Press release
Food Additives Market Growth Rate (CAGR of 5.49%) , Share, Analysis, Outlook and Forecast 2023-2028
Food Additives Market
How Big is the Food Additives Market?
The global food additives market size reached US$ 56.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 78.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.49% during 2023-2028.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/food-additives-market/requestsample
What are Food Additives?
Food additives are substances, natural or synthetic, added to food to enhance its taste, appearance, or longevity. Additives come in various types like preservatives, sweeteners, colorants, flavour enhancers, and emulsifiers. They aim to improve food's shelf-life and sensory attributes while adhering to safety standards. Food additives maintain product consistency, improve nutritional value, and enhance food's taste and appearance. They aid in food processing, improving its flow properties, stability, and dispersibility. Food additives are widely used in the processed food industry, including canned foods, bakery products, and soft drinks. The dairy industry uses additives for enhancing flavour and shelf-life, while the meat and poultry sector uses them for preservation. They're also vital in the beverage industry for maintaining flavour and stability.
What are the Growth Prospects and Trends in the Food Additives Industry?
The increasing demand for processed and convenience food is significantly driving the growth of the food additives market. Moreover, consumer awareness about food safety and quality is continually escalating, making food additives more desirable for their preservative properties. The rapid innovation in food technology is propelling the need for additives to meet various processing requirements. The globalization and international trade of food products are necessitating the use of food additives to increase shelf-life. The rising population and urbanization are constantly catalysing the demand for more food products, thereby stimulating the food additives market. The health-conscious consumers are now seeking foods with enhanced nutritional profiles, promoting the use of certain additives. The growing vegan and plant-based movement is driving the need for unique additives to replicate traditional food experiences which is creating a positive outlook for the market. Other factors such as rising disposable income and regulatory bodies constantly revising food safety standards are fostering the market growth for food additives across the globe.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=2051&method=1
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Who are the Key Players Operating in the Food Additives Market?
The competitive landscape of the industry has also been examined with some of the key players.
โข Ajinomoto Co. Inc.
โข Archer Daniels Midland
โข BASF SE
โข Cargill Incorporated
โข Hansen A/S
โข Corbion N.V.
โข Dow Chemical Company
โข Eastman Chemical Company
โข Givaudan
โข Ingredion Incorporated
โข Kerry Group
โข Koninklijke DSM N.V.
โข Novozymes A/S
โข Tate & Lyle
What is Included in Market Segmentation?
The report has categorized the market based on product type, source and application.
Breakup by Product Type:
โข Colorants
o Synthetic Food Colorants
o Natural Food Colorants
โข Emulsifiers
o Mono, Di-glycerides & Derivatives
o Lecithin
o Sorbate Esters
โข Enzymes
o Carbohydrase
o Protease
o Lipase
โข Fat Replacers
o Protein
o Starch
o Others
โข Flavors and Enhancers
o Natural Flavors
o Artificial Flavor & Enhancers
โข Shelf-life Stabilizers
โข Sweeteners
o HIS
o HFCS
o Others
โข Others
Analysed by Source:
โข Natural
โข Synthetic
Based on Application:
โข Bakery & Confectionery
โข Beverages
โข Convenience Foods
โข Dairy & Frozen Desserts
โข Spices, Condiments, Sauces & Dressings
โข Others
Regional Analysis:
โข North America (United States, Canada)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
๐๐ฉ๐๐๐ค ๐ญ๐จ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ (๐๐% ๐ ๐ซ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง): https://www.imarcgroup.com/request?type=report&id=2051&flag=C
Key Highlights of the Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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