Post Buying Request
Home > Industry News > Food Additives Market 2024 Segmentation, Application, Technology & Industry Analysis

Food Additives Market 2024 Segmentation, Application, Technology & Industry Analysis

Food Additives Market 2024 Segmentation, Application, Technology & Industry Analysis2018.08.07

MarketStudyReport.com offers 2018 report on global Food Additives market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

Food Additives Market may surpass USD 115 billion by 2024. Food emulsifiers Market may witness a significant gain at over 4% during forecast timeline. They are widely used in processing and also to maintain freshness & quality. They can prevent the growth of moulds which will happen in case the oil and fat separated in low fat spreads.

Growing consumer awareness about health consciousness along with supportive government schemes has led to widespread usage of food additives in market. Rapid expansion of technology in food industry pertaining to consumer's demand for healthy and organic product options will positively influence market growth.

 

 

Food additives have various applications in bakery and confectionary, beverages, dairy and frozen products, sauce and dressings amongst others. Rapid expansion of technology in the industry pertaining to consumer's demand for healthy and organic product options will positively affect market growth. Asia Pacific food & beverage market was valued at over USD 3.0 trillion in 2016 and may witness gains at over 10%. Food additives derived from natural sources are easily available at minimal cost, which is providing a cost advantage to the manufacturers.

Sweeteners Market is projected to surpass over USD 60 billion by 2024. Consumers believe in low-calorie sweeteners will effective for various purposes which includes weight reduction, weight maintenance, management of diabetes and reduction in the risks associated with obesity, thereby driving the industry growth. Asia Pacific natural sweetener Market is likely to witness a significant gain at over 4.5% during the forecast timeframe. Natural sweetener increases the stability of the products and is also used in milk formulations to increase the bioactive calcium.

Food Additives Market Size By Product (Flavors & Enhancers {Natural, Artificial}, Sweeteners {Natural [Stevia, Thaumatin], High Intensity Sweeteners, Bulk Sweeteners [Sucrose, Lactose, Fructose, High Fructose Corn Syrup], Sugar Substitutes [Sucralose, Xylitol, Saccharine, Aspartame]}, Food Emulsifiers {Mono, Di-Glycerides & Derivatives, Lecithin, Stearoyl Lactylates, Sorbitan Esters}, Acidulants {Citric Acid, Lactic Acid, Fumaric Acid, Phosphoric Acid, Tartaric Acid, Malic Acid}, Shelf-Life Stabilizers, Food Colorants {Natural, Synthetic}, Enzymes, Hydrocolloids {Xanthan Gum, Starch, Guar Gum, Carrageenan}, Preservatives {Natural, Artificial [Antimicrobial Agent, Antioxidants, Chelating Agent]})

By Application (Bakery & Confectionery, Food & Nutrition, Beverages, Dairy & Frozen Desserts, Sauces & Dressings)

Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, Italy, France, Spain, The Netherlands, Russia, Macedonia, Albania, Belarus, Ukraine, Poland, China, India, Japan, South Korea, Thailand, Australia, Malaysia, Brazil, Argentina, Saudi Arabia, UAE, South Africa)

Food additives Market from beverage application is projected to reach over USD 50 billion by 2024. They are widely used in various beverage applications including soft drinks, juices, coffee, and wines. Fumaric acid is used as an additive in alcoholic beverages, including spirits, beer, malt beverages, wine, wine coolers and low-alcohol beverages, thereby propelling the industry growth.

Raw materials used in the production process of various food additives are derived from either natural source such as plants or chemically produced to prevent contamination and preserve the product. Key raw materials used in the production includes soybean, sunflower, rapeseed, palm oil, glycerol and sugarcane. However, fluctuating raw material prices of these raw materials may impact the food additives market price trends.

North America driven by the U.S., Canada and Mexico food additives Market is expected to reach at USD 29 billion by 2024. The growing demand for confectionery and beverage products in North America due to hectic lifestyle, increased urbanization and growing retail and hospitality sector is in turn expected to drive the growth demand in the region.

 

source: menafn.com

Tag
Share It : Food Additives Market 2024 Segmentation, Application, Technology & Industry Analysis Food Additives Market 2024 Segmentation, Application, Technology & Industry Analysis Food Additives Market 2024 Segmentation, Application, Technology & Industry Analysis Food Additives Market 2024 Segmentation, Application, Technology & Industry Analysis
fi india