Demand for healthier food is driving the growth if India Natural Food Ingredients Market, FY2017-FY2027.
According to TechSci report on, “India Natural Food Ingredients Market By Type (Proteins, Vitamins, Probiotics, Prebiotics, and Others), By Source (Fruits, Vegetables, Grains & Cereals, Microbial, Animals, Others), By End Use (Health Supplements, Functional Foods, Sports Nutrition, Convenience Foods, Others), By Region, Competition Forecast & Opportunities, FY2027”, India natural food ingredients market has shown promising growth in historical years until FY2020 and is expected to continue its growth in upcoming forecast years FY2023 to FY2027. India Natural food ingredients market owes its growth to the factors like inclination of the population toward convenience food and healthier food. Rise in the demand for the fortified food & beverages products are further expected to drive the growth of the India natural food ingredients market in the upcoming five years.
Due to increased number of lifestyle diseases and rapidly increasing number of the patients suffering from the diseases like obesity, blood pressure, blood sugar disorders, etc. is surging the demand for the natural food ingredient in the food and thus aiding the growth of the India natural food ingredients market in the next five years. Rapid urbanization and globalization are also substantiating the growth of the India natural food ingredient market in the future five years. Also, rising disposable income among the young population and the increased demand for the natural food ingredient in the snacks, and convenience food is further substantiating the growth of the India natural food ingredient market in the future five years.
Natural food ingredients are the elemental and chemical compounds extracted from the natural food sources like fruits, vegetables, cereals, nuts, berries, etc. These ingredients are extracted from their sources through various procedures like solvent extraction, distillation, pressing, and sublimination. Natural methods of extraction without involving excessive use of infused chemicals guarantee the authenticity of the product. Demand for organic food and herbal products is actively driving the natural food ingredients market in the FMCG industry.
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The India natural food ingredient market is segmented into type, source, end use, regional distribution, and competitional landscape. Based on source, the market is further segmented into fruits, vegetables, grains & cereals, microbial, animals, and others. Fruits are the best source of healthy and nourishing ingredients as well as flavored components that are in increased demand, this factor is aiding the growth of the fruit segment in the upcoming five years.
The fruit segment is anticipated to hold the largest revenue shares of the market as well as dominate the market segment on the account of mentioned factors. Also, microbial source is anticipated to register fastest growing CAGR value in the next five years on the account of surging demand for the prebiotic and probiotic products. These products are a combination of live beneficial bacteria and/or yeasts that naturally live in your body. These microbes help with the digestion and maintain the better health of the digestive tract.
India natural food ingredient market has some of the major market players leading the market like, Zydus Wellness Limited, Naturex India Pvt Ltd, Roha Dyechem Private Limited, Camlin Fine Sciences Ltd., ADM Agro Industries India Private Limited, E.I. DuPont India Private Limited, Alvin Caramel Colours (India) Pvt. Ltd., Chr. Hansen Pvt.Ltd., Doehler India Pvt Ltd., Prasan Solutions (India) Pvt Ltd., Kerala Spices Trading Co., Krishna Dairy Products, Ramkripa Agro Foods pvt. Ltd, KTC Products LLP, Azan Food Corp., among others.
Major market players are actively dedicated in the research and development of the advanced products such that the consumer’s demand could be fulfilled. Consistent research ensures the future launches for the better products and services. With rapidly surging demand for the advanced products, the new market entrants would be able to establish their brand and thus their marketplace. Other strategies include collaborations and partnerships with the pre-existing market players or the research institutes such that government funding can be availed for the product development.
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“Natural food ingredients are incorporated into convenience food and snack material. Surge in the demand from the specialty food is also surging the growth of the India natural food ingredient market. Categories aligned with the better-for-you options health & wellness, freshness are growing and substantiating the growth of the India natural food ingredients market in the future five years. Advanced technologies and consistent research over natural food ingredients and their extraction and separation is further aiding the growth of the market. New market players are advised to focus on the research and invest in the research and product development which will aid their brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Natural Food Ingredients Market By Type (Nitrogen Fixing, Phosphate Fixing, Potassium Fixing, Others), By Mode of Application (Soil Treatment, Seed Treatment, Others), By Form (Liquid v/s Carrier-Based), By Crop Type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, Others), By Source (Domestic v/s Import), By Region, Competition Forecast & Opportunities, FY2027” has evaluated the future growth potential of India Natural food ingredients market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Natural food ingredients market.
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