Food Additives Market - MarketsandMarkets

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MarketsandMarkets Presents
Food Additives Market worth 52.2 Billion USD by
2020
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od-additives-market-270.html
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The report Food Additives Market by Type
(Acidulants, Colors, Emulsifiers, Flavors,
Hydrocolloids, Preservatives, Sweeteners), Source
(Natural, Synthetic), Application (Bakery
Confectionery, Beverages, Dairy Frozen
Desserts), by Region - Global Forecast to
2020, defines and segments the food additives
market with analyses and projections of the size
of the market in terms of value. It also
identifies the driving and restraining factors of
the market with analysis of trends,
opportunities, and challenges. The market is
segmented and projected on the basis of regions
into North America, Europe, Asia-Pacific, and the
Rest of the World (RoW). Browse 83 market data
tables and 70 figures spread through 175 pages
and in-depth TOC on Food Additives Market by
Type (Acidulants, Colors, Emulsifiers, Flavors,
Hydrocolloids, Preservatives, Sweeteners), Source
(Natural, Synthetic), Application (Bakery
Confectionery, Beverages, Dairy Frozen
Desserts), by Region - Global Forecast to 2020
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food-additives-market-270.html Early buyers
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The food additives market, in terms of value, is
projected to reach USD 52.2 Billion by 2020, at a
CAGR of 5.6 from 2015. In this report, the food
additives market is segmented by type, source,
application, and region, and analyzed in terms of
value (USD million). The market for food
additives has a significant impact on the
development of the global food beverage sector.
Food additives are broadly categorized into
acidulants, anti-caking agents, colors,
emulsifiers, enzymes, flavors, hydrocolloids,
preservatives, and sweeteners on the basis of
type. Key countries that accounted for a large
share in each region have been studied
individually. The market size for the remaining
countries in the respective regions has been
studied collectively as a single market at the
end of each of the respective segments. In 2014,
North America contributed to the largest market
share for food additives followed by
Europe. Flavors Largest market segment The
flavors segment accounted for the largest market
share in 2014 followed by the sweeteners segment
in the food additives market. Flavors and
sweeteners have been witnessing significant
growth as an important component in food products
due to the different flavor demands, which vary
across different regions. The consumption of
sweeteners in food products has attained global
importance owing to its sugar substitution
ability thereby impacting the health of
consumers.
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od-additives-market-270.html
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Food additives market, by application The food
additives market consists of five application
categories, namely, bakery confectionery,
beverage, convenience foods, dairy frozen
desserts, sauces, dressings, spices condiments,
and others, which include meat products, extruded
products, oils fats, and others. The demand for
food additives in beverages accounted for the
largest share in 2014, while the sauces,
dressings, spices, condiments segment is
projected to be the fastest-growing from 2015 to
2020. The rising population, growing demand for
food, need for food preservation, growing
concerns towards food safety due to
contamination, rising health concerns, consumer
demand for better quality, and increasing
consumption of premium food products have been
the important reasons driving the demand for food
additives such as acidulants, anti-caking agents,
colors, emulsifiers, enzymes, flavors,
hydrocolloids, preservatives, and sweeteners.
Owing to this, additives have gained global
importance over the years, and are being
increasingly used in existing as well as new
emerging food applications. Companies such as
E.I. DuPont (U.S.), Archer Daniels Midland
Company (U.S.), Cargill, Incorporated (U.S.),
CHR. Hansen Holding A/S (Denmark), Kerry Group
Plc (Ireland), and BASF SE (Germany) are some of
the players with a strong portfolio in this
market. These companies have also been developing
products that suit the demands of manufacturers
who require specific characteristics in their
product. Leading brands have been involved in
extending the market share in developed as well
as developing regions.
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