Food Additives Market: Global Industry Analysis and Forecast 2023 – 2030|IMR Market Report

The Global Food Additives Market size is expected to grow from USD 49.14 billion in 2022 to USD 73.71 billion by 2030, at a CAGR of 5.2% during the forecast period (2023-2030).

Food additives are compounds that are added to food as it is being produced or processed in order to enhance its flavor, texture, appearance, quality, and shelf life. These compounds are used in small amounts, typically measured in parts per million (ppm) or even parts per billion (ppb), and serve a variety of purposes. Food additives are essential to the current food industry because they provide technological functions that improve processed and packaged foods' overall safety, palatability, and convenience.

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Leading Key Players Covered in Food Additives Market:

DuPont, Archer Danial Midland (ADM) Company, CHR Hansen Holding A/S, BASF SE, Cargill Incorporated, Kerry Group Plc., Ashland Inc., Tate and Lyle Inc., Corbion NV, Royal DSM NV, Red Arrow International Inc., McCormick and Company inc., Associated British Food Plc., International Flavors and Fragrance Inc. and other major players.

These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.

 

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Segmentation of Food Additives Market:

By Type

 

  • Acidulants
  • Colors
  • Emulsifiers
  • Flavors
  • Sweeteners
  • Others

By Application

 

  • Food & Beverages
  • Diary & Frozen Products
  • Bakery & Confectionary
  • Spices & Condiments
  • Sauces & Dressings
  • Convenience Foods
  • Others

By Source

 

  • Natural
  • Synthetic

By Distribution Channels

 

  • Specialty Store
  • Supermarket/Hypermarket
  • Online
  • Others

 

Industry participants and analysts can more effectively identify and target particular market niches by segmenting the Food Additives Market and then customizing their products and tactics in response. As new applications and technologies are developed, consumer preferences and industry Demands shift, market segmentation may also alter over time. In order to stay informed about the most recent segmentation trends in the Food Additives   market, it is imperative to take into account the most recent market research and industry publications.

 

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Geographic Segment Covered in the Report

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key benefits of the report

  • This study presents the analytical depiction of the global Dietary Fibers industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Dietary Fibers market share.
  • The current market is quantitatively analyzed from 2023 to 2030 to highlight the Dietary Fibers market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Dietary Fibers market analysis based on the present and future competitive intensity of the market.

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