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The Canada Food Additives Market is segmented by Type (Preservatives, Sweeteners and Sugar Substitutes, Emulsifiers, Enzymes, Hydrocolloids, Food Flavors and Colorants, and Other Types) and Application (Bakery, Confectionery, Dairy, Beverages, Meat, Poultry, and Sea Foods, and Other Applications).
The Canadian food additives market is expected to register a CAGR of 3.6% during the forecast period, 2020 - 2025. The market is driven by an extensive use of additives in the food and beverage sector for different functioning, such as preservative, flavor enhancer, emulsifier, sweetener, colorant, and many other functions.
Moreover, the rising population, growing demand for food, need for food preservation, growing concerns toward food safety due to contamination, rising health concerns, consumer demand for better quality, and increasing consumption of premium food products are several important reasons that are driving the demand for food additives.
Furthermore, the food additives markets obeserve it as an opportunity in the form of rising innovations, to meet the nutraceutical ingredients market requirements. However, several health hazards and side-effects associated with synthetic food additives are anticipated to negatively impact the growth of the market.
The Canadian food additives market is segmented by type and application. On the basis of type, the market is segmented into preservatives, sweeteners and sugar substrates, emulsifier, enzymes, hydrocolloids, food flavor and colorants, and other types. On the basis of application, the market is segmented into bakery, confectionery, dairy, meat, poultry, and seafood, beverages, and other applications.
|Sweeteners and Sugar Substitutes|
|Food Flavors and Colorants|
|Meat, Poultry, and Sea Foods|
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The Canadian food additives market is highly competitive and fragmented in nature, owing to the presence of many regional and domestic players. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies, along with new product development as strategic approaches adopted by the leading companies, to boost their brand presence among consumers. Key players dominating the country's market include Cargill Incorporated, DuPont de Nemours Inc., Ingredion Incorporated, NOW Health Group Inc., JG Group Stevia Canada, Brenntag Canada Inc., and Jungbunzlauer Suisse AG, among others.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.2 Sweeteners and Sugar Substitutes
5.1.6 Food Flavors and Colorants
5.1.7 Other Types
5.2 By Application
5.2.5 Meat, Poultry, and Sea Foods
5.2.6 Other Applications
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 Cargill Incorporated
6.3.2 DuPont de Nemours Inc.
6.3.3 Ingredion Incorporated
6.3.4 NOW Health Group Inc.
6.3.5 JG Group Stevia Canada
6.3.6 Brenntag Canada Inc.
6.3.7 Jungbunzlauer Suisse AG
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability