The global food additives market is expected to grow at a compound annual growth rate (CAGR) of 6.48% during the forecast period (2024-2031). The increased focus on increasing the shelf life and stability of the food additives is one of the drivers for market growth. As the sales of packaged/processed food are increasing the food additives company has increased its focus in developing such additives which keep processed food healthy for a long period of time. Many of the antioxidants, emulsifiers, preservatives, and stabilizers are being used to keep the shelf life of the food as long as possible. The preservatives used in the food omit the risk of bacteria, fungus, and many other bacteria. Here antioxidants play a crucial role in increasing the shelf life of the food. The antioxidants prevent the food from reacting with air outside and help to preserve the essential fats and nutrition of the food.
According to the press release of ADM, it released a new product lineup of antioxidants which were made from plant-based functional extracts in August 2017. The lineup launched by the company included green tea, an antioxidant blend, and acerola, a tropical fruit that is rich in Vitamin C as well as bioflavonoids.
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Market Coverage
The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Source
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape includes ADM, Chr. Hansen Holding A/S, Ingredion Inc., International Flavors & Fragrances, Tate & Lyle plc (IFF), and others.
Food Additives Market Report Segment
By Source
Natural
Synthetic
By Type
Emulsifiers and Enzymes
Sweeteners
Hydrocolloids
Others (Acidulants, Dietary fibers, and many more)
By Application
Food
Beverages
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Food Additives Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Ajinomoto Co., Inc.
BASF SE
Bunge Global SA
Cargill, Inc.
Corbion NV
Fooding Grp, Ltd.
Givaudan
Kerry Group plc
Lonza Group Ltd.
McCormick & Co.
Novozymes
Palsgaard
PepsiCo, Inc.
Roquette Frères
Sensient Technologies Corp.
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