The Global Food Additives Market was valued at US$ 45.05 billion in 2016, according to a new report published by Coherent Market Insights. Food additives are substance added in food that help enhance its taste, quality, appearance, and also preserve the food from bacterial effects. Food additives are broadly categorized as acidulents, acidity regulators, antioxidants, antifoaming & foaming agents, emulsifiers, flavor enhancers, color retention agents, stabilizers, and sweeteners. Increasing disposable income and growing demand for convenience food across the globe, is expected to fuel growth of the market for food additives. Moreover, burgeoning population growth and rampant economic growth, especially in emerging economies such as India and China in Asia Pacific is expected to fuel growth in demand for convenience food and in turn drive growth of the food additives market. Food additives not only help enhance the various properties of food but also extend its shelf life.
To know the latest trends and insights prevalent in this market, click the link below:
The flavors and enhancers is the largest segment in the market of food additives, and was valued at US$ 13.33 billion in 2016, followed by fat replacers. The main function of fat replacers is to maintain a reduced fat dietary regimen, without affecting the taste of the food. Growing consumer demand for low fats and high calorie food is expected to fuel demand for antioxidants and fat replacers. Moreover, increasing incidence of diabetes is in turn, fueling demand for sugar-free food products. Flavor plays an especially important role in increasing the appeal of sugar-free food products and thus, growing demand for such product would augment growth of the global food additives market. Also, according to the United Nation (UN), the global population is projected to reach 9.7 billion by 2025, which would significantly increase demand for food and subsequently fuel growth of the global food additives market. Preservatives will have a significant role in reducing food spoilage due to microbial degradation in applications such as bakery, dairy, meat, vegetables, and fruits.
Key takeaways of the market:
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Email: [email protected]
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.