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Food additives are chemicals added to foods to keep them fresh or to enhance their colour, flavour or texture. They can be derived from plants, animals, or minerals, or they can be synthetic. Food additives are added intentionally to food to perform certain technological purposes which consumers often take for granted. There are several thousand food additives used, all of which are designed to do a specific job in making food safer or more appealing. The global food additives market is expected to increase by USD 14 million, at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2028, according to the latest edition of the Global Food Additives Market Report. The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global food additives market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the food additives industry. This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, source, application, and region. The global market for food additives can be segmented by product: acidulants, colorants, fat substitutes, flavors & enhancers, formulation aids, preservatives, processing aids, sweeteners, others. Among these, the flavors and flavor enhancers segment was accounted for the highest revenue generator in 2021. Food additives market is further segmented by source: natural, synthetic. The natural segment is estimated to account for the largest share of the global food additives market. Based on application, the food additives market is segmented into: bakery & confectionery, beverages, dairy products, meat & seafood, convenience foods, others. The bakery & confectionery segment held the largest share of the global food additives market in 2021 and is anticipated to hold its share during the forecast period. On the basis of region, the food additives market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW). In 2021, Europe made up the largest share of revenue generated by the food additives market. By product: - acidulants - colorants - fat substitutes - flavors & enhancers - formulation aids - preservatives - processing aids - sweeteners - others By source: - natural - synthetic By application: - bakery & confectionery - beverages - dairy products - meat & seafood - convenience foods - others By region: - North America - Asia Pacific - Europe - Rest of the World (ROW) The market research report covers the analysis of key stake holders of the global food additives market. Some of the leading players profiled in the report include ABF Ingredients Limited, Ajinomoto Co., Inc, Archer-Daniels-Midland Company, Ashland Global Holdings Inc., BASF SE, Cargill Inc., Celanese Corporation, Corbion N.V., Firmenich SA, Givaudan SA, International Flavors & Fragrances Inc., Koninklijke DSM N.V., Mane SA, Robertet SA, Sensient Technologies Corporation, Symrise AG, T. Hasegawa Co., Ltd., Takasago International Corporation, among others. *REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES Historical & Forecast Period This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year. Scope of the Report - To analyze and forecast the market size of the global food additives market. - To classify and forecast the global food additives market based on product, source, application, region. - To identify drivers and challenges for the global food additives market. - To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global food additives market. - To identify and analyze the profile of leading players operating in the global food additives market. Why Choose This Report - Gain a reliable outlook of the global food additives market forecasts from 2022 to 2028 across scenarios. - Identify growth segments for investment. - Stay ahead of competitors through company profiles and market data. - The market estimate for ease of analysis across scenarios in Excel format. - Strategy consulting and research support for three months. - Print authentication provided for the single-user license.
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