Market Overview:
The global beverage additives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for convenience foods and rising consumer awareness about the benefits of using additives in food and beverages. The global beverage additives market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into flavouring agents, preservatives, colorants, and others. Flavouring agents are further sub-segmented into natural flavours and artificial flavours. Preservatives are further sub-segmented into synthetic preservatives and organic preservatives. Colorants are further sub-segmented into natural colorants and artificial colorants. Others include emulsifiers, stabilizers & thickeners among others). On the basis of application,the market is segmentedinto alcoholic beveragesand nonalcoholic beverages . Alcoholic beverages are further sub-segmentedin beer , wine , spirits ,and others . Nonalcoholic beverages are furthur subdividedinto carbonated soft drinks (CSDs), fruit juices & nectars juice drinks), bottled water sports drinks) iced tea/coffee milk products) functional drinks) energy drinks),andOthers ).
Product Definition:
Beverage additives are substances that are intentionally added to beverages for the purpose of affecting their taste, appearance, or other qualities. Some common beverage additives include sugar, salt, flavorings, and colorings. The addition of these substances can improve the flavor or mouthfeel of a beverage and make it more appealing to consumers. Beverage additives can also be used to enhance the shelf life of a product or to mask off-flavors.
Flavouring Agents:
Flavouring agents are used to enhance the taste of a product. They can be natural or artificial in nature and are added during various stages of beverage manufacturing process. Flavouring agents enhance the taste by adding certain aroma to it, which is usually done with natural flavoring agents like plants, fruits etc., while synthetic flavoring agent is produced in laboratories using chemical synthesis method.
Flavouring agent market size.
Preservatives:
Preservatives are the chemical substances added to food and beverage products for extending their shelf life. They help in preventing the growth of microorganisms, which helps in increasing product stability. Some of the commonly used preservatives include sorbates, propionates, and salicylic acid among others. The most widely used preservative is probably salt; it is found in almost every food product including baked goods, canned vegetables & fruits as well as pickles & vinegar.
Application Insights:
The alcoholic beverages segment held the largest share of more than 40.0% in 2017. The growth is attributed to the increasing consumption of beer, wine and spirits across the globe. In addition, favorable government regulations regarding labeling and packaging are expected to drive demand for various additives used in alcoholic beverages over the forecast period.
Non-alcoholic beverage application is projected to witness a significant CAGR of XX% from 2018 to 2030 owing to rising consumer preference for healthy lifestyle practices coupled with growing health awareness among consumers globally.
Regional Analysis:
Europe accounted for the largest share of over 35.0% in 2017 owing to high demand from countries, such as U.K., Germany, and France among others. The region is expected to maintain its dominance during the forecast period due to rising consumer awareness regarding health benefits associated with nutritional beverages coupled with increasing R&D activities by key companies for development of innovative products targeting this market segment.
Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing an increase in per capita income along with growing middle-class population base especially in China.
North America was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for convenience foods and beverages: The growing demand for convenience foods and beverages is one of the key growth drivers for the beverage additives market. This is because beverage additives help in enhancing the flavor, color, and texture of these products, making them more appealing to consumers.
- Rising awareness about health benefits of functional drinks: There is a rising awareness among consumers about the health benefits of functional drinks, which is driving the demand for beverage additives such as probiotics and prebiotics. These additives help in improving gut health and preventing various diseases.
- Growing popularity of energy drinks: The popularity of energy drinks is another major growth driver for the beverage additives market. These drinks are fortified with various nutrients and supplements that help in boosting energy levels, thus attracting a large number of consumers across different age groups.
