“The food processing ingredients market was estimated at USD 52.9 billion in 2023 and is likely to grow at a CAGR of 6.4% during 2024-2030 to reach USD 81.96 billion in 2030.”
The food processing ingredients are materials that are incorporated into the food to improve the taste, flavor, texture, and appearance of the food. They include preservatives, flavoring agents, stabilizers, and colorants which are important in meeting the food standard set out by the authorities. They are conducted to meet the set legal requirements as well as the expected standards by the consumers.