
Food Additives Market Size, Share, and Analysis, By Product Type (Bulk Sweeteners, Sugar Substitutes, Preservatives, Prebiotics, Probiotics, Anti-caking Agents, Enzymes, Emulsifiers, Hydrocolloids, Food Colorants, Food Flavours and Enhancers, Shelf-life s
Description
Food Additives Market Size, Share, and Analysis, By Product Type (Bulk Sweeteners, Sugar Substitutes, Preservatives, Prebiotics, Probiotics, Anti-caking Agents, Enzymes, Emulsifiers, Hydrocolloids, Food Colorants, Food Flavours and Enhancers, Shelf-life stabilizers, Acidulants), By Source (Synthetic, Natural), By Application (Meat and Meat Products, Dairy and Desserts, Bakery and Confectionery, Beverages, Soups, Sauces, Dressings, Others) and Regional Forecasts, 2022-2032
Food Additives Market Size, Share, and Analysis, By Product Type (Bulk Sweeteners, Sugar Substitutes, Preservatives, Prebiotics, Probiotics, Anti-caking Agents, Enzymes, Emulsifiers, Hydrocolloids, Food Colorants, Food Flavours and Enhancers, Shelf-life stabilizers, Acidulants), By Source (Synthetic, Natural), By Application (Meat and Meat Products, Dairy and Desserts, Bakery and Confectionery, Beverages, Soups, Sauces, Dressings, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Food Additives Market size was USD 88.85 billion in 2021 and projected to grow from USD 99.2 billion in 2023 to USD 164.1 billion by 2032, exhibiting a CAGR of 5.7% during the forecast period.
Food Additives are substances that improves the colour, flavour and aroma of food. Food additives are utilized to meet a requirement like upgrading durability and preservation. New food additives are being created to reach the increasing consumer demand for processed foods. Natural food additives are obtained from natural raw sources like plants, animals etc. and several synthetic food additives are also present in the market. Commonly used natural food additives are salt and sugar which were used traditionally by people to preserve food and improve their flavour.
MARKET HIGHLIGHTS
Food Additives Market is expected to reach USD 164.1 billion, growing at a CAGR of 5.7% during forecast period owing to the high requirement for preserving food from spoilage by using food additives which is expected to boost the growth of the Food Additives market. Food additives are included indirectly into the food material to improve the handling of food when stored and packed. Food additives play a vital role in packaging and processed food industry as additives possesses property of improving palatability, increase shelf-life of product and enhancing taste of the food item.
Food Additives Market Segments:
- Product Type
- Bulk Sweeteners
- Sugar Substitutes
- Preservatives
- Prebiotics
- Probiotics
- Anti-caking Agents
- Enzymes
- Emulsifiers
- Hydrocolloids
- Food Colorants
- Food Flavours and Enhancers
- Shelf-life stabilizers
- Acidulants
- Source
- Synthetic
- Natural
- Application
- Meat and Meat Products
- Dairy and Desserts
- Bakery and Confectionery
- Beverages
- Soups
- Sauces
- Dressings
- Others
Growth Drivers
Growing Food Processing Industries is Expected to Boost the Growth of the Market
Growing Awareness on Consuming Natural Food Products is Expected to Boost the Growth of the Market
Restraint
Improper Awareness on Food Additives May Restrain the Growth of the Market
Key Players
- Fooding Group Limited
- Ingredion Incorporated
- Novozymes Chr. Hansen Holding A/S
- International Flavors & Fragrances, Inc.
