Synthetic Food Industry Assumed growing Key Business Needs Reach at CAGR 5.11% with USD 19.09 billion by 2023; global key players; Sensient Technologies, Flavorchem Corporation, Allied Biotech Europe GmbH, Archer Daniels Midland, FMC Corporation and Fiori

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Industry Trend Outlook -
The Synthetic Food Market was worth USD 12.19 billion in 2014 and is expected to reach approximately USD 19.09 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.11% during the forecast period. Switching consumer lifestyle and consumption habits are inciting demand for packaged, processed and canned products. This boosts the adoption of artificial additives because of their solid role in upgrading shelf life of the product and retaining flavour and taste. Cereals, cakes, ice-creams, and breads are key major ultra-processed food types. Development of convenient product consumption because of expanding dispensable income and occupied schedule has surged the artificial additives demand for ultra-processed items. Fast development of population combined with expanding gap amongst supply and demand of nutritious food is a significant concern driving adoption of additional additives.

Competitive Insights
The leading players in the market are DSM, BASF, Chr. Hansen, Sensient Technologies, Flavorchem Corporation, Allied Biotech Europe GmbH, Archer Daniels Midland, FMC Corporation and Fiorio Colori. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Product Outlook and Trend Analysis
Synthetic colour market accounted for over USD 1 billion income in 2016. Expanding demand for ingredients from food manufactures to enhance and confer visual appeal, which is lost amid processing, will boost industry development. Surge in manufacturing of carbonated juices, soft drinks, and alcohols will give solid business chances to industry makers. Key perspectives, for example, convenient availability, low cost of production, and appearance like natural ingredients propelling artificial colours market size. Antioxidants market will witness significant development over the forecast period.

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Market Segmentation:

By Product:
Colour
Enzymes
Hydrocolloids
Flavour & Fragrances
Antioxidants
Emulsifiers
Fat replacers

By Application:
Beverages
Dairy & Frozen Products
Bakery & Confectionery
Meat
Poultry & Seafood
Processed Food
Convenience Foods & Beverages
Sauces
Dressings
Spreads Savoury and Snacks
Animal and Pet Food
Oils & Fats

By Region
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

Application Outlook and Trend Analysis
Beverages applications from colours are anticipated to develop at significant pace over the following years. Rising consumption of juices, tea, aerated drinks, coffee, soda and mineral waters will impact section development. Organizations have increased usage of artificial additives including, flavour, colours, antioxidants and enzymes to increase competitive advantage over drinks quality and usefulness. Increasing demand for alcoholic and non-alcoholic beverages attributable to rising discretionary income will help synthetic colours market size. Bakery and confectionery market from flavour & fragrances accounted for 19% of the business share in 2016.

Regional Outlook and Trend Analysis
North America synthetic food market represented more than 25% of worldwide request in 2016. The vast existence of FMCG manufacturers and enormous consumer base supporting regional industry development. The United States synthetic food market being the significant contributor created over USD 1.5 trillion revenue from the grocery industry. High discretionary income alongside expanding usage of RTE products has significantly stimulated demand. Asia Pacific artificial additives market will encounter significant demand over the forecast period. Furthermore, China is the biggest market in the APAC district, outperforming USD 700 billion income in 2016.

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Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. Market Analysis by Regions
5. Synthetic Food Market, By Product
5.1. Introduction
5.2. Global Synthetic Food Sales, Revenue and Market Share by Product (2014-2018)
5.2.1. Global Synthetic Food Sales and Sales Share by Product (2014-2018)
5.2.2. Global Synthetic Food Revenue and Revenue Share by Product (2014-2018)
5.3. Colour
5.3.1. Global Colour Sales and Growth Rate (2014-2018)
5.4. Enzymes
5.4.1. Global Enzymes Sales and Growth Rate (2014-2018)
5.5. Hydrocolloids
5.5.1. Global Hydrocolloids Sales and Growth Rate (2014-2018)
5.6. Flavour & Fragrances
5.6.1. Global Flavour & Fragrances Sales and Growth Rate (2014-2018)
5.7. Antioxidants
5.7.1. Global Antioxidants Sales and Growth Rate (2014-2018)
5.8. Emulsifiers
5.8.1. Global Emulsifiers Sales and Growth Rate (2014-2018)
5.9. Fat replacers
5.9.1. Global Fat replacers Sales and Growth Rate (2014-2018)
6. Synthetic Food Market, By Application
6.1. Introduction
6.2. Global Synthetic Food Sales, Revenue and Market Share by Application (2014-2018)
6.2.1. Global Synthetic Food Sales and Sales Share by Application (2014-2018)
6.2.2. Global Synthetic Food Revenue and Revenue Share by Application (2014-2018)
6.3. Beverages
6.3.1. Global Beverages Sales and Growth Rate (2014-2018)
6.4. Dairy & Frozen Products
6.4.1. Global Dairy & Frozen Products Sales and Growth Rate (2014-2018)
6.5. Bakery & Confectionery
6.5.1. Global Bakery & Confectionery Sales and Growth Rate (2014-2018)
6.6. Meat
6.6.1. Global Meat Sales and Growth Rate (2014-2018)
6.7. Poultry & Seafood
6.7.1. Global Poultry & Seafood Sales and Growth Rate (2014-2018)
6.8. Processed Food
6.8.1. Global Processed Food Sales and Growth Rate (2014-2018)
6.9. Convenience Foods & Beverages
6.9.1. Global Convenience Foods & Beverages Sales and Growth Rate (2014-2018)
6.10. Sauces
6.10.1. Global Sauces Sales and Growth Rate (2014-2018)
6.11. Dressings
6.11.1. Global Dressings Sales and Growth Rate (2014-2018)
6.12. Spreads Savory and Snacks
6.12.1. Global Spreads Savory and Snacks Sales and Growth Rate (2014-2018)

…..CONTINUED FOR TOC

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