The North America Food Texture Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030).
The area of food industry that focuses on the texture of food products is referred to as the food texture market. Texture, which includes numerous sensory qualities like a product's feel, consistency, and mouthfeel, is vital to how they perceive and appreciate food. The physical characteristics and sensations associated with eating are called food texture. It includes how food tastes and feels in the mouth and the feelings it causes when chewed and swallowed. The texture is essential to fully appreciate and experience food on a sensory level.
Consumer preferences are predicted to change, fuelling the market. The growing need for food textures is a result of shifting customer preferences. As customers become more sophisticated and seek out unique, pleasant, and individualized dining experiences, their preferences for specific textures in food products shift.
The need for fresh texture-enhancing services and products rises as a result. Customers choose items that have interesting and novel textures. They want a range of sensations and mouthfeels that go beyond traditional textures. Food producers must develop and advertise novel products with distinctive textures to satisfy these shifting consumer preferences.
American consumers consumed 667 pounds on average of dairy products with milkfat in 2021. The consumption of yogurt also climbed at the quickest pace in the past ten years. Similarly, yogurt consumption has gradually climbed in Canada over the past ten years and increased by 43.7% between 2007 and 2016, from 7.66 to 11.01 liters per person. This is especially evident among consumers with high incomes. Due to these aspects, the market is estimated to grow significantly in the region.
The US market dominated the North America Food Texture Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,103.3 million by 2030. The Canada market is experiencing a CAGR of 7.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.2% during (2023 - 2030).
Based on Application, the market is segmented into Dairy Products & Ice Creams, Confectionery, Jams, Layers, Fillings, Bakery, Ready Meals, Beverage, Meat Products and Sauces & Others. Based on Product, the market is segmented into Natural and Synthetic. Based on Type, the market is segmented into Cellulose Derivatives, Gums, Inulin, Gelatins, Starch, Dextrins and Pectins & Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Food Texture Market is Projected to reach USD 20.5 Billion by 2030, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke DSM N.V., Archer Daniels Midland Company, Desosen Biochemical (Ordos) Ltd., Ingredion Incorporated, Kerry Group PLC, Jungbunzlauer Suisse AG, CP Kelco, Cargill, Incorporated, DuPont de Nemours, Inc. and Euroduna Food Ingredients GmbH
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