Specialty Food Ingredients Market Dynamics: Drivers, Restraints, Key Players

The global specialty food ingredients market is estimated to be valued at USD 148.2 billion in 2022. It is projected to reach USD 196.2 billion by 2027, recording a CAGR of 5.8% during the forecast period. According to EU Specialty Food Ingredients, "Specialty food ingredients typically preserve the texture, emulsify the color, help in processing, and add an extra health dimension to the food produced.