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Report
Food Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 145 Pages I IMARC Group
Market Overview:
The global food additives market size reached US$ 56.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 78.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.49% during 2023-2028.
Food additives refer to various edible substances that are added to food products to improve their color, appearance, texture and shelf-life. Edible colors, flavors, enzymes, hydrocolloids and preservatives are some of the most commonly available types of food additives that can be produced artificially or derived from natural sources, such as plants, animals and minerals. They are usually added to products, such as baked goods, desserts, soups, sauces and baby food to prevent microbial growth and contamination, while increasing the overall shelf-life.
The growing food and beverages industry, along with rapid urbanization across the globe, represent as the key factors driving the growth of the market. In line with this, changing dietary preferences and hectic schedules of the consumers have led to the rising demand for convenience food products that use food additives as a key ingredient. Furthermore, widespread adoption of organic products has further enhanced the demand for food additives manufactured using natural sources. Resulting from the rising health consciousness, consumers are opting for organic preservatives, flavoring agents, colorants, stevia-based sweeteners and extracts that have no adverse effects on the health. Additionally, the growing number of quick-service restaurants (QSRs) and emerging cafe culture, especially in the developing nations, are also creating a positive impact on the market. Other factors, including the launch of innovative product variants in numerous flavors, advancements in the processing technologies and extensive research and development (R&D) activities, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global food additives market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, source and application.
Breakup by Product Type:
Colorants
Synthetic Food Colorants
Natural Food Colorants
Emulsifiers
Mono, Di-glycerides & Derivatives
Lecithin
Sorbate Esters
Enzymes
Carbohydrase
Protease
Lipase
Fat Replacers
Protein
Starch
Others
Flavors and Enhancers
Natural Flavors
Artificial Flavors & Enhancers
Shelf-life Stabilizers
Sweeteners
HIS
HFCS
Others
Others
Breakup by Source:
Natural
Synthetic
Breakup by Application:
Bakery & Confectionery
Beverages
Convenience Foods
Dairy & Frozen Desserts
Spices, Condiments, Sauces & Dressings
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Ajinomoto Co. Inc., Archer Daniels Midland, BASF SE, Cargill Incorporated, Chr. Hansen A/S, Corbion N.V., Dow Chemical Company, Eastman Chemical Company, Givaudan, Ingredion Incorporated, Kerry Group, Koninklijke DSM N.V., Novozymes A/S, Tate & Lyle, etc.
Key Questions Answered in This Report:
How has the global food additives market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global food additives market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the source?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global food additives market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Food Additives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Colorants
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Synthetic Food Colorants
6.1.2.2 Natural Food Colorants
6.1.3 Market Forecast
6.2 Emulsifiers
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Mono, Di-glycerides & Derivatives
6.2.2.2 Lecithin
6.2.2.3 Sorbate Esters
6.2.3 Market Forecast
6.3 Enzymes
6.3.1 Market Trends
6.3.2 Major Types
6.3.2.1 Carbohydrase
6.3.2.2 Protease
6.3.2.3 Lipase
6.3.3 Market Forecast
6.4 Fat Replacers
6.4.1 Market Trends
6.4.2 Major Types
6.4.2.1 Protein
6.4.2.2 Starch
6.4.2.3 Others
6.4.3 Market Forecast
6.5 Flavors and Enhancers
6.5.1 Market Trends
6.5.2 Major Types
6.5.2.1 Natural Flavors
6.5.2.2 Artificial Flavors & Enhancers
6.5.3 Market Forecast
6.6 Shelf-life Stabilizers
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Sweeteners
6.7.1 Market Trends
6.7.2 Major Types
6.7.2.1 HIS
6.7.2.2 HFCS
6.7.2.3 Others
6.7.3 Market Forecast
6.8 Others
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by Source
7.1 Natural
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Synthetic
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Bakery & Confectionery
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Beverages
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Convenience Foods
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Dairy & Frozen Desserts
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Spices, Condiments, Sauces & Dressings
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Ajinomoto Co. Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Archer Daniels Midland
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Cargill Incorporated
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Chr. Hansen A/S
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Corbion N.V.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Dow Chemical Company
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Eastman Chemical Company
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Givaudan
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Ingredion Incorporated
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Kerry Group
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.12 Koninklijke DSM N.V.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Novozymes A/S
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.13.4 SWOT Analysis
14.3.14 Tate & Lyle
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.14.3 Financials
14.3.14.4 SWOT Analysis
Figure 1: Global: Food Additives Market: Major Drivers and Challenges
Figure 2: Global: Food Additives Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Food Additives Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Food Additives Market: Breakup by Source (in %), 2022
Figure 5: Global: Food Additives Market: Breakup by Application (in %), 2022
Figure 6: Global: Food Additives Market: Breakup by Region (in %), 2022
Figure 7: Global: Food Additives Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Food Additives (Colorants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Food Additives (Colorants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Food Additives (Emulsifiers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Food Additives (Emulsifiers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Food Additives (Enzymes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Food Additives (Enzymes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Food Additives (Fat Replacers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Food Additives (Fat Replacers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Food Additives (Flavors and Enhancers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Food Additives (Flavors and Enhancers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Food Additives (Shelf-life Stabilizers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Food Additives (Shelf-life Stabilizers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Food Additives (Sweeteners) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Food Additives (Sweeteners) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Food Additives (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Food Additives (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Food Additives (Natural) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Food Additives (Natural) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Food Additives (Synthetic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Food Additives (Synthetic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Food Additives (Bakery & Confectionery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Food Additives (Bakery & Confectionery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Food Additives (Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Food Additives (Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Food Additives (Convenience Foods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Food Additives (Convenience Foods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Food Additives (Dairy & Frozen Desserts) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Food Additives (Dairy & Frozen Desserts) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Food Additives (Spices, Condiments, Sauces & Dressings) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Food Additives (Spices, Condiments, Sauces & Dressings) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Food Additives (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Food Additives (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: North America: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: United States: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United States: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Canada: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Canada: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Asia Pacific: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Asia Pacific: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: China: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: China: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Japan: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Japan: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: India: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: India: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: South Korea: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: South Korea: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Australia: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Australia: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Indonesia: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Indonesia: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Europe: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Europe: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Germany: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Germany: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: France: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: France: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: United Kingdom: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: United Kingdom: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Italy: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Italy: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Spain: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Spain: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Russia: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Russia: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Latin America: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Latin America: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Brazil: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Brazil: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Mexico: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Mexico: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Middle East and Africa: Food Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Middle East and Africa: Food Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Food Additives Industry: SWOT Analysis
Figure 89: Global: Food Additives Industry: Value Chain Analysis
Figure 90: Global: Food Additives Industry: Porters Five Forces Analysis
Table 1: Global: Food Additives Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Food Additives Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Food Additives Market Forecast: Breakup by Source (in Million US$), 2023-2028
Table 4: Global: Food Additives Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Food Additives Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Food Additives Market: Competitive Structure
Table 7: Global: Food Additives Market: Key Players
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