Market Overview:
The global food and beverages additives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for processed foods and beverages, rising awareness about healthy eating habits, and growing demand for convenience foods. The food and beverages additives market is segmented on the basis of type, source, application, and region. On the basis of type, the market is segmented into acidulants, colors, emulsifiers, flavors & enhancers (natural & synthetic), hydrocolloids (gums & starches), preservatives (organic acids & salts), sweeteners (artificial & natural), and others (anti-caking agents). On the basis of source, the market is segmented into natural sources and synthetic sources. On the basis of application,the market is divided into bakery products& confectionery products; dairy products& frozen desserts; beverage products; condiments& sauces; snacks& savory items; infant formula milk powder; pet food/animal feed supplements ;and others including dietary supplements).
Product Definition:
Food additives are substances added to food to preserve flavor or improve its appearance. Food additives include antioxidants, colorings, emulsifiers, and preservatives.
By Type:
By type, it's usage and growth factor in Food and Beverages Additives market is classified into Natural Flavors, Artificial Flavors, Colorants.
The global food & beverage additives industry has been witnessing significant changes over the past few years owing to the dynamic nature of the food processing industry coupled with changing consumer preferences towards various types of foods.
Acidulants:
Acidulants are substances that enhance the sourness, tartness, and other taste characteristics of fruit or vegetable products. They can be natural (such as citric acid) or synthetic (aspartic acid). Acidulants are used in a wide range of food & beverage applications including baked goods, beverages such as lemonade and soft drinks.
Application Insights:
Beverages emerged as the leading application segment and accounted for over 30% of the global market share in terms of revenue in 2017. The growth is attributed to extensive usage of additives such as emulsifiers, preservatives, sweeteners and colors by beverage manufacturers to improve product quality.
Bakery & confectionery products are generally high in moisture content which makes them prone to mold growth or bacterial development if there are any openings or cracks present in the packaging material. Thus, additive companies have developed innovative packaging materials that prevent this from happening while maintaining nutritional value and taste of food products. This has led to increased demand for bakery & confectionery products worldwide which is expected to fuel overall industry growth over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population, which makes it a key target for food and beverage companies. Increasing disposable income levels are also expected to drive demand from Asia Pacific over the forecast period. Europe accounted for more than 20% of total market share in 2017 owing to high consumption levels of alcoholic beverages, confectioneries, dairy products, and processed meats among others.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the food and beverage additives market. Convenience foods are those that can be prepared or served quickly and easily, without much effort. They are generally pre-packaged or frozen, and include items such as pizzas, sandwiches, burgers, ready-made meals, etc.
- Rising disposable incomes: Another key growth driver for the food and beverage additives market is rising disposable incomes around the world. This has led to an increase in spending on processed and packaged foods as well as on luxury items such as dining out at restaurants.
- Growing awareness about health & nutrition: There is a growing awareness among consumers about the importance of good health and nutrition, which is driving them to opt for healthier alternatives such as products that contain food additives which improve nutrient absorption or help in weight management process .This trend is particularly prominent in developed countries where people are increasingly becoming health conscious .
Scope Of The Report
Report Attributes
Report Details
Report Title
Food and Beverages Additives Market Research Report
By Type
By Type, Acidulants, Colors, Emulsifiers, Flavors, Hydrocolloids, Preservatives, Sweeteners, By Source, Natural, Synthetic
By Application
Bakery & Confectionery, Beverages, Dairy & Frozen Desserts
By Companies
DuPont, Archer Daniels Midland, Cargill, Incorporated, CHR, Hansen, Kerry, BASF, Symrise, Sensient Technologies, Royal DSM, Tate?Lyle, Kerry, Givaudan, Firmenich
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Food and Beverages Additives Market Report Segments:
The global Food and Beverages Additives market is segmented on the basis of:
Types
By Type, Acidulants, Colors, Emulsifiers, Flavors, Hydrocolloids, Preservatives, Sweeteners, By Source, Natural, Synthetic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery & Confectionery, Beverages, Dairy & Frozen Desserts
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- Archer Daniels Midland
- Cargill
- Incorporated
- CHR
- Hansen
- Kerry
- BASF
- Symrise
- Sensient Technologies
- Royal DSM
- Tate?Lyle
- Kerry
- Givaudan
- Firmenich
Highlights of The Food and Beverages Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- By Type
- Acidulants
- Colors
- Emulsifiers
- Flavors
- Hydrocolloids
- Preservatives
- Sweeteners
- By Source
- Natural
- Synthetic
- By Application:
- Bakery & Confectionery
- Beverages
- Dairy & Frozen Desserts
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food and Beverages Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food and beverage additives are substances that are added to food or beverages in order to improve their flavor, texture, color, or other characteristics. Common additives used in foods include salt, sugar, spices, and flavors. Additives can also be used in medications and cosmetics.
