Food Additives Market Overview, Opportunities, Trends, and Top Companies
The global food additives market is witnessing robust growth, driven by evolving consumer preferences, rising demand for convenience foods, and technological innovations in food processing. Food additives play a crucial role in enhancing flavor, appearance, texture, shelf life, and nutritional value—making them essential across all food categories.
Food Additives Market Forecast
According...
Food Additives Market Size, Share, Trends, and Forecast
The global food additives market is estimated to be valued at USD 73.4 billion in 2023 and is projected to reach USD 96.3 billion by 2028, recording a CAGR of 5.6%. This growth is primarily attributed to the increasing demand for processed and convenience foods. As consumers seek longer shelf life, enhanced taste, and appealing visual attributes, the food industry relies on additives. Their...
Business Opportunities in Food Additives Market
The global food additives market was valued at USD 52.2 billion in 2020, which is projected to grow at a CAGR of 5.6% from 2015 to 2020.
Food additives find their usage in various end-use applications, such as bakery & confectionery, beverage, convenience foods, dairy & frozen desserts, sauces, dressings, and spices & condiments, among others. For example, Tate & Lyle (Ireland) launched...