Summary
According to MarketsandMarkets, the Food additives market is projected to reach USD 96.3 billion by 2028 from USD 73.4 billion by 2023, at a CAGR of 5.6% during the forecast period in terms of value. The longer shelf life, and ease of handling. The inherent stability of dry additives makes them ideal for storage, transportation, and incorporation into various food products. Manufacturers and consumers favor dry forms, such as powders or granules, for their convenience in measurement and consistent dispersion during food processing. Additionally, dry additives often exhibit enhanced stability against degradation factors like moisture and temperature, ensuring a longer shelf life compared to their liquid counterparts. This preference aligns with the food industry's demand for efficient, cost-effective solutions that maintain product quality. The dominance of dry forms reflects the industry's emphasis on practicality, efficiency, and versatility in the application of food additives across a wide range of products.
"By application, Beverages is estimated to hold a significant market share during the forecast period."
Beverages, encompassing a wide range from soft drinks to functional beverages, are integral to modern lifestyles. As consumers increasingly seek diverse and convenient beverage options, the demand for innovative and functional additives rises. This is particularly evident with the growing popularity of health and wellness trends, where consumers expect not only refreshing but also nutritious and enhanced beverages.
The beverage sector's adaptability to incorporate different additives for flavor, color, stability, and nutritional benefits propels its significant market share. Additionally, the surge in demand for ready-to-drink and functional beverages amplifies the role of additives in meeting consumer expectations. As a result, the forecasted substantial market share for beverages underscores the pivotal role this application plays in driving the growth of the overall food additives market.
"By source, the natural form is expected to dominate the market for Food additives."
The dominance of natural sources in the food additives market is driven by a global shift towards cleaner and healthier food options. Consumers are increasingly seeking products with natural and recognizable ingredients, align with wellness trends. Natural sources, such as plant extracts, herbs, and spices, resonate with the demand for clean labels and reduced reliance on synthetic additives.
Moreover, natural food additives often contribute to enhanced flavors, colors, and nutritional profiles without compromising on safety. The rising awareness of the potential health risks associated with artificial additives has propelled the demand for natural alternatives. This shift is not only consumer-driven but also influenced by regulatory efforts to encourage sustainable and transparent practices within the food industry. Consequently, the natural form's dominance reflects a broader commitment to health-conscious and environmentally friendly food choices.
“Europe will significantly contribute towards market growth during the forecast period.”
Europe is poised to play a pivotal role in the growth of the food additives market throughout the forecast period for several reasons. The region's robust food and beverage industry, coupled with stringent quality and safety standards, positions it as a major contributor. Key players like Tate & Lyle (UK), BASF SE (Germany), and Kerry Group PLC (Ireland) have established a strong presence, leveraging innovations to meet evolving consumer demands.
Moreover, the increasing consumer preference for clean labels and natural ingredients aligns with Europe's focus on sustainability and health-conscious choices. The demand for additives in diverse applications, including dairy, bakery, and beverages, is driven by a dynamic market landscape. The region's commitment to sustainability and preference for natural ingredients further aligns with the evolving market trends. As Europe continues to prioritize product quality, safety, and sustainability, it emerges as a key driver in shaping the trajectory of the food additives market during the forecast period.
Break-up of Primaries:
By Company Type: Tier1-40%, Tier 2-32%, Tier 3- 28%
By Designation: C-level-45%, D-level – 33%, and Others- 22%
By Region: North America - 15%, Europe - 20%, Asia Pacific – 40%, South America-12%, RoW – 13%,
Others include sales managers, territory managers, and product managers.
Leading players profiled in this report:
• Cargill, Incorporated (US)
• BASF SE (Germany)
• ADM (US)
• IFF (US)
• Kerry Group PLC (Ireland)
• Ingredion Incorporated (US)
• Tate & Lyle (UK)
• Givaudan (Switzerland)
• Darling Ingredients Inc. (US)
• Chr. Hansen Holding A/S (Denmark)
• Novozymes (Denmark)
• Ashland (US)
• Cp Kelco (US)
• Glanbia PLC (Ireland)
• Sensient Technologies Corporation (US)
• Roquette Frères (France)
• Corbion (Netherlands)
• Foodchem International Corporation (China)
• Amano Enzyme Inc. (Japan)
• Enzyme Supplies (UK)
• ACE Ingredients Co., Ltd. (China)
• FDL LTD (UK)
• Mane (France)
• Nexira (France)
• Bell Flavors & Fragrances (US)
The study includes an in-depth competitive analysis of these key players in the Food additives market with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the Food additives market on the basis of Type, Source, Form, Application, Functionality (qualitative), and Region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global Food additives market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Food additives market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Rising demand for clean-label, natural additives with transparent ingredient lists), restraints (Strict regulatory requirements and standards regarding the use of additives may limit their application in certain regions), opportunity (Strict regulatory requirements and standards regarding the use of additives may limit their application in certain regions), and challenges (Strict regulatory requirements and standards regarding the use of additives may limit their application in certain regions) influencing the growth of the Food additives market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Food additives market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the Food additives market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Food additives market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Cargill, Incorporated (US), BASF SE (Germany), ADM (US), IFF (US), Kerry Group PLC (Ireland), and Ingredion Incorporated (US), among others in the Food additives market strategies. The report also helps stakeholders understand the Food additives market and provides them with information on key market drivers, restraints, challenges, and opportunities.
