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 s

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


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 to grow from USD 99.2 billion in 2023 to 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 to meet a requirement like upgrading durability and preservation. New food additives are being created to 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 also present in the market. Commonly used natural food additives are salt and sugar which were used traditionally by people to preserve food and improve their flavour.

MARKET HIGHLIGHTS

Food Additives Market is expected to reach USD 164.1 billion, growing at a CAGR of 5.7% during forecast period owing to the high requirement for preserving food from spoilage by using food additives which is expected to boost the growth of the Food Additives market. Food additives are included indirectly into the food material to 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 to Boost the Growth of the Market

Growing Awareness on Consuming Natural Food Products is Expected to 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
  • Ajinomoto 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 to 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 to witness the fastest growth as well as to 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 to 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 into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*


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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