DUBLIN--(BUSINESS WIRE)--The "Food Additives Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The food additives market is projected to grow at a CAGR of 6.34% to reach US$50.326 billion by 2025 from US$34.807 billion in 2019.
Increasing concerns of the market players are making them adopt and use food additives in the different food items so as to improve and enhance their properties and make them more appealing to the consumers. Food additives are being increasingly used as they are necessary in order to maintain the freshness and safety of food. Preservatives can slow down the spoilage of the product that is caused by bacteria, moisture, fungi. In addition, the use of preservatives aids in preventing contamination of the product. Moreover, the texture and taste of the bakery and confectionery items can be used in order to provide a distinct texture and flavor profile by suing emulsifiers, stabilizers, and other products.
The usage of a wide range of food additives in a variety of applications such as bakery and confectionery, meat and seafood, which are being demanded by the different individuals in the population, is boosting the demand for different types of additives. There has been an increase in the number of individuals demanding the processed and canned foods along with ready to eat and ready to cook varieties, which is being caused as a result of majority of the population getting busier in their work lives and have limited leisure time. Thus, this leads to a surge in the market growth over the forecast period.
Rising urbanization and disposable incomes in conjunction with growing awareness about leading a healthy lifestyle among individuals are propelling the demand for the food additives market. The propensity of the individuals to spend on premium products and products with added nutrients and additional nutritional benefits in order to stay fit and healthy is being facilitated due to the increasing disposable incomes and contributing to the market growth further.
The presence of stringent measures in place by government organizations and regulatory bodies are encouraging market players to comply with these standards. Stringent guidelines on food additives are necessary so that the quality of the end product reaching the consumer is not compromised. Organizations such as Food Standards Australia and New Zealand (FSANZ), is responsible and approves the food additives which can be added and are allowed in the different Australian foods, for which the additives have to undergo a strict and rigorous assessment and testing before approval.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Food additives Market Analysis, by Additive Type
5.2.1. Ascorbic acid
5.2.2. Citric acid
5.2.3. Sodium Benzoate
5.3.5. Flavors and Spices
5.3.6. Natural flavor
5.3.7. Artificial flavor
5.4. Flavor Enhancers
5.4.1. Monosodium Glutamate (MSG)
5.4.2. Hydrolyzed soy protein
5.4.3. Autolyzed yeast extract
5.5. Stabilizers and Thickeners, Binders, Texturizers
5.5.3. Guar gum
5.6.1. Soy lecithin
5.6.2. Mono and di-glycerides
5.6.3. Egg yolks
6. Food additives Market Analysis, by Application
6.2. Bakery and Confectionery
6.3. Processed and Canned Food
6.4. Fruits and Vegetables
6.5. Frozen Foods
6.7. Dairy Products
6.8. Meat and Seafood
7. Food additives Market Analysis, by Distribution Channel
8. Food additives Market Analysis, by Geography
8.2. North America
8.3. South America
8.5. Middle East and Africa
8.6. Asia Pacific
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. Company Profiles
10.1. Cargill Incorporated
10.5. Chr. Hansen Holdings A/S
10.6. Ingredion Incorporated
10.8. CP Kelco U.S., Inc.
10.9. Bell Flavours & Fragrances
10.10. Kerry, Inc.
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