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Transparency Market
Research
Food Additives Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2015 – 2021
Published Date
2015-07-29
80 Page Report
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Press Release
Food Additives Market is expected to reach USD 39.85 billion by
2021
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Food Additives Market
REPORT DESCRIPTION
Food Additives Market - Global Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2015 – 2021
Transparency Market Research has published a new market report titled “Food Additives Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.” According to
the report, the global food additives market was valued at USD 31.43 billion in 2014 and is
projected to reach USD 39.85 billion by 2021, growing at a CAGR of 3.4% from 2015 to 2021.
Among the different regions, RoW and Asia Pacific market have the similar growth rate and are
estimated to grow at the CAGR of 4.2% over the forecast period. In terms of revenue, Europe
held the largest market size of USD 9.45 billion in 2014. However, it is expected that Asia Pacific
is expected to acquire the largest market for the food additives by 2021.
Browse the full Food Additives Market report at
http://www.transparencymarketresearch.com/food-additives.html
The major factors driving the growth of the food additives market are growing food and
beverages industry, increasing demand for functional food additives due to rising health
concerns and shift in trends from synthetic food additives towards natural food additives.
By types, flavors and enhancers held the largest market in 2014 and is estimated to hold its
leading position throughout the forecast period. Flavors and enhancers is followed by fat
replacers, which is estimated to hold the second largest market share for food additives over the...