food additives market share to grow at over 5% cagr to exceed $52bn by 2022

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Food Additives Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast 2015 – 2022: Fractovia.org


Rising demand for nutrient-rich diet along with the properties of food additives to impart flavor, taste, and color to the food product, is predicted to drive the demand for the food additives industry over the coming years.

Growing domestic consumption of organic food & beverages due to expansion of the retail network, population rise, and new product launches is projected to promote the growth of the food additives market in BRICS countries.

The Asia Pacific food additives market worth USD 10 billion in 2014, is predicted to register substantial gains over the period of 2015-2022. India and China are predicted to be major revenue pockets owing to the favorable government policies encouraging FDI in domestic food & beverages industry in the region.

MEA food additives market is predicted to witness a noticeable growth over the period of 2015-2022 owing to increase in meat consumption in countries like South Africa, Saudi Arabia, and UAE. The Europe market contributed about 30% of the overall revenue share in 2014 and is anticipated to grow at a rate of 4.8% over the period of 2015-2022.

Key Insights of Food Additives Market:


Amongst the various kinds of food additives available in the global industry, enzymes based food additives market is expected to grow at the fastest rate of 5.5% over the period of 2015-2022. Growing use of enzymes in eatables owing to low cost as compared to synthetic chemicals along with strict regulations restricting GHG emissions is predicted to boost the growth of enzymes based food additives industry.

Flavors & fragrances based food additives market contributed about 30% of the overall revenue share in 2014 and is predicted to witness a noticeable growth over the coming six years owing to rising demand for natural plant flavors extracted from spices, neem, and herbs.

Emulsifiers based food additives market comprising sorbitan esters is predicted to witness significant gains of 6% over the period of 2015-2022 owing to its use in formulation of confectionary coatings, coffee whiteners, chocolates, shortenings, and toppings.

Fat replacers based food additives comprising starch, produced revenue of USD 1 billion in 2014 and is predicted to witness noticeable growth over the coming six years.

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U.S. food additives market size, by product, 2012 - 2022 (USD Million)


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