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Food Additives Market - North America would dominate with Asia Pacific representing the most attractive market

03-15-2018 05:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Xpodence Research

Food Additives Market - North America would dominate with Asia

The market for food additives in North America region is witnessing a high growth and is anticipated to dominate the market share in terms of revenues for the forecast period. The market is dominated by the North American region, where the U.S. dominated the regional market with largest share at present. The market in Europe is projected to grow at steady rate while the market in Asia-Pacific is projected to grow at the highest CAGR. This growth may be attributed to the food & beverage sector in Asia-Pacific region, which is greatly influenced by consumer preferences for healthy eating, trend towards natural & organic foods, and the growing demand for convenience food. The trend in the Asia-Pacific region is influenced by the economic growth of countries, growing industrialization, and higher consumer preference for quality products, resulting in ingredient suppliers becoming increasingly optimistic about the future.

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Flavours and enhancers are primarily responsible for raising the commercial quality of foods and beverages. In addition to improving the nutritional value of consumables, these additives enhance their structures and aromas as well. Moreover, food and drinks manufacturers are increasingly preferring natural and customised enhancers and flavouring agents over artificial enhancers, spurring introduction of innovative additives in market.

Increasing mergers and acquisitions will continue to hold a strong positive impact on the additives market growth. M&A activities are increasingly favouring product offerings of leading companies, enhancing their presence in the global additives market.

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Manufacturers are highly on expanding their market share in the Asia Pacific region attributed to the growing demand for acidity regulators by the food & beverages industry. These regulators are used in sauces, condiments, bakery products, beverages, dressings etc. Some of the major players in the operating in the acidity regulators market include Cargill, Incorporated, Tate & Lyle Plc, Archer-Daniels-Midland Company, Ajinomoto Co., Inc., Roquette Frères S.A., Ingredion Incorporated, Purac Biochem B.V., Univar, The NutraSweet Company and Cumberland Packing among others.

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About Us-

Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.

We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.

The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.

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