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Food Additives Market Size, Share, and Analysis, By Product Type (Bulk Sweeteners, Sugar Substitutes, Preservatives, Prebiotics, Probiotics, Anti-caking Agents, Enzymes, Emulsifiers, Hydrocolloids, Food Colorants, Food Flavours and Enhancers, Shelf-life stabilizers, Acidulants), By Source (Synthetic, Natural), By Application (Meat and Meat Products, Dairy and Desserts, Bakery and Confectionery, Beverages, Soups, Sauces, Dressings, Others) and Regional Forecasts, 2022-2032

November 2023 | 407 pages | ID: F4563EFACDD0EN
Fatpos Global

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Food Additives Market Size, Share, and Analysis, By Product Type (Bulk Sweeteners, Sugar Substitutes, Preservatives, Prebiotics, Probiotics, Anti-caking Agents, Enzymes, Emulsifiers, Hydrocolloids, Food Colorants, Food Flavours and Enhancers, Shelf-life stabilizers, Acidulants), By Source (Synthetic, Natural), By Application (Meat and Meat Products, Dairy and Desserts, Bakery and Confectionery, Beverages, Soups, Sauces, Dressings, Others) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Food Additives Market size was USD 88.85 billion in 2021 and projected t%li%grow from USD 99.2 billion in 2023 t%li%USD 164.1 billion by 2032, exhibiting a CAGR of 5.7% during the forecast period.

Food Additives are substances that improves the colour, flavour and aroma of food. Food additives are utilized t%li%meet a requirement like upgrading durability and preservation. New food additives are being created t%li%reach the increasing consumer demand for processed foods. Natural food additives are obtained from natural raw sources like plants, animals etc. and several synthetic food additives are als%li%present in the market. Commonly used natural food additives are salt and sugar which were used traditionally by people t%li%preserve food and improve their flavour.

MARKET HIGHLIGHTS

Food Additives Market is expected t%li%reach USD 164.1 billion, growing at a CAGR of 5.7% during forecast period owing t%li%the high requirement for preserving food from spoilage by using food additives which is expected t%li%boost the growth of the Food Additives market. Food additives are included indirectly int%li%the food material t%li%improve the handling of food when stored and packed. Food additives play a vital role in packaging and processed food industry as additives possesses property of improving palatability, increase shelf-life of product and enhancing taste of the food item.

Food Additives Market Segments:
  • Product Type
  • Bulk Sweeteners
  • Sugar Substitutes
  • Preservatives
  • Prebiotics
  • Probiotics
  • Anti-caking Agents
  • Enzymes
  • Emulsifiers
  • Hydrocolloids
  • Food Colorants
  • Food Flavours and Enhancers
  • Shelf-life stabilizers
  • Acidulants
  • Source
  • Synthetic
  • Natural
  • Application
  • Meat and Meat Products
  • Dairy and Desserts
  • Bakery and Confectionery
  • Beverages
  • Soups
  • Sauces
  • Dressings
  • Others
MARKET DYNAMICS

Growth Drivers

Growing Food Processing Industries is Expected t%li%Boost the Growth of the Market

Growing Awareness on Consuming Natural Food Products is Expected t%li%Boost the Growth of the Market

Restraint

Improper Awareness on Food Additives May Restrain the Growth of the Market

Key Players
  • Fooding Group Limited
  • Ingredion Incorporated
  • Novozymes Chr. Hansen Holding A/S
  • International Flavors & Fragrances, Inc.
  • Tate & Lyle Plc
  • Givaudan
  • BASF SE
  • ADM
  • Biospringer
  • Corbion
  • Sensient Technologies Corporation
  • The Kraft Heinz Company
  • Kerry
    • Ajinomot%li%Co., Inc.
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons t%li%Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
      • Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
    • The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
    • Provides insight int%li%the market through Value Chain
    • Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
  • 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2.Business Trends
1.3.Food Additives Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
  2.5.1. Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1.Market Definition
3.2.Food Additives Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data

