Food Additives Market by Type, Source, Form, Application

List of Tables

[182 Pages Report] The Food Additives Market size was estimated at USD 61.58 billion in 2022 and expected to reach USD 64.74 billion in 2023, at a CAGR 5.45% to reach USD 94.16 billion by 2030.

Global Food Additives Market

KEY MARKET STATISTICS
Base Year [2022]	USD 61.58 billion
Estimated Year [2023]	USD 64.74 billion
Forecast Year [2030]	USD 94.16 billion
CAGR (%)	5.45%

Food additives are substances added to food to maintain or improve its safety, freshness, taste, texture, or appearance. These additives have a wide range of functions in the food industry, and they are rigorously tested and regulated to ensure their safety for human consumption. Additives can be derived from natural sources or created synthetically, and common categories include preservatives, colorants, flavor enhancers, and nutrients. The shifting consumer demand toward processed and convenience foods drives the growth of the food additives market. Additionally, the growing utilization of food additives in quick-service restaurants, cafes, and fast-food chains has led to a surge in the consumption of food additives. Additionally, the burgeoning plant-based and alternative protein products create a demand for innovative additives to enhance texture, stability, and flavor, opening new avenues for growth. However, loss of nutritive value caused by food additives and palatability issues can hamper the adoption of food additives. Furthermore, stringent regulatory guidelines and the need for transparency in labeling pose constraints. However, key players are formulating additives from natural sources to meet consumer demands for clean-label products and improve the palatability and nutritive value of food products. Furthermore, researching additives that provide added health benefits, such as probiotics or those with enhanced nutritional profiles, can provide new opportunities for the growth of the industry.

Regional Insights

The Americas region, particularly the U.S. and Canada, has a high consumption rate of processed foods and food additives, and there is a noticeable shift toward natural and organic additives, driven by consumer awareness and preference for healthier lifestyles. The U.S. Food and Drug Administration (FDA) plays a substantial role in regulating the market, focusing on the reduction of certain additives such as trans fats. Europe exhibits a very regulated environment for food additives, with stringent safety assessments conducted by the European Food Safety Authority (EFSA) before approval. Consumers in Europe are increasingly health-conscious and environmentally aware, driving the demand for natural additives and functional ingredients. The demand for food additives in the APAC region is expanding rapidly due to high economic growth, increasing urbanization, and changes in food consumption patterns. APAC is a key region for flavor enhancers and colorants, partly due to the diverse culinary cultures that rely heavily on distinct flavors and vibrant presentation. Additionally, innovation in the region is spurred by the blending of traditional insights with modern food-processing technologies.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Food Additives Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Food Additives Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Food Additives Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., Amyris, Inc., Archer Daniels Midland Company, Ashland Inc., Associated British Foods PLC, Azelis Group, BASF SE, Brenntag SE, Cabot Corporation, Cargill Incorporated, Chr. Hansen Holding A/S, Corbion NV, DuPont de Nemours, Inc., Dohler GmbH, Eastman Chemical Company, Evonik Industries AG, Fooding Group Limited, Givaudan SA, Gogia Chemical Industries Private Limited, Ingredion Incorporated, International Flavors & Fragrances Inc., Jubilant Ingrevia Limited, Kaneka Corporation, Kerry Group PLC, Koninklijke DSM N.V., Lesaffre & Cie, Merck KGaA, Mitsubishi Chemical Corporation, Novozymes A/S, Omya International AG, Palsgaard A/S, PPG Industries, Inc., Puratos NV/SA, Roquette Freres S.A., Sensient Technologies Corporation, Solvay S.A., Sonarome by The Robertet Group, Tate & Lyle PLC, The Symrise Group, Umiami SAS, and Vantage Group.

Market Segmentation & Coverage

This research report categorizes the Food Additives Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Antioxidants
- Colorants
- Emulsifiers
- Flavor Enhancers
- Preservative
- Sweeteners
- Texture Enhancer
Source
- Natural
- Synthetic
Form
- Dry
- Liquid
Application
- Bakery & Confectionery
- Beverages
- Convenience Foods
- Dairy & Frozen Desserts
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Food Additives Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Food Additives Market?

3. What are the technology trends and regulatory frameworks in the Food Additives Market?

4. What is the market share of the leading vendors in the Food Additives Market?

5. Which modes and strategic moves are suitable for entering the Food Additives Market?

Product Code: MRR-521BAA36ED75

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Food Additives Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for processed and convenience food products
  - 5.1.1.2. Growing expansion of quick-service restaurant chains
  - 5.1.1.3. Significant adoption in bakery & dairy industry
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuations in the availability and prices of raw materials
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging preferences for clean-labeled and natural ingredients based food additives
  - 5.1.3.2. Rising investments in food additive manufacturing businesses
- 5.1.4. Challenges
  - 5.1.4.1. Stringent food safety regulations and adverse effects associated with food additives
5.2. Market Segmentation Analysis
- 5.2.1. Type: Ability of antioxidants to extend the shelf life and nutritional value of food products
- 5.2.2. Source: Rising preference for natural food additives owing to their significant health benefits
- 5.2.3. Form: Proliferating usage of dry food additives owing to their role in enhancing the overall quality and safety of products
- 5.2.4. Application: Inclination toward convenience food options owing to the emergence of online distribution channels
5.3. Market Trend Analysis
- 5.3.1. Ongoing advancements in processing technologies with supportive government approvals for food additives in the Americas
- 5.3.2. Government initiatives to encourage domestic food processing creates demand for food additives in the Asia-Pacific
- 5.3.3. Growing preference and availability of natural food additives in the EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Food Additives Market, by Type

