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Food Additives Market Business Details, Risk Factors and Strategies Covers (2017-2023)

Author: Pradeep Ze
by Pradeep Ze
Posted: Dec 22, 2018

The global food additives market is increasing due to increased demand for food additives in food and beverages industry. Growing health concerns among the global population, together with the increasing awareness about the benefits of consuming food additives are the key driving factors for the growth of food additives market. In addition to the changing lifestyle, the growing demand for food, beverages, and confectionery is expected to drive the global food additives market.

Some of the key players profiled in the global food additives market: BASF SE (Germany), Cargill Inc. (U.S), Archer-Daniels-Midland Company (U.S.), Kerry Group Plc. (Ireland), E. I. du Pont de Nemours and Company (U.S.), Evonik Industries AG (Germany), and Tate & Lyle Plc. (U.K.), among others.

Browse the market data and information spread across 160 pages with 47 data tables and 12 figures of the report "Food Additives Market Research Report - Forecast to 2023" in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/food-additives-market-1383

The global food additives market is segmented into type, source, and application. On the basis of type, the market is segmented into colors & flavors, enzymes, preservatives, sweeteners, stabilizers & thickeners, and others. Based on source, the market is segmented into natural and synthetic. On the basis of application, the market is segmented into beverages, bakery & confectionery, sweet & savory snacks, dairy & frozen desserts, and others.

North America will witness maximum growth in the food additives market followed by Europe and Asia Pacific. In terms of value, the market size of North America will continue to be high with more than half of the market share. The increasing per capita disposable income in India and China and growing demand for nutritional food will boost the food additive market growth.

Health conscious consumers are increasingly switching to natural additives, which is anticipated to have a significant impact on the Food Additives Market growth. These additives provide benefit to the food processing industries, including improving product quality, safety, and variety. Additives can improve the organoleptic property of foods and enhance the nutritive value.

Mar 2017 Encouraging manufacturers to enter production of natural sweeteners as a potential food additive, ED&F Man and Unavoo launched natural sweetener breakthrough that cuts sugar by 100%. The product claims to have high potential as sugar replacer.

Aug 2017 In order to support the rising demand for natural sweeteners from the consumers’ end, Coca-Cola announced their interest in investments in all-natural low- or no-calorie sugar alternatives. The innovation through HeroX crowdsourcing platform will help the company in expanding and strengthening their business portfolio.

Jul 2016 Food color is one of the vital food additives which adds to the organoleptic properties of the food product, Sentient launched yellow and orange food colors to broaden their food color range.

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To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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About the Author

At The Insight Partners, we enable our customers to unravel the complexity of various industries through our Cooked Research Report (Crr), Half-Cooked Research Reports (Hcrr), & Consulting Services.

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Author: Pradeep Ze

Pradeep Ze

Member since: Oct 01, 2018
Published articles: 150

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