Global Food Additives
Market Report
2024
The global Food Additives market size is USD 120.1 billion in 2024. The Food Additives market will show the strongest growth with a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. This growth can be because of the increasing demand for processed foods.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Food Additives market size will be USD 120.1 billion in 2024 and will expand at the compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Food Additives Market Sales Revenue 2030 | $ 80.16 Billion |
Global Food Additives Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.74% |
Market Split by Type |
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Market Split by Source |
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Market Split by Form |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Food Additives Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Food Additives Market is a vital component of the global food industry, encompassing a diverse range of substances added to food and beverages to enhance their flavor, appearance, texture, and shelf-life. These additives include preservatives, antioxidants, emulsifiers, flavor enhancers, and colorants. With the increasing demand for the processed and convenience foods, the market for food additives has witnessed significant growth, driven by factors like urbanization, changing consumer lifestyles, and the need for extended product durability. However, the market also experience challenges, including strict regulations governing the use of additives, growing consumer concerns about synthetic ingredients, and the rising preference for natural and clean-label products. Despite these hurdles, technological advancements, innovations in ingredient sourcing, and the development of safer and more sustainable additives are expected to fuel continued growth in the Food Additives Market, catering to evolving consumer preferences and industry demands.
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In February 2024, Ajinomoto Co. opened a new office in Silicon Valley. The office provides different types of food solutions in the US market. The purpose of this expansion was to expand the company’s business.
(Source:https://www.ajinomoto.com/cms_wp_ajnmt_global/wp-content/uploads/pdf/2024_02_13E.pdf)
Top Companies Market Share in Food Additives Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in the year 2024 and accounted for around 40% of global revenue due to its well-established food processing industry, stringent food safety regulations, and high consumer demand for processed and convenience foods. The region's advanced manufacturing infrastructure, extensive R&D investments, and strong presence of key market players contribute to its dominance, making it a significant hub for food additive production, innovation, and consumption.
Asia-Pacific stands out as the fastest-growing region in the Food Additives market due to the rapid urbanization, changing dietary habits, and increasing disposable incomes. The region's booming population drives demand for processed and convenience foods, necessitating the use of food additives for flavor enhancement, preservation, and texture improvement. Additionally, expanding food and beverage industries and evolving regulatory landscapes contribute to the market's growth in Asia Pacific.
The current report Scope analyzes Food Additives Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Food Additives Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Food Additives Industry growth. Food Additives market has been segmented with the help of its Type, Source Form, and others. Food Additives market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Food Additives market.
Type Segment analysis of Food Additives industry helps to understand the different components, trends, and consumer preferences within the industry. The F&B industry encompasses various products, from fresh produce to processed foods, beverages, and others. This diversity allows for creativity and innovation in product development. This chapter offers revenue share analysis of Food Additives market at global as well as regional level. This detailed analysis helps to understand the specific needs of different customers. Moreover, it can help to make key decisions about product development, pricing strategies, and market positioning.
Type of Food Additives analyzed in this report are as follows:
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According to cognitive market research, natural is the dominant category due to the increasing consumer demand for clean-label products and healthier food options. Natural additives, derived from sources such as fruits, vegetables, herbs, and spices, are perceived as safer and more wholesome alternatives to synthetic counterparts. They offer benefits like improved nutritional value, cleaner ingredient labels, and reduced risk of adverse health effects. As a result, food manufacturers are increasingly replacing synthetic additives with natural ones to meet consumer preferences and regulatory requirements, driving significant growth and innovation in the natural food additives segment of the market. .
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Food Additives Market is witnessing significant growth in the near future.
In 2023, the Flavors & Enhancers segment accounted for noticeable share of global Food Additives Market and is projected to experience significant growth in the near future.
The Natural segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Chr. Hansen Holding A/S , Royal DSM N.V. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Flavors & Enhancers, Sweeteners, Enzymes, Emulsifiers, Shelf-life Stabilizers, Fat Replacers, Prebiotics, Probiotics, Dietary Fibers, Others |
Source | Natural, Synthetic |
Form | Dry, Liquid |
Application | Bakery & Confectionery, Beverages, Convenience Foods, Dairy & Frozen Desserts, Others |
List of Competitors | Chr. Hansen Holding A/S, BASF SE, Royal DSM N.V., Sensient Technologies Corporation, Dow Chemical Company, Nutra Food Ingredients, LLC, Bell Flavors & Fragrances Incorporated, Ajinomoto Food Ingredients, Corbion Food Ingredients, Food Ingredient Solutions, LLC |
This chapter will help you gain GLOBAL Market Analysis of Food Additives. Further deep in this chapter, you will be able to review Global Food Additives Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Source Analysis 2019 -2031
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Chapter 12 Market Split by Form Analysis 2019 -2031
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Chapter 13 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Food Additives market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Flavors & Enhancers have a significant impact on Food Additives market? |
What are the key factors affecting the Flavors & Enhancers and Sweeteners of Food Additives Market? |
What is the CAGR/Growth Rate of Natural during the forecast period? |
By type, which segment accounted for largest share of the global Food Additives Market? |
Which region is expected to dominate the global Food Additives Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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