Press release
Global Food Additives Market Analysis 2022 with Top Manufactures - Tate & Lyle PLC, Chr. Hansen A/S, Koninklijke DSM N.V., Cargill, Ajinomoto Co., Inc., Chr. Hansen accomplished the purchase of its Turkey-based subsidiary
crystalmarketresearch.com Offers an widespread Research Study on the Global Food Additives Market, And Its Entire Ecosystem, Describes the Market Trends, best market price, Growth, Forecast, Drivers, Restraints And Opportunities Of The Food Additives Market.The global food additives industry is expected to witness rise due to varying customer interests and tastes about nutritional value and quality of the product. Increasing awareness levels among consumers regarding different types of tastes is also projected to act as crucial growth driving factor. An additive is integrated into a finished product to amend safety against hazardous germs and other types of microorganisms to extend shelf life. It also enhances properties like taste, color, and flavor in food products and enhances its nutritionary content. Increasing packaged products demand counting frozen meals, appetizers and ready-to-eat meals are projected to cause producers boosting their production output and hence increase demand. Increasing demand by consumers for high-value nutritional products and the exotic taste is encouraging manufacturers to expand elements that would augment the customer experience.
Industry Highlights:
In 2012, the Global Food Additives Industry was valued around USD 35.50 billion and is anticipated to reach approximately USD 61.63 billion while maintaining a compound annual growth rate (CAGR) of 5.09% during the forecast period.
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Competitive Insights 2018:
Global food additives market was ruled by market players like E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, Novozymes, and Ingredion Incorporated. Other major market players are Tate & Lyle PLC, Chr. Hansen A/S, Koninklijke DSM N.V., Cargill, Ajinomoto Co., Inc., . Chr. Hansen accomplished the purchase of its Turkey-based subsidiary, Peyma Chr. Hansen A.S., to reinforce and enlarge its activities in this region in August 2013. Ingredion Inc. inked a deal with Alliance Grain Traders for distribution of AGT’s bran ingredients, pulse flours, and protein. BASF SE, Adani Wilmar ltd., Bio Springer S.A., Lonza Group, Givaudan and Kerry Group. Many manufacturers are following the strategy to enhance their presence in the value chain by forward and backward integration
Industry Outlook 2018 and Trend Analysis:
In 2014, enhancers and flavors were top product segment, producing revenues around USD 11.99 billion. Rising customer demand for sugar-free and low salt products due to their health benefits is anticipated to fuel the market growth. Natural flavors section is projected to grow at a compound annual growth rate of 5.2% over next few years. Increasing awareness levels among consumers about the benefits of neem and herbs as natural flavors are boosting the market growth.
Moreover, governmental support intended to improve the production yield of naturally derived products is estimated to boost its significance during the forecast period. Sweeteners are mainly used to render a sweet taste in manufacturing food and beverages products. Additionally, growing health concerns about diarrhea, tooth decay and diabetes and growing the significance of low-calorie products are anticipated to strengthen the sugar substitutes’ demand such as high fructose corn syrup (HFCS) and high-intensity sugars (HIS). The section is projected to grow at a compound annual growth rate of 4.7% during the forecast years.
Regional Outlook:
On a global front, the Food Additives Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA).
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Main TOC of Food Additives Market:
Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview
Chapter4. Market Analysis by Regions
Chapter5. Food Additives Market, By Product
Chapter6. Food Additives Market, By Application
Chapter9. Company Profiles
6.6. Ajinomoto Co., Inc.
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Strategic Developments
6.7. Cargill Inc.
6.7.1. Business Overview
6.7.2. Product Portfolio
6.7.3. Key Financials
6.7.4. Strategic Developments
6.8. Mitsubishi International Food Ingredients, Inc.
6.8.1. Business Overview
6.8.2. Product Portfolio
6.8.3. Strategic Developments
6.9. BASF SE
6.9.1. Business Overview
6.9.2. Product Portfolio
6.9.3. Key Financials
6.9.4. Strategic Developments
6.10. Adani Wilmar Ltd.
6.10.1. Business Overview
6.10.2. Product Portfolio
6.10.3. Key Financials
6.10.4. Strategic Developments
…CONTINUED FOR TOC
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