4.FOOD ADDITIVES MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7. MARKET DYNAMICS

7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends

8.RISK ANALYSIS

9. MARKET ANALYSIS

9.1.Porters Five Forces
9.2. PEST Analysis
  9.2.1.Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10.FOOD ADDITIVES MARKET

10.1.Overview
10.2. Historical Analysis (2016-2021)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11. FOOD ADDITIVES MARKET SIZE & FORECAST 2022A-2032F

11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
  11.3.1. By Product Type
    11.3.1.1. Bulk Sweeteners
      11.3.1.1.1.By Value (USD Million) 2022-2032F
      11.3.1.1.2. Market Share (%) 2022-2032F
      11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.2.Sugar Substitutes
      11.3.1.2.1. By Value (USD Million) 2022-2032F
      11.3.1.2.2.Market Share (%) 2022-2032F
      11.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.3.Preservatives
      11.3.1.3.1. By Value (USD Million) 2022-2032F
      11.3.1.3.2.Market Share (%) 2022-2032F
      11.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.4.Prebiotics
      11.3.1.4.1. By Value (USD Million) 2022-2032F
      11.3.1.4.2.Market Share (%) 2022-2032F
      11.3.1.4.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.5.Probiotics
      11.3.1.5.1. By Value (USD Million) 2022-2032F
      11.3.1.5.2.Market Share (%) 2022-2032F
      11.3.1.5.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.6.Anti-caking Agents
      11.3.1.6.1. By Value (USD Million) 2022-2032F
      11.3.1.6.2.Market Share (%) 2022-2032F
      11.3.1.6.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.7.Enzymes
      11.3.1.7.1. By Value (USD Million) 2022-2032F
      11.3.1.7.2.Market Share (%) 2022-2032F
      11.3.1.7.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.8.Emulsifiers
      11.3.1.8.1. By Value (USD Million) 2022-2032F
      11.3.1.8.2.Market Share (%) 2022-2032F
      11.3.1.8.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.9.Hydrocolloids
      11.3.1.9.1. By Value (USD Million) 2022-2032F
      11.3.1.9.2.Market Share (%) 2022-2032F
      11.3.1.9.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.10.Food Colorants
      11.3.1.10.1. By Value (USD Million) 2022-2032F
      11.3.1.10.2.Market Share (%) 2022-2032F
      11.3.1.10.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.11. Food Flavours and Enhancers
      11.3.1.11.1.By Value (USD Million) 2022-2032F
      11.3.1.11.2. Market Share (%) 2022-2032F
      11.3.1.11.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.12.Shelf-life stabilizers
      11.3.1.12.1. By Value (USD Million) 2022-2032F
      11.3.1.12.2.Market Share (%) 2022-2032F
      11.3.1.12.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.13.Acidulants
      11.3.1.13.1. By Value (USD Million) 2022-2032F
      11.3.1.13.2.Market Share (%) 2022-2032F
      11.3.1.13.3.Y-o-Y Growth (%) 2022-2032F
  11.3.2. By Source
    11.3.2.1.Synthetic
      11.3.2.1.1. By Value (USD Million) 2022-2032F
      11.3.2.1.2.Market Share (%) 2022-2032F
      11.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
    11.3.2.2. Natural
      11.3.2.2.1.By Value (USD Million) 2022-2032F
      11.3.2.2.2. Market Share (%) 2022-2032F
      11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
  11.3.3.By Application
    11.3.3.1.Meat and Meat Products
      11.3.3.1.1. By Value (USD Million) 2022-2032F
      11.3.3.1.2.Market Share (%) 2022-2032F
      11.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
    11.3.3.2. Dairy and Desserts
      11.3.3.2.1.By Value (USD Million) 2022-2032F
      11.3.3.2.2. Market Share (%) 2022-2032F
      11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.3. Bakery and Confectionery
      11.3.3.3.1.By Value (USD Million) 2022-2032F
      11.3.3.3.2. Market Share (%) 2022-2032F
      11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.4. Beverages
      11.3.3.4.1.By Value (USD Million) 2022-2032F
      11.3.3.4.2. Market Share (%) 2022-2032F
      11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.5. Soups
      11.3.3.5.1.By Value (USD Million) 2022-2032F
      11.3.3.5.2. Market Share (%) 2022-2032F
      11.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.6. Sauces
      11.3.3.6.1.By Value (USD Million) 2022-2032F
      11.3.3.6.2. Market Share (%) 2022-2032F
      11.3.3.6.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.7. Dressings
      11.3.3.7.1.By Value (USD Million) 2022-2032F
      11.3.3.7.2. Market Share (%) 2022-2032F
      11.3.3.7.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.8. Others
      11.3.3.8.1.By Value (USD Million) 2022-2032F
      11.3.3.8.2. Market Share (%) 2022-2032F
      11.3.3.8.3. Y-o-Y Growth (%) 2022-2032F