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Table of Contents
1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 MARKET DEFINITION 33
1.3 STUDY SCOPE 33
1.3.1 MARKET SEGMENTATION 33
1.3.2 INCLUSIONS AND EXCLUSIONS 34
1.3.3 REGIONS COVERED 35
1.3.4 YEARS CONSIDERED 35
1.4 UNITS CONSIDERED 36
1.4.1 CURRENCY/VALUE 36
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2019–2022 36
1.4.2 VOLUME 37
1.5 STAKEHOLDERS 37
1.6 SUMMARY OF CHANGES 38
1.6.1 RECESSION IMPACT ANALYSIS 38
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH DATA 39
FIGURE 1 FOOD ADDITIVES MARKET: RESEARCH DESIGN 39
2.1.1 SECONDARY DATA 40
2.1.1.1 Key data from secondary sources 40
2.1.2 PRIMARY DATA 41
2.1.2.1 Key primary insights 41
2.1.2.2 Breakdown of primary interviews 42
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 42
2.2 MARKET SIZE ESTIMATION 43
2.2.1 BOTTOM-UP APPROACH 43
FIGURE 3 FOOD ADDITIVES MARKET: DEMAND-SIDE CALCULATION 44
2.2.2 TOP-DOWN APPROACH 45
2.2.2.1 Market size estimation: Supply side 45
FIGURE 4 FOOD ADDITIVES MARKET SIZE ESTIMATION STEPS AND RESPECTIVE SOURCES: SUPPLY SIDE 45
FIGURE 5 SUPPLY-SIDE ANALYSIS: FOOD ADDITIVES MARKET 46
2.3 DATA TRIANGULATION 47
FIGURE 6 DATA TRIANGULATION 47
2.4 RESEARCH ASSUMPTIONS 48
2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS 48
2.6 RECESSION IMPACT ON FOOD ADDITIVES MARKET 49
2.6.1 RECESSION MACRO INDICATORS 49
FIGURE 7 INDICATORS OF RECESSION 49
FIGURE 8 GLOBAL INFLATION RATE, 2011–2021 49
FIGURE 9 GLOBAL GDP, 2011–2021 (USD TRILLION) 50
FIGURE 10 RECESSION INDICATORS AND THEIR IMPACT ON FOOD ADDITIVES MARKET 51
FIGURE 11 FOOD ADDITIVES MARKET: EARLIER FORECAST VS. RECESSION FORECAST 52
3 EXECUTIVE SUMMARY 53
TABLE 2 FOOD ADDITIVES MARKET SNAPSHOT, 2023 VS. 2028 53
FIGURE 12 FOOD ADDITIVES MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 54
FIGURE 13 FOOD ADDITIVES MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION) 55
FIGURE 14 FOOD ADDITIVES MARKET, BY FORM, 2023 VS. 2028 (USD MILLION) 55
FIGURE 15 FOOD ADDITIVES MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION) 56
FIGURE 16 FOOD ADDITIVES MARKET SHARE (VALUE), BY REGION, 2022 57
4 PREMIUM INSIGHTS 58
4.1 ATTRACTIVE OPPORTUNITIES IN FOOD ADDITIVES MARKET 58
FIGURE 17 INCREASE IN DEMAND FOR NATURAL, CLEAN-LABEL PRODUCTS TO PROPEL MARKET FOR FOOD ADDITIVES 58
4.2 FOOD ADDITIVES MARKET: MAJOR REGIONAL SUBMARKETS 59
FIGURE 18 US TO BE LARGEST COUNTRY-LEVEL/SUB-REGIONAL MARKET IN 2023 59
4.3 NORTH AMERICA: FOOD ADDITIVES MARKET, BY SOURCE AND COUNTRY 59
FIGURE 19 NATURAL SEGMENT AND US ACCOUNTED FOR LARGEST SHARES IN NORTH AMERICAN MARKET IN 2022 59
4.4 FOOD ADDITIVES MARKET, BY TYPE 60
FIGURE 20 SUGAR SUBSTITUTES TO LEAD MARKET AMONG TYPES DURING FORECAST PERIOD 60
4.5 FOOD ADDITIVES MARKET, BY SOURCE 61
FIGURE 21 NATURAL ADDITIVES TO DOMINATE MARKET DURING FORECAST PERIOD 61
4.6 FOOD ADDITIVES MARKET, BY FORM 61
FIGURE 22 DRY ADDITIVES TO LEAD MARKET DURING FORECAST PERIOD 61
4.7 FOOD ADDITIVES MARKET, BY APPLICATION 62
FIGURE 23 FOOD SEGMENT TO BE LARGER THAN BEVERAGES DURING FORECAST PERIOD 62
5 MARKET OVERVIEW 63
5.1 INTRODUCTION 63
5.2 MACROECONOMIC INDICATORS 63
5.2.1 INCREASE IN RETAIL SALES 63
FIGURE 24 US: RETAIL AND FOOD SERVICE SALES, 2016–2021 (USD BILLION) 64
5.2.2 GROWTH OPPORTUNITIES IN ASIA PACIFIC AND SOUTH AMERICA 64
FIGURE 25 ANNUAL GDP GROWTH RATE IN ASIAN COUNTRIES, 2022 64
5.3 MARKET DYNAMICS 65
FIGURE 26 FOOD ADDITIVES MARKET DYNAMICS 65
5.3.1 DRIVERS 65
5.3.1.1 Expansion of convenient and processed food products to catalyze demand 65
FIGURE 27 MAJOR FOOD INDUSTRY SEGMENTS (% OF TOTAL EUROPEAN FOOD INDUSTRY TURNOVER) 66
5.3.1.2 Rising demand for clean-label, natural additives with transparent ingredient lists 66
5.3.1.3 Growing demand for products with extended shelf life 67
5.3.2 RESTRAINTS 68
5.3.2.1 Limited raw material availability and price fluctuations 68
5.3.2.2 Strict regulatory requirements and standards regarding use of additives to limit their application in certain regions 69
5.3.3 OPPORTUNITIES 69
5.3.3.1 Advancements in food processing technologies 69
5.3.3.2 Custom food additives for personalized nutrition and health goals 70
5.3.4 CHALLENGES 71
5.3.4.1 Lack of regulatory harmonization 71
5.3.4.2 Widespread negative perception of food additives among consumers 71
6 INDUSTRY TRENDS 73
6.1 INTRODUCTION 73
6.2 VALUE CHAIN ANALYSIS 73
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT 74
6.2.2 RAW MATERIAL SOURCING 74
6.2.3 PROCESSING AND MANUFACTURING 74
6.2.4 DISTRIBUTION 74
6.2.5 MARKETING & SALES 74
FIGURE 28 VALUE CHAIN ANALYSIS OF FOOD ADDITIVES MARKET 75
