The global market for food additives for bakeries & restaurants is anticipated to record a CAGR of 5.21% over the forecast period, i.e. 2020-2027.
Factors such as rising consumption of food additives by bakeries and restaurants and the rising number of food outlets across the globe are anticipated to promote significantly towards the growth of the global food additives market for bakeries & restaurants. The market is further anticipated to gain an incremental $ opportunity of USD 7.19 million in the year 2027 as compared to the year 2025.
Additionally, several other factors, such as growing number of consumers who prefer visiting a restaurant for the consumption of convenience and packaged foods, growing number of tourists worldwide and growing number of individuals with the preference for low calorie foods along with the growing number of food stores around the world are some of the factors anticipated that are driving the growth of the global food additives market for bakeries & restaurants.
According to the statistics stated by the National Restaurant Association, 9 in 10 consumers prefer to go to restaurants, and that two-thirds of the consumers believe that restaurants provide flavors which they can't easily duplicate at home.
The global food additives market for bakeries & restaurants consists of various segments that are segmented by end user and by region. The end user segment is sub-divided into bakeries and restaurants, out of which, restaurant segment, which was valued at USD 30.70 million is anticipated to hold the largest market share and attain an absolute $ opportunity of USD 16.01 million by growing at 1.52x during the assessment period.
Based on region, the global food additives market for bakeries & restaurant is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in North America, which held a market share of 24.14% in the year 2018 is anticipated to grow at a CAGR of 5.25% over the forecast period.
Some of the key industry leaders in the global food additives market for bakeries & restaurant are Cargill, Incorporated, DuPont de Nemours, Inc., Archer Daniels Midland Company, BASF SE, Tate & Lyle and Ajinomoto Co., Inc.
Key Topics Covered
Food Additives Market
1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
- Service Provider Front
- End-User Front
3.3. Secondary Research
3.4. Market Size Estimation
4. Analysis of Market Dynamics
4.1. Growth Drivers
4.2. Key Trends
5. Key Market Opportunities
6. Major Roadblocks for the Market Growth
7. Regulatory Landscape
8. Industry Risk Analysis
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. Macro Economic Indicators
10. Manufacturer and Supplier Analysis
11. Global Food Additives Market for Bakeries and Restaurants Outlook
11.1. Market Size and Forecast, 2018-2027
11.1.1. By Value (Usd Million)
11.2. Global Food Additives Market for Bakeries and Restaurants Segmentation, 2018-2027
11.2.1. By End-User
- Restaurants, 2018-2027F (Usd Million)
- Bakeries, 2018-2027F (Usd Million)
11.2.2. By Region
- North America Food Additives Market for Bakeries
- Europe Food Additives Market for Bakeries
- Asia Pacific Food Additives Market for Bakeries
- Latin America Food Additives Market for Bakeries
- Middle East & Africa Epigenetics Market, 2018-2027F (USD)
12. Competitive Structure
12.1. Detailed Overview
12.2. Assessment of Key Product Offerings
12.3. Analysis of Growth Strategies
12.4. Key Collaborations and Joint Ventures
12.5. Key Mergers and Acquisitions
12.6. Recent News and Developments
12.7. Key Clients and Partners
12.8. Exhaustive Analysis on Key Financial Indicators
12.9. Company Profiles
12.9.1. DuPont De Nemours, Inc.
12.9.2. Cargill, Incorporated
12.9.5. Tate & Lyle
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