Food Additives Market, by Product Type, by Source, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Food additives are any substances used to enhance the texture and flavor of food. They are also used to improve the appearance and appeal of food products. Food additives prevent the spoilage of food products by avoiding contamination and by extending the shelf-life of food products. They can be naturally derived or prepared synthetically.

Market Dynamics

Increasing growth in the processed food industry is the underlying factor driving the global food additives market growth. According to the Food Export-Midwest and Food Export-Northeast, the retail sales in the packaged food market in China is projected to increase from US$77 billion in 2022 to US$409.5 billion by 2026. Growing per capita income around the world is creating demand for processed and other food products. According to the World Bank, GDP per capita (current US$) grew from US$ 10,936 in 2020 to US$ 12,262. This increase in income enhances purchasing power capacity of the consumers to purchase ready and instant food products.

Rising demand for functional food additives due to growing demand for food products with higher nutritional value is also expected to fuel the market growth of food additives. Consumers are gaining awareness regarding the healthy food products to prevent prevalence of chronic diseases such as diabetes, cardiovascular, blood pressure and others. According to the International Diabetes Federation, people living with diabetes has been projected to reach 783 million by 2045 from 643 million in 2030.

Growing demand for healthy & organic food products among health-conscious consumers as well as athletes is also driving the market growth of food additives. The use of organic food additives improve taste, texture, nutrition and appearance of the food products without hampering human health majorly. In April 2020, Nestle announced that the company would focus on improving health and nutrition in its products through vegan and healthy ingredients. Therefore rising demand for natural & organic food colors and flavoring agents due to the nutritional benefits provided by them is expected to boost the market growth.

Key features of the study:

This report provides an in-depth analysis of the global food additives market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global food additives market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Cargill Incorporated, Ajinomoto Co., Inc., Archer Daniels Midland, Alpha Ingredients Srl, Kerry Group, E. I. du Pont de Nemours and Company, Ingredion Incorporated, Chr. Hansen Holding A/S, BASF SE, Tate & Lyle PLC, and Novozymes A/S
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
The global food additives market report caters to various stakeholders in this industry including investors, suppliers, Food Additives manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food additives market

Detailed Segmentation:

Global Food Additives Market, By Product Type:
- Acidity Regulators
- Colorants
- Emulsifiers
- Enzymes
- Hydrocolloids
- Flavoring Agents
- Preservatives
- Sweeteners
Global Food Additives Market, By Source :
- Natural
- Synthetic
Global Food Additives Market, By Application:
- Bakery & Confectionery
- Dairy & Frozen Desserts
- Snacks & Convenience Food (Processed & Frozen)
- Beverages
- Meat & Poultry Products
- Others (Sauces, soups, and baby food)
Global Food Additives Market, By Region:
- North America
  - By Country:
- U.S.
- Canada
- Latin America
  - By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
  - By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
  - By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
  - By Country:
- Middle East
- Africa
Company Profiles
- Cargill Incorporated
  - Company Overview
  - Product Portfolio
  - Key Strategies
  - Recent Developments
  - Future Plans
- Ajinomoto Co., Inc.
- Archer Daniels Midland
- Alpha Ingredients Srl
- Kerry Group
- I. du Pont de Nemours and Company
- Ingredion Incorporated
- Hansen Holding A/S
- BASF SE
- Tate & Lyle PLC
- Novozymes A/S

"*" marked represents similar segmentation in other categories in the respective section

Product Code: CMI366

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Source
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Food Additives Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Food Additives Market - COVID-19
Impact Analysis

5. Global Food Additives Market, By Product Type , 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2022 - 2030
- Segment Trends
Acidity Regulators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Colorants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Emulsifiers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Enzymes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Hydrocolloids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Flavoring Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Preservatives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Sweeteners
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)

6. Global Food Additives Market, By Source, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2022 - 2030
- Segment Trends
Natural
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Synthetic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)

7. Global Food Additives Market, By Application, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2022 - 2030
- Segment Trends
Bakery & Confectionery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Dairy & Frozen Desserts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Snacks & Convenience Food (Processed & Frozen)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Meat & Poultry Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 - 2030, (US$ Million)

8. Global Food Additives Market, By Region, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2022 - 2030
North America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Product Type , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Source , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Countries
U.S.
Canada
Latin America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Product Type , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Source , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Product Type , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Source , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Product Type , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Source , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Product Type , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Source , 2017- 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
- Sub-Regions
Middle East
Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Cargill Incorporated
Company Overview
Product Portfolio
Recent Developments/Updates
- Ajinomoto Co., Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
- Archer Daniels Midland
Company Overview
Product Portfolio
Recent Developments/Updates
- Alpha Ingredients Srl
Company Overview
Product Portfolio
Recent Developments/Updates
- Kerry Group
Company Overview
Product Portfolio
Recent Developments/Updates
- I. du Pont de Nemours and Company
Company Overview
Product Portfolio
Recent Developments/Updates
- Ingredion Incorporated Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
- Hansen Holding A/S
Company Overview
Product Portfolio
Recent Developments/Updates
- BASF SE
Company Overview
Product Portfolio
Recent Developments/Updates
- Tate & Lyle PLC
Company Overview
Product Portfolio
Recent Developments/Updates
- Novozymes A/S
Company Overview
Product Portfolio
Recent Developments/Updates

10. Section

References
Research Methodology
About Us and Sales Contact
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Food Additives Market, by Product Type, by Source, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030