6.3 TECHNOLOGY ANALYSIS 75
6.3.1 NANOTECHNOLOGY INTEGRATION IN FOOD ADDITIVES 75
6.3.2 PRECISION FERMENTATION IN FOOD ADDITIVES INNOVATION 76
6.4 PRICING ANALYSIS 76
6.4.1 AVERAGE SELLING PRICE TREND, BY TYPE 76
FIGURE 29 GLOBAL AVERAGE SELLING PRICE TREND, BY TYPE (USD/TON) 77
TABLE 3 FOOD ADDITIVES MARKET: AVERAGE SELLING PRICE TREND, BY TYPE, 2019–2022 (USD/TON) 78
TABLE 4 EMULSIFIERS: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 78
TABLE 5 HYDROCOLLOIDS: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 78
TABLE 6 PRESERVATIVES: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 79
TABLE 7 ENZYMES: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 79
TABLE 8 FLAVORS: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 79
TABLE 9 ANTI-CAKING AGENTS: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 79
TABLE 10 COLORS: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 80
TABLE 11 SUGAR SUBSTITUTES: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 80
TABLE 12 DIETARY FIBERS: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 80
TABLE 13 VITAMIN & MINERAL PREMIXES: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 81
TABLE 14 ACIDULANTS: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2022 (USD/TON) 81
6.5 MARKET MAP AND ECOSYSTEM OF FOOD ADDITIVES 81
6.5.1 DEMAND SIDE 81
6.5.2 SUPPLY SIDE 81
FIGURE 30 FOOD ADDITIVES MARKET: MARKET MAP 82
TABLE 15 FOOD ADDITIVES MARKET: SUPPLY CHAIN (ECOSYSTEM) 82
FIGURE 31 FOOD ADDITIVES: ECOSYSTEM MAPPING 83
6.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 84
FIGURE 32 REVENUE SHIFT FOR FOOD ADDITIVES MARKET 84
6.7 PATENT ANALYSIS 85
FIGURE 33 NUMBER OF PATENTS GRANTED BETWEEN 2013 AND 2022 85
FIGURE 34 TOP 10 INVENTORS WITH HIGHEST NUMBER OF PATENT DOCUMENTS 85
FIGURE 35 LEADING APPLICANTS WITH HIGHEST NUMBER OF PATENT DOCUMENTS 86
TABLE 16 PATENTS PERTAINING TO FOOD ADDITIVES, 2022–2023 86
6.8 TRADE ANALYSIS 87
6.8.1 FOOD ADDITIVES 87
TABLE 17 TOP 10 IMPORTERS AND EXPORTERS OF FOOD ADDITIVES, 2022 (USD THOUSAND) 87
6.9 KEY CONFERENCES AND EVENTS 88
TABLE 18 KEY CONFERENCES AND EVENTS IN FOOD ADDITIVES MARKET, 2023–2024 88
6.10 TARIFF AND REGULATORY LANDSCAPE 90
6.10.1 NORTH AMERICA 90
6.10.1.1 US 90
6.10.1.2 Canada 90
6.10.2 EUROPEAN UNION 91
6.10.3 ASIA PACIFIC 92
6.10.3.1 Japan 92
6.10.3.2 India 93
6.10.4 SOUTH AMERICA 93
6.10.4.1 Brazil 93
6.10.4.2 Colombia 94
TABLE 19 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 20 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 21 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
6.11 PORTER’S FIVE FORCES ANALYSIS 96
TABLE 22 FOOD ADDITIVES MARKET: PORTER’S FIVE FORCES ANALYSIS 96
6.11.1 INTENSITY OF COMPETITIVE RIVALRY 97
6.11.2 BARGAINING POWER OF SUPPLIERS 97
6.11.3 BARGAINING POWER OF BUYERS 97
6.11.4 THREAT OF SUBSTITUTES 97
6.11.5 THREAT OF NEW ENTRANTS 98
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA 98
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 98
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY SOURCES 98
TABLE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SOURCES OF FOOD ADDITIVES 99
6.12.2 BUYING CRITERIA 99
TABLE 24 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR 99
FIGURE 37 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR 100
6.13 CASE STUDIES 100
6.13.1 INTERNATIONAL FLAVORS & FRAGRANCES INC.: LAUNCH OF SEAFLOUR 100
6.13.2 NOVOZYMES: REVOLUTIONIZING PLANT-BASED MEAT WITH TEXTURE INNOVATION 100
7 FOOD ADDITIVES MARKET, BY TYPE 101
7.1 INTRODUCTION 102
FIGURE 38 FOOD ADDITIVES MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 102
TABLE 25 FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 103
TABLE 26 FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 103
TABLE 27 FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (KT) 104
TABLE 28 FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (KT) 104
7.2 EMULSIFIERS 105
7.2.1 VERSATILE EMULSIFIERS TO DRIVE FOOD ADDITIVES MARKET, ENHANCING TEXTURE, STABILITY, AND SHELF LIFE ACROSS APPLICATIONS 105
TABLE 29 EMULSIFIERS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 105
TABLE 30 EMULSIFIERS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 105
TABLE 31 EMULSIFIERS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 106
TABLE 32 EMULSIFIERS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 106
TABLE 33 EMULSIFIERS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 106
TABLE 34 EMULSIFIERS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 107
7.2.2 MONO- & DI-GLYCERIDES AND THEIR DERIVATIVES 107
7.2.2.1 WIDE RANGE OF FUNCTIONALITIES TO BOOST APPLICATIONS 107
