Global Food Additives Market is Projected to Reach $41.670 billion in 2021

Report Sellers has added a new market research report “Food Additives Market - Forecasts From 2016 to 2021” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, Food additives are substances added to food to either enhance its taste or appearance or to preserve it. Global food additives market is projected to reach US$41.670 billion in 2021, increasing from US$34.618 billion in 2016, growing at a CAGR of 3.78% during the forecast period.

Factors driving the growth of this market are growing consumption of fast-food and beverages fueled by lifestyle changes, rising relevance of quality and nutrition in eating habits, stronger consumer-centric laws, and higher household consumption expenditure. Growing middle class in emerging economies and a larger global workforce are expected to strengthen growth in the market as food consumption expands. Over the forecast period, Europe is expected to be the largest market for food additives while Asia-Pacific is projected to witness the highest growth.

Browse through the complete description and in-depth TOC on “Food Additives Market”
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Report Scope

Food Additives Market has been segmented on the basis of type, application, and geography as follows:

By Classification
Natural
Synthetics

By Type
Flavors
Preservatives
Acidulants
Emulsifiers
Colors
Others

By Application
Bakery
Confectionary
Dairy and Milk
Beverage
Dietary Supplements
Instant Food
Meat and Poultry

By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific

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