Report Highlights
Global Food Additives Market
By Type (Anti-Caking Agents, Acidulants, Emulsifiers, Enzymes, Colors, Flavors, Sweeteners, Hydrocolloids, Preservatives Markets), By Source (Colors, Emuslifiers, Enzymes, Flavors, Hydrocolloids, Preservatives), By Application (Beverages, convenience food, Bakery and Confectionery, Sauces, Dressings, Spices & Condiments, Dairy and Frozen desserts, Others), By region (North America, Europe, Asia- Pacific, Rest of the World) and Regional Market Size, Status and Forecast to 2025
Market Overview:
The Global Food Additives Market was valued at USD 42.30 billion in 2016 and is projected to reach USD 67.90 billion by 2025, growing at a CAGR of 5.4% from 2017 to 2025.
Food additives are substances that are added to food items to get a better taste. They aid in adding a better texture and color to the food items. Additives have gained high importance in the past few years, due to the high demands and requirements of the food industry. Many food additives have been introduced in the past few years to meet the needs of the growing food industry.
Market Dynamics:
1. Market Drivers
1.1 Increasing demand for Convenience foods.
1.2 High rise in consumption of food products.
1.3 Increasing demand for products with extended Shelf Life.
1.4 Multi- purpose use of food additives.
2. Market Restraints
2.1 Limited sources and increase in price of additives
2.2 High demand for organic products.
2.3 Bad effects of synthetic additives.
Market Segmentation:
The Food Additives Market is segmented on the basis of Type, Source, Application and Region.
1. By Type:
1.1 Anti-Caking Agents
1.2 Acidulants
1.3 Emulsifiers
1.4 Enzymes
1.5 Colors
1.6 Flavors
1.7 Sweeteners
1.8 Hydrocolloids
1.9 Preservatives Markets
2. By Source :
2.1 Colors
2.1.1 Synthetic
2.1.2 Natural
2.1.3 Nature Identical Colors
2.2 Emuslifiers
2.2.1 Plant Source
2.2.2 Animal Source
2.3 Enzymes
2.3.1 Plant Source
2.3.2 Animal Source
2.3.3 Microorganism Source
2.4 Flavors
2.4.1 Synthetic
2.4.2 Natural
2.5 Hydrocolloids
2.5.1 Synthetic
2.5.2 Natural
2.6 Preservatives
2.6.1 Synthetic
2.6.2 Natural
3. By Application:
3.1 Beverages
3.2 Convenience Food
3.3 Bakery & Confectionery
3.4 Sauces, Dressings, Spices & Condiments
3.5 Dairy & Frozen Desserts
3.6 Other Applications
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Rest of World
Competitive Landscape:
The major players in the market are as follows:
1. Archer Daniels Midland Company
2. Cargill Inc
3. BASF SE
4. E.I. Dupont
5. Evonik Industries AG
6. Kerry Group
7. Chr. Hansen Holding A/S
8. Tate & Lyle PLC
9. Novozymes A/S
10. Ingredion Incorporated
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Food Additives Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More