7.2.3 LECITHIN (OILED & DE-OILED) 108
7.2.3.1 Lecithins’ crucial role in enhancing functionality of bakery & confectionery items to fuel market demand 108
7.2.4 SORBITAN ESTERS 108
7.2.4.1 Aeration property of sorbitan esters to widen scope of application and drive growth 108
7.2.5 POLYGLYCEROL ESTERS 108
7.2.5.1 Cost-efficiency associated with usage of polyglycerol esters to drive market growth 108
7.2.6 STEAROYL LACTYLATES 109
7.2.6.1 Dough strengthening and foaming properties to widen usage of stearoyl lactylates in bakery industry 109
7.2.7 OTHER EMULSIFIERS 109
7.3 HYDROCOLLOIDS 110
7.3.1 RISE IN DEMAND FOR ENHANCED TEXTURE, EXTENDED SHELF LIFE, AND QUALITY IMPROVEMENT TO FUEL SEGMENT GROWTH 110
TABLE 35 HYDROCOLLOIDS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 36 HYDROCOLLOIDS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 111
TABLE 37 HYDROCOLLOIDS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 111
TABLE 38 HYDROCOLLOIDS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 111
TABLE 39 HYDROCOLLOIDS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 112
TABLE 40 HYDROCOLLOIDS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 112
7.3.2 GELATIN 113
7.3.2.1 Plant-based substitutes such as agar and carrageenan to drive market demand 113
7.3.3 PECTIN 113
7.3.3.1 Distinct characteristics such as being natural vegan hydrocolloid and potential to generate diverse viscoelastic solutions to fuel segment 113
7.3.4 CARRAGEENAN 113
7.3.4.1 Texture-enhancing properties to propel carrageenan demand in food additives 113
7.3.5 XANTHAN GUM 114
7.3.5.1 Versatility in enhancing texture, stability, and quality to drive demand for xanthan gum 114
7.3.6 AGAR 114
7.3.6.1 Natural origin, versatile gelling, and plant-based trend to drive agar demand 114
7.3.7 GUM ARABIC 115
7.3.7.1 Gum arabic to act as stabilizer to extend product’s shelf life 115
7.3.8 LBG 115
7.3.8.1 Locust bean gum to decrease blood sugar and blood fat levels 115
7.3.9 CMC 116
7.3.9.1 Increase in demand for natural, functional ingredients to propel demand for cellulose gum 116
7.3.10 ALGINATES 116
7.3.10.1 Application of alginate to coat fruits & vegetables as microbial and viral protection products to drive demand 116
7.3.11 GUAR GUM 116
7.3.11.1 Clean label, gluten-free demand to fuel growth of guar gum in food additives 116
7.3.12 MCC 117
7.3.12.1 Clean label demand and versatile applications to propel demand for MCC in food 117
7.4 PRESERVATIVES 117
7.4.1 EXTENDED SHELF LIFE AND MAINTAINED PRODUCT QUALITY TO PROPEL DEMAND FOR PRESERVATIVES 117
TABLE 41 FOOD PRESERVATIVES MARKET: FUNCTIONS AND PERMISSIBLE LIMITS IN FOOD PRODUCTS 118
TABLE 42 PRESERVATIVES: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 43 PRESERVATIVES: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 118
TABLE 44 PRESERVATIVES: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 119
TABLE 45 PRESERVATIVES: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 119
TABLE 46 PRESERVATIVES: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 119
TABLE 47 PRESERVATIVES: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 119
7.4.2 NATURAL 120
7.4.2.1 High consumer awareness and preference for natural food ingredients to drive market 120
7.4.3 SYNTHETIC 120
7.4.3.1 Cost-effectiveness and easy availability to drive market growth 120
7.5 DIETARY FIBERS 121
7.5.1 CONSUMER DEMAND FOR DIVERSE, CONVENIENT, AND PROCESSED FOODS TO DRIVE DEMAND FOR DIETARY FIBERS IN FOOD APPLICATIONS 121
TABLE 48 DIETARY FIBERS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 49 DIETARY FIBERS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 121
TABLE 50 DIETARY FIBERS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 122
TABLE 51 DIETARY FIBERS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 122
TABLE 52 DIETARY FIBERS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 122
TABLE 53 DIETARY FIBERS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 122
7.5.2 SOLUBLE 123
7.5.2.1 Changing lifestyles and functional food demand propel growth of soluble dietary fibers 123
7.5.3 INSOLUBLE 123
7.5.3.1 Health-conscious consumers to drive demand for products with insoluble dietary fiber 123
7.6 VITAMIN & MINERAL PREMIXES 124
7.6.1 GREATER AWARENESS REGARDING NUTRITIONAL DEFICIENCIES TO FUEL DEMAND FOR FORTIFIED PRODUCTS 124
TABLE 54 VITAMIN & MINERAL PREMIXES: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 124
TABLE 55 VITAMIN & MINERAL PREMIXES: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 125
