The global food additives market is increasing due to
increased demand for food additives in food and beverages industry. Growing
health concerns among the global population, together with the increasing
awareness about the benefits of consuming food additives are the key driving
factors for the growth of food additives market. In addition to the changing
lifestyle, the growing demand for food, beverages, and confectionery is
expected to drive the global food additives market.
Additionally, the enhancement of the product development
coupled with technological advancements is considered to be one of the
significant reasons for the increasing growth of the food additives market
during the review period. However, health conscious consumers nowadays
precisely look for product labels to know the exact composition of packaged
foods before purchasing which has a direct impact on manufacturers to switch
for natural food additives in packaged foods.
Latest Industry Updates
Aug 2017 In order to support the
rising demand for natural sweeteners from the consumers’ end, Coca-Cola
announced their interest in investments in all-natural low- or no-calorie sugar
alternatives. The innovation through HeroX crowdsourcing platform will help the
company in expanding and strengthening their business portfolio.
May 2017 Whole Earth Sweetener
Company, launched their new stevia range in the U.K. The company’s strategy is
to suffice the rising demand for natural sugars based on escalating health
consciousness among the consumers.
Mar 2017 Encouraging manufacturers
to enter into production of natural sweeteners as a potential food additive,
ED&F Man and Unavoo launched natural sweetener breakthrough that cuts sugar
by 100%. The product claims to have high potential as sugar replacer.
Jul 2016 Food color is considered
to be one of the vital food additives which adds to the organoleptic properties
of the food product, Sentient launched yellow and orange food colors to broaden
their food color range.
Global Food Additives Market -
Competitive Analysis
New players are entering the market to penetrate the global
market and generate revenues out of their food additives offerings. With the
changing global trend, consumers are increasingly getting inclined towards
adopting healthy life-style and hence the need for healthy food ingredients and
additives has increased. Established players are identified to be investing
more on new product launch and acquisitions to strengthen their market
position. The best long-term growth opportunities for this sector can be captured
by ensuring ongoing product innovations and investments in the R&D sector
to obtain quality products.
The key players profiled in Food Additives Market are BASF SE
(Germany), Cargill Inc. (U.S), Archer-Daniels-Midland Company (U.S.), Kerry
Group plc. (Ireland), E. I. du Pont de Nemours and Company (U.S.), Evonik
Industries AG (Germany), and Tate & Lyle plc. (U.K.) among many others.
Global Food Additives Market – Segments
The global food additives market has been divided into type,
source, application, and region.
On The Basis Of Type: Acidity
Regulators, Colors, Flavors, Enzymes, Preservatives, Sweeteners, Stabilizers
& Thickeners, Anticaking Agents, and Others
On The Basis Of Source:
Synthetic, and Natural
On The Basis Of Application:
Beverages, Bakery & Confectionery, Sweet & Savory snacks, Dairy &
Frozen Desserts, Oils & Fats, and Others
On The Basis Of Region: North
America, Europe, Asia Pacific, and ROW.
Complete Report Details @ https://www.marketresearchfuture.com/reports/food-additives-market-1383
About Market Research Future
At Market Research Future (MRFR), we enable our
customers to unravel the complexity of various industries through our Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
MRFR team have supreme objective to provide the optimum
quality market research and intelligence services to our clients. Our market
research studies by products, services, technologies, applications, end users,
and market players for global, regional, and country level market segments,
enable our clients to see more, know more, and do more, which help to answer
all their most important questions.
In order to stay updated with technology and work process of
the industry, MRFR often plans & conducts meet with the industry experts
and industrial visits for its research analyst members.
Comments
Post a Comment