Natural Food Additives to Witness Mammoth Demand from Developed Countries Through 2021

Transparency Market

Research

Food Additives Market By Type and By Source - Global Industry

Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021

Published Date

29-07-2015

59 Page Report

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Synthetic Food Additives Reveal Mammoth Opportunity for Growth in

Emerging Countries, Says TMR

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Food Additives Market

REPORT DESCRIPTION

Anti-caking agents, humectants, foaming agents, raising agents, flavor enhancer, and bulking agents are

some of the food additives that play a major role in the food industry. Among these additives, flavors and

enhancers segment hold significant shares and is expected to account for 32.4% of the market by 2021, as

per a report published by Transparency Market Research (TMR). The high demand for flavors and

enhancers is due to an increased demand for different types of cuisines. According to the report, the global

food additives market is expected to rise from US$31.4 bn in 2014 to US$39.8 bn by 2021, expanding at a

CAGR of 3.40% from 2015 to 2021. The growing food and beverages industry and the rising health

concerns among consumers, are driving the growth of the market.

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TMR analysts shed light on three important questions that companies operating in the food additives

market have:

Q. What are the growth strategies commonly implemented by key players operating in the

food additives market?

Companies such as Archer Daniels Midland Company and Associated British Foods plc ensure that they are

regularly involved in new product development to maximize their market share. While Associated British

Foods plc launched a high protein bread in New Zealand in...