Summary

Food Additives Market Growth & Trends

The global food additives market size is expected to reach USD 153.46 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% from 2023 to 2030. The growing consumption of packaged food products is anticipated to drive the market.

Rising consumption of ready-to-eat, ready-to-cook, and meal replacement food and beverages are expected to fuel the demand for food additives. For instance, according to the survey results published by the Food Standards Agency in May 2021, approximately 81.0% of survey respondents in the U.K. confirmed buying processed food products from April 2020 to March 2021. Food additives are commonly added to these products to enhance their appearance and mouthfeel.

The manufacturers of food and beverages are increasingly developing products infused with health-supporting ingredients to attract consumers supporting the demand for probiotics, prebiotics, and dietary fibers. For instance, In June 2021, Japan-based Yakult Honsha Co., Ltd., a key probiotic products company, launched a wide range of ice creams comprising probiotic strain Lactobacillus paracasei Shirota.

Manufacturers of food and beverage products are formulating their products with botanical ingredients due to shifting consumer preference towards plant-based diets. Plant-derived products often impart unpleasant or bitter after taste leading to an unappealing mouthfeel. Demand for food additives has surged as they are used as flavors, sweeteners, hydrocolloids, and preservatives to enhance taste and texture and increase the shelf life of such products.


The COVID-19 emergence disrupted the global supply chain in 2020 and led to limited demand for food additives from the foodservice industry. For instance, Givaudan reported that its ‘Taste & Wellbeing’ segment that is engaged in the business of flavor ingredients witnessed lower demand from foodservice and out-of-home food end users in 2020. However, this segment witnessed an increased demand for immunity-boosting products, juice-based beverages, culinary solutions, nutritional bars, and savory and snacks.

Food Additives Market Report Highlights

• The enzymes product segment is expected to register a CAGR of 6.5% over the forecast period. Enzymes are considered safer additives as they are derived from plants and microbes. Their widespread applications including dough strengthening in bakery products, fruit juice clarification, brewing, and wine processing, and preparation of cheese, yogurt, and curd are fueling the segment growth

• New product developments and capacity expansions are the key strategies adopted by players to strengthen their foothold in the market. In July 2021, Tereos, a France-based food ingredient supplier, signed a supply agreement for stevia extracts with Firmenich, a fragrance and flavor supplier. This is expected to enhance the offerings of Tereos in terms of stevia-based sweetening solutions

• The natural source segment is expected to witness significant growth over the forecast period. Rising preference for vegan diet globally is expected to push the manufacturers of food and beverage products toward formulating foodstuffs with naturally available plant-based ingredients

• The dairy and frozen desserts application segment is anticipated to witness considerable growth over the forecast period. Rising consumption of milkshakes, ice creams, and yogurt among the young population is expected to propel the segment growth. As per the International Dairy Foods Association, the consumption of ice cream rose by 4.0% year-over-year in 2020, yogurt by 3.0%, and butter by 2.0% in 2020 as compared to 2019 in the U.S.

• The Asia Pacific held the largest revenue share of over 33.1% in 2022 and is expected to be the fastest-growing regional market over the forecast period. This is attributed to the increasing consumption of convenience food products in the region. As per the Australian Bureau of Statistics, per capita apparent consumption of commercially sterile, ready-to-eat soup increased by 147.0%, while that of jam and other sweet spreads increased by 45.0% in March 2020 compared to March 2019 in Australia

