Organic Food Additives Market 2020
Organic Food Additives are widely used through different application. For example, dairy and frozen desserts, meat and poultry, and more. Besides, they have also utilized ion baby food, soups, and others. The food additives increase the sweetness, add flavors, and prevent food deterioration. In the US region, there are more than 15,000 food additives, and from then 3,000 are approved by the FDA. These are the substances which greatly enhance food quality. Organic additives are obtained from natural sources, which significantly helps in preserving product quality.
Market Segment by Top Manufacturers, this report covers
Archer Daniels Midland Company (U.S.)
Chr. Hansen Holding A/S (Denmark)
Kerry Group Plc (Ireland)
BASF SE (Germany)
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Besides, they reduce the chances of spoilage of food due to fungi, exposure to air, and bacteria. There are different types of Organic Food Additives which are used in different processed food products and beverages which includes acidulants, minerals, enzymes, vitamins, sweeteners, thickeners, emulsifiers a stabilizer. Increasing concerns related to health throughout the globe along with growing awareness on the related benefits of the organic products will greatly boost the demand for such additives in the Global Organic Food Additives Market in the coming years.
The trend in this market is expected to drive the adoption of the rate of organic additives products. Consumers who are health conscious carefully check the ingredient list on the products while buying goods. Most of the manufacturers have understood the trend and are working towards developing packaging designs which can attract health-conscious consumers. So, the additives market will grow at a CAGR of 3.8%during the forecast period. By the end of 2024, the market value will grow to USD 3.45 billion. Various factors will drive the demand for this market in the future.
Global Market Segmentation
The Global Organic Food Additives Market is segmented based on Type, Application, and Regions.
Based on Type, the market is split into Vitamins, Phytonutrients, Minerals, and Others. Considering the Application, the market is segmented into Dairy Products, Beverages, Bakery and Confectionery, Food Industry, and Others.
The convenience and processed food industry are now expanding at a higher rate in developed countries. So, it is expected that the food industry will witness major revenue during the forecast period, i.e., from 2019 to 2024. In the second place, there will be beverages industry as manufacturers are now introducing new beverages to increase their customer base.
Geographical Market Segmentation
Different regions and countries segment the Global Organic Food Additives market. The major regions/countries are North America, Canada, Mexico, United States, Europe, UK, France, Russia, Germany, Asia-Pacific, China, Japan, India, Korea, Southeast Asia, South America, Argentina, Brazil, Colombia, Middle East & Africa and South Africa.
The report says North America will dominate the global market due to the increasing consumer awareness for healthy foods. The consumer is getting more aware of the health benefits they can enjoy with organic additives. Besides, increasing demand for beverage among the people of North America will fuel the market growth for organic additives during the assessment period.
Latest Market Updates
In February 2015, Tate & Lyle PLC, launched ultra-low-calorie sugar, which is created from corn.
In May 2015, Cargill Incorporated launched a new type of carrageenan derived from seaweed, Satiagel ABN 500. This is a perfect texturing solution.
Cargill has identified a perfect solution to reduce saturated fats in different products by around 40 to 50 percent.
Table of Contents –Analysis of Key Points
1 Market Overview
2 Manufacturers Profiles
3 Global Organic Food Additives Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Organic Food Additives Market Analysis by Regions
5 North America Organic Food Additives by Country
6 Europe Organic Food Additives by Country
7 Asia-Pacific Organic Food Additives by Country
8 South America Organic Food Additives by Country
9 Middle East and Africa Organic Food Additives by Countries
10 Global Organic Food Additives Market Segment by Type
11 Global Organic Food Additives Market Segment by Application
12 Organic Food Additives Market Forecast (2019-2025)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
List of Tables and Figures
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