2017 Forecast - Food Additives Global Market, Industry Size, Share, Analysis and Opportunities to 2023.
Latest industry research report on Food additives are substances that are added to food in order to improve its particular characteristics such as aroma, consistency, taste, color texture, shelf life, etc. There are two main types of food additives available in the market, direct and indirect food additives.
Direct additives are added to change the particular property of the food such as taste, whereas the indirect additives are added for the purpose of storing, packaging, and handling the food. The increasing consumption of packaged foods, expansion of the food and beverage industry and increasing demand for healthy food are key factors, which would drive the growth of global food additives market during the analysis period.
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Recently, the preference of nature based additives over chemical based additives has created the opportunity for new manufacturers, to produce the nature based food additives in the global food additives market. Factors restraining the market growth are stringent regulatory environment and problems arising due to additives, such as allergies.
For instance, in 2014, Nippon Shokubai acquired the company Halal Certification. This takeover helped Nippon Shokubai to add organic acids in their product portfolio. The companies profiled in this report are BASF, Danisco, Archer Daniels Midland, DSM, Ajinomoto, Associated British Foods, Royal DSM N.V., ADM, Eastman Chemicals and Givaudan.
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The Global Food Additives Market is segmented as below:
Food Additives Market By Technology
- Flavors & Enhancers
- Antioxidants
- Anticaking Agents
- Emulsifiers
- Acids
- Sweeteners
- Stabilizers
- Humectants
- Colorants
- Shelf- life stabilizers(Preservatives)
- Fat Replacers(Bulking Agents)
- Others(Glazing agents, Color retention agents, antifoaming agents)
Food Additives Market By Product Type
- Nature Based
- Chemical Based
Food Additives Market By Application
- Confectionary
- Hotels
- Homes
- Snacks
- Bakery
- Dairy & frozen products
- Meat, poultry & seafood products
- Beverages
- Others
Food Additives Market By Geography
- North America
- Europe
- Asia Pacific
- LAMEA
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