TABLE 56 VITAMIN & MINERAL PREMIXES: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 125
TABLE 57 VITAMIN & MINERAL PREMIXES: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 125
TABLE 58 VITAMIN & MINERAL PREMIXES: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 126
TABLE 59 VITAMIN & MINERAL PREMIXES: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 126
7.6.2 VITAMIN & MINERAL COMBINATION 126
7.6.2.1 Proactive response to consumer demand for nutritionally enriched products to drive demand 126
7.6.3 VITAMIN 127
7.6.3.1 Health-conscious consumers to propel demand for vitamin-enhanced food & beverages 127
7.6.4 MINERAL 127
7.6.4.1 Nutritional fortification and health-conscious consumer preferences to propel mineral additives demand 127
7.7 ENZYMES 128
7.7.1 CONSUMER DEMAND FOR DIVERSE, CONVENIENT, AND PROCESSED FOODS TO DRIVE DEMAND FOR ENZYMES IN FOOD APPLICATIONS 128
TABLE 60 TYPES OF FOOD ENZYMES AND THEIR FUNCTIONS IN FOOD & BEVERAGE INDUSTRY 128
TABLE 61 ENZYMES: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 128
TABLE 62 ENZYMES: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 129
TABLE 63 ENZYMES: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 129
TABLE 64 ENZYMES: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 129
7.7.2 CARBOHYDRASES 130
7.7.2.1 Amylase 130
7.7.2.2 Cellulase 130
7.7.2.3 Lactase 130
7.7.2.4 Pectinase 131
7.7.2.5 Other carbohydrases 131
7.7.3 PROTEASES 131
7.7.3.1 Extensive presence of proteins and diverse functionalities of proteases to fuel market in food industry 131
7.7.4 LIPASES 132
7.7.4.1 Lipases to extend shelf-life of baking products with diversified enzymatic properties 132
TABLE 65 TYPES, SOURCES, AND FUNCTIONS OF LIPASES 132
7.7.5 POLYMERASES & NUCLEASES 132
7.7.5.1 Polymerases & nucleases essential in nucleic acid processes 132
7.7.6 OTHER ENZYMES 132
7.8 FLAVORS 133
7.8.1 INNOVATIVE TECHNOLOGIES TO ENHANCE TASTE TO PROPEL DEMAND FOR FOOD FLAVORS 133
TABLE 66 FLAVORS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 67 FLAVORS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 134
TABLE 68 FLAVORS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 134
TABLE 69 FLAVORS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 134
TABLE 70 FLAVORS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 135
TABLE 71 FLAVORS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 135
7.8.2 CHOCOLATE & BROWN 135
7.8.2.1 Rise in spending on confectionery products and implementation of sustainable cocoa farming practices to fuel market demand 135
7.8.3 VANILLA 136
7.8.3.1 High culinary value of natural vanilla and demand for more authentic flavors to propel vanilla’s dominance 136
7.8.4 FRUITS 136
7.8.4.1 Increase in popularity of natural and diverse fruit flavors to fuel market growth 136
7.8.5 DAIRY 137
7.8.5.1 Growth in demand for authentic and innovative dairy flavors to propel market expansion 137
7.8.6 SPICES & SAVORY 138
7.8.6.1 Growing consumer preference for bold and variegated taste profiles to drive spices market 138
7.8.7 MINT 138
7.8.7.1 Increase in inclusion in confections to drive demand for mint flavors 138
7.8.8 OTHER FLAVORS 139
7.9 ANTI-CAKING AGENTS 139
7.9.1 ENHANCED PRODUCT QUALITY AND EXTENDED SHELF LIFE TO PROPEL DEMAND FOR ANTI-CAKING AGENTS 139
TABLE 72 ANTI-CAKING AGENTS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 140
TABLE 73 ANTI-CAKING AGENTS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 140
TABLE 74 ANTI-CAKING AGENTS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 140
TABLE 75 ANTI-CAKING AGENTS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 141
TABLE 76 ANTI-CAKING AGENTS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 141
TABLE 77 ANTI-CAKING AGENTS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 141
7.9.2 CALCIUM COMPOUNDS 142
7.9.2.1 High moisture absorption properties of calcium compounds to drive market for anti-caking agents 142
TABLE 78 CALCIUM COMPOUNDS: PERMISSIBLE LIMITS & FOOD APPLICATIONS 142
7.9.3 SODIUM COMPOUNDS 142
7.9.3.1 Coloring, flavoring, and texture enhancing to be key properties of sodium compounds along with anti-caking 142
TABLE 79 SODIUM COMPOUNDS: PERMISSIBLE LIMITS & FOOD APPLICATIONS 143
7.9.4 SILICON DIOXIDE 143
7.9.4.1 Availability of natural and synthetic forms of silica as anti-caking agent to fuel demand 143
TABLE 80 SILICON DIOXIDE: PERMISSIBLE LIMITS & FOOD APPLICATIONS 144
7.9.5 MAGNESIUM COMPOUNDS 144
7.9.5.1 Salt and confectioner’s sugar to be key application areas for magnesium compounds 144
TABLE 81 MAGNESIUM COMPOUNDS: PERMISSIBLE LIMITS & FOOD APPLICATIONS 145
7.9.6 MICROCRYSTALLINE CELLULOSE 146
