LONDON, May 2, 2016 /PRNewswire/ -- "Specialty food ingredients market projected to grow at a CAGR of 5.5%"
The specialty food ingredients market is projected to reach USD 91.2 billion by 2020, at a CAGR of 5.5% from 2015 to 2020. The market is driven by the factors such as growing R&D and technological innovations, increasing demand for convenience foods, nutrition & taste convergence, and the growing end user applications.
"Prebiotics is the fastest growing segment among functional food ingredients"
The functional food ingredients market has been driving the overall specialty food ingredients market with the largest market share in 2014 and because of the increasing demand for health & nutrition based foods. Prebiotics is the fastest growing market in functional food ingredients which finds its major application in dietary foods. This is followed by probiotics, carotenoids, and minerals market. Proteins & amino acids contribute to the highest market...