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Food Additives Market is Anticipated to Expand upto $68.04 Billion in 2029

08-26-2025 10:47 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Food Additives

Food Additives

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What Is the Forecasted Market Growth Rate of the Food Additives Industry?
In the past few years, there has been a consistent growth in the size of the food additives market. It is anticipated to rise from $50.73 billion in 2024 to $52.91 billion in 2025, marking a compound annual growth rate (CAGR) of 4.3%. The previous growth phase is linked with factors such as a surge in consumer requirements for convenience foods, governmental policies and safety norms, elevated levels of urbanization, health and wellness movements, and consumers' predilections for texture and taste.

How Will the Food Additives Market Size Evolve From 2025 to 2029?
The market size for food additives is projected to experience robust growth in the coming years, reaching a value of $68.04 billion in 2029 with a compound annual growth rate (CAGR) of 6.5%. The expected growth in this period can be credited to factors such as the preference for clean-label and natural additives, health and weight management concerns, prioritization of food safety, increasing global population, and advancements in biotechnology. The forecast period will likely witness significant trends such as demand for ethnic flavors, the impact of regenerative agriculture, emphasis on functional beverages, the rise of personalized nutrition and the need for transparency and traceability.

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What Are the Main Growth Drivers in the Food Additives Market Today?
The rising trend of consuming prepared meals is forecasted to drive the expansion of the food additives market in the future. Prepared meals, which are often referred to as ready-to-eat food, do not require any extra preparation such as cleaning or cooking, either by the food establishment or the consumer. To minimize the risk of spoilage due to microbial interactions and ensure better food quality, these prepared meals make use of various natural and synthetic preservatives. For example, a survey carried out by Japan-based trading firm, Itochu Corporation in August 2023 found that approximately 45% of 9,461 participants consume bento boxes, also known as RTE (ready-to-eat) lunch boxes, available at convenience stores. The findings revealed that over 10% of bento box purchasers consume them more than once every week, a behavior most common among male and younger consumers. Consequently, the escalating consumption of prepared meals is anticipated to fuel the growth of the food additives market in the future.

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Which Food Additives Market Segment Is Expected to Lead Through 2029?
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

Which Market Trends Are Expected to Dominate Food Additives Industry Growth?
Innovative product development is a leading trend catching attention in the domain of food additives. Numerous major firms engaged in the food additives market are focusing on inventing unique products to bolster their market standing. For instance, in May 2022, the American biotechnology company named Lifeasible introduced nine novel sweetener items within its food additives offerings, aiding researchers in formulating a wider range of healthier foods. The freshly released sweetener items by Lifeasible encompass Regular Stevia (80%-98%), Rebaudioside A, Rebaudioside E, Enzymatically Modified Stevia (EMS), Healthy ready-to-eat sugar, Sucralose, Xylitol, Erythritol, and Sorbitol. Sweeteners, which are materials infused into food or drinks to lend them sweetness, can either contain actual sugar or sugar substitutes that have been sweetened. Synthetic sweeteners are now extensively employed in commercial manufacturing of processed foods and beverages. Moreover, certain organic, sugar-free sweeteners, like glycyrrhizin found in licorice, also exist.

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Which Companies Hold the Largest Market Share in the Food Additives Sector?
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

Where Is the Food Additives Market Experiencing the Highest Growth?
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.

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