Market Overview:
Food firming agents are food additive which is added in the preparation of food items like canned fruits, vegetables, bakery products, and various other items in order to precipitate residual pectin and improving the texture and durability of the food item. It strengthens the structure of the food preventing it from shattering or collapsing during the processing. The agents like calcium chloride, alum, calcium lactate, etc are used as addictives. With the growing demand for food addictive from restaurants and maintaining the durability of the food item the market is expected to grow in the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | FBC Industries (United States), Allied Custom Gypsum, Inc. (United States), NSG Namsiang Group (Thailand), BGR Chemical Products Inc. (Canada), ProNatural Brands (United States), Aako B.V (Netherlands), Ingridia (India), A & Z Food Additives Co., Ltd. (China) and Dalian Future International Co., Ltd (FIC) (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Food Firming Agents Market Study:
FBC Industries (United States), Allied Custom Gypsum, Inc. (United States), NSG Namsiang Group (Thailand), BGR Chemical Products Inc. (Canada), ProNatural Brands (United States), Aako B.V (Netherlands), Ingridia (India), A & Z Food Additives Co., Ltd. (China) and Dalian Future International Co., Ltd (FIC) (China)
Food Firming Agents Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Canned Fruits and Vegetables, Bakery Products, Dairy Products, Seafood Products and Other |
Type | Calcium Chloride, Alum (Ammonium Aluminum Sulfate), Adipic Acid, Calcium Lactate and Other |
Distribution Channels | Online,Offline |
Influencing Trend:
Increasing Consumption of Bakery Products and Continuous Research and Development in Food Addictives
Market Growth Drivers:
Growing Demand for Canned Food Products and Fruits and Increasing Demand for Food Items or Snacks which can be Stored for a Long Time
Restraints:
Risk of Adverse Reactions, Side Effects Associated with Food Firming Agents and Stringent Regulatory Guidelines Regarding Food Addictives
Opportunities:
Surging Demand for Food Firming Agents from the Commercial food Spaces of the Developing Countries
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Latest Industry Highlights:
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.
In October 2023, SK Capital to acquire food ingredients firm J&K Ingredients, the signing of an agreement to acquire J&K Ingredients, Inc. (“J&K” or the “Company”). Currently owned by CORE Industrial Partners (“CORE”), J&K is a market leading manufacturer and supplier of food and beverage ingredients with an emphasis on natural, organic, and clean label products. Terms of the deal were not disclosed. The transaction is expected to close before the end of the year.
"According to Food Safety and Standards Regulations (FSSR), the following declarations have been made with respect to food additives: (i) food additives falling under the following class titles shall be used together with the specific names or recognised international numerical identification i.e. acidity regulator, acid, anticaking agent, antifoaming agent, antioxidant, bulking agent, colour, colour retention agent, emulsifier, emulsifying salt, firming agent, flour treatment agent, flavour enhancer, foaming agent, gelling agent, glazing agent, humectants, preservative, propellant, raising agent, stabiliser, sweetener, thickener. Natural food additives are always better, safer and easier than artificial. Even though some chemicals in food are approved but they are not free of adverse reactions. The use of food additives must be controlled and monitored by effective research and governmental regulations."
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Food Firming Agents market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Food Firming Agents market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Food Firming Agents MAnufacturers, Food Firming Agents International Traders, Food Firming Agents Distributors and Suppliers, Research and Development Institutes, Potential Investors, Industry Associations, Upstream and Downstream Buyers, Regulatory Bodies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.