Market Trends of Mexico Food Additives Industry
This section covers the major market trends shaping the Mexico Food Additives Market according to our research experts:
Increasing Demand For Preservatives in the Food Industry
Preservatives slow product spoilage caused by mold, air, bacteria, fungi, or yeast. In addition to maintaining the quality of the food, they help control contamination that can cause foodborne illness, including life-threatening botulism. One group of preservatives; antioxidants, prevent fats and oils, and the foods containing them from becoming rancid or developing an off-flavor.
Despite the functional benefits of chemical preservatives, they are known to be unhealthy, as a result of which, natural preservatives are being increasingly preferred. The growing trend of having a healthy lifestyle has also led to an increase in demand for foods that contain natural ingredients, like natural preservatives. Sorbic acid, benzoic acid, nisin, and acetic acid are the majorly used as preservatives in the food & beverage industry.
Expanding Applications of Food Additives To Drive Sales
Food additives are largely used across several industries including bakery, confectionery, dairy, beverages among others. There have been robust demands for bakery ingredients such as starches, sweeteners, and emulsifiers with improved nutrient profile especially in terms of fat composition. The bakery ingredients are expected to help food processors in minimizing the cost associated with key ingredients, such as dairy, soy, and eggs. A trend is on the rise, with the availability of customized bakery ingredients, including non-fat dairy alternatives, liquid whole egg alternatives, and dough ingredients, which contain fat replacement properties and provide crispy texture, as well as a tender structure than eggs in cakes.
Also, starches are widely utilized in a plethora of beverages including soft drinks, fruit drinks, brewing, and alcoholic beverages. The starches are increasingly utilized for instant beverage mixes wherein it acts as a thickener, flavor carrier, and a bulking agent. Therefore increasing demand for food additives in various application segments is expected to contribute towards the market growth.