7.9.6.1 Wood to be key source for microcrystalline cellulose 146
TABLE 82 MICROCRYSTALLINE CELLULOSE: PERMISSIBLE LIMITS & FOOD APPLICATIONS 146
7.9.7 OTHER ANTI-CAKING AGENTS 146
7.10 COLORS 146
7.10.1 CONSUMER APPEAL AND VISUAL AESTHETICS TO MAKE FOOD COLORS INFLUENCING FACTOR 146
TABLE 83 COLORS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 148
TABLE 84 COLORS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 148
TABLE 85 COLORS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 148
TABLE 86 COLORS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 149
TABLE 87 COLORS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 149
TABLE 88 COLORS: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 149
7.10.2 NATURAL COLORS 150
7.10.2.1 Rise in demand for natural safe-to-use food colors to fuel growth 150
7.10.3 SYNTHETIC 150
7.10.3.1 Demand for visually appealing colors in food products 150
7.10.4 NATURE-IDENTICAL 151
7.10.4.1 Low costs of nature-identical colors to drive their demand 151
7.11 SUGAR SUBSTITUTES 151
7.11.1 INCREASE IN HEALTH AWARENESS AND DEMAND FOR REDUCED-CALORIE AND SUGAR-FREE FOOD OPTIONS TO DRIVE DEMAND 151
TABLE 89 SUGAR SUBSTITUTE: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 152
TABLE 90 SUGAR SUBSTITUTE: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 152
TABLE 91 SUGAR SUBSTITUTE: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 152
TABLE 92 SUGAR SUBSTITUTE: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 153
TABLE 93 SUGAR SUBSTITUTE: FOOD ADDITIVES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 153
TABLE 94 SUGAR SUBSTITUTE: FOOD ADDITIVES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 153
7.11.2 HIGH-FRUCTOSE SYRUP 153
7.11.2.1 Increase in demand for candies and soft drinks to fuel market 153
7.11.3 HIGH-INTENSITY SWEETENERS 154
7.11.3.1 Rise in adoption of zero-calorie and sugar-free food & beverage to drive demand 154
7.11.4 LOW-INTENSITY SWEETENERS 155
7.11.4.1 Rise in metabolic diseases to propel demand for low-intensity sweeteners 155
7.12 ACIDULANTS 155
7.12.1 USAGE OF ACIDULANTS IN BEVERAGES, CONFECTIONERY, AND PROCESSED FOODS TO SHOWCASE VERSATILITY 155
TABLE 95 ACIDULANTS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 156
TABLE 96 ACIDULANTS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 157
TABLE 97 ACIDULANTS: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 157
TABLE 98 ACIDULANTS: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 157
8 FOOD ADDITIVES MARKET, BY APPLICATION 158
8.1 INTRODUCTION 159
FIGURE 39 FOOD SEGMENT TO BE LARGER FOOD ADDITIVES MARKET DURING PROJECTED PERIOD 159
TABLE 99 FOOD ADDITIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 160
TABLE 100 FOOD ADDITIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 161
8.2 FOOD 161
8.2.1 CONSUMER DEMAND FOR DIVERSE, CONVENIENT, AND PROCESSED FOODS TO DRIVE FOOD ADDITIVES USAGE IN FOOD APPLICATIONS 161
FIGURE 40 BAKERY & CONFECTIONERY PRODUCTS TO DOMINATE FOOD APPLICATION IN FOOD ADDITIVES MARKET THROUGH 2028 162
TABLE 101 FOOD: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 162
TABLE 102 FOOD: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 163
8.2.2 DAIRY & NON-DAIRY PRODUCTS 163
8.2.2.1 Growing demand for diverse textures and flavors in dairy and non-dairy products to boost food additives market 163
8.2.3 BAKERY & CONFECTIONERY PRODUCTS 164
8.2.3.1 Versatility of bakery additives in enhancing texture, adding freshness, and increasing shelf life to fuel demand 164
8.2.4 SUPPLEMENTS & SPORTS NUTRITION 164
8.2.4.1 Consumer demand for health, driven by clean labels and adherence to regulations, to be met by food additives 164
8.2.5 MEAT & SEAFOOD AND MEAT ALTERNATIVE PRODUCTS 164
8.2.5.1 Enhanced taste, texture, and nutritional profile of plant-based meat to propel demand for food additives 164
8.2.6 CEREAL, SAVORY, AND SNACKS 165
8.2.6.1 Changes in food preferences in cereal, savory, and snacks to fuel market growth 165
8.2.7 SOUPS, SAUCES, DRESSING, AND CONDIMENTS 165
8.2.7.1 Shelf life extension and demand for convenience to drive segment 165
8.2.8 OTHER FOOD APPLICATIONS 166
8.3 BEVERAGES 166
8.3.1 INNOVATION FROM KEY PLAYERS AND CONSUMER INTEREST IN NEW FLAVORS TO DRIVE BEVERAGE ADDITIVES MARKET 166
FIGURE 41 CARBONATED SOFT DRINKS TO LEAD AMONG BEVERAGE APPLICATIONS OF FOOD ADDITIVES THROUGH 2028 167
TABLE 103 BEVERAGES: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 167
TABLE 104 BEVERAGES: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 168
8.3.2 JUICE & JUICE CONCENTRATES 168
