Global Food Additives Market to Reach Us$39.8 Bn by 2021 Due to Increasing Expansion of Food and Beverage Industry

Transparency Market

Research

Food Additives Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2015 - 2021

Published Date

29-07-2015

59 Page Report

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Press Release

Global Food Additives Market to Reach US$39.8 bn by 2021 due

to Increasing Expansion of Food and Beverage Industry

Transparency Market Research

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Food Additives Market

REPORT DESCRIPTION

Transparency Market Research report states that the global food additives market stood at US$31.4 bn in

2014 and is predicted to reach US$39.8 bn by 2021, expanding at a CAGR of 3.40% from 2015 to 2021.

The title of the report is “Food Additives Market - Global Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2015 - 2021.”

Food additives are substances added to various food products for enhancing their appearance and taste or

for preserving their flavor. A variety of food additives have been utilized by man, such as vinegar for the

preservation of food by pickling, sulfur dioxide for wines, salting as in the case of bacon, etc. Food

additives can be of both artificial and natural origin. For the regulation of these additives and in order to

keep customers informed, each food additive has been assigned a unique number called as ‘E number’ in

European countries. The Food and Drug Administration (FDA) in the U.S. categorizes food additives as

‘generally recognized as safe’ (GRAS).

As per the report, the increasing expansion of the food and beverage industry and the rising preference for

natural additives in place of synthetic additives are amongst the prominent factors fuelling the growth of

the market for food additives. However, growth opportunities for synthetic additives are still seen within

developing nations, thus fuelling the overall market’s growth. In...