Market Research Future (Food and Beverages) Food Additives Market Research, Size, Share | Page 4

Food Additives Market Research Report - Forecast to 2023
3 Sample Pages
Geographical Analysis:
Continuing with its dominance, Europe market for Food Additives is expected to surge, witnessing the high
consumption of the products. Growing further, over its previous growth records by 2027 the region is expected to
create a more significant revenue pocket in the global market. Factors such as high disposal income, the presence
of large food enthusiasts & connoisseurs populace influence the regional market growth positively.
Countries such as the UK, France, Italy & Germany account for the major contributors to the growth owing to the
presence of a large food connoisseur populace and the well-established market players. Also, improvement in the
cattle breed management coupled with the growing dairy industry in New Zealand is likely to influence food additives
demand, positively.
Whereas North America, the second-largest market for Food Additives is surging mainly due to the major
contributions of the US market, backed by the continual R&D efforts transpired to bring novelties in the products and
high per capita income.
While attributing to the resurging economy in some of the APAC countries like India & China, the Asia-Pacific market
for Food Additives is witnessing exponential growth. Increasing consumption of the products in developing countries
is another key factor driving the regional market.
The increasing importance of functional ingredients for imparting properties such as flavor, emulsification and
enhanced shelf life in the product is expected drive market demand for Food Additives in the APAC region. Favorable
regulations aimed at promoting foreign investments in domestic Food & beverage industry is another key factor
propelling the regional market growth.
Industry/ Innovations/ Related News:
May 16, 2018 – Kemin Industries (US) a global nutritional ingredient company launched its new product - a plant-
based alternative to EDTA – named as ‘NaturFORT RSGT’ for shelf life extension.
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