6.1. Introduction
6.2. Antioxidants
6.3. Colorants
6.4. Emulsifiers
6.5. Flavor Enhancers
6.6. Preservative
6.7. Sweeteners
6.8. Texture Enhancer

7. Food Additives Market, by Source

7.1. Introduction
7.2. Natural
7.3. Synthetic

8. Food Additives Market, by Form

8.1. Introduction
8.2. Dry
8.3. Liquid

9. Food Additives Market, by Application

9.1. Introduction
9.2. Bakery & Confectionery
9.3. Beverages
9.4. Convenience Foods
9.5. Dairy & Frozen Desserts

10. Americas Food Additives Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Food Additives Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Food Additives Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
  - 13.3.1.1. Dohler Acquisition of SVZ to Boost Red Fruit And Vegetable Ingredients Portfolio
  - 13.3.1.2. Mexichem Buys Food Additive Manufacturer From Colombia's IMSA
  - 13.3.1.3. Azelis Strengthens its Footprint in Life Sciences With the Acquisition of Gillco Ingredients in the USA
- 13.3.2. Agreement, Collaboration, & Partnership
  - 13.3.2.1. Tate & Lyle Expands Sweetener Portfolio With ERYTESSE Erythritol
  - 13.3.2.2. Azelis Strengthens Asian Positioning by Expanding Partnership With DSM-Firmenich In India
  - 13.3.2.3. Doehler And Ixora Scientific Target Taste Modulation And Flavor Creation In U.S.-Based Global Partnership
- 13.3.3. New Product Launch & Enhancement
  - 13.3.3.1. BASF Aroma Ingredients Expands its Isobionics Portfolio With New Natural Flavors
  - 13.3.3.2. Vantage Food Launches New Simply Kake Emulsifier Formulated To Complement Food Industry Cleaner Label Initiatives
  - 13.3.3.3. T. Hasegawa Debuts 2 Flavor Enhancer Technologies
- 13.3.4. Investment & Funding
  - 13.3.4.1. General Mills Backs USD 6.4 Million Seed Round for Food Coloring Made From Fungi
  - 13.3.4.2. Phytolon Secures Substantial Funding Toward Launching Innovative Natural Food Colors
  - 13.3.4.3. Roquette Invests in DAIZ, an Innovative Japanese Food Tech Startup
- 13.3.5. Award, Recognition, & Expansion
  - 13.3.5.1. Allied Blending Expanding Iowa Facility
  - 13.3.5.2. Chinova Bioworks Scales up Production for Mushroom-Based Natural Preservatives

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. Ajinomoto Co., Inc.
- 14.1.2. Amyris, Inc.
- 14.1.3. Archer Daniels Midland Company
- 14.1.4. Ashland Inc.
- 14.1.5. Associated British Foods PLC
- 14.1.6. Azelis Group
- 14.1.7. BASF SE
- 14.1.8. Brenntag SE
- 14.1.9. Cabot Corporation
- 14.1.10. Cargill Incorporated
- 14.1.11. Chr. Hansen Holding A/S
- 14.1.12. Corbion NV
- 14.1.13. DuPont de Nemours, Inc.
- 14.1.14. Dohler GmbH
- 14.1.15. Eastman Chemical Company
- 14.1.16. Evonik Industries AG
- 14.1.17. Fooding Group Limited
- 14.1.18. Givaudan SA
- 14.1.19. Gogia Chemical Industries Private Limited
- 14.1.20. Ingredion Incorporated
- 14.1.21. International Flavors & Fragrances Inc.
- 14.1.22. Jubilant Ingrevia Limited
- 14.1.23. Kaneka Corporation
- 14.1.24. Kerry Group PLC
- 14.1.25. Koninklijke DSM N.V.
- 14.1.26. Lesaffre & Cie
- 14.1.27. Merck KGaA
- 14.1.28. Mitsubishi Chemical Corporation
- 14.1.29. Novozymes A/S
- 14.1.30. Omya International AG
- 14.1.31. Palsgaard A/S
- 14.1.32. PPG Industries, Inc.
- 14.1.33. Puratos NV/SA
- 14.1.34. Roquette Freres S.A.
- 14.1.35. Sensient Technologies Corporation
- 14.1.36. Solvay S.A.
- 14.1.37. Sonarome by The Robertet Group
- 14.1.38. Tate & Lyle PLC
- 14.1.39. The Symrise Group
- 14.1.40. Umiami SAS
- 14.1.41. Vantage Group
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing