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Global Food Additive Industry Analysis by Product Type, Source, Applications, Regions, Market Size and Forecast from 2018-2025

Global Food Additives Market Growth

Global Food Additives Market Growth

Global Food Additive Market by Product Type (Acidity Regulators, Sweeteners, Colorants, Flavoring Agents, Emulsifiers, Food Preservatives, Anti-Caking Agents & Others), by Source (Natural & Synthetic), by Application (Bakery & Confectionery, Meat & Meat Products, Beverages, Dairy Products & Others), by Region; Size and Forecast, 2018-2025.

Global Food Additive market report provides analysis for the period 2016–2025, wherein the period from 2018 to 2025 is the forecast period and 2017 is base year. The market study reveals that the global food additive market is expected to grow over a CAGR of 4% during 2018-2025 in terms of value. The market is expected to reach around USD 60 billion by 2025. This growth is driven by a numerous reasons such as, growing demand for processed and packaged food among consumers across the globe, coupled with technology innovation in the overall Food & Beverage industry.

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The market overview section of the report demonstrates market dynamics such as, drivers and restraints that talks about the current nature and future scenario of the said market, key market indicators and raw material analysis. Further, key market indicators included in the report provide the significant factors which are capable to define the market position of global food additive market. Furthermore, various analysis methods like Porter’s, Pestle are also included in the report to provide an in-depth view of the market scenario.

Growing demand for convenience or ready-to-eat food is driving the Global Food Additive Market

Food Additives are used to slower the product spoilage caused by air, bacteria, mold, fungi or yeast. Moreover, in order to maintain the quality of food, they support to control contamination caused by food-borne diseases. Food Additives has increased rapidly both technologically and by application in the recent years. These technological advancements have acted as a breakthrough for improved natural food additives that are beneficial for health as well.

The factors that enhance the global food additive market are increasing demand for packaged and processed food that are easily available in the market and can be stored for a longer time, coupled with the technology innovation in the overall Food & Beverage industry.

The key driver for the global food additive market is increasing disposable income and rapid urbanization in developing countries, like India and China, that results in demand for processed and packaged food. Moreover, major food additives, like vitamins and minerals, are added in order to enhance the nutritional quality of food. As per the US Food & Drug Administration, such fortification helps to reduce malnutrition in the US and across the globe. As per the Department of Industrial Policies and Promotion (DIPP), the package and processed food sector in India have received around USD 7.54 billion worth of Foreign Direct Investment (FDI) during the period April 2000-March 2017. Thus, the food additive market is growing rapidly, owing to the demand for processed and packaged food.

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Scope of the Report
On the basis of the type of product type, the market is segmented into Acidity Regulator, Sweetener, Colorant, Flavoring Agent, Emulsifier, Food Preservative, Anti-Caking & Others. Based on the source of Food Additive, the market is segmented into Natural Source & Synthetic Source. Further the market is bifurcated into Bakery & Confectionery, Meat & Meat Products, Beverage, Dairy Product & Others. Finally, the report covers the analysis of these segments across North America, Europe, Asia Pacific, Middle East, and Africa & Latin America along with the qualitative analysis for market estimates that boosts the growth of the global food additive market during the forecast period.

The report also highlights the competitive landscape of the global food additive market that includes the company overview, products & offerings, strategic decisions taken by the company, launch of new products, technology landscape and financial highlights.

Competitive Dynamics
Major industry players in global food additive market are adopting different strategic initiatives such as mergers and acquisitions, partnerships, and collaborations for strategic expansion in the food additive market. For instance, BASF has successfully completed acquisition of business and assets from Bayer. This will strengthen their agriculture sector production.

Market Segmentation
• By Product Type
• By Source
• By Application

By Region
• North America
• Europe
• Asia Pacific
• Middle East
• Africa
• Latin America

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About BlueWeave Consulting & Research Pvt Ltd. (BWC)

BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth.

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