- Tate & Lyle Plc
- Givaudan
- BASF SE
- ADM
- Biospringer
- Corbion
- Sensient Technologies Corporation
- The Kraft Heinz Company
- Kerry
- Ajinomoto Co., Inc.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
407 Pages
- 1. Executive Summary
- 1.1. Regional Market Share
- 1.2.Business Trends
- 1.3.Food Additives Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1.Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4.Primary Research
- 2.5.Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1.Market Definition
- 3.2.Food Additives Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4.Key Developments
- 3.5.Allied Industry Data
- 4.Food Additives Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2.COVID-19 overview on world economy
- 4.3.Industry ecosystem Channel analysis
- 4.4.Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1.Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4.Market Restraints
- 7.5. Market Trends
- 8.Risk Analysis
- 9. Market Analysis
- 9.1.Porters Five Forces
- 9.2. PEST Analysis
- 9.2.1.Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10.Food Additives Market
- 10.1.Overview
- 10.2. Historical Analysis (2016-2021)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Food Additives Market Size & Forecast 2022A-2032F
- 11.1. Overview
- 11.2.Key Findings
- 11.3.Market Segmentation
- 11.3.1. By Product Type
- 11.3.1.1. Bulk Sweeteners
- 11.3.1.1.1.By Value (USD Million) 2022-2032F
- 11.3.1.1.2. Market Share (%) 2022-2032F
- 11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.1.2.Sugar Substitutes
- 11.3.1.2.1. By Value (USD Million) 2022-2032F
- 11.3.1.2.2.Market Share (%) 2022-2032F
- 11.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.3.Preservatives
- 11.3.1.3.1. By Value (USD Million) 2022-2032F
- 11.3.1.3.2.Market Share (%) 2022-2032F
- 11.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.4.Prebiotics
- 11.3.1.4.1. By Value (USD Million) 2022-2032F
- 11.3.1.4.2.Market Share (%) 2022-2032F
- 11.3.1.4.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.5.Probiotics
- 11.3.1.5.1. By Value (USD Million) 2022-2032F
- 11.3.1.5.2.Market Share (%) 2022-2032F
- 11.3.1.5.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.6.Anti-caking Agents
- 11.3.1.6.1. By Value (USD Million) 2022-2032F
- 11.3.1.6.2.Market Share (%) 2022-2032F
- 11.3.1.6.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.7.Enzymes
- 11.3.1.7.1. By Value (USD Million) 2022-2032F
- 11.3.1.7.2.Market Share (%) 2022-2032F
- 11.3.1.7.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.8.Emulsifiers
- 11.3.1.8.1. By Value (USD Million) 2022-2032F
- 11.3.1.8.2.Market Share (%) 2022-2032F
- 11.3.1.8.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.9.Hydrocolloids
- 11.3.1.9.1. By Value (USD Million) 2022-2032F
- 11.3.1.9.2.Market Share (%) 2022-2032F
- 11.3.1.9.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.10.Food Colorants
- 11.3.1.10.1. By Value (USD Million) 2022-2032F
- 11.3.1.10.2.Market Share (%) 2022-2032F
- 11.3.1.10.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.11. Food Flavours and Enhancers
- 11.3.1.11.1.By Value (USD Million) 2022-2032F
- 11.3.1.11.2. Market Share (%) 2022-2032F
- 11.3.1.11.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.1.12.Shelf-life stabilizers
- 11.3.1.12.1. By Value (USD Million) 2022-2032F
- 11.3.1.12.2.Market Share (%) 2022-2032F
- 11.3.1.12.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.13.Acidulants
- 11.3.1.13.1. By Value (USD Million) 2022-2032F
- 11.3.1.13.2.Market Share (%) 2022-2032F
- 11.3.1.13.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.2. By Source
- 11.3.2.1.Synthetic
- 11.3.2.1.1. By Value (USD Million) 2022-2032F
- 11.3.2.1.2.Market Share (%) 2022-2032F
- 11.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.2.2. Natural
- 11.3.2.2.1.By Value (USD Million) 2022-2032F
