The rapid expansion of the processed and packaged food industry, such as the growing popularity of ready-to-eat products, will continue to foster the growth of the food additives market. The global food additives market is anticipated to reach a total consumption of over 3,376 thousand tonnes in 2016. The food additives market is likely to surpass a value of US$ 47.05 Bn by 2016 end. Among the different sources analysed in the food additives market, natural additives are projected to experience significant growth during the forecast period. Japan will remain the largest consumer in the food additives market.
Global demand for food additives is 4,350 thousand tonnes in 2021. The food additives market size will reach US$ 83 billion, growing at a CAGR of 5.85%.
Food additives have become essential ingredients in various food & beverage products such as soft drinks, meat and seafood, bakery and confectionery, dairy products, desserts, snacks, and other products. Apart from the expansion of the processed & convenience food industry, the growing demand for functional food additives also drives the food additives market, globally. In addition, continued research & development activities and associated new product launches by major manufacturers in the food additives market will be another driving factor for the food additives market.
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Key Players
The writer will create content on the general strategies of market players. And then will write the key players in the market are:
- Ajinomoto Co., Inc.
- Cargill Incorporated
- Archer Daniels Midland
- Alpha Ingredients Srl
- Kerry Group
- du Pont de Nemours and Company
- Ingredion Incorporated
- Hansen Holding A/S
- BASF SE
- Tate & Lyle PLC
- Novozymes A/S
Segmentation
The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:
By Product Type
- Acidity Regulators
- Colourants
- Emulsifiers
- Enzymes
- Hydrocolloids
- Flavouring Agents
- Preservatives
- Sweeteners
By Source
- Natural
- Synthetic
By Application
- Bakery & Confectionery
- Dairy & Frozen Desserts
- Snacks & Convenience Food (Processed & Frozen)
- Beverages
- Meat & Poultry Products
- Others (sauces, soups, and baby food)
Key Regions/Countries Covered
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia-Pacific Excluding Japan (APEJ)
- Japan
- Middle East & Africa (MEA)
Queries Solved
- What is the size of the overall Food Additives Market in the Food and Beverage Market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Food Additives Market in the Food and Beverage Market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Food Additives Market in the Food and Beverage Market?
- What is the Food Additives Market in the Food and Beverage Market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Food Additives Market in the Food and Beverage Market?
- What are the recent trends in Food Additives Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Food Additives Market in the growth of the Food and Beverage Market?
- What are the key market trends impacting the growth of the Food Additives Market in the Food and Beverage Market?
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