8.3.2.1 Need for consistency in organoleptic qualities to drive juice and concentrates segment 168
8.3.3 FUNCTIONAL DRINKS 169
8.3.3.1 Nutritional enhancement and consumer wellness to drive food additives demand in functional drinks 169
8.3.4 ALCOHOLIC DRINKS 169
8.3.4.1 Diverse additives that enhance flavor, stability, and quality to drive alcoholic drinks segment 169
8.3.5 CARBONATED SOFT DRINKS 169
8.3.5.1 Flavor enhancement, preservation, and stability to drive food additives market in carbonated soft drinks application 169
8.3.6 POWDERED DRINKS 170
8.3.6.1 On-the-go convenience offered by powdered drinks, contributing to their popularity among busy consumers 170
8.3.7 OTHER BEVERAGES 170
9 FOOD ADDITIVES MARKET, BY SOURCE 171
9.1 INTRODUCTION 172
FIGURE 42 FOOD ADDITIVES MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION) 172
TABLE 105 FOOD ADDITIVES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 172
TABLE 106 FOOD ADDITIVES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 173
9.2 NATURAL 173
9.2.1 CONSUMER DEMAND FOR TRANSPARENCY IN INGREDIENTS USED AND NUTRITIONAL BENEFITS TO DRIVE DEMAND FOR NATURAL ADDITIVES 173
TABLE 107 NATURAL: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 174
TABLE 108 NATURAL: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 174
9.3 SYNTHETIC 174
9.3.1 GROWING DEMAND FOR PROCESSED AND CONVENIENT FOODS TO FUEL GROWTH OF SYNTHETIC ADDITIVES 174
TABLE 109 SYNTHETIC: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 175
TABLE 110 SYNTHETIC: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 175
10 FOOD ADDITIVES MARKET, BY FORM 176
10.1 INTRODUCTION 177
FIGURE 43 DRY FORM TO LEAD FOOD ADDITIVES MARKET DURING PROJECTED PERIOD 177
TABLE 111 FOOD ADDITIVES MARKET, BY FORM, 2019–2022 (USD MILLION) 177
TABLE 112 FOOD ADDITIVES MARKET, BY FORM, 2023–2028 (USD MILLION) 178
10.2 DRY 178
10.2.1 ENHANCED STABILITY AND EXTENDED SHELF LIFE TO DRIVE DEMAND FOR DRY FORM 178
TABLE 113 DRY: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 179
TABLE 114 DRY: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 179
10.3 LIQUID 179
10.3.1 EASE OF HANDLING AND DISPENSING LIQUID ADDITIVES TO ENHANCE MANUFACTURING EFFICIENCY 179
TABLE 115 LIQUID: FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 180
TABLE 116 LIQUID: FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 180
11 FOOD ADDITIVES MARKET, BY FUNCTIONALITY 181
11.1 INTRODUCTION 181
FIGURE 44 FOOD ADDITIVES MARKET SHARE (VALUE), BY FUNCTIONALITY, 2022 181
11.2 STABILIZING 181
11.2.1 DEMAND FOR NATURAL INGREDIENTS AND VEGAN FOOD TO LEAD TO GROWING MARKET FOR NATURALLY SOURCED STABILIZERS 181
11.3 THICKENING 182
11.3.1 CONSUMER PREFERENCES TO EVOLVE TOWARD DIVERSE AND CONVENIENT FOOD OPTIONS, THEREBY FUELING DEMAND 182
11.4 GELLING 183
11.4.1 TEXTURE DIVERSITY IN FOOD TO ENHANCE EXPERIENCE TO PROPEL DEMAND FOR GELLING FUNCTIONALITY 183
11.5 EMULSIFYING 183
11.5.1 EMULSIFYING DEMAND TO WITNESS INCREASE WITH CONSUMER PREFERENCES FOR PRESERVED, QUALITY, AND ORGANIC FOODS 183
11.6 OTHER FUNCTIONALITIES 184
12 FOOD ADDITIVES MARKET, BY REGION 185
12.1 INTRODUCTION 186
FIGURE 45 FOOD ADDITIVES MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 186
TABLE 117 FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 187
TABLE 118 FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 187
TABLE 119 FOOD ADDITIVES MARKET, BY REGION, 2019–2022 (KT) 187
TABLE 120 FOOD ADDITIVES MARKET, BY REGION, 2023–2028 (KT) 188
12.2 NORTH AMERICA 188
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 188
FIGURE 46 NORTH AMERICA: INFLATION, BY COUNTRY, 2018–2021 189
FIGURE 47 NORTH AMERICAN FOOD ADDITIVES MARKET: RECESSION IMPACT ANALYSIS 190
FIGURE 48 NORTH AMERICA: FOOD ADDITIVES MARKET SNAPSHOT 190
TABLE 121 NORTH AMERICA: FOOD ADDITIVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 191
TABLE 122 NORTH AMERICA: FOOD ADDITIVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 191
TABLE 123 NORTH AMERICA: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 191
TABLE 124 NORTH AMERICA: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 192
TABLE 125 NORTH AMERICA: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (KT) 192
TABLE 126 NORTH AMERICA: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (KT) 193
TABLE 127 NORTH AMERICA: FOOD ADDITIVES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 193
TABLE 128 NORTH AMERICA: FOOD ADDITIVES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 193
TABLE 129 NORTH AMERICA: FOOD ADDITIVES MARKET, BY FORM, 2019–2022 (USD MILLION) 194
TABLE 130 NORTH AMERICA: FOOD ADDITIVES MARKET, BY FORM, 2023–2028 (USD MILLION) 194
