Argentina Food Additives Market | Growth | Trends

ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
TABLE OF CONTENTS

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

5.65 %

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Market Overview

The Argentine food additives market is forecast to witness a CAGR of 5.65% during the forecast period, 2020-2025.

Population growth, coupled with higher food production and demand, is the primary factor leading to the high requirement of food additives applications in Argentina. Growing urbanization and changing lifestyles, due to globalization are driving demand for convenience and packaged foods. The scenario, in turn, is helping the food additives industry to grow, as food additives are an essential component of these kinds of foods.
The country is one of the developing economies in the region, and this factor is expected to increase the demand for packaged food, in turn, drive the food additives industry. Growing consumer awareness of the benefits of natural additives and functional food additives would help capture the new markets in the region.

Scope of the Report

The Argentine food additives market is segmented by type and application. Based on type, the market is segmented into preservatives, sweeteners, sugar substitutes, emulsifiers, anti-caking agents, enzymes, hydrocolloids, food flavors and enhancers, food colorants, and acidulants. Based on application, the market is segmented into beverages, dairy and frozen products, bakery, meat industry, confectionery, and other applications.

By Type
		Preservatives
		Sweetener
		Sugar Substitutes
		Emulsifier
		Anti-caking Agents
		Enzymes
		Hydrocolloids
		Food Flavors and Enhancers
		Food Colorants
		Acidulants

By Application
		Beverages
		Dairy and Frozen Products
		Bakery
		Meat Industry
		Confectionery
		Other Applications

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Key Market Trends

Growing Demand for Retail Food

Food retail is a highly competitive industry, both in developed and developing markets. Increased number of retailers, retail channels, and formats are increasing consumer access to process and convenience foods, further increasing demand for food additives by the food and beverage industry. While providing consumers with competitive prices, quality, and services, the organized retail sector exposes consumers to label information and quality comparison with both private labels and branded products.

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Growing Demand for Sugar Substitutes

Sugar substitutes are food additives that are used to duplicate the effect of sugar in taste, usually with less food energy. The majority of sugar substitutes approved for food use are artificially synthesized compounds. However, some bulk natural sugar substitutes are known, including sorbitol and xylitol, which are found in berries, fruit, vegetables, and mushrooms. Sugar substitutes, like stevia, aspartame, sucralose, neotame, acesulfame potassium, and saccharin, are approved by the USDA and are categorized under GRAS in the American region.

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Competitive Landscape

The strategies being adopted in the food additives industry is in maintaining innovation under the development of natural food additives and functional food ingredients to meet customer demand. Many international companies are entering the emerging economies of the region through partnerships, as they see the developed countries as matured markets in terms of revenue growth. Some of the significant players are Cargill Incorporated, Kerry Inc., Corbion NV, Tate & Lyle, Archer Daniels Midland Company, Dupont, and Novozymes, among others.

Major Players

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1. INTRODUCTION
1. 1.1 Study Assumptions and Market Definition
2. 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
1. 3.1 Market Overview
4. MARKET DYNAMICS
1. 4.1 Market Drivers
2. 4.2 Market Restraints
3. 4.3 Porter's Five Forces Analysis
  1. 4.3.1 Threat of New Entrants
  2. 4.3.2 Bargaining Power of Buyers/Consumers
  3. 4.3.3 Bargaining Power of Suppliers
  4. 4.3.4 Threat of Substitute Products
  5. 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
1. 5.1 By Type
  1. 5.1.1 Preservatives
  2. 5.1.2 Sweetener
  3. 5.1.3 Sugar Substitutes
  4. 5.1.4 Emulsifier
  5. 5.1.5 Anti-caking Agents
  6. 5.1.6 Enzymes
  7. 5.1.7 Hydrocolloids
  8. 5.1.8 Food Flavors and Enhancers
  9. 5.1.9 Food Colorants
  10. 5.1.10 Acidulants
2. 5.2 By Application
  1. 5.2.1 Beverages
  2. 5.2.2 Dairy and Frozen Products
  3. 5.2.3 Bakery
  4. 5.2.4 Meat Industry
  5. 5.2.5 Confectionery
  6. 5.2.6 Other Applications
6. COMPETITIVE LANDSCAPE
1. 6.1 Most Active Companies
2. 6.2 Most Adopted Strategies
3. 6.3 Market Share Analysis
4. 6.4 Company Profiles
  1. 6.4.1 Cargill Incorporated
  2. 6.4.2 Kerry Inc.
  3. 6.4.3 Corbion NV
  4. 6.4.4 Tate & Lyle
  5. 6.4.5 Archer Daniels Midland Company
  6. 6.4.6 Dupont- Danisco
  7. 6.4.7 Novozymes
  8. 6.4.8 Koninklijke DSM NV

*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS