Global Food Additives Market Trends and Growth to 2021

Food Additives Market - Global Industry Analysis, Size , Share, Growth, Trends, and Forecast 2015 - 2021

Published By:

Transparency Market Research

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ReportÂ Description Food additives are substances which are added to food products in order to preserve flavor and enhance its taste and appearance. The food additives market by type has been segmented into flavors and enhancers, sweeteners, enzymes, colorants, emulsifiers, food preservatives, and fat replacers. In addition, food additives market by source can be segmented into artificial and natural. Food additives being a chemical substance is regulated by government directives globally. The manufacturers of food additives have to constantly modify their products in order to meet customer requirements. Food and beverage industry is one of the major end users for food additives. Stable growth of food and beverage industry is one of the major factors driving the food additives market globally. In addition, increasing demand for functional food additives is also boosting the demand for food additives globally. Complete Report with TOC @ http://www.mrrse.com/food-additives-market .

Scope Increasing health consciousness and increasing demand for natural food additives over synthetic food additives is also expected to boost the food additives market. However, stringent rules and regulations governing the food additives market and changing customer requirements is expected to restrain the demand for food additives in the forecast period. 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 in terms of revenue. The market in terms of revenue is expected to grow at a CAGR of 3.4% over the forecast period. This report has been segmented by type, by source and by region. The study highlights the current market trends and provides forecasts from 2015 to 2021. The report also analyzes the macroeconomic factors that are driving and inhibiting the growth of the food additives market. The report would help manufacturers, suppliers, and distributors to understand the current and future trends in this market and formulate their strategies accordingly.

KeyÂ Players By geography, the market is segmented into four regions; North America, Europe, Asia Pacific and RoW. Europe held the largest market for food additives in 2014, however it is estimated that Asia Pacific would hold the largest market share for the food additives market by 2021. The key players dominating the market for the food additives are Ajinomoto Co, Inc., ADM, Associated British Foods Plc and BASF among others. Request a Sample Copy of the Report @ http://www.mrrse.com/sample/273 .