Global Food Additives Market is anticipated to grow in the forecast period. Food additives facilitate the mass production of flavored, safe, visually appealing beverages and beverages and nutrition. Although additives make up only a small amount of the finished product (from parts per million to 1–2% by weight), they have a foremost outcome on the taste, color, texture, visual appearance, mouthfeel, and shelf life of prepared foods.

The factors that propel the growth of the Food Additives industry include changing lifestyles of customers and growing consciousness regarding nutritional food. On the other hand, there are factors that may hamper the growth of the market including strict governing environment and problems arising owing to additives, such as allergies. The industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Food Additives Market may be explored by technology, by product type, by application, and geography. The industry may be explored by technology as Acids, Sweeteners, Antioxidants, Emulsifiers, Anticaking Agents, Humectants, Stabilizers, Flavors & Enhancers, Colorants, Fat Replacers (Bulking Agents), Shelf- life stabilizers (Preservatives), and Others may include Color retention agents, Antifoaming agents, and Glazing agents. The “Flavors & Enhancers” segment led the Food Additives industry in 2015 and is anticipated to maintain its dominance by 2022.

The key applications that could be explored in the Food Additive Market include Hotels, Confectionary, Homes, Bakery, Snacks, Dairy & frozen products, Beverages, Meat, poultry & seafood products, and Others. The market could be explored based on product type as Chemical Based, and Nature Based. The “Natural flavors” segment led the Food Additives industry in 2015 and is anticipated to maintain its dominance by 2022 owing to increasing customer consciousness concerning the benefits of neem and herbs as natural flavors is promoting manufacturing development.

North America accounted for the major share of the Food Additives Market Size in 20-- and will continue to lead in the forecast period. The factors that could be attributed to the growth include increasing demand for confectionery and meat products in North America owing to increased urbanization, and hectic lifestyle, rising hospitality and retail segment is in turn anticipated to propel development of the market over the forthcoming period.

Some of the key players that fuel the development of the Food Additive industry comprise Danisco, BASF, Archer Daniels Midland, Ajinomoto, DSM, Associated British Foods, ADM, Royal DSM N.V., Givaudan and Eastman Chemicals. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Global Food Additives Product Outlook (Revenue, USD Million, 2012 - 2022)
• Flavors & Enhancers
• Natural flavors
• Artificial Flavor & Enhancers
• Sweeteners
• HIS
• HFCS
• Others
• Enzymes
• Emulsifiers
• Mono, Di-Glycerides & Derivatives
• Lecithin
• Stearoyl Lactylates
• Sorbitan Esters
• Others
• Shelf- life stabilizers
• Fat Replacers
• Protein
• Starch
• Others

Global Food Additives Regional Outlook (Revenue, USD Million, 2012 - 2022)
• North America
• U.S.
• Europe
• Germany
• France
• Latin America
• Brazil
• Asia Pacific
• Japan
• China
• India
• MEA

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Global Market Insights, Inc. has added a new report on Food Additives Market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

Food Additives Market may surpass USD 115 billion by 2024; according to a new research report. Growing consumer awareness about health consciousness along with supportive government schemes has led to widespread usage of food additives in market. Rapid expansion of technology in food industry pertaining to consumer's demand for healthy and organic product options will positively influence market growth.

Food additives have various applications in bakery and confectionary, beverages, dairy and frozen products, sauce and dressings amongst others. Rapid expansion of technology in the industry pertaining to consumer's demand for healthy and organic product options will positively affect market growth. Asia Pacific food & beverage market was valued at over USD 3.0 trillion in 2016 and may witness gains at over 10%. Food additives derived from natural sources are easily available at minimal cost, which is providing a cost advantage to the manufacturers.

Sweeteners Market is projected to surpass over USD 60 billion by 2024. Consumers believe in low-calorie sweeteners will effective for various purposes which includes weight reduction, weight maintenance, management of diabetes and reduction in the risks associated with obesity, thereby driving the industry growth. Asia Pacific natural sweetener Market is likely to witness a significant gain at over 4.5% during the forecast timeframe. Natural sweetener increases the stability of the products and is also used in milk formulations to increase the bioactive calcium.

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Food additives market share is competitive and moderately consolidated with major industry participants include BASF, Cargill, DuPont, Archer Daniels Midland Company, Adani Wilmer, and Ajinomoto which cater to domestic and international market. Manufacturing companies are focusing in expanding business across regions and developing strategies to size up production capability and strengthen global presence. Companies are also forming partnerships and acquire with local & regional companies to open new market opportunities, and further accelerate Food Additives Market Demand.

Food additives are used as antioxidants, anti-foaming, gelling, glazing & bulking agents, emulsifiers, flavor enhancers, stabilizers, thickeners, sweeteners, and humectants in various types of processed beverages. They are mostly used in bakery & confectionery, nutritional products, meat, dairy and frozen desserts, sauces, and dressings, amongst others. Increasing packaged eatable demand for products including ready-to-eat convenient goods, ready-to-eat meals, cake mixes, snacks and frozen meals owing to rise in disposable income and change in lifestyle will stimulate food additives market size.

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North America driven by the U.S., Canada and Mexico food additives Market is expected to reach at USD 29 billion by 2024. The growing demand for confectionery and beverage products in North America due to hectic lifestyle, increased urbanization and growing retail and hospitality sector is in turn expected to drive the growth demand in the region.

Asia Pacific led by Japan, South Korea, India and China food additives Market is expected to reach at USD 40 billion by 2024. Rising awareness about high nutritional diet and increasing need to impart ethnic taste are playing a key role in accelerating demand in the region. The Indian food processing industry is expected to grow with a rapid pace over forecast period. This creates a highly conducive environment for growth of the regional market, buoyed by rapid economic growth in emerging economies of India and China.

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