is entirely based on cultivated seaweed and is claimed to be an economical and sustainable texturizing alternative especially for dairy manufacturers. With this new product launch, the company intends to expand the existing Seabrid portfolio that has been delivering premium texturizing solutions to manufacturers of creamy dairy desserts". 

Adding to this, "Darling Ingredients Inc. also launched a new gelatin solution - SiMoGel recently. Two new instant starch products have been added to Tate & Lyle PLC's portfolio. The company has introduced these products under the name - Claria," says the analyst. 

North America and APAC Remain Hotspots of Market Growth 

• Growing R&D investments for NPD and a rising trend of strategic deals with leading food ingredients manufacturing companies continue to uplift North America's food texturizing agents market.
• Whereas, the market for food texturizing agents in Asia Pacific is likely to gain a major boost by consistent R&D of region-specific products. Improving distribution network is also presented as a strong factor driving market growth across Asian economies, in the report.
• With a massive incremental opportunity anticipated for next few years, APAC is positioned on the track heading towards 1/4^th share of the total market revenue.

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