TABLE 131 NORTH AMERICA: FOOD ADDITIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 194
TABLE 132 NORTH AMERICA: FOOD ADDITIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 195
12.2.2 US 195
12.2.2.1 Presence of key players in US to fuel food additives market growth 195
TABLE 133 US: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 196
TABLE 134 US: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 196
12.2.3 CANADA 197
12.2.3.1 Canadian food additives market to witness surges owing to shifting consumer preferences 197
TABLE 135 CANADA: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 197
TABLE 136 CANADA: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 198
12.2.4 MEXICO 198
12.2.4.1 Regulatory reforms promoting nutritional transparency to drive Mexico’s food additives market 198
TABLE 137 MEXICO: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 199
TABLE 138 MEXICO: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 199
12.3 EUROPE 200
12.3.1 RECESSION IMPACT ANALYSIS 201
FIGURE 49 EUROPE: INFLATION, BY COUNTRY, 2018–2021 201
FIGURE 50 EUROPE: FOOD ADDITIVES MARKET: RECESSION IMPACT ANALYSIS 202
TABLE 139 EUROPE: FOOD ADDITIVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 202
TABLE 140 EUROPE: FOOD ADDITIVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 203
TABLE 141 EUROPE: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 203
TABLE 142 EUROPE: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 204
TABLE 143 EUROPE: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (KT) 204
TABLE 144 EUROPE: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (KT) 205
TABLE 145 EUROPE: FOOD ADDITIVES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 205
TABLE 146 EUROPE: FOOD ADDITIVES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 205
TABLE 147 EUROPE: FOOD ADDITIVES MARKET, BY FORM, 2019–2022 (USD MILLION) 206
TABLE 148 EUROPE: FOOD ADDITIVES MARKET, BY FORM, 2023–2028 (USD MILLION) 206
TABLE 149 EUROPE: FOOD ADDITIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 206
TABLE 150 EUROPE: FOOD ADDITIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 207
12.3.2 GERMANY 207
12.3.2.1 Increasing consumer demand for diverse and premium bakery products to drive need for innovative food texturizers 207
TABLE 151 GERMANY: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 208
TABLE 152 GERMANY: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 209
12.3.3 FRANCE 209
12.3.3.1 Growing consumer preference for clean label products to push manufacturers to adopt natural additives 209
TABLE 153 FRANCE: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 210
TABLE 154 FRANCE: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 210
12.3.4 UK 211
12.3.4.1 UK’s position as leading manufacturer in food & drink sector to amplify demand for additives to meet production needs 211
TABLE 155 UK: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 211
TABLE 156 UK: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 212
12.3.5 ITALY 212
12.3.5.1 Rising awareness of balanced nutrition to foster demand for additives in healthier Italian food options 212
TABLE 157 ITALY: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 213
TABLE 158 ITALY: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 213
12.3.6 SPAIN 214
12.3.6.1 Demand for healthier processed food to drive market for natural food additives 214
TABLE 159 SPAIN: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 214
TABLE 160 SPAIN: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 215
12.3.7 TURKEY 215
12.3.7.1 Fast-growing bakery & confectionery industry to fuel market growth for food additives in Turkey 215
TABLE 161 TURKEY: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 216
TABLE 162 TURKEY: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 216
12.3.8 POLAND 217
12.3.8.1 Poland’s food additives market to witness surge due to clean-label demand and innovation 217
TABLE 163 POLAND: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 217
TABLE 164 POLAND: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 218
12.3.9 NETHERLANDS 218
12.3.9.1 Clean-label trend and regulatory compliance to drive Dutch food additives market 218
TABLE 165 NETHERLANDS: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 219
TABLE 166 NETHERLANDS: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 219
12.3.10 REST OF EUROPE 220
TABLE 167 REST OF EUROPE: FOOD ADDITIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 220
TABLE 168 REST OF EUROPE: FOOD ADDITIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 221
