Transparency Market
Research
Food Additives Market By Type and By Source - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021
Published Date
29-07-2015
59 Page Report
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Press Release
Synthetic Food Additives Reveal Mammoth Opportunity for Growth in
Emerging Countries, Says TMR
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Food Additives Market
REPORT DESCRIPTION
Anti-caking agents, humectants, foaming agents, raising agents, flavor enhancer, and bulking agents are
some of the food additives that play a major role in the food industry. Among these additives, flavors and
enhancers segment hold significant shares and is expected to account for 32.4% of the market by 2021, as
per a report published by Transparency Market Research (TMR). The high demand for flavors and
enhancers is due to an increased demand for different types of cuisines. According to the report, the global
food additives market is expected to rise from US$31.4 bn in 2014 to US$39.8 bn by 2021, expanding at a
CAGR of 3.40% from 2015 to 2021. The growing food and beverages industry and the rising health
concerns among consumers, are driving the growth of the market.
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TMR analysts shed light on three important questions that companies operating in the food additives
market have:
Q. What are the growth strategies commonly implemented by key players operating in the
food additives market?
Companies such as Archer Daniels Midland Company and Associated British Foods plc ensure that they are
regularly involved in new product development to maximize their market share. While Associated British
Foods plc launched a high protein bread in New Zealand in...