Asia Pacific Food Additives Market Report 2022-2027: Featuring Key Players BASF, Kerry Group, Cargill & Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Food Additives Market Size, Share & Industry Trends Analysis Report By Source, By Product, By Application, By Country and Growth Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

The Asia Pacific Food Additives Market is expected to witness market growth of 5.6% CAGR during the forecast period (2021 2027).

The need to improve food and beverage taste, mouthfeel, texture, and overall appearance is expected to drive demand for food additives. Because of shifting population dietary trends, packaged food and beverage consumption is increasing over the region.

This is predicted to contribute to the rising demand for food additives used to increase the quality and nutritional content of processed foods. Sugar, fat, and overall calorie content in foods and beverages are being reduced by food and beverage firms. Regulatory approvals for low-calorie sweeteners and fat replacers is expected to pave the way for the production of low-sugar, low-fat foods, and beverages.

To avoid contamination and preservation, raw materials utilized in the manufacturing process are obtained from either natural sources such as plants or chemically generated. Soybean, sunflower, rapeseed, palm oil, glycerol, and sugarcane are among the key raw materials utilized in the manufacturing process.

The market growth, however, may be hampered by shifting raw material prices. To meet the rising demand from the food and beverage industries, companies are increasingly collaborating and forming joint ventures.

The regional market is observing a rise in demand for processed foods. In addition, India is the world's largest producer of milk, and the demand for flavored milk, recombined milk, and other products necessitate the use of food additives such as food colors in the business. For example, emulsifiers are widely utilized in the ice cream industry, particularly E4701, which aids in viscosity, stability, and fat reduction and is found in brands such as Amul ice cream.

The China market dominated the Asia Pacific Food Additives Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $13,767.3 million by 2027. The Japan market is poised to grow at a CAGR of 4.9% during (2021 - 2027). Additionally, The India market is expected to display a CAGR of 6.3% during (2021 - 2027).

Scope of the Study

Market Segments Covered in the Report:

By Source

• Natural
• Synthetic

By Product

• Sweeteners
• Flavors & Enhancers
• Emulsifiers & Shelf-life Stabilizers
• Enzymes
• Fat Replacers
• Prebiotics & Probiotics
• Dietary Fibers
• Others

By Application

• Bakery & confectionery
• Beverages
• Convenience Foods
• Dairy & Frozen Desserts
• Spices, Condiments, Sauces & Dressings
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• BASF SE
• Kerry Group PLC
• Novozymes A/S
• Archer Daniels Midland Company
• International Flavors & Fragrances, Inc.
• Ingredion, Incorporated
• Tate & Lyle PLC
• Ajinomoto Co. Inc.
• Chr. Hansen holding A/S
• Cargill Corporation

Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

2.1 Introduction

2.2 Key Factors Impacting the Market

Chapter 3. Competition Analysis - Global

3.1 Publisher Cardinal Matrix

3.2 Recent Industry Wide Strategic Developments

3.3 Top Winning Strategies

Chapter 4. Asia Pacific Food Additives Market by Source

4.1 Asia Pacific Natural Market by Country

4.2 Asia Pacific Synthetic Market by Country

Chapter 5. Asia Pacific Food Additives Market by Product

5.1 Asia Pacific Sweeteners Market by Country

5.2 Asia Pacific Flavors & Enhancers Market by Country

5.3 Asia Pacific Emulsifiers & Shelf-life Stabilizers Market by Country

5.4 Asia Pacific Enzymes Market by Country

5.5 Asia Pacific Fat Replacers Market by Country

5.6 Asia Pacific Prebiotics & Probiotics Market by Country

5.7 Asia Pacific Dietary Fibers Market by Country

5.8 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Food Additives Market by Application

6.1 Asia Pacific Bakery & confectionery Market by Country

6.2 Asia Pacific Beverages Market by Country

6.3 Asia Pacific Convenience Foods Market by Country

6.4 Asia Pacific Dairy & Frozen Desserts Market by Country

6.5 Asia Pacific Spices, Condiments, Sauces & Dressings Market by Country

6.6 Asia Pacific Others Market by Country

Chapter 7. Asia Pacific Food Additives Market by Country

Chapter 8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/njicba