Lucintel Blog: Lucintel Forecasts Filler for Food Market to Reach $910.8 Billion by 2028

Thursday, October 26, 2023

Lucintel Forecasts Filler for Food Market to Reach $910.8 Billion by 2028

According to the recent study the Filler for Food Market is projected to reach an estimated $910.8 billion by 2028 from $680.3 billion in 2022, at a CAGR of 5% from 2022 to 2028. Growth in this market is primarily driven by increasing demand for processed food and growth in food supplements products.

Browse 107 figures/charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in filler for 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/fillers-in-food-industry.aspx

“Processed meat and seafood market is expected to remain the largest segment during the forecast period.”

Based on application, the filler for food market is segmented into processed meat and seafood, dairy and bakery, food supplements, and beverage and others. Lucintel forecasts that the processed meat and seafood market is expected to remain the largest segment due to the increasing demand for poultry based products and rising disposable income.

“Within the filler for food market, the starch segment is expected to remain the largest filler type.”

Based on filler type the starch segment is expected to witness the highest growth over the forecast period due to increasing demand for low fat dairy and bakery products..

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

APAC will remain the largest region by value and volume 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.

Download Brochure of this report by clicking on https://www.lucintel.com/fillers-in-food-industry.aspx.

Major players of filler for 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. Imerys, Elementis, Rayonier Advanced Materials, Mineral Technologies, Omya, Nippon Talc Co. Ltd, Huber Engineered Materials, Cargill are among the major filler for 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.

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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:

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Director of Client Engagements

Lucintel

Dallas, Texas, USA

Cell: 210-878-7693

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