12.NORTH AMERICA FOOD ADDITIVES MARKET SIZE & FORECAST 2022A-2032F

12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1. By Product Type
  12.3.2.By Source
  12.3.3.By Application
12.4. Country
  12.4.1. United States
  12.4.2.Canada

13.EUROPE FOOD ADDITIVES MARKET SIZE & FORECAST 2022A-2032F

13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1.By Product Type
  13.3.2.By Source
  13.3.3.By Application
13.4.Country
  13.4.1. Germany
  13.4.2.United Kingdom
  13.4.3.France
  13.4.4.Italy
  13.4.5.Spain
  13.4.6.Russia
  13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14.ASIA FOOD ADDITIVES MARKET SIZE & FORECAST 2022A-2032F

14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
  14.3.1.By Product Type
  14.3.2. By Source
  14.3.3. By Application
14.4. Country
  14.4.1. India
  14.4.2.China
  14.4.3.South Korea
  14.4.4.Japan
  14.4.5.Rest of APAC

15.MIDDLE EAST AND AFRICA FOOD ADDITIVES MARKET SIZE & FORECAST 2022A-2032F

15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1.By Product Type
  15.3.2.By Source
  15.3.3.By Application
15.4.Country
  15.4.1. Israel
  15.4.2.GCC
  15.4.3.North Africa
  15.4.4.South Africa
  15.4.5.Rest of Middle East and Africa

16. LATIN AMERICA FOOD ADDITIVES MARKET SIZE & FORECAST 2022A-2032F

16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1. By Product Type
  16.3.2.By Source
  16.3.3.By Application
16.4.Country
  16.4.1.Mexico
  16.4.2.Brazil
  16.4.3.Rest of Latin America

17. COMPETITIVE LANDSCAPE

17.1.Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders

18. COMPANY PROFILES

18.1. Fooding Group Limited
  18.1.1.Company Overview
  18.1.2. Financial Overview
  18.1.3. Key Product; Analysis
  18.1.4. Company Assessment
    18.1.4.1. Product Portfolio
    18.1.4.2. Key Clients
    18.1.4.3.Market Share
    18.1.4.4.Recent News & Development (Last 3 Yrs.)
    18.1.4.5.Executive Team
18.2.Ingredion Incorporated
18.3.Novozymes Chr. Hansen Holding A/S
18.4.International Flavors & Fragrances, Inc.
18.5.Tate & Lyle Plc
18.6.Givaudan
18.7.BASF SE
18.8.ADM
18.9.Biospringer
18.10.Corbion
18.11. Sensient Technologies Corporation
18.12.The Kraft Heinz Company
18.13.Kerry
18.14.Ajinomoto Co., Inc.
18.15.Other Prominent Players

19. APPENDIX

20.CONSULTANT RECOMMENDATION



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