Wednesday, 18 June 2014

Food Additives Market


Food Additives Market was valued at USD 760 million and is expected to grow at a CAGR of 21.3% from 2013 to 2019 to reach an estimated value of USD 2,937.3 million by 2019.
Browse the full report at  http://www.transparencymarketresearch.com/food-additives.html
Food additives represent a global, multi-billion dollar market, dominated by additive categories, including flavor and flavor enhancers, hydrocolloids, acidulants, and emulsifiers. There are several factors that are directly or indirectly driving the global food additives market. These include concerns related to food safety; health and nutrition, especially the need to control the spread of diabetes, obesity and food allergies; the emergence of value-added products; the need for convenience; the continued increase in raw materials and energy costs; commercialization of new products; and the need to make significant investments in research and development and in securing regulatory approvals. Other factors driving the food additives market include the adoption of sophisticated food processing methods by developing countries, restructuring of food processing companies, and a demand for more complicated food ingredients by processors, which are fuelling the demand for food additives.
Global Information Inc (GII) presents two market research reports covering the global food additives and artificial sweetener markets. Also from our premium research partner Global Industry Analysts, Inc., are two related reports of significance highlighting the global food safety testing and animal feed additives markets.
Food Additives
The global food additives market is projected to reach $37.7 billion by 2018. While consumers dictate trends in foods and beverages, the food additives market is expected to face all-too-familiar challenges in future. These may include delivering foods to new markets quickly and cheaply, developing quality products at affordable rates, adopting new packaging techniques, and increasing consumer awareness regarding the safety of new preservation methods.
Consumer preference is clearly favoring natural additives over synthetic additives. The categories benefiting the most and also affected the most due to the "naturals" trend include colors and flavors, where natural additives are gaining over synthetic additives. For instance, despite the higher cost and limitations, natural colorants are witnessing robust growth in the food colorants market. The trend is more or less similar in the flavors and flavor enhancers market, where demand for natural flavors is driven by consumer perception that naturals have health benefits. Natural flavors and flavor enhancers, such as monosodium glutamate and ribonucleotides, are likely to benefit from this trend. However, this trend has given rise to a situation where food additive makers are being pressurized to develop additives from natural sources, which is proving to be a daunting task for manufacturers operating in this space.

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