The markets for HI&I ingredients in the United States, China, and India—the three regions from the upcoming global HI&I ingredients report—are rather diverse in terms of growth, value, and volume. While there are differences in the size of these markets and their growth potentials, qualitative attributes also differ widely.
The consumption of ingredients in all three countries represents a large chunk of the total market, accounting for over USD 10 billion, driven by the United States, which represents more than half of this total. In terms of future outlook, India is forecast to post the strongest growth among these three countries, of almost 13% during the forecast period of 2014-2019. Continue reading