Global Food Additives Market: Projected to Reach a Value of USD 52.2 Billion by 2020 at a CAGR of 5.6% From 2015
DUBLIN, November 27, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/cgwgtw/food_additives) has announced the addition of the "Food Additives Market by Type, Source, Application & Region - Global Forecast to 2020" report to their offering.
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The global food safety testing market has been showing dynamic growth over the years, owing to the growing need for different ingredients and multiple functionalities across food applications. Food additives are used in the food & beverage industry to impart specific properties to food products, enhance food palatability, replace fat content, enhance product shelf-life, and protect food from contamination, among others.
The market for food additives has a significant impact on the food & beverage industry across the globe. Food additives are broadly categorized based on their type into acidulants, anti-caking agents, colors, emulsifiers, enzymes, flavors, hydrocolloids, and sweeteners.
These food additives are further segmented on the basis of source, including natural and synthetic. The food additives market is also segmented on the basis of application into bakery & confectionery, beverage, convenience foods, dairy & frozen desserts, spices, condiments, and sauces & dressings, among others.
Furthermore, stringent legislatives and regulations with respect to food safety and public health concerns have meant that food processing industries are keen on getting the right formulation to present the best food product to the consumer, and additives play a pivotal role in this aspect. The main driving force for the growing market is the scope and range of food additives and research associated with it.
Scope of the report:
By type:
- Acidulants
- Anti-caking agents
- Colors
- Emulsifiers
- Enzymes
- Flavors
- Hydrocolloids
- Preservatives
- Sweeteners
By source:
- Natural
- Synthetic
By application:
- Bakery & confectionery
- Beverages
- Convenience foods
- Dairy & frozen desserts
- Spices, condiments, sauces & dressings
- Others
By region:
- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)
Companies Mentioned:
- Archer Daniels Midland Company
- BASF SE
- Cargill Inc
- Chr. Hansen Holding A/S
- E.I. Dupont
- Evonik Industries AG
- Ingredion Incorporated
- Kerry Group
- Novozymes A/S
- Tate & Lyle PLC
For more information visit http://www.researchandmarkets.com/research/cgwgtw/food_additives
Media Contact:
Laura Wood
+353-1-481-1716
[email protected]
SOURCE Research and Markets
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