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Food Additives Market Size, Share, Industry Analysis, 2030

Growing population and food requirements coupled with changing lifestyles and preferences for packaged food are expected to drive the demand for Food Additives for the forecast period. Moreover, the increasing number of working women worldwide is also another factor propelling demand growth of packaged food, thus growing the demand for Food Additives.

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Food Additives Market Size, Share, Industry Analysis, 2030

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  1. Food Additives Market Analysis: Plant Food Additives Market Analysis: Plant Capacity, Production, Operating Capacity, Production, Operating Efficiency, Demand & Supply, End Efficiency, Demand & Supply, End- -User Industries, Distribution Channel, Industries, Distribution Channel, Regional Demand, 2015 Regional Demand, 2015- -2030 User 2030

  2. Food Additives demand stood at 1.36 Million Tonnes in 2020 and is forecast to reach 2.45 Million Tonnes by 2030, growing at a healthy CAGR of 5.75% until 2030. Food Additives are chemicals that are added to food items to impart specific properties to the food product. Food Additives can enhance several properties of food, including shelf life, lowering contamination, appearance, and appeal, and overall food safety. Food Additives are of various types including acidulants, emulsifiers, colors, flavors, hydrocolloids, preservatives, and sweeteners. Due to their property-enhancing capabilities, Food Additives find application in various types of food products, including bakery and confectionary, beverages, dairy, and frozen desserts, spices, condiments, sauces and dressings, and others. Growing population and food requirements coupled with changing lifestyles and preferences for packaged food are expected to drive the demand for Food Additives for the forecast period. Moreover, the increasing number of working women worldwide is also another factor propelling demand growth of packaged food, thus growing the demand for Food Additives. In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns, which had an impact on several industries. The food industry was among the least affected industries during the pandemic. In fact, during the pandemic, there was a surge in the demand for packaged food, which impacted the demand for Food Additives for the first half of 2020. The demand for Food Additives grew during the coronavirus pandemic. Along with the online delivery systems, many businesses expanded over the online platform, and with the ease of access and surety of all the health checks done and confirmed, consumers were inclined to purchase the packaged food from the online platforms that influenced the production of the snack items and other products in abundance and thereby aided to the growth of the global Food Additives market in the upcoming ten years.

  3. Regional Outlook: Region-wise, the Asia Pacific region holds the major share of global demand for Food Additives due to increasing population and food security requirements in emerging economies like India and China. Moreover, increasing preference towards packaged food coupled with a growing number of food industries using Food Additives is another factor influencing demand growth in the Asia Pacific region. Major Players: BASF DuPont Cargill Archer Daniels Adani Wilmer Midland Company Ajinomoto Hansen Holding A/S Kerry Group Plc Kerry Group Evonik Industries AG Tate & Lyle PLC Novozymes A/S, etc. • • • • • • • • • • • • •

  4. Years considered for this report: Historical Period: 2015-2019 Base Year: 2020 Estimated Year: 2021 Forecast Period: 2022–2030 Objective of the Study: To assess the demand-supply scenario of Food Additives which covers production, demand and supply of Food Additives market globally. ➢ ➢ To analyse and forecast the market size of Food Additives. To classify and forecast global Food Additives market based on technology, end-use, and regional distribution. ➢ ➢ To identify drivers and challenges for the global Food Additives market. ➢ To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global Food Additives market. ➢ To identify and analyse the profile of leading players involved in the manufacturing of Food Additives.

