Food Additives Market By Size, Share, Trends, Growth, and Forecast, 2028

Report Description

Global food additives market is expected to undergo significant growth by 2028 owing to growing utilization of additives in food & beverage industry as preservative, emulsifier, flavor enhancer, sweetener and colorant. The rising demand for packaged food and beverages due to the hectic lifestyle is also propelling the demand for food additives.

Increasing disposable income coupled with rising trend of healthy eating is expected to drive the global food additives market during the forecast period. Also, the increasing focus of food and beverages companies on new flavor, variants and texture is leading to more adoption of food additives. The primary function of food additive is to prevent the spoilage and wastage of food products and thus to reduce the overall production cost.

The global food additives market is segmented based on type, source, application and region Based on type, the market is segmented into acidulants, anti-caking agents, colors, emulsifiers, enzymes, flavors, hydrocolloids, preservatives markets and sweeteners. The sweeteners segment accounted for the largest share in the global food additives market and is expected to dominate during the forecast period as they are highly being used as a substitute of refined sugar. However, the enzymes segment is also undergoing rapid growth owing to their low cost compared to artificial chemicals.

Based on application, the global food additives market is segmented into bakery & confectionery, beverages, convenience foods, dairy & frozen desserts, spices, condiments, sauces & dressings and others. The bakery & confectionary segment is anticipated to witness fastest growth during the forecast period as food additives are extensively being used in bakery items like cakes, biscuits & cookies, chocolates, sandwiches and breads. Flavor enhancers and sweeteners are common food additives used in bakery and confectionary items.

Some of the key players in global food additives market are BASF SE, Cargill, Incorporated, DuPont, Archer Daniels Midland Company, Adani Wilmer, Ajinomoto Co., Inc., Eastman Chemical Company, Frutarom, Danisco, Associated British Foods Plc, Tata & Lyle, Royal DSM NV, among others. Leading companies are focusing on research and development activities to bring new and innovative products which are according to the present health-conscious consumers. They are also widening their production capabilities to make their strong global presence.

Objective of the Study:

To outline, classify and estimate the global food additives market on the basis of type, source, application and regional distribution.
To study and forecast the global market size of the food additives, in terms of value and volume.
To project the size of food additives market, in terms of value and volume, with respect to key types such as preservatives, sweeteners, emulsifiers, anti-caking agents, enzymes, food flavors & enhancers, food colorants, acidulants and others.
To understand the regional market structure of food additives market, the global food additives market is segmented in five regions, namely – Asia-Pacific, North America, Europe, Middle East & Africa and South America and forecast the market size, in terms of value and volume.
To identify the detailed information about the prime factors affecting the global food additives market.
To evaluate competitor pricing, average market selling prices and margins in the global food additives market.
To examine competitive developments such as expansions, government policy and investments, new entrants in the global food additives market.
To strategically profile the leading players in the market which are involved in the manufacturing and supply of food additives worldwide.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading food additives manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, manufacturing plant location, prices of products and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the types, applications, distribution network and regional presence of all major Food Additives manufacturers across the globe.

TechSci Research calculated the market size for global food additives using a bottom-up approach, where manufacturers’ value sales data for standard types were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

Food additives manufacturers and suppliers
Types of food additives such as preservatives, sweeteners, emulsifiers, anti-caking agents, enzymes, food flavors & enhancers, food colorants, acidulants and others
Research organizations and consulting companies
Trade associations, organizations, forums and alliances related to food additives
Government bodies such as regulating authorities and policy makers
Industry associations
Market research and consulting firm

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as food additives manufacturers, distributors and dealers, customers and policy makers. which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.

Attribute	Details
Base Year	2022
Historical Years	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	· Type · Source · Application
Regional Scope	North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa
Country Scope	United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt
Key Companies Profiled	BASF SE, Cargill, Incorporated, DuPont, Archer Daniels Midland Company, Adani Wilmer, Ajinomoto Co., Inc., Eastman Chemical Company, Frutarom, Danisco, Associated British Foods Plc, Tata & Lyle, Royal DSM NV.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the food additives market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

Global Food Additives Market, By Type:

Acidulants
Anti-Caking Agents
Colors
Emulsifiers
Enzymes
Flavors
Hydrocolloids
Preservatives Markets
Sweeteners

Global Food Additives Market, By Source:

Natural
Synthetic

Global Food Additives Market, By Application:

Bakery & Confectionery
Beverages
Convenience Foods
Dairy & Frozen Desserts
Spices
Condiments
Sauces & Dressings
Others

Global Food Additives Market, By Geography:

