Global Food Additives Market to Reach US$39.8 bn by 2021

Transparency Market
Research
Food Additives Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2015 - 2021
Published Date
29-07-2015
59 Page Report
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Press Release
Global Food Additives Market to Reach US$39.8 bn by 2021 due
to Increasing Expansion of Food and Beverage Industry
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Food Additives Market
REPORT DESCRIPTION
Transparency Market Research report states that the global food additives market stood at US$31.4 bn in
2014 and is predicted to reach US$39.8 bn by 2021, expanding at a CAGR of 3.40% from 2015 to 2021.
The title of the report is “Food Additives Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2015 - 2021.”
Food additives are substances added to various food products for enhancing their appearance and taste or
for preserving their flavor. A variety of food additives have been utilized by man, such as vinegar for the
preservation of food by pickling, sulfur dioxide for wines, salting as in the case of bacon, etc. Food
additives can be of both artificial and natural origin. For the regulation of these additives and in order to
keep customers informed, each food additive has been assigned a unique number called as ‘E number’ in
European countries. The Food and Drug Administration (FDA) in the U.S. categorizes food additives as
‘generally recognized as safe’ (GRAS).
As per the report, the increasing expansion of the food and beverage industry and the rising preference for
natural additives in place of synthetic additives are amongst the prominent factors fuelling the growth of
the market for food additives. However, growth opportunities for synthetic additives are still seen within
developing nations, thus fuelling the overall market’s growth. In addition, the increasing health concerns
have resulted in the rising demand for functional food additives, hence boosting the market’s growth. On
the other hand, the strict guidelines and regulations involved with the usage of food additives may restrain
the growth of the market in the coming years.
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In terms of product type, the market for food additives is segmented into sweeteners, flavors and
enhancers, colorants, enzymes, food preservatives, emulsifiers, and fat replacers. Amongst these, the
segment of flavors and enhancers led the market in 2014 and is predicted to maintain its superiority
throughout the forecast horizon. This segment was trailed by the segment of fat replacers, which is
predicted to take the second largest share in the market in the forecast period.
On the basis of source, the report segments the market into artificial food additives and natural food
additives. Amongst these, artificial food additives led the market in 2014. On the other hand, the segment
of natural food additives is poised to be the most swiftly growing segment in the forecast horizon.
In terms of geography, the report segments the market into Europe, North America, Asia Pacific, and Rest
of the World (RoW). Amongst these, Europe led the market in 2014 and held a share of 30.1% in the
market. This region was trailed by Asia Pacific, which stood as the second largest market for food additives
and held a share of 27.2% in the same year. This region is predicted to surpass Europe and lead the market
by 2021.
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Food Additives Market
As stated in the report, the key players dominant in the market are Cargill, BASF SE, Associated British
Foods, and Ajinomoto, among others.
The market has been segmented as follows:
Global Food Additives Market by Product Type:
•
Flavors and Enhancers
•
Sweeteners
•
Enzymes
•
Colorants
•
Emulsifiers
•
Food Preservatives
•
Fat Replacers
Global Food Additives Market by Source:
•
Natural
•
Artificial
Global Food Additives Market by Geography/ Country
North America
•
U.S.
•
Canada
•
Others
Europe
•
Germany
•
UK
•
France
•
Others
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Food Additives Market
Asia Pacific
•
China
•
India
•
Japan
•
Others
RoW
•
Middle East
•
Latin America
•
Africa
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Overview
3.1.1 Forms of food additives and its applications
3.2 Value chain analysis
3.3 Market Dynamics
3.3.1 Drivers
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Food Additives Market
3.3.1.1 Growing food and beverages industry
3.3.1.2 Increasing demand for functional food additives due to rising health concerns
3.3.1.3 Shift in trends from synthetic additives towards natural additives
3.3.2 Restraints
3.3.2.1 Stringent Regulations and guidelines to be followed for food additives before being used
3.3.2.2 Difficulties working with natural additives
3.3.3 Opportunities
3.3.3.1 Growth for synthetic additives still exists in emerging markets
3.4 Market attractiveness analysis
3.5 Market share by key players
Chapter 4 Food Additives Market, by Product Type
4.1 Introduction
4.2 Flavors & Enhancers
4.2.1 Flavors and Enhancers Market Revenue, 2014 – 2021 (USD Billion)
4.3 Sweeteners
4.3.1 Sweeteners Market Revenue, 2014 – 2021 (USD Billion)
4.4 Enzymes
4.4.1 Enzymes Market Revenue, 2014 – 2021 (USD Billion)
4.5 Colorants
4.5.1 Colorants Market Revenue, 2014 – 2021 (USD Billion)
4.6 Emulsifiers
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Food Additives Market
4.6.1 Emulsifiers Market Revenue, 2014 – 2021 (USD Billion)
4.7 Food Preservatives
4.7.1 Food Preservatives Market Revenue, 2014 – 2021 (USD Billion)
4.8 Fat Replacers
4.8.1 Fat Replacers Market Revenue, 2014 – 2021 (USD Billion)
Chapter 5 Food Additives Market, by Source
5.1 Introduction
5.1 Artificial Food Additives
5.1.1 Artificial Food Additives Market Revenue, 2014 – 2021 (USD Billion)
5.2 Natural Food Additives
5.2.1 Natural Food Additives Market Revenue, 2014 – 2021 (USD Billion)
Chapter 6 Food Additives Market, by Geography
6.1 Introduction
6.2 North America
6.2.1 North America Food Additives Market Revenue, 2014 – 2021 (USD Billion)
6.2.2 Revenue, 2014 – 2021 (US$ Billion)
6.3 Europe
6.3.1 Europe Food Additives Market Revenue, 2014 – 2021 (USD Billion)
6.3.2 Revenue, 2014 – 2021 (US$ Billion)
6.4 Asia Pacific
6.4.1 Asia Pacific Food Additives Market Revenue, 2014 – 2021 (USD Billion)
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Food Additives Market
6.4.2 Revenue, 2014 – 2021 (US$ Billion)
6.5 Rest of the World
6.5.1 Rest of the World Food Additives Market Revenue, 2014 – 2021 (USD Billion)
6.5.2 Revenue, 2014 – 2021 (US$ Billion)
Chapter 7 Company Profiles
7.1 Ajinomoto Co., Inc.
7.2 Archer Daniels Midland Company
7.3 Associated British Foods plc
7.4 AVEBE U.A.
7.5 BASF SE
7.6 Cargill, Inc.
7.7 Chr. Hansen A/S
About Us
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Food Additives Market
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Transparency Market Research report states that the global food additives market stood at US$31.4 bn in 2014 and is predicted to reach US$39.8 bn by 2021, expanding at a CAGR of 3.40% from 2015 to 2021. The title of the report is “Food Additives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.” Browse the full Food Additives Market report at:http://www.transparencymarketresearch.com/food-additives.html