Global Food Additives market to have rising investments and innovations in the sector from 2017-22
Food Additives Market by Type, by Source (Natural, Synthetic), by Application and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2017–2022).
(EMAILWIRE.COM, January 30, 2018 ) Global Food Additives market has been estimated at USD 40.50 Billion in 2017 and is projected to reach USD 53.56 Billion by 2022, at a CAGR of 5.75% during the forecast period from 2017 to 2022. Food additives are basically used for imparting specific desired properties to food products, enhancing food palatability in terms of food appearance & appeal, ensuring food safety through prevention of contamination, and through extended shelf-life of products. They have gained growing level of importance over the years owing to the diverse requirements of the food industry, end consumers.
The market for Food Additives is mainly driven due to growing consumption of food and beverages with high nutrition content and the better visual appeal, which are enhanced by food additives. Also, growing demand for packaged products including ready-to-eat meals, appetizers and frozen meals is also increasing the demand for additives. But, the market growth is declining due to stringent laws to determine the safe additives, which is making the process complex to register to new additives by companies.
Get a comprehensive overview of the Global Food Additives Market:
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Global market for Food Additives is segmented based on type, source and application. By type, the market is further sub-segmented into Acidulants, Anti-caking agents, Colors, Emulsifiers, Enzymes, Flavors, Hydrocolloids, Preservatives, Sweeteners. By Source, the market is further sub-segmented into Natural and Synthetic. By Application, the market is further sub-segmented into Bakery & confectionery, Beverages, Convenience foods, Dairy & frozen desserts, Spices & condiments, sauces & dressings. The flavors segment accounts for the largest market share followed by the sweeteners segment in the market by type. The demand for food additives in beverages accounted for the largest share, while the sauces, dressings, spices, condiments segment is projected to be the fastest-growing segments.
Geographically, Global market for Food Additives is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the biggest market in terms of market share across the globe, followed by Europe. Food Additives demand in the Europe region is increasing owing to growing importance of functional ingredients for incorporating properties such as emulsification, flavor, and extension of shelf life. The Food Additives market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly influenced by consumer preferences for healthy eating, trend towards natural & organic foods in the emerging economies.
Get accurate market forecast and analysis on the Global Food Additives Market. Request a sample to stay up-to-date on the main trends affecting this market:
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E.I. DuPont , Archer Daniels Midland Company, Cargill, Incorporated, CHR. Hansen Holding A/S, Kerry Group Plc, and BASF SE are the major players of Global Food Additives market.
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The market for Food Additives is mainly driven due to growing consumption of food and beverages with high nutrition content and the better visual appeal, which are enhanced by food additives. Also, growing demand for packaged products including ready-to-eat meals, appetizers and frozen meals is also increasing the demand for additives. But, the market growth is declining due to stringent laws to determine the safe additives, which is making the process complex to register to new additives by companies.
Get a comprehensive overview of the Global Food Additives Market:
http://www.marketdataforecast.com/market-reports/global-food-additives-market-1517/
Global market for Food Additives is segmented based on type, source and application. By type, the market is further sub-segmented into Acidulants, Anti-caking agents, Colors, Emulsifiers, Enzymes, Flavors, Hydrocolloids, Preservatives, Sweeteners. By Source, the market is further sub-segmented into Natural and Synthetic. By Application, the market is further sub-segmented into Bakery & confectionery, Beverages, Convenience foods, Dairy & frozen desserts, Spices & condiments, sauces & dressings. The flavors segment accounts for the largest market share followed by the sweeteners segment in the market by type. The demand for food additives in beverages accounted for the largest share, while the sauces, dressings, spices, condiments segment is projected to be the fastest-growing segments.
Geographically, Global market for Food Additives is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the biggest market in terms of market share across the globe, followed by Europe. Food Additives demand in the Europe region is increasing owing to growing importance of functional ingredients for incorporating properties such as emulsification, flavor, and extension of shelf life. The Food Additives market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly influenced by consumer preferences for healthy eating, trend towards natural & organic foods in the emerging economies.
Get accurate market forecast and analysis on the Global Food Additives Market. Request a sample to stay up-to-date on the main trends affecting this market:
http://www.marketdataforecast.com/market-reports/global-food-additives-market-1517/request-sample
E.I. DuPont , Archer Daniels Midland Company, Cargill, Incorporated, CHR. Hansen Holding A/S, Kerry Group Plc, and BASF SE are the major players of Global Food Additives market.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
More about Market Data Forecast
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
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Market Data Forecast
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Market Data Forecast
Abhishek Shukla
Tel: 8887029626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results