Food Additives Market (2023-2030): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | Ajinomoto Co., Inc. BASF SE Bunge Global SA

Food Additives market is anticipated to grow at a CAGR of 6.48% during the forecast period (2024-2031). Food additives are substances that are added to the food to preserve flavor or enhance taste, improve texture, extend shelf life, and enhance appearance. These food additives are of various types made from synthetic materials or natural substances. One of the major drivers of the market for the growth of the market is the increased use of processed, and ready-to-eat food. As it is easily available to the people and also it saves some time for them too. Processed food contains various types of food additives such as natural and synthetic.

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As the market has a positive side to it, it also contains a negative side to it. One of the restraints of the market is the fluctuation in the prices of the raw materials used for the making of these additives. One more restraint is the limited availability of some raw materials, which in turn increases the price of these additives which ultimately increases the price of all types of processed food.

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• Market Coverage
• Market number available for - 2024-2030
• Base year- 2023
• Forecast period- 2024-2030
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Food Additives Market by Source
o Natural
o Synthetic

Global Food Additives Market by Type
o Emulsifiers and Enzymes
o Sweeteners
o Hydrocolloids
o Others (Acidulants, Dietary Fibers, and many more)

Global Food Additives Market by Application
o Food
o Beverages

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Ajinomoto Co., Inc.
o BASF SE
o Bunge Global SA
o Cargill, Inc.
o Corbion NV
o Fooding Grp, Ltd.
o Givaudan
o Kerry Group plc
o Lonza Group Ltd.
o McCormick & Co.
o Novozymes
o Palsgaard
o PepsiCo, Inc.
o Roquette Frères
o Sensient Technologies Corp.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global Food Additives market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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