Global Food Additives Market size was $45.7 billion in 2020, and is anticipated to grow to a value of more than $59 billion in 2030, with an increasing CAGR (compound annual growth rate) of over 5% from 2022 to 2030.
A food additive is a compound that gives food items better taste, colour, smell, and flavour. Food additives are employed to fulfil a specific functional requirement, such as improving stability and preservation. To meet the growing demand, particularly for processed foods, many novel food additives have lately been created. Natural food additives are made from natural raw resources including plants, animals, and minerals; however, there are also many different synthetic food additives on the market. For ages, people have preserved food and improved its flavour by adding natural food additives like salt and sugar. Stabilizers, emulsifiers, thickening agents, gelling agents, preservatives, and coating agents are all functions of food additives, both synthetic and natural. Natural food additives are utilised as flavouring components in both food and beverages.
To enhance the colour, look, texture, and shelf life of food products, numerous edible substances are added as food additives. Some of the most often used forms of food additives include edible colours, flavours, enzymes, hydrocolloids, and preservatives. These ingredients can be manufactured artificially or sourced from natural sources, including plants, animals, and minerals. They are typically added to commodities like baked goods, sweets, soups, sauces, and infant food to delay the growth of microorganisms and increase shelf life.
The global market for food additives is divided into four categories: technology, product type, application, and geography. Flavors & Enhancers, Antioxidants, Anticaking Agents, Emulsifiers, Acids, Sweeteners, Stabilizers, Humectants, Colorants, Shelf-life stabilizers(Preservatives), Fat Replacers(Bulking Agents), and Others are among the product kinds considered in this research (Glazing agents, Color retention agents, antifoaming agents). Nature-based and chemical-based products are the two types of products available on the market. The market is divided into confectionary, hotels, houses, snacks, bakery, dairy & frozen products, meat, poultry & seafood products, beverages, and others, depending on the application. The market is divided into four regions: North America, Europe, Asia Pacific, and Latin America and the Caribbean. Takeover is one of the techniques used by large market participants. Nippon Shokubai, for example, bought the company in 2014.
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Global Food Addictive Market: Segmentations
Top Key Players:-
- Tate & Lyle Plc
- DSM
- Biospringer
- DuPont
- chinafooding
- Sensient Technologies Corporation
- Fooding Group Limited
- Palsgaard
- Givaudan
- Ajinomoto Co., Inc.
- Kerry Group Plc
- BASF SE
- Hansen Holding A/S
- Cargill
- ADM
Global Food Additives Market based by type
Types
- Acidulates
- Colours
- Emulsifiers
- Flavours
- Hydrocolloids
- Enzymes
- Acids
- Fat Replacers
- Preservatives
- Sweeteners
Global Food Additives Market based by source
Types
- Natural
- Synthetic
Natural dominates the market with the highest market share.
Global Food Additives Market based by application
Types
- Bakery and confectionary
- In house
- Beverages
- Hotels
- Meat, poultry and seafood products
- Dairy and frozen desserts
Some Points from Table of Content
Global Agro Textiles Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
1 Market Overview
2 Market Dynamics
3 Associated Industry Assessment
4 Market Competitive Landscape
5 Analysis of Leading Companies
6 Market Analysis and Forecast, By Product Types
7 Market Analysis and Forecast, By Applications
8 Market Analysis and Forecast, By Regions
9 North America Agro Textiles Market Analysis
10 Europe Agro Textiles Market Analysis
11 Asia-Pacific Agro Textiles Market Analysis
12 South America Agro Textiles Market Analysis
13 Middle East and Africa Agro Textiles Market Analysis
14 Conclusions and Recommendations
15 Appendix
Points Covered in the Report
- The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years’ data history and forecast.
- The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
- The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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