The article cited AMA's Global Food Firming Agents Market Study explored significant growth with CAGR of 8.0%. According to the report, Increasing Consumption of Bakery Products
is one of the primary growth factors for the market. Growing Demand for Canned Food Products and Fruits
is also expected to contribute significantly to the Food Firming Agents market. Overall, Canned Fruits and Vegetables
applications of Food Firming Agents, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMA’s Analyst on the Global Food Firming Agents Market identified that the demand is rising in many different parts of the world due to "Surging Demand for Food Firming Agents from the Commercial food Spaces of the Developing Countries". Furthermore, some recent industry insights like "In December 2023, LOCAL food tech company GoodMorning Global Group Holdings Bhd has launched the country’s first dry mix complete nutrition plant-based meat (PBM). The product comes in powder form and is called “WonderMeat. Kluang MP Wong Shu Qi, who was the guest of honour at the launch in Kuala Lumpur, commended GoodMorning Global for its achievement in food biotechnology." is constantly making the industry dynamic.
The Distribution Channels, such as Online, is boosting the Food Firming Agents market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Food Firming Agents market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders’ insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Food Firming Agents market and other related sub-markets covered in the study.
o Key & emerging players in the Food Firming Agents market have been observed through secondary research. o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Food Firming Agents market size is calculated using market estimation process, the Food Firming Agents market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Food Firming Agents market size has been validated using both top-down and bottom-up approaches.