Middle East and Africa Food Additives Market is Expected to reach USD 4.25 billion by 2021

Middle-East and Africa Food Additives Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 5.57% to reach USD 4.25 billion by 2021, from USD 3.24 billion in 2016.

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Food additives are ingredients which are added to the end food products to improve the appearance and taste. They are being utilized for the preservation of food by salting as in the case of bacon, sulfur dioxide for wines, pickling, etc. Food additives can be of both natural and artificial origin.

Key factors which affect and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are

• Due to increasing supply chain complexities/inefficiencies in the food and beverage industry which is making them resort to food additives which helps in conserving as well as improving the taste of the products
• Due to strong organic movement, combined with decreasing reliance on synthetic chemicals owing to adverse effects on human health.

For granular level understanding the Food Additives Market is segmented based on Type, Source and Application, each being provided with Market Size Estimations and Y-o-Y Forecasts.

Based on Type:
 Acidulants
 Anti-caking agents
 Colors
 Emulsifiers
 Enzymes
 Flavors
 Hydrocolloids
 Preservatives
 Sweeteners
Based on Source:
 Natural
 Synthetic
Based on Application:
 Bakery & confectionery
 Beverages
 Convenience foods
 Dairy & frozen desserts
 Other Applications

Geographically, Middle-East and Africa market for Food Additives is segmented into Middle-East region and Africa region. The Food Additives market in the Middle-East and Africa region is projected to grow at a high CAGR, due to many foreign companies entering the emerging economies through partnerships as they see the developed countries as developed markets in terms of revenue growth. Also, this area is likely to be a high potential market owing to growing domestic consumption coupled with government support to attract new investment.

Some of the key players that operate in the Middle-East and Africa Food Additives Market include E.I. DuPont, Kerry Group Plc, BASF SE, Cargill, Incorporated, CHR. Hansen Holding A/S, and Archer Daniels Midland Company
Companies operating in this market particularly focus on acquisition and merger strategy in order to upgrade its market position.

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