ページTOPに戻る

Table of Contents

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Product
1.1.2. Source
1.1.3. Application
1.1.4. Regional scope
1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. GVR’s internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.2.2. Source outlook
2.2.3. Application outlook
2.2.4. Regional outlook
2.3. Competitive Insights
Chapter 3. Food Additives Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.5.3. Industry opportunities & challenges
3.6. Food Additives Market Analysis Tools
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier power
3.6.1.2. Buyer power
3.6.1.3. Substitution threat
3.6.1.4. Threat of new entrant
3.6.1.5. Competitive rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political landscape
3.6.2.2. Technological landscape
3.6.2.3. Economic landscape
3.6.2.4. Social landscape
3.6.2.5. Environmental landscape
3.6.2.6. Legal landscape
Chapter 4. Supplier Portfolio Analysis
4.1. List of Suppliers
4.2. Kraljic Matrix
4.3. Sourcing Best Practices
4.4. Negotiation Strategies
Chapter 5. Food Additives : Product Estimates & Trend Analysis
5.1. Food Additives Market: Key Takeaways
5.2. Food Additives Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Flavors & Enhancers
5.3.1. Flavors & enhancers market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Sweeteners
5.4.1. Sweeteners market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.1.1. HIS
5.4.1.1.1. HIS market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.1.2. HFCS
5.4.1.2.1. HFCS market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.1.3. Sucrose
5.4.1.3.1. Sucrose market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.1.4. Other
5.4.1.4.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
5.5. Enzymes
5.5.1. Enzymes market estimates and forecasts, 2018 to 2030 (USD Million)
5.6. Emulsifiers
5.6.1. Emulsifiers market estimates and forecasts, 2018 to 2030 (USD Million)
5.6.1.1. Mono, Di-Glycerides & Derivatives
5.6.1.1.1. Mono, di-glycerides & derivatives market estimates and forecasts, 2018 to 2030 (USD Million)
5.6.1.2. Lecithin
5.6.1.2.1. Lecithin market estimates and forecasts, 2018 to 2030 (USD Million)
5.6.1.3. Stearoyl Lactylates
5.6.1.3.1. Stearoyl lactylates market estimates and forecasts, 2018 to 2030 (USD Million)
5.6.1.4. Sorbitan Esters
5.6.1.4.1. Sorbitan esters market estimates and forecasts, 2018 to 2030 (USD Million)
5.6.1.5. Other
5.6.1.5.1. Other market estimates and forecasts, 2018 to 2030 (USD Million)
5.7. Shelf- life Stabilizers
5.7.1. Shelf- life stabilizers market estimates and forecasts, 2018 to 2030 (USD Million)
5.8. Fat Replacers
5.8.1. Fat replacers market estimates and forecasts, 2018 to 2030 (USD Million)
5.8.1.1. Protein
5.8.1.1.1. Protein market estimates and forecasts, 2018 to 2030 (USD Million)
5.8.1.2. Starch
5.8.1.2.1. Starch market estimates and forecasts, 2018 to 2030 (USD Million)
5.8.1.3. Fats
5.8.1.3.1. Fats market estimates and forecasts, 2018 to 2030 (USD Million)
5.9. Prebiotics
5.9.1. Prebiotics market estimates and forecasts, 2018 to 2030 (USD Million)
5.10. Probiotics
5.10.1. Probiotics market estimates and forecasts, 2018 to 2030 (USD Million)
5.11. Dietary Fibers
5.11.1. Dietary fibers market estimates and forecasts, 2018 to 2030 (USD Million)
5.12. Others
5.12.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Food Additives : Source Estimates & Trend Analysis
6.1. Food Additives Market: Key Takeaways
6.2. Food Additives Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Natural
6.3.1. Natural market estimates and forecasts, 2018 to 2030 (USD Million)
6.4. Synthetic
6.4.1. Synthetic market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Food Additives : Application Estimates & Trend Analysis
7.1. Food Additives Market: Key Takeaways
7.2. Food Additives Market: Movement & Market Share Analysis, 2022 & 2030
7.3. Bakery & Confectionery
7.3.1. Bakery & confectionery market estimates and forecasts, 2018 to 2030 (USD Million)
7.4. Beverages
7.4.1. Beverages market estimates and forecasts, 2018 to 2030 (USD Million)
7.5. Convenience Foods
7.5.1. Convenience foods market estimates and forecasts, 2018 to 2030 (USD Million)
7.6. Dairy & Frozen Desserts
7.6.1. Dairy & Frozen Desserts market estimates and forecasts, 2018 to 2030 (USD Million)
7.7. Spices, Condiments, Sauces & Dressings
7.7.1. Spices, condiments, sauces & dressings market estimates and forecasts, 2018 to 2030 (USD Million)
7.8. Others
7.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. Food Additives Market: Regional Estimates & Trend Analysis
