The Spray dried food market is projected to surpass USD 62.8 billion in 2024 and to reach USD 131.8 billion in 2034. Demand for Spray dried food have a CAGR of 7.7% throughout the forecast period (2024–2034).
The impact of ingredients on food perception has been a critical factor for food industry. The nutrtion of a meal serves as a pivotal product-intrinsic sensory signal, significantly influencing people’s judgments of flavor and taste. Historical practices involved enhancing food with colors sourced from locally grown plants. However, the industrialization of food production necessitated reliable and shelf-stable food colors across all batches.
In recent years, digitization has fueled rapid expansion across industries globally. The widespread adoption of digitization in the global economy has led to significant growth. Spray dried food producers leverage online channels for promotion and sales due to the increasing use of the internet and the simplicity of online transactions among consumers. Online merchants are favored by the majority of consumers, driving businesses to establish a strong online presence. Furthermore, emerging trends include specialty stores and meal delivery services as additional avenues for reaching consumers.
Key Takeaways from the Spray dried food Market Study
- In 2023, the Spray dried food market was primarily led by the powder form food ingredient sector, driven by increasing demand. This preference is attributed to the desire to enhance viscosity, mouthfeel, product stability, texture, shelf life, pleasant flavor, and visual appeal in the production of food and beverage items.
- The market witnessed a significant demand for casine-named protein, indicating a preference for this milk powder. casines are sought after for their role in enhancing the nutritional qualities of food products.
- Over the forecast period, the beverages industry is anticipated to experience the highest Compound Annual Growth Rate (CAGR), followed by the confectionary and candy segment. This growth is driven by the increasing demand for spray dried food, particularly in beverages, as part of efforts to enhance the energy-to-nutrient ratio in these products.
“It is anticipated that the growing amount of consumer trend about how their food nutrition can increase the sales of ingredients derived from natural sources which can be used by the food and beverages industry.” says a lead analyst at Future Market Insights.
Who is winning?
Due to the rising consumer demand for Spray dried food, several leading manufacturers are focusing on offering it at the best possible pricing. To increase their market share and manufacturing capacity while expanding their industrial footprints, some businesses have used integrated production methods. Leading producers of Spray dried food are investing in employing multiple raw materials so that they can produce the maximum number of ingredients.
A few of the leading players operating in the Spray dried food market are Nestle, Döhler GmbH, Unilever, Kerry Group, Ajinomoto, AZO GmbH & Co. KG, Delecto Foods, Mercer Foods, Foods & Inns., Givaudan SA and other players.
Get Valuable Insights into Spray dried food Market
Future Market Insights, in its new offering, provides an unbiased analysis of the Spray dried food Market, presenting historical demand data (2019-2023) and forecast statistics for the period from 2024-2034. The study divulges compelling insights on the Spray dried food market based on Product Type Fruits and Vegetables, Beverages, Dairy Products, Fish, and others, by Application Desserts, Confectionary, Baked Goods, Flavoured Beverages, Baby food, and others, by Distribution Channel B2B, Food Service, B2C(Supermarkets and Hypermarkets, Independent Retailers, Specialist Retailers, Online Stores) across seven major regions.
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