Top Companies in Food Texture Market | Leading of Industry In-depth Analysis, Examples Growth, Size and Share by VMR

Upcoming trends for Food Texture Market

The Global Food Texture Market is valued at USD 12,252.9 Million in the year 2021 and is projected to reach a value of USD 16,326.4 Million by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.9% over the forecast period. Massive application of the product in dairy foods, bakery products, frozen diet, snacks, beverages, and meat, as well as poultry products, will drive the worldwide trends for the food texturing agent market. Emulsifiers find application in the diet as they impart flavor and help in avoiding food spoilage as well as oil evaporation. On the other hand, phosphates are utilized as a texturing agent in order to alter the texture of a diet comprising of protein and starch. Stabilizers help in offering and imparting the necessary texture to liquid and semi-liquid food items such as ice cream.

Nevertheless, the food texturing agents helps in providing texture to the final product, thereby helping in offering stability to the food and elongating its shelf life. Aspects like massive consumer trends for a low-fat diet, good textured diet, and large-scale inventions witnessed across the food processing sector will proliferate the preference for food texturing agents over the next decade.

Some of the key players in the Food Texture Market are as below:

1. I. DuPont De Nemours & company

DuPont de Nemours, Inc., commonly known as DuPont, is an American company formed by the merger of Dow Chemical and E. I. du Pont de Nemours and Company on August 31, 2017, and the subsequent spinoffs of Dow Inc. and Corteva. Prior to the spinoffs, it was the world's largest chemical company in terms of sales. The merger has been reported to be worth an estimated USD 130 billion. With a 2018 total revenue of USD 86 billion, DowDuPont ranked No. 35 on the 2019 Fortune 500 list of the largest United States public corporations. DuPont is headquartered in Wilmington, Delaware, in the state where it is incorporated.

2. Penford Corporation

Penford Corporation is a global ingredient solutions company that produces sweeteners, starches, and unique ingredients from plant sources. It develops, produces, and markets specialty natural-based ingredient systems for industrial and food ingredient applications, including fuel-grade ethanol.

3. Nestle S.A.

Nestlé S.A. is a Swiss multinational food and drinks processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. The company is listed on the Swiss stock exchange market as NESN (SWX). In 2020 the company generated revenue of USD 914.8 billion and has 2,73,000 employees working across the globe. The company has numerous subsidiaries such as Nestlé Purina PetCare Company, Nestlé India, and others.

4. Ajinomoto Co. Inc.

Ajinomoto Co., Inc. is a Japanese multinational food and biotechnology corporation that produces seasonings, interlayer insulating materials for semiconductor packages for use in personal computers, cooking oils, frozen foods, beverages, sweeteners, and amino acids, and pharmaceuticals. The company is listed as 2802 (TYO) on the Tokyo stock market. In 2020, the company generated revenue of USD 8.2 billion and has approximately 32,000 employees working.

5. Mars

Mars, Incorporated is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$40 billion in annual sales in 2020. It was ranked as the 6th largest privately held company in the United States by Forbes. This is the third-largest privately held company in the U.S.  In 2020, the company generated revenue of approximately USD 370 billion and has 1,30,000 employees working.

6. Archer Daniels Midland

The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company is listed as NYSE: ADM in the stock market. In 2021, the company generated revenue of USD 28.52 billion and has 38,332 employees working.

7. Kerry Group

Kerry Group plc is a public food company headquartered in Ireland. It is quoted on the Dublin ISEQ and London stock exchanges. Listed in the London stock market as KYGA (LON). In 2019, the company generated revenue of USD 757 million and has approximately 26,000 employees working across the U.K.

8. Archer Daniel Midland Company

The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company is listed as ADM (NYSE) in the New York stock market. In the second quarter of 2022, the company has generated revenue of approximately USD 28.3 billion and has 38,323 employees working across the globe.

9. Turkey Hill Dairy

Founded in 1931, Turkey Hill Dairy, simply known as Turkey Hill, is an American brand of iced tea, ice cream, and other beverages and frozen desserts distributed throughout the United States and internationally.

10. Panos Brands, LLC

Panos Brands, LLC is a food & beverages company based out at 395 West Passaic Street, Rochelle Park, NJ 07662. The company is a privately held organization consisting of 50 employees.

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