8.1. Regional Outlook
8.2. Food Additives Market by Region: Key Takeaway
8.3. North America
8.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.3.2. U.S.
8.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.3.3. Canada
8.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.3.4. Mexico
8.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.4. Europe
8.4.1. UK
8.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.4.2. Germany
8.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.4.3. France
8.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.4.4. Italy
8.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.4.5. Spain
8.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.4.6. Belgium
8.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.4.7. Russia
8.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.5. Asia Pacific
8.5.1. Japan
8.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.5.2. China
8.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.5.3. India
8.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.5.4. South Korea
8.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.5.5. South-east Asia
8.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.6. Central & South America
8.6.1. Argentina
8.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.6.2. Brazil
8.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.7. Middle East & Africa
8.7.1. South Africa
8.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
8.7.2. Saudi Arabia
8.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 9. Competitive Landscape
9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Market Participant Categorization
9.2.1. ADM
9.2.1.1. Company overview
9.2.1.2. Financial performance
9.2.1.3. Product benchmarking
9.2.1.4. Strategic initiatives
9.2.2. Chr. Hansen Holding A/S
9.2.2.1. Company overview
9.2.2.2. Financial performance
9.2.2.3. Product benchmarking
9.2.2.4. Strategic initiatives
9.2.3. Ingredion Incorporated
9.2.3.1. Company overview
9.2.3.2. Financial performance
9.2.3.3. Product benchmarking
9.2.3.4. Strategic initiatives
9.2.4. Novozymes A/S
9.2.4.1. Company overview
9.2.4.2. Financial performance
9.2.4.3. Product benchmarking
9.2.4.4. Strategic initiatives
9.2.5. Tate & Lyle Plc
9.2.5.1. Company overview
9.2.5.2. Financial performance
9.2.5.3. Product benchmarking
9.2.5.4. Strategic initiatives
9.2.6. DSM
9.2.6.1. Company overview
9.2.6.2. Financial performance
9.2.6.3. Product benchmarking
9.2.6.4. Strategic initiatives
9.2.7. Ajinomoto Co., Inc
9.2.7.1. Company overview
9.2.7.2. Financial performance
9.2.7.3. Product benchmarking
9.2.7.4. Strategic initiatives
9.2.8. Cargill Incorporated
9.2.8.1. Company overview
9.2.8.2. Financial performance
9.2.8.3. Product benchmarking
9.2.8.4. Strategic initiatives
9.2.9. BASF SE
9.2.9.1. Company overview
9.2.9.2. Financial performance
9.2.9.3. Product benchmarking
9.2.9.4. Strategic initiatives
9.2.10. Givaudan
9.2.10.1. Company overview
9.2.10.2. Financial performance
9.2.10.3. Product benchmarking
9.2.10.4. Strategic initiatives
9.2.11. International Flavors & Fragrances, Inc.
9.2.11.1. Company overview
9.2.11.2. Financial performance
9.2.11.3. Product benchmarking
9.2.11.4. Strategic initiatives
9.2.12. Biospringer
9.2.12.1. Company overview
9.2.12.2. Financial performance
9.2.12.3. Product benchmarking
9.2.12.4. Strategic initiatives
9.2.13. Palsgaard
9.2.13.1. Company overview
9.2.13.2. Financial performance
9.2.13.3. Product benchmarking
9.2.13.4. Strategic initiatives
9.2.14. Lonza
9.2.14.1. Company overview
9.2.14.2. Financial performance
9.2.14.3. Product benchmarking
9.2.14.4. Strategic initiatives
9.2.15. Sensient Technologies Corporation
9.2.15.1. Company overview
9.2.15.2. Financial performance
9.2.15.3. Product benchmarking
9.2.15.4. Strategic initiatives
9.2.16. Kerry
9.2.16.1. Company overview
9.2.16.2. Financial performance
9.2.16.3. Product benchmarking
9.2.16.4. Strategic initiatives
9.2.17. Corbion
9.2.17.1. Company overview
9.2.17.2. Financial performance
9.2.17.3. Product benchmarking
9.2.17.4. Strategic initiatives
9.2.18. Fooding Group Limited
9.2.18.1. Company overview
9.2.18.2. Financial performance
9.2.18.3. Product benchmarking
9.2.18.4. Strategic initiatives
9.2.19. DuPont
9.2.19.1. Company overview
9.2.19.2. Financial performance
9.2.19.3. Product benchmarking
9.2.19.4. Strategic initiatives
9.2.20. The Kraft Heinz Company
9.2.20.1. Company overview
9.2.20.2. Financial performance
9.2.20.3. Product benchmarking
9.2.20.4. Strategic initiatives