Scope Of The Report
Report Attributes
Report Details
Report Title
Beverage Additives Market Research Report
By Type
Flavouring Agents, Preservatives, Colorants, Others
By Application
Alcoholic Beverages, Non-Alcoholic Beverages
By Companies
Archer Daniels Midland Company, Cargill Incorporated, Bell Flavors and Fragrances Incorporated, Dallant S.A, International Flavors & Fragrances Inc, NutraSweet Company, Ashland Incorporated, Sensient Technologies Corp, American Tartaric Products Inc, California Custom Fruits & Flavors Inc, Archer Daniels Midland Company, Celanese Corporation, Instantina GmbH, Chr. Hansen A/S, Corbion N.V, JEY'S F.I. INC, Kerry Group, Koninklijke DSM N.V
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Beverage Additives Market Report Segments:
The global Beverage Additives market is segmented on the basis of:
Types
Flavouring Agents, Preservatives, Colorants, Others
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
Alcoholic Beverages, Non-Alcoholic Beverages
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:
- Archer Daniels Midland Company
- Cargill Incorporated
- Bell Flavors and Fragrances Incorporated
- Dallant S.A
- International Flavors & Fragrances Inc
- NutraSweet Company
- Ashland Incorporated
- Sensient Technologies Corp
- American Tartaric Products Inc
- California Custom Fruits & Flavors Inc
- Archer Daniels Midland Company
- Celanese Corporation
- Instantina GmbH
- Chr. Hansen A/S
- Corbion N.V
- JEY'S F.I. INC
- Kerry Group
- Koninklijke DSM N.V
Highlights of The Beverage 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:
- Flavouring Agents
- Preservatives
- Colorants
- Others
- By Application:
- Alcoholic Beverages
- Non-Alcoholic Beverages
- 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 Beverage 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?
Beverage additives are chemicals that are added to beverages in order to improve flavor, appearance, or stability. Common additives include sweeteners, preservatives, and colors.
Some of the major companies in the beverage additives market are Archer Daniels Midland Company, Cargill Incorporated, Bell Flavors and Fragrances Incorporated, Dallant S.A, International Flavors & Fragrances Inc, NutraSweet Company, Ashland Incorporated, Sensient Technologies Corp, American Tartaric Products Inc, California Custom Fruits & Flavors Inc, Archer Daniels Midland Company, Celanese Corporation, Instantina GmbH, Chr. Hansen A/S, Corbion N.V, JEY'S F.I. INC, Kerry Group, Koninklijke DSM N.V.
The beverage additives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beverage Additives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beverage Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beverage Additives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beverage Additives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beverage Additives Market Size & Forecast, 2020-2028
4.5.1 Beverage Additives Market Size and Y-o-Y Growth
4.5.2 Beverage Additives Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flavouring Agents
5.2.2 Preservatives
5.2.3 Colorants
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Alcoholic Beverages
6.2.2 Non-Alcoholic Beverages
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beverage Additives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beverage Additives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flavouring Agents
9.6.2 Preservatives
9.6.3 Colorants
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Alcoholic Beverages
9.10.2 Non-Alcoholic Beverages
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flavouring Agents
10.6.2 Preservatives
10.6.3 Colorants
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Alcoholic Beverages
10.10.2 Non-Alcoholic Beverages
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flavouring Agents
11.6.2 Preservatives
11.6.3 Colorants
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Alcoholic Beverages
11.10.2 Non-Alcoholic Beverages
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flavouring Agents
12.6.2 Preservatives
12.6.3 Colorants
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Alcoholic Beverages
12.10.2 Non-Alcoholic Beverages
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flavouring Agents
13.6.2 Preservatives
13.6.3 Colorants
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Alcoholic Beverages
13.10.2 Non-Alcoholic Beverages
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beverage Additives Market: Competitive Dashboard
14.2 Global Beverage Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Archer Daniels Midland Company
14.3.2 Cargill Incorporated
14.3.3 Bell Flavors and Fragrances Incorporated
14.3.4 Dallant S.A
14.3.5 International Flavors & Fragrances Inc
14.3.6 NutraSweet Company
14.3.7 Ashland Incorporated
14.3.8 Sensient Technologies Corp
14.3.9 American Tartaric Products Inc
14.3.10 California Custom Fruits & Flavors Inc
14.3.11 Archer Daniels Midland Company
14.3.12 Celanese Corporation
14.3.13 Instantina GmbH
14.3.14 Chr. Hansen A/S
14.3.15 Corbion N.V
14.3.16 JEY'S F.I. INC
14.3.17 Kerry Group
14.3.18 Koninklijke DSM N.V
