Argentina Food Additives Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Argentine Food Additives Market is Segmented by Type (Preservatives, Sweeteners, Sugar Substitutes, Emulsifiers, Anti-caking Agents, Enzymes, Hydrocolloids, Food Flavors and Enhancers, Food Colorants, and Acidulants) and Application (Beverages, Dairy and Frozen Products, Bakery, Meat Industry, Confectionery, and Other Applications).

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Argentina Food Additives Market Size

Argentina Food Additives Market
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Study Period 2018 - 2028
Base Year For Estimation 2022
Forecast Data Period 2023 - 2028
Historical Data Period 2018 - 2021
CAGR 5.65 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order
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Argentina Food Additives Market Analysis

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.

Argentina Food Additives Market Trends

This section covers the major market trends shaping the Argentina Food Additives Market according to our research experts:

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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Argentina Food Additives Industry Overview

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.

Argentina Food Additives Market Leaders

  1. Cargill Inc

  2. Tate & Lyle Plc

  3. Archer Daniels Midland(ADM)

  4. DSM

*Disclaimer: Major Players sorted in no particular order

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Argentina Food Additives Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 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. 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. 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

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

Argentina Food Additives Industry Segmentation

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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Argentina Food Additives Market Research FAQs

The Argentina Food Additives Market is projected to register a CAGR of 5.65% during the forecast period (2023-2028).

Cargill Inc, Tate & Lyle Plc, Archer Daniels Midland(ADM) and DSM are the major companies operating in the Argentina Food Additives Market.

Argentina Food Additives Industry Report

Statistics for the 2023 Argentina Food Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Argentina Food Additives analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Argentina Food Additives Report Snapshots

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