Asia-Pacific

China
India
Japan
South Korea
Indonesia
Rest of APAC

North America

U. S.
Canada
Mexico
Rest of North America

Europe

Germany
U.K.
France
Italy
Spain
Rest of Europe

Middle East & Africa

Saudi Arabia
UAE
Iran
South Africa

South America

Brazil
Colombia
Argentina
Rest of South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global food additives market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Food Additives Market

4. Executive Summary

5. Global Food Additives Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type (Acidulants, Anti-Caking Agents, Colors, Emulsifiers, Enzymes, Flavors, Hydrocolloids, Preservatives Markets, Sweeteners)

5.2.2. By Source (Natural, Synthetic)

5.2.3. By Application (Bakery & Confectionery, Beverages, Convenience Foods, Dairy & Frozen Desserts, Spices, Condiments, Sauces & Dressings, Others)

5.2.4. By Region (Asia-Pacific, North America, Europe, South America, MEA)

5.2.5. By Company (2022)

5.3. Market Attractiveness Index

6. Asia-Pacific Food Additives Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By Source

6.2.3. By Application

6.2.4. By Country

6.3. Asia-Pacific: Country Analysis

6.3.1. China Food Additives Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Source

6.3.1.2.2. By Application

6.3.2. India Food Additives Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Source

6.3.2.2.2. By Application

6.3.3. Japan Food Additives Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Source

6.3.3.2.2. By Application

6.3.4. South Korea Food Additives Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Source

6.3.4.2.2. By Application

6.3.5. Indonesia Food Additives Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Source

6.3.5.2.2. By Application

7. Europe Food Additives Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Source

7.2.3. By Application

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. France Food Additives Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Source

7.3.1.2.2. By Application

7.3.2. Germany Food Additives Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By Source

7.3.2.2.3. By Application

7.3.3. United Kingdom Food Additives Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Source

7.3.3.2.2. By Application

7.3.4. Spain Food Additives Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Source

7.3.4.2.2. By Application

7.3.5. Italy Food Additives Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Source

7.3.5.2.2. By Application

8. North America Food Additives Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Source

8.2.3. By Application

8.2.4. By Country

8.3. North America: Country Analysis

8.3.1. United States Food Additives Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Source

8.3.1.2.2. By Application

8.3.2. Mexico Food Additives Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Source

8.3.2.2.2. By Application

8.3.3. Canada Food Additives Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Source

8.3.3.2.2. By Application

9. South America Food Additives Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Source

9.2.3. By Application

9.2.4. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Food Additives Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Source

9.3.1.2.2. By Application

9.3.2. Argentina Food Additives Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Source

9.3.2.2.2. By Application

9.3.3. Colombia Food Additives Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Source

9.3.3.2.2. By Application

10. Middle East and Africa Food Additives Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Source

10.2.3. By Application

10.2.4. By Country

10.3. MEA: Country Analysis

10.3.1. South Africa Food Additives Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Source

10.3.1.2.2. By Application

10.3.2. Saudi Arabia Food Additives Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Source

10.3.2.2.2. By Application

10.3.3. UAE Food Additives Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Source

10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

13. Pricing Analysis

14. Competitive Landscape

14.1. Players Profiled (Leading Companies)

14.1.1. BASF SE

14.1.2. Cargill, Incorporated

14.1.3. DuPont

14.1.4. Archer Daniels Midland Company

14.1.5. Adani Wilmer

14.1.6. Ajinomoto Co., Inc.

14.1.7. Eastman Chemical Company

14.1.8. Frutarom

14.1.9. Danisco

14.1.10. Associated British Foods Plc

14.1.11. Tata & Lyle

14.1.12. Royal DSM NV

Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the major drivers of the global food additives market?

Rising health concerns and growing disposable income of the consumers, and surge in female participation in sports and recreational activities are driving the demand of the global food additives market.

Who are the leading operating market players in the global food additives market?

BASF SE, Cargill, Incorporated, DuPont, Archer Daniels Midland Company, Adani Wilmer, Ajinomoto Co., Inc., Eastman Chemical Company, Frutarom, Danisco, Associated British Foods Plc, Tata & Lyle, Royal DSM NV are the major market players operating in the global food additives market.

Which region is expected to lead the global food additives market?

Asia-pacific is dominating the market and is expected to maintain its dominance throughout the forecast period due to constant increase in the population, growing disposable income of consumers, and rise in the number of market players to cater to the needs for personal and commercial use.

What application is expected to dominate the global food additives market in the forecast period?

Based on application, the market is divided into bakery & confectionery, beverages, convenience foods, dairy & frozen desserts, spices, condiments, sauces & dressings, and others. The bakery & confectionery segment is expected to hold the largest market share in the forecast period due to the growing expenditure capacity of consumers and the high demand for food additives in bakery edibles such as cake, biscuits, pastries, among others.

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