Some of the major companies in the food and beverages additives market are DuPont, Archer Daniels Midland, Cargill, Incorporated, CHR, Hansen, Kerry, BASF, Symrise, Sensient Technologies, Royal DSM, Tate?Lyle, Kerry, Givaudan, Firmenich.
The food and beverages additives market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food and Beverages Additives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food and Beverages Additives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food and Beverages Additives Market - Supply Chain
4.5. Global Food and Beverages Additives Market Forecast
4.5.1. Food and Beverages Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food and Beverages Additives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food and Beverages Additives Market Absolute $ Opportunity
5. Global Food and Beverages Additives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food and Beverages Additives Market Size and Volume Forecast by Type
5.3.1. By Type
5.3.2. Acidulants
5.3.3. Colors
5.3.4. Emulsifiers
5.3.5. Flavors
5.3.6. Hydrocolloids
5.3.7. Preservatives
5.3.8. Sweeteners
5.3.9. By Source
5.3.10. Natural
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food and Beverages Additives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food and Beverages Additives Market Size and Volume Forecast by Application
6.3.1. Bakery & Confectionery
6.3.2. Beverages
6.3.3. Dairy & Frozen Desserts
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food and Beverages Additives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food and Beverages Additives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food and Beverages Additives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food and Beverages Additives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food and Beverages Additives Demand Share Forecast, 2019-2029
9. North America Food and Beverages Additives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food and Beverages Additives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food and Beverages Additives Market Size and Volume Forecast by Application
9.4.1. Bakery & Confectionery
9.4.2. Beverages
9.4.3. Dairy & Frozen Desserts
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food and Beverages Additives Market Size and Volume Forecast by Type
9.7.1. By Type
9.7.2. Acidulants
9.7.3. Colors
9.7.4. Emulsifiers
9.7.5. Flavors
9.7.6. Hydrocolloids
9.7.7. Preservatives
9.7.8. Sweeteners
9.7.9. By Source
9.7.10. Natural
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food and Beverages Additives Demand Share Forecast, 2019-2029
10. Latin America Food and Beverages Additives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food and Beverages Additives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food and Beverages Additives Market Size and Volume Forecast by Application
10.4.1. Bakery & Confectionery
10.4.2. Beverages
10.4.3. Dairy & Frozen Desserts
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food and Beverages Additives Market Size and Volume Forecast by Type
10.7.1. By Type
10.7.2. Acidulants
10.7.3. Colors
10.7.4. Emulsifiers
10.7.5. Flavors
10.7.6. Hydrocolloids
10.7.7. Preservatives
10.7.8. Sweeteners
10.7.9. By Source
10.7.10. Natural
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food and Beverages Additives Demand Share Forecast, 2019-2029
11. Europe Food and Beverages Additives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food and Beverages Additives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food and Beverages Additives Market Size and Volume Forecast by Application
11.4.1. Bakery & Confectionery
11.4.2. Beverages
11.4.3. Dairy & Frozen Desserts
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food and Beverages Additives Market Size and Volume Forecast by Type
11.7.1. By Type
11.7.2. Acidulants
11.7.3. Colors 11.7.4. Emulsifiers
11.7.5. Flavors
11.7.6. Hydrocolloids
11.7.7. Preservatives
11.7.8. Sweeteners
11.7.9. By Source
11.7.10. Natural
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food and Beverages Additives Demand Share, 2019-2029
12. Asia Pacific Food and Beverages Additives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food and Beverages Additives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food and Beverages Additives Market Size and Volume Forecast by Application
12.4.1. Bakery & Confectionery
12.4.2. Beverages
12.4.3. Dairy & Frozen Desserts
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food and Beverages Additives Market Size and Volume Forecast by Type
12.7.1. By Type
12.7.2. Acidulants
12.7.3. Colors
12.7.4. Emulsifiers
12.7.5. Flavors
12.7.6. Hydrocolloids
12.7.7. Preservatives
12.7.8. Sweeteners
12.7.9. By Source
12.7.10. Natural
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food and Beverages Additives Demand Share, 2019-2029
13. Middle East & Africa Food and Beverages Additives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food and Beverages Additives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food and Beverages Additives Market Size and Volume Forecast by Application
13.4.1. Bakery & Confectionery
13.4.2. Beverages
13.4.3. Dairy & Frozen Desserts
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food and Beverages Additives Market Size and Volume Forecast by Type
13.7.1. By Type
13.7.2. Acidulants
13.7.3. Colors
13.7.4. Emulsifiers
13.7.5. Flavors
13.7.6. Hydrocolloids
13.7.7. Preservatives
13.7.8. Sweeteners
13.7.9. By Source
13.7.10. Natural
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food and Beverages Additives Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Food and Beverages Additives Market: Market Share Analysis
14.2. Food and Beverages Additives Distributors and Customers
14.3. Food and Beverages Additives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DuPont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Archer Daniels Midland
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cargill
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Incorporated
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CHR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hansen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kerry
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BASF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Symrise
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sensient Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Royal DSM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tate?Lyle
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kerry
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Givaudan
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Firmenich
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1.