  5. Report Scope: In this report, global Food Additives market has been segmented into following categories, in addition to the industry trends which have also been detailed below: Attribute Details Market size volume in 2020 1.36 million Tonnes Market size volume in 2030 2.45 million Tonnes Growth Rate CAGR of 5.75% from 2021 to 2030 Base year for estimation 2020 Historic Data 2015 – 2019 Forecast period 2022 – 2030 Quantitative units Demand in tons and CAGR from 2021 to 2030 Report coverage Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends Segments covered 1. Application: (Bakery and Confectionary, Beverages, Dairy and Frozen Desserts, Spices, Condiments, Sauces and Dressings) 2. Type: (Acidulants, Emulsifiers, Colours, Flavours, Hydrocolloids, Preservatives, and Sweeteners.) 3. Sales Channel (Direct/Institutional Sales, Indirect Sales) Regional scope North America; Europe; Asia Pacific; South America; Middle East & Africa Key companies profiled BASF, DuPont, Cargill, Archer Daniels, Adani Wilmer, Midland Company, Ajinomoto, Hansen Holding A/S, Kerry Group Plc, Kerry Group, Evonik Industries AG, Tate & Lyle PLC, Novozymes A/S, etc. Customization scope Free report customization with purchase. Addition or alteration to country, regional & segment scope. Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options

  6. To extract data for the global Food Additives market, primary research surveys were conducted with Food Additives manufacturers, suppliers, distributors, wholesalers and end-users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end-user segments and projected a positive outlook for the Global Food Additives market over the coming years. ChemAnalyst calculated Food Additives demand globally by analyzing the historical data and demand forecast, which was carried out considering imported Food Additives, prices, materials used for the production of Food Additives. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst. Key Target Audience: ➢ Food Additives manufacturers and other stakeholders ➢ Organizations, forums and alliances related to Food Additives distribution ➢ Government bodies such as regulating authorities and policymakers ➢ Market research organizations and consulting companies The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Food Additives manufacturers, customers and policymakers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in making investment decisions and facilitating their expansion.

  7. TABLE OF CONTENTS 1. Global Food Additives Market Outlook, 2015-2030 2. Global Food Additives Demand Outlook, 2015-2030, By Volume 3. North America Food Additives Market Outlook, 2015-2030 4. North America Food Additives Demand Outlook, 2015-2030, By Volume 5. Asia Pacific Food Additives Market Outlook, 2015-2030 6. Asia Pacific Food Additives Demand Outlook, 2015-2030, By Volume 7. Europe Food Additives Market Outlook, 2015-2030 8. Europe Food Additives Demand Outlook, 2015-2030, By Volume 9. MEA Food Additives Market Outlook, 2015-2030 10. MEA Food Additives Demand Outlook, 2015-2030, By Volume 11. South America Food Additives Market Outlook, 2015-2030 12. South America Food Additives Demand Outlook, 2015-2030, By Volume 13. By Region 14. Country-wise Import 15. Country-wise Export

  8. 16. News and Deals METHODOLOGY ChemAnalyst identify firm planned capacities, planned expansions and closures in identified geographies and also provide list of idling capacities wherever wise product demand profile based on past user industry data, capacity utilization & year-wise growth rates for last 10 years including current year. applicable. ChemAnalyst derive segment- Finally, ChemAnalyst project future growth considering potential new applications up to next 15 years, along with detailed basis / assumption for arriving at the projected growth rates. Current sources of products’ import along with logistics details of shipping aspect, inland transportation and cost details has been taken through primary research. Export destinations to be targeted based on market study have been listed. Details of shipping aspect, inland transportation and cost details etc. will be based on primary research. Demand = Production + Import – Export – Inventory Demand Supply Gap = Production - Demand ChemAnalyst Research perform periodical checks on data being collected through surveys with logic checks and analyze survey results and data generated through its proprietary database. ChemAnalyst will also use data triangulation technique to fill the gaps and to present the more meaning picture of the market. ChemAnalyst will deliver the final comprehensive project report in online digital format.

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  10. About Us & Disclaimer ChemAnalyst Research is a global market research and consulting company with offices in the US, Indonesia and Indonesia. ChemAnalyst Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by- state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Asia-Pacific Europe North America B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@chemanalyst.com www.chemana;yst.com 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@chemanalyst.com www.chemana;yst.com 420 Lexington Avenue, Suite 300, New York, NY, United States, 10170 Email: sales@chemanalyst.com www.chemana;yst.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. Techsci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, Techsci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of Techsci Research

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