Food Additives Market Trends and Growth, Analysis and Overview

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Food Additives Market Share, Size, Emerging Trends and Growth,
Analysis, Overview and Forecasts 2016-2020
Technavio Announces the Publication of its Research Report – Food Additives Market in the US 20162020
Technavio recognizes the following companies as the key players in the food additives market in the US:
Chr. Hansen, Chr. Hansen, and Ingredion.
Other Prominent Vendors in the market are: Ashland, Bell Flavors and Fragrances, Cargill, CP Kelco,
Cumberland Packing, D.D. Williamson, FMC, IFF, and Sensient Technologies.
Commenting on the report, an analyst from Technavio’ s team said: “Growing popularity of natural food
additives will be a key trend for market growth. A recent trend observed is the shift in consumers'
demand from synthetic to natural food additives like herbal extracts. It has been observed that the
market for natural shelf life stabilizers saw higher growth in the US than the synthetic additives market.
Consumers perceive natural food additives as being safer and healthier than synthetic food additives.
Though the cost of manufacturing and acquiring natural food additives is much higher compared to
synthetic food additives, the increase in the health-conscious population is influencing their adoption
rate.”
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According to the report, one of the key drivers for market growth will be growing desire for convenience
and packaged goods. Increased demand for convenience in food preparation among consumers has
changed the entire scenario of the food and beverage industry. Today's hectic lifestyle and need for
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leisure have further increased the demand for convenience food products. This need for convenience
has also led to the growth of packaged and convenience food like canned cereals, ready-to-cook meals,
and dehydrated soups. These food items have already been processed, and therefore it takes less time
and effort to cook them.
Further, the report states that side-effects associated to food additives will be one of the major
challenges for the market. The key challenge faced by the food additives market in the US is the harmful
side-effects from consumption of additive-based food products. The consumption of many additivebased food products can cause health problems like hyperactivity, asthma, allergies, raised blood
pressure, and vomiting. Though all food additives go through rigorous checking and testing before
approval, sometimes people may face health problems due to some additives in the food as they are
chemicals and toxins.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Food Additives
Food additives are substances or ingredients added to food to enhance taste, add flavor, color, and
nutritive quality, enhance texture, and act as preservatives. Their key end-users are food manufacturers,
and the chief application segments of food additives are fast food, packaged food, and beverages. Food
additives may be extracted from natural sources or synthesized from chemical compounds.
Technavio’ s analysts forecast the food additives market in the US to grow at a CAGR of 3.77% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the food additives market in the US
for 2016-2020. To calculate the market size, the report considers revenue generated through the sales
of food additives by vendors in the US market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Food Additives Market in the US 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Food additives are substances or ingredients added to food to enhance taste, add flavor, color, and nutritive quality, enhance texture, and act as preservatives.