Due to rising demand for flavors, and preservatives in the food industry, the market of food additives is growing at an incremental pace globally. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Food Additives Market Research Report- Forecast to 2024 that the market will demonstrate an exponential growth while achieving billion-dollar growth rapidly in the forecast period.
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The key players profiled in Food Additives Market are BASF SE (Germany), Cargill Inc. (U.S), Archer-Daniels-Midland Company (U.S.), Kerry Group plc. (Ireland), E. I. du Pont de Nemours and Company (U.S.), Evonik Industries AG (Germany), and Tate & Lyle plc. (U.K.) among many others.
The global Food Additives Market has been divided into type, source, application, and region.
On The Basis Of Type: Acidity Regulators, Colors, Flavors, Enzymes, Preservatives, Sweeteners, Stabilizers & Thickeners, Anticaking Agents, and Others
On The Basis Of Source: Synthetic, and Natural
The global food additives market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global food additives market is highly dominated by North America and Europe due to high demand for food commodities and increased health consciousness supporting the sales of natural ingredients. APAC is the fastest growing region due to changing lifestyle and improved disposable income in that region. The consumption of food additives in countries like Germany, the U.S., India, Brazil, and China is expected to grow in the upcoming years.
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