Global Food Additives Market report also includes qualitative insights into the market such as drivers, restraints, and value chain. We have discussed the India food additives market in detail along with the China food additives market in detail. Additionally, we have provided a glimpse of the global food & beverage industry. Global Food Additives Market Analysis to 2025 is a specialized and in-depth study of the food & beverage industry with a special focus on the global market trend analysis.
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Global Food Additives Market Size By Product [Flavors & Enhancers (Natural and Artificial), Sweeteners (High-intensity Sweeteners (HIS), High-fructose Corn Syrup (HFCS), and Others) Emulsifiers (Stearoyl Lactylates, Mono-, Di-Glycerides and Derivatives, Sorbitan Esters, Lecithin, and Others), Fat Replacers (Protein, Starch, and Others), Shelf-life stabilizers, Enzymes, Others), By Region and Forecast 2018 to 2025”. The study covers the global food additives market value and volume for a period ranging from 2015 to 2025.
Ajinomoto Co. Inc.
Archer Daniels Midland Company
Mitsubishi International Food Ingredients Inc.
Tate & Lyle
Chr. Hansen A/S
Global Food Additives Market size was valued at USD 44.61 billion in 2017. Expanding food industry coupled with increasing consumer spending is expected to drive the global market demand over the projected period. Increasing demand for food additives for taste enhancement, appearance, food safety, functional food ingredients, and texturizing has encouraged food and drink manufacturers. Increasing consumer demand for natural ingredients is expected to be a key challenge for artificial food additives.
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The global sugar production in 2017 was more than 180 million tons, which in turn is expected to propel sweeteners market growth. In addition, the availability of non-caloric and natural sweeteners is expected to subsequently drive the global food additives market. Increased usage in bread, cakes, whipped topping, coffee cream, margarine, tofu, ice cream, jam, cocoa, chocolate, fresh noodles, and mashed potatoes is expected to increase the market concentration of food emulsifiers. The global food emulsifier market is expected to grow at a CAGR of 5.9% over the projected period on account of adoption in different food production processes to improve quality.
Growing consumption in food & beverage industry to maintain and improve its freshness and enhance aroma, flavor, appearance, texture, and taste is expected to increase its demand over the coming years. Growing economy coupled with changing dietary habits in developing countries such India, China, Indonesia, and Brazil is expected to strengthen food & beverage industry, which in turn is expected to increase consumption of food additives over the projected period.
Asia Pacific was the fastest growing region in terms of consumer spending on eating out from period 2006-2017. Asia Pacific accounted for more than 20% of the global food additives market share in 2017. Growing confectionery and bakery industry in India, China, Japan, Indonesia, and Singapore is projected to offer a lucrative market opportunity for food additives manufacturers over the coming years. Manufacturers operating in this industry are adopting M&A strategy in order to strengthen their distribution network and increase production capacity to stay competitive in the food additives industry.
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