Rising Demand for Convenience Foods Set to Propel Growth in the Specialty Food Ingredients Market
The Specialty Food Ingredients Market was valued at $170.66 billion in 2023. This market is expected to reach $266.2 billion by 2031, from an estimated $179.24 billion in 2024, at a CAGR of 5.8% during the forecast period 2024-2031.
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TOP 10 COMPANIES IN NUTRACEUTICAL INGREDIENTS MARKET
The Nutraceutical Ingredients Market is expected to grow at a CAGR of 7.1% from 2023 to reach $317 billion by 2030. Nutraceutical ingredients provides nutrition as well as have ability to prevent or treat certain health conditions. Some of the