- 11.3.2.2.2. Market Share (%) 2022-2032F
- 11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.By Application
- 11.3.3.1.Meat and Meat Products
- 11.3.3.1.1. By Value (USD Million) 2022-2032F
- 11.3.3.1.2.Market Share (%) 2022-2032F
- 11.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.3.2. Dairy and Desserts
- 11.3.3.2.1.By Value (USD Million) 2022-2032F
- 11.3.3.2.2. Market Share (%) 2022-2032F
- 11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.3. Bakery and Confectionery
- 11.3.3.3.1.By Value (USD Million) 2022-2032F
- 11.3.3.3.2. Market Share (%) 2022-2032F
- 11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.4. Beverages
- 11.3.3.4.1.By Value (USD Million) 2022-2032F
- 11.3.3.4.2. Market Share (%) 2022-2032F
- 11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.5. Soups
- 11.3.3.5.1.By Value (USD Million) 2022-2032F
- 11.3.3.5.2. Market Share (%) 2022-2032F
- 11.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.6. Sauces
- 11.3.3.6.1.By Value (USD Million) 2022-2032F
- 11.3.3.6.2. Market Share (%) 2022-2032F
- 11.3.3.6.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.7. Dressings
- 11.3.3.7.1.By Value (USD Million) 2022-2032F
- 11.3.3.7.2. Market Share (%) 2022-2032F
- 11.3.3.7.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.8. Others
- 11.3.3.8.1.By Value (USD Million) 2022-2032F
- 11.3.3.8.2. Market Share (%) 2022-2032F
- 11.3.3.8.3. Y-o-Y Growth (%) 2022-2032F
- 12.North America Food Additives Market Size & Forecast 2022A-2032F
- 12.1.Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Product Type
- 12.3.2.By Source
- 12.3.3.By Application
- 12.4. Country
- 12.4.1. United States
- 12.4.2.Canada
- 13.Europe Food Additives Market Size & Forecast 2022A-2032F
- 13.1.Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1.By Product Type
- 13.3.2.By Source
- 13.3.3.By Application
- 13.4.Country
- 13.4.1. Germany
- 13.4.2.United Kingdom
- 13.4.3.France
- 13.4.4.Italy
- 13.4.5.Spain
- 13.4.6.Russia
- 13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14.Asia Food Additives Market Size & Forecast 2022A-2032F
- 14.1. Overview
- 14.2. Key Findings
- 14.3.Market Segmentation
- 14.3.1.By Product Type
- 14.3.2. By Source
- 14.3.3. By Application
- 14.4. Country
- 14.4.1. India
- 14.4.2.China
- 14.4.3.South Korea
- 14.4.4.Japan
- 14.4.5.Rest of APAC
- 15.Middle East and Africa Food Additives Market Size & Forecast 2022A-2032F
- 15.1.Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1.By Product Type
- 15.3.2.By Source
- 15.3.3.By Application
- 15.4.Country
- 15.4.1. Israel
- 15.4.2.GCC
- 15.4.3.North Africa
- 15.4.4.South Africa
- 15.4.5.Rest of Middle East and Africa
- 16. Latin America Food Additives Market Size & Forecast 2022A-2032F
- 16.1.Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Product Type
- 16.3.2.By Source
- 16.3.3.By Application
- 16.4.Country
- 16.4.1.Mexico
- 16.4.2.Brazil
- 16.4.3.Rest of Latin America
- 17. Competitive Landscape
- 17.1.Company market share, 2021
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1. Fooding Group Limited
- 18.1.1.Company Overview
- 18.1.2. Financial Overview
- 18.1.3. Key Product; Analysis
- 18.1.4. Company Assessment
- 18.1.4.1. Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3.Market Share
- 18.1.4.4.Recent News & Development (Last 3 Yrs.)
- 18.1.4.5.Executive Team
- 18.2.Ingredion Incorporated
- 18.3.Novozymes Chr. Hansen Holding A/S
- 18.4.International Flavors & Fragrances, Inc.
- 18.5.Tate & Lyle Plc
- 18.6.Givaudan
- 18.7.BASF SE
- 18.8.ADM
- 18.9.Biospringer
- 18.10.Corbion
- 18.11. Sensient Technologies Corporation
- 18.12.The Kraft Heinz Company
- 18.13.Kerry
- 18.14.Ajinomoto Co., Inc.
- 18.15.Other Prominent Players
- 19. Appendix
- 20.Consultant Recommendation
Pricing
Currency Rates
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