Research and Markets: Food Additives Market by Type, Source, Application & Region - Global Forecast to 2020

Research and Markets (http://www.researchandmarkets.com/research/5kffwr/food_additives) has announced the addition of the "Food Additives Market by Type, Source, Application & Region - Global Forecast to 2020" report to their offering.

The market for food additives is projected to grow at a CAGR of 5.6% to reach USD 52.2 Billion by 2020.

Food additives have gained growing level of importance over the years owing to the diverse requirements of the food industry, end consumers, and regulatory bodies across the globe. Food additives are basically used for imparting specific desired properties to food products, enhancing food palatability in terms of food appearance & appeal, ensuring food safety through prevention of contamination, and through extended shelf-life of products.

The report discusses the drivers, restraints, opportunities, and challenges of the market in detail. In the next five years, the markets for acidulants and hydrocolloids are projected to gain better prospects as the fastest-growing segments, globally. The application of food additives is projected to witness strong demand from bakery & confectionery, beverages, and convenience foods segments.

The market was dominated by the North American region in 2014, where the U.S. dominated the regional market with 78% share in 2014. The market in Europe is projected to grow at steady rate while the market in Asia-Pacific is projected to grow at the highest CAGR. This growth may be attributed to the food & beverage sector in Asia-Pacific region, which is greatly influenced by consumer preferences for healthy eating, trend towards natural & organic foods, and the growing demand for convenience food. The trend in the Asia-Pacific region is influenced by the economic growth of countries, growing industrialization, and higher consumer preference for quality products, resulting in ingredient suppliers becoming increasingly optimistic about the future.

However, the health hazards associated with the consumption of synthetic additives, growing consumer demand for no additive food products or products with natural additives, limited availability & high cost of naturally sourced additives, and the rising consumer shift to organic foods have resulted in restrained market growth since the past few years.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Food Additives Market, By Type

8 Food Additives Market, By Source

9 Food Additives Market, By Application

10 Food Additives Market, By Region

11 Competitive Landscape

12 Company Profiles

13 Appendix

Companies Mentioned:

  • Archer Daniels Midland Company
  • BASF SE
  • Cargill Inc
  • Chr. Hansen Holding A/S
  • E.I. Dupont
  • Evonik Industries AG
  • Ingredion Incorporated
  • Kerry Group
  • Novozymes A/S
  • Tate & Lyle PLC

For more information visit http://www.researchandmarkets.com/research/5kffwr/food_additives

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Sector: Food Processing, Food Ingredients

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