-- A new report from Reportlinker.com Reportlinker.com announces the release of the report “Specialty Food Ingredients Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” – https://www.reportlinker.com/p06187396/?utm_source=GNW projects a CAGR of 5.3%. However, the contraction in the sector has created new opportunities for small and mid-size companies in the ingredients and flavors sector, says Eduardo Alarcon, President of Larcons-Recruitment and Consulting.
Furthermore, Mr. Alarcon states: “Seen a lot of demand for new hires in key roles in the specialty food sector. The pandemic opened opportunities for smaller players in the space. Many players switched gears and became more creative launching new products to satisfy demand in different niches and keep their businesses running and even growing.”
Reportlinker identifies North America as the largest market for specialty food ingredients in the world and the trend doesn’t seem to change in the near future.
“Larcons domestic clients in the space keep growing and hiring. Proof of that is that are several high-paying remote roles in the sector on Larcons pipeline. One client, a successful specialty foods & beverage company, is hiring for a Flavor & Ingredients Sales Director. It’s encouraging to see small and mid-size companies in the space thrive.”
The specialty food ingredients market is highly competitive and dominated by international companies. Major players include DuPont de Nemours Inc., Cargill Incorporated, Kerry Group, and Koninklijke DSM NV, among others.
Companies are increasing the availability of natural ingredients that increase the shelf life of their products and also enable them to label them “100% natural,” maximizing consumer demand for “clean labels.”
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
About Larcons-Recruitment & Consulting
Larcons is a professional recruitment and consulting company, specializing in high retention and ROI placements.
Release ID: 89056753