Food Additives Market Expected to Achieve 6.9% CAGR by 2029: Growth Forecast Insights

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

How Large Will the Food Additives Market Size By 2025?
The market size for food additives has witnessed significant expansion in the past few years. The market, currently valued at $50.73 billion in 2024, is projected to increment to $53.65 billion in 2025, showcasing a compounded annual growth rate (CAGR) of 5.8%. Several factors, including the rise in consumer demand for convenience foods, government rules and security measures, escalating urbanization, health consciousness, and consumer taste and texture preferences are contributing immensely to the historic period's growth.

How Big Is the Food Additives Market Size Expected to Grow by 2029?
The market size of food additives is predicted to witness substantial growth in the upcoming years, with a projection to attain a value of $70.04 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.9%. This expected growth over the forecast period is credited to factors such as the increase in demand for natural and clean-label additives, attention on food safety, rising global population, progress in biotechnology, and concerns over health & obesity management. Emerging trends expected to drive the market during the forecast period include a surge in demand for ethnic flavors, the influence of regenerative agriculture, an emphasis on functional beverages, the rise of personalized nutrition, and the importance of transparency & traceability.

View the full report here:
https://www.thebusinessresearchcompany.com/report/food-additives-global-market-report

Which Key Market Drivers Powering Food Additives Market Expansion and Growth?
The rise in the demand for ready-to-eat food is predicted to accelerate the expansion of the food additives market in the future. Ready-to-eat food refers to food products that can be consumed as is without the need for any further preparation, washing, or cooking by the food service or consumer. These foods often contain a variety of natural and synthetic preservatives to minimize the possibility of microbial spoilage and enhance food quality. For example, a study by Itochu Corporation, a Japan-based trading firm, in August 2023 revealed that approximately 45% of the 9,461 participants confirmed that they regularly purchase bento boxes, also known as ready-to-eat lunch boxes, from convenience stores. The findings indicated that over 10% of bento buyers consume them more frequently than once per week. This trend is particularly notable among male and youthful customers. Hence, it is anticipated that the escalating consumption of ready-to-eat foods will inject further momentum into the growth of the food additives market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8968&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Food Additives Market?
A prevailing trend observed in the food additives market is the emphasis on product innovation. Key firms in this market are directing efforts towards the creation of groundbreaking products to consolidate their market standing. For instance, Lifeasible, a biotech firm based in the US, introduced nine new sweetener products in May 2022 as additions to its food additives line-up, thereby assisting researchers in crafting a broader array of healthier food options. These newly released sweetener products by Lifeasible include Regular Stevia ranging from 80% to 98%, Rebaudioside A and E, Enzymatically Modified Stevia (EMS), Healthy ready-to-eat sugar, Sucralose, Xylitol, Erythritol, and Sorbitol. A sweetener is a substance introduced to food or drinks to bestow a sweet taste, either due to its inherent sugar content or a sweetened sugar substitute. The majority of commercially prepared processed food and drinks make extensive use of artificial sweeteners. Among non-sugar sweeteners that are organic, glycyrrhizin found in licorice is one such example.

What Are the Emerging Segments in the Food Additives Market?
The food additives market covered in this report is segmented -

1) By Product: Preservatives, Bulk Sweeteners, Sugar Substitutes, Emulsifiers, Anti-Caking Agents, Enzymes, Food Flavors, Food Colorants, Acidulants
2) By Source: Synthetic, Natural
3) By Application: Beverages, Bakery, Confectionery, Sauces And Dressings, Dairy, Other Applications

Subsegments:
1) By Preservatives: Natural Preservatives, Synthetic Preservatives
2) By Bulk Sweeteners: High-Fructose Corn Syrup, Sugars
3) By Sugar Substitutes: Artificial Sweeteners, Natural Sweeteners
4) By Emulsifiers: Lecithin, Mono-And Diglycerides
5) By Anti-Caking Agents: Silicates, Phosphates
6) By Enzymes: Proteases, Amylases
7) By Food Flavors: Natural Flavors, Artificial Flavors
8) By Food Colorants: Natural Colorants, Synthetic Colorants
9) By Acidulants: Citric Acid, Lactic Acid

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8968&type=smp

Who Are the Global Leaders in the Food Additives Market?
Major companies operating in the food additives market are Ajinomoto Co Inc., Archer Daniels Midland Company, Badische Anilin und Soda Fabrik, Cargill Incorporated, Chr. Hansen Holding A/S, Givuadan SA, Ingredion Incorporated, Kerry Group Plc., Tate & Lyle Plc., Novozymes A/S, Koninklijke DSM N.V., Evonik Industries AG, Lonza Group AG, Corbion N.V., DuPont de Nemours Inc., AGRANA Beteiligungs AG, International Flavors & Fragrances Inc., Biospringer, Ingredaco, Palmer Holland Inc., TRInternational Inc., Eastman Chemical Company, Palsgaard, DSM NV, Royal DSM

Which are the Top Profitable Regional Markets for the Food Additives Industry?
Asia-Pacific was the largest region in the food additives market share in 2024. The regions covered in the food additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8968

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.