Germany Food Additives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Germany Food Additives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The German food additives market is projected to register a CAGR of 3.34% during the forecast period (2020- 2025).

Key Highlights

• The German food industry is dynamic, assertive, and balanced. It is developing new products that address the demands of the domestic and export markets. Food processing is the fourth-largest industry in Germany, which creates greater opportunities for global players to expand their business in the country.
• The demand for sustainable food ingredients, like specialty food enzymes, and sweeteners, is growing, owing to the rising income levels and changing consumer preferences, due to hectic life schedules and environmental concerns.

Key Market TrendsObesity and Overweight in Germany, Leveraging Opportunity for Manufacturers

Germans consider healthy food as a sustainable way to overcome lifestyle concerns, such as obesity, diabetes, and celiac diseases, where specialty ingredients play an important role. Across the country, people have easy access to cheap, high-calorie fast food and ready meals. As a result, the average body mass index (BMI) has shot up across the developed world and beyond. This has led key food manufacturers to incorporate functional food additives, such as low-calorie or reduced sugar sweeteners, in various food applications, such as bakery and other processed foods, especially targeting the on-the-go snacking options, in order to make it a healthier option for the consumers.

Sweeteners Dominates the Overall Market

Germany is the largest and fastest-growing food sweetener market in Europe. Currently, the consumption of sugar substitute is increasing rapidly in the country, due to consumer awareness and government regulations to reduce sugar consumption and applications in many health and wellness food products in the market. Moreover, Germany has a large domestic production of bakery products owing to higher consumption, and thus, the growing bakery and confectionery industry of the country further cater to the growth of the sweeteners market in Germany.

Competitive Landscape

Cargill, Tate & Lyle, CHR Hansen A/S, and Kerry Group have an extensive product portfolio for food additives, such as enzymes, emulsifiers, flavors, colors, and stabilizers. Moreover, major companies, like Cargill and Ingredion, are majorly focusing on the expansion of product innovation within all categories, trying to gain their position in the market. Moreover, other companies have also incorporated strategies, such as new agreements and partnerships to increase their footprint in the country and release new products according to the consumers’ changing preferences. In 2019, CLADIA ingredients became the exclusive distributor of Cargill Ingredients, like sweeteners, starch, and texturizers, in Germany by signing a strategic agreement.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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