Market Snapshot
2016 - 2026
2020
Asia Pacific
North America
6.0 %
Need a report that reflects how COVID-19 has impacted this market and its growth?
Market Overview
The global food additives market is projected to grow with a CAGR of 6% during the forecast period 2020 - 2025.
- The market is driven by the extensive use of additives in food & beverage sector for different functioning, such as preservative, flavor enhancer, emulsifier, sweetener, colorant, and many other functions. Also, the rising demand for convenience and packaged foods where additives are used in a higher quantity is further fueling the market growth.
- However stringent environmental regulations like the FDA for additives used directly in processed foods and food-contact substances such as food packaging products are expected to impede the market growth.
Scope of the Report
Global food additives market is segmented by type of additives such as preservatives, sweeteners, emulsifiers, anti-caking agents, hydrocolloids, colorants, acidulants, food flavor and enhancers and enzymes. Each segment is further segmented into popular su-segments and by application. Furthermore, the market is segmented by Geography which includes North America, Europe, Asia-Pacific, South America and Middle East and Africa
| By Type | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
| Geography | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
Key Market Trends
Sweeteners hold a Prominent Share in the Food Additives Market
The global sweetener market heavily drives the food additive market. This segment includes bulk sweetener and sugar substitute. The bulk sweetener is further segmented into Sucrose, Fructose. Lactose, High Fructose Corn Syrup (HFCS), and others. Bulk sweetener is the largest segment and holds a share of 56.66%.Sucrose dictates more than 13% share in this market. Also, growing health concerns associated with artificial sweeteners such as aspartame and saccharin are driving consumers' interest in natural sweeteners. Steviol glycosides mainly drive the growth in the natural high-intensity sweeteners space followed by monk fruit extract mogroside V. Stevia is also seeing a major demand in the natural sweeteners category.
To understand key trends, Download Sample Report
Asia Pacific is the Fastest Growing Market
The major manufacturing and consuming hubs of food additive market globally are North America and Asia-Pacific. The other three regions are Europe, South America, and Africa. The European market is a mature market and has several regulatory bodies to regulate stringently the use of food additives such as flavors and enhancers. Leading companies’ emphasis on the merger, expansion, acquisition and partnership of other companies along with new product development as strategic approaches to boost their brand presence across different region.
To understand geography trends, Download Sample Report
Competitive Landscape
The market is dominated by Cargill, BASF SE, Archer Daniels Midland Company, Ajinomoto Co., Inc. and Eastman Chemical Company. These companies together account for major market share. Tate & Lyle major sweetener brand, SPLENDA sucralose, on the expiry of the patent on its production process, made several domestic players to increase their production capacity of sucralose and led Tate to lose its share.
Table of Contents
-
1. INTRODUCTION
-
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 Porters Five Force 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
-
5.1.1 Preservatives
-
5.1.1.1 Natural Antioxidants
-
5.1.1.2 Sorbates
-
5.1.1.3 Benzonates
-
5.1.1.4 Others
-
-
5.1.2 Sweetner
-
5.1.2.1 Bulk Sweeteners
-
5.1.2.2 Sucrose
-
5.1.2.3 Fructose
-
5.1.2.4 Lactose
-
5.1.2.5 HFCS
-
5.1.2.6 Others
-
-
5.1.3 Sugar Substitutes
-
5.1.3.1 Sucralose
-
5.1.3.2 Xylitol
-
5.1.3.3 Stevia
-
5.1.3.4 Aspartame
-
5.1.3.5 Saccharine
-
5.1.3.6 Others
-
-
5.1.4 Emulsifier
-
5.1.4.1 Mono- Di-Glycerides & Derivatives
-
5.1.4.2 Lecithin
-
5.1.4.3 Sorbate Esters
-
5.1.4.4 Others
-
-
5.1.5 Anti-Caking Agents
-
5.1.5.1 Calcium Compounds
-
5.1.5.2 Sodium Compounds
-
5.1.5.3 Silicon Dioxide
-
5.1.5.4 Others
-
-
5.1.6 Enzymes
-
5.1.6.1 Carbohydrase
-
5.1.6.2 Protease
-
5.1.6.3 Lipase
-
5.1.6.4 Others
-
-
5.1.7 Hydrocolloids
-
5.1.7.1 Starch
-
5.1.7.2 Gelatin Gum
-
5.1.7.3 Xanthan Gum
-
5.1.7.4 Others
-
-
5.1.8 Food Flavors and Enhancers
-
5.1.8.1 Natural Flavors
-
5.1.8.2 Synthetic Flavors
-
5.1.8.3 Flavor Enhancers
-
-
5.1.9 Food Colorants
-
5.1.9.1 Synthetic Food Colorants
-
5.1.9.2 Natural Food Colorants
-
5.1.9.3 Others
-
-
5.1.10 Acidulants
-
5.1.10.1 Citric Acid
-
5.1.10.2 Phosphoric Acid
-
5.1.10.3 Lactic Acid
-
5.1.10.4 Others
-
-
-
5.2 Geography
-
5.2.1 North America
-
5.2.1.1 United States
-
5.2.1.2 Canada
-
5.2.1.3 Mexico
-
5.2.1.4 Rest of North America
-
-
5.2.2 Europe
-
5.2.2.1 Germany
-
5.2.2.2 United Kingdom
-
5.2.2.3 France
-
5.2.2.4 Italy
-
5.2.2.5 Russia
-
5.2.2.6 Spain
-
5.2.2.7 Rest of Europe
-
-
5.2.3 Asia-Pacific
-
5.2.3.1 India
-
5.2.3.2 China
-
5.2.3.3 Japan
-
5.2.3.4 Rest of Asia-Pacific
-
-
5.2.4 South America
-
5.2.4.1 Brazil
-
5.2.4.2 Argentina
-
5.2.4.3 Rest of South America
-
-
5.2.5 Middle East and Africa
-
5.2.5.1 Saudi Arabia
-
5.2.5.2 South Africa
-
5.2.5.3 Rest of Middle East and Africa
-
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Market Share Analysis
-
6.2 Strategies by Leading Players
-
6.3 Key Developments
-
6.4 Company Profiles
-
6.4.1 Cargill, Incorporated
-
6.4.2 BASF SE
-
6.4.3 Ajinomoto Co., Inc.
-
6.4.4 Eastman Chemical Company
-
6.4.5 Archer Daniels Midland Company
-
6.4.6 Tate & Lyle Plc.
-
6.4.7 Hermes Sweeteners Ltd.
-
6.4.8 Corbion NV
-
*List Not Exhaustive -
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
You can also purchase parts of this report. Do you want to check out a section wise price list?
Frequently Asked Questions
What is the study period of this market?
The Food Additives Market market is studied from 2016 - 2026.
What is the growth rate of Food Additives Market?
The Food Additives Market is growing at a CAGR of 6.0% over the next 5 years.
Which region has highest growth rate in Food Additives Market?
Asia Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Food Additives Market?
North America holds highest share in 2020.
Who are the key players in Food Additives Market?
- BASF SE
- Ajinomoto Co., Inc.
- Eastman Chemical Company
- Cargill, Incorporated
- Archer Daniels Midland Company
Are the major companies operating in Food Additives Market.
