Europe Food Inclusions Market to Grow at a CAGR of 5.2% to reach US$ 5,364.23 Mn Million from 2021 to 2028

The food inclusions market in Europe is expected to grow from US$ 3,760.95 million in 2021 to US$ 5,364.23 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.

It is crucial for the food & beverages industry players to differentiate their products from products offered by other players, along with adding value to their existing product line, to sustain market competition. Food & beverage manufacturers identify food inclusions as timesaving and economical way of bringing innovations in their existing products, as while using these ingredients they can skip the step of formulating an entirely new product recipe. Food inclusions are used as mix-ins in the existing product recipe to achieve an altered texture, color, aroma, or flavor. Food inclusions are widely being used in baked food, ice cream, yogurts, and others for attaining product differentiation. Further, various dried fruits, nuts, exotic fruits, and chocolate chips are added in the ice cream products to enhance their value and differentiate the products from their counterparts. Consumers, nowadays, prefer opting for unique, differentiating, and enhanced food products. Seasonal variants or limited-edition food products are being launched to attract a wider customer base. Food manufacturers use stand out colors, shaped inclusions, and indulgent inclusions in their products during Halloween and Easter to achieve product differentiation and stand out differently in the market. In April 2021, Marks and Spencer plc. issued a legal complaint against its supermarket rival, Aldi Stores Limited, on the grounds of copyright infringement. Marks and Spencer plc. sued Aldi Stores Limited on the claim that the latter’s Cuthbert the Caterpillar cake was similar to the former’s Colin the Caterpillar cake. Additionally, other supermarket chains such as Tesco, Sainsbury’s, ASDA, Morrison’s. Waitrose and Co-op also offer similar caterpillar cakes in terms of shape, base color, and size. However, the only factor differentiating their cakes are the food inclusions used in them. Thus, food inclusions are widely being used to add value and differentiate products from competitors, which is catalyzing the market growth.

In Europe, currently France and Russia are the hardest-hit countries by the coronavirus outbreak. It is estimated to suffer an economic hit due to a lack of revenue from various industries, Russia as the country recorded the highest number of coronavirus cases followed by the France, UK, Italy, Spain, and Germany. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe food inclusions market. The Europe food inclusions market is expected to grow at a good CAGR during the forecast period.

Europe Food Inclusions Market Segmentation

Europe Food Inclusions Market – By Type

• Chocolates
• Fruit and Nuts
• Flavored Sugar and Caramels
• Others

Europe Food Inclusions Market – By Form

• Solid
• Semi-Solid

Europe Food Inclusions Market – By Application

• Dairy and Frozen Desserts
• Bakery Products
• Breakfast Cereals
• Chocolate and Confectionery Products
• Others

Europe Food Inclusions Market – By Country

• Germany
• France
• Italy
• U.K.
• Russia
• Rest of Europe

Europe Food Inclusions Market – Companies Mentioned

• ADM                                                     
• AGRANA Beteiligungs-AG                  
• Puratos                                                  
• Barry Callebaut                                    
• Cargill, Incorporated.                          
• Kerry Group                                           
• Georgia Nut Company                         
• Taura Natural Ingredients Ltd            
• Sensient Technologies                         
• Meadow Foods                                                                     

Europe Food Inclusions Report Scope