Global Food Additives Market Forecast 2028 – Overall Growth & Opportunities

The global food additives market is expected to undergo significant growth by 2028 owing to the growing utilization of additives in the food & beverage industry as preservatives, emulsifiers, flavor enhancers, sweeteners, and colorants. The rising demand for packaged food and beverages due to the hectic lifestyle is also propelling the demand for food additives.

Increasing disposable income coupled with the rising trend of healthy eating is expected to drive the global food additives market during the forecast period. Also, the increasing focus of food and beverage companies on new flavors, variants, and textures is leading to more adoption of food additives. The primary function of food additives is to prevent the spoilage and wastage of food products and thus to reduce the overall production cost.

The global food additives market is segmented based on type, source, application, and region Based on type, the market is segmented into acidulants, anti-caking agents, colors, emulsifiers, enzymes, flavors, hydrocolloids, preservatives markets, and sweeteners. The sweeteners segment accounted for the largest share in the global food additives market and is expected to dominate during the forecast period as they are highly being used as a substitute for refined sugar. However, the enzymes segment is also undergoing rapid growth owing to their low cost compared to artificial chemicals.

Based on application, the global food additives market is segmented into bakery & confectionery, beverages, convenience foods, dairy & frozen desserts, spices, condiments, sauces & dressings, and others. The bakery & confectionery segment is anticipated to witness the fastest growth during the forecast period as food additives are extensively being used in bakery items like cakes, biscuits & cookies, chocolates, sandwiches, and bread. Flavor enhancers and sweeteners are common food additives used in bakery and confectionary items.

Some of the key players in the global food additives market are BASF SE, Cargill, Incorporated, DuPont, Archer Daniels Midland Company, Adani Wilmer, Ajinomoto Co., Inc., Eastman Chemical Company, Frutarom, Danisco, Associated British Foods Plc, Tata & Lyle, Royal DSM NV, among others. Leading companies are focusing on research and development activities to bring new and innovative products which are according to the present health-conscious consumers. They are also widening their production capabilities to make their strong global presence.

The Objective of the Study:

• To outline, classify and estimate the global food additives market on the basis of type, source, application, and regional distribution.
• To study and forecast the global market size of the food additives, in terms of value and volume.
• To project the size of the food additives market, in terms of value and volume, with respect to key types such as preservatives, sweeteners, emulsifiers, anti-caking agents, enzymes, food flavors & enhancers, food colorants, acidulants and others.
• To understand the regional market structure of the food additives market, the global food additives market is segmented into five regions, namely – Asia-Pacific, North America, Europe, Middle East & Africa, and South America, and forecast the market size, in terms of value and volume.
• To identify detailed information about the prime factors affecting the global food additives market.
• To evaluate competitor pricing, average market selling prices, and margins in the global food additives market.
• To examine competitive developments such as expansions, government policy and investments, and new entrants in the global food additives market.
• To strategically profile the leading players in the market which are involved in the manufacturing and supply of food additives worldwide.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading food additives manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, manufacturing plant location, prices of products, and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the types, applications, distribution networks, and regional presence of all major Food Additives manufacturers across the globe.

TechSci Research calculated the market size for global food additives using a bottom-up approach, where manufacturers’ value sales data for standard types were recorded and forecasted for future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing the historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations, and financial reports were also used by TechSci Research.

Key Target Audience:

• Food additives manufacturers and suppliers
• Types of food additives such as preservatives, sweeteners, emulsifiers, anti-caking agents, enzymes, food flavors & enhancers, food colorants, acidulants, and others
• Research organizations and consulting companies
• Trade associations, organizations, forums, and alliances related to food additives
• Government bodies such as regulating authorities and policymakers
• Industry associations
• Market research and consulting firm

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as food additives manufacturers, distributors and dealers, customers, and policymakers. which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.

Report Scope:

In this report, the food additives market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

• Global Food Additives Market, By Type:
  • Acidulants
  • Anti-Caking Agents
  • Colors
  • Emulsifiers
  • Enzymes
  • Flavors
  • Hydrocolloids
  • Preservatives Markets
  • Sweeteners
• Global Food Additives Market, By Source:
  • Natural
  • Synthetic
• Global Food Additives Market, By Application:
  • Bakery & Confectionery
  • Beverages
  • Convenience Foods
  • Dairy & Frozen Desserts
  • Spices
  • Condiments
  • Sauces & Dressings
  • Others
• Global Food Additives Market, By Geography:
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Rest of APAC
  • North America
    • U. S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Iran
    • South Africa
  • South America
    • Brazil
    • Colombia
    • Argentina
    • Rest of South America

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Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global food additives market.