Global Food Additives Market – Industry Growth Forecast Report 2023

Due to rising demand for flavors, and preservatives in the food industry, the market of food additives is growing at an incremental pace globally. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Food Additives Market Research Report- Forecast to 2022 that the market will demonstrate an exponential growth while achieving billion-dollar growth rapidly in the forecast period.

Food additives are used in food & beverages industry for various such as colors, flavors, enzymes, preservatives, sweeteners, stabilizers, and thickeners. The consumer’s demand for safer and more nutritious food in the form of nutritive additives is expected to drive the growth of food additives market

Aug 2017 in order to support the rising demand for natural sweeteners from the consumers’ end, Coca-Cola announced their interest in investments in all-natural low- or no-calorie sugar alternatives.

Mar 2017 Encouraging manufacturers to enter production of natural sweeteners as a potential food additive, ED&F Man and Unavoo launched natural sweetener breakthrough that cuts sugar by 100%. The product claims to have high potential as sugar replacer.

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Some of the key players profiled in the global food additives market:  BASF SE (Germany), Cargill Inc. (U.S), Archer-Daniels-Midland Company (U.S.), Kerry Group Plc. (Ireland), E. I. du Pont de Nemours and Company (U.S.), Evonik Industries AG (Germany), and Tate & Lyle Plc. (U.K.), among others.

The global Food Additives Market has been divided into type, source, application, and region.

Based on Type: Acidity Regulators, Colors, Flavors, Enzymes, Preservatives, Sweeteners, Stabilizers & Thickeners, Anticaking Agents, and Others

Browse the market data and information spread across 110 pages with 47 data tables and 12 figures of the report Food Additives Market Research Report – Forecast to 2023 in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/food-additives-market-1383

North America will witness maximum growth in the food additives market followed by Europe and Asia Pacific. In terms of value, the market size of North America will continue to be high with more than half of the market share. The increasing per capita disposable income in India and China and growing demand for nutritional food will boost the food additive market growth.

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