MRO Magazine

Research and Markets: Food Additives Market 2014-2020 – The Global Market for the Traditional Food Additives Sectors is Estimated to be Worth USD 24.46 Billion a Year


August 7, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/k68tdg/food_additives) has announced the addition of the “Food Additives Market – By Regions and Vendors – Market Size, Demand Forecasts, Industry Trends and Updates, Supplier Market Shares 2014- 2020” report to their offering.

Food additives are substances used for enhancing the taste, color and texture of food products. These additives also prevent microbial growth and increase the shelf life of food products. These additives also prevent microbial growth and increase the shelf life of food products.

Supply – Demand Scenario:

The global market for the traditional food additives sectors is estimated to be worth USD 24.46 billion a year. The global food additives market is likely to grow by CAGR of 3.6% from 2012 to 2020. The global food additives market was valued at 24.5 billion in 2014, and is expected to grow USD 38.75 billion in 2020. The United States and Europe dominate the world food additives market. Americans are particularly conscious of the calorie content, and hence low-calorie, low-fat foods are popular in the United States. This indicates a growing demand for food additives such as fat replacers, artificial sweeteners, and hydrocolloids.

The food additives market in the United States is expected to grow at around 7 percent till 2019. A surging demand for food and beverage additives from China, India, and South Korea makes Asia Pacific the fastest-growing market in the food additives industry. The Asia Pacific region is projected to register a 5% CAGR between 2012 and 2018. The market here is characterized by a high demand for convenience foods. The estimated demand for food additives in North America will surpass US$ 9.1 billion by 2018.

Companies Mentioned

  • AVEBE
  • Ajinomoto
  • Archer Daniels Midland (ADM)
  • Associated British Foods (ABF)
  • BASF
  • CP Kelco
  • CSM
  • Cargill
  • Chr. Hansen
  • DSM
  • Danisco
  • Givaudan
  • Sensient Technologies Corporation

Key Topics Covered:

1. Introduction

2. Key Findings

3. Regulatory Framework

4. Market Overview & Dynamics

5. Market Segmentation by Type

6. Competitive Landscape Overview

7. Company Profiles

8. Appendix

For more information visit http://www.researchandmarkets.com/research/k68tdg/food_additives

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Food