Lucintel Forecasts Fillers in the Food Market to Grow at a CAGR of 3.4%

According to the recent study the Fillers in the Food Market is projected to grow at a CAGR of 3.4% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for processed food and growth in food supplements products.

Browse 120 figures / charts and 111 tables in this 179 -page report to understand trends, opportunities and forecast in fillers in the food market by filler type (talc, calcium carbonate, cellulose, starch, flour, and others), application (processed meat and seafood, dairy and bakery, food supplements, and beverage and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link     https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT2230  and view detailed Table of Content here - https://www.lucintel.com/fillers-in-food-industry.aspx

“Starch market is expected to remain the largest segment during the forecast period.”

Based on filler type, the fillers in the food market is segmented into talc, calcium carbonate, cellulose, starch, flour, and others. Lucintel forecasts that the starch market is expected to remain the largest segment due to increasing demand for low fat dairy and bakery products.

“Within the fillers in the food market, the processed meat and seafood segment is expected to remain the largest application.”

Based on application the processed meat and seafood segment is expected to witness the largest application over the forecast period due to the increasing demand for poultry based products and rising disposable income. Food supplement is expected to witness the highest growth in the forecast period supported by increasing health awareness among consumers.

“Asia pacific will dominate the fillers in the food market in near future.”

APAC will remain the largest region and it is also expected to witness the highest growth over the forecast period due to increasing per capita income and working population leading the demand for processed and packaged food products.

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Major players of fillers in the food market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cargill, Imerys, Omya, Mondo Minerals, Nippon Talc, and Rayonier Advanced Materials and others are among the major fillers in the food providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fillers-in-food-industry.aspx or helpdesk@lucintel.com.

About Lucintel

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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