Global Food Additives Market to Exceed $33.9 Billion by 2015, According to New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Food Additives market. The world market for food additives is projected to exceed $33.9 billion by the year 2015. There is a continuing trend towards low-calorie, low-fat foods, favoring additives that help reduce overall fat content in foods. Consumers are also keen on "all natural" products, indicating a preference for foods that incorporate natural additives. The demand for food additives is coming mainly from outside the west, as use of processed foods is increasing in developing countries.
San Jose, California (Vocus) June 7, 2010
Food additives are substances that are added to food at low concentrations to help improve taste, extend shelf life, and prevent growth of microbes. They help maintain quality, texture, consistency, taste, odor, alkalinity/acidity, or serve any technological function related to food, such as acting as a processing aid. The factors playing a prominent role in growth of the food additives market include adoption of sophisticated food processing methods by developing countries, restructuring of food processing companies, and a demand for more complicated food ingredients by processors.
The United States and Europe dominate the world food additives market as stated by the new market research report on Food Additives market. Americans are particularly conscious of the calorie content, and hence low-calorie, low-fat foods are popular in the US. This indicates a growing demand for food additives such as fat replacers, artificial sweeteners, and hydrocolloids. Nevertheless, the US market remains the largest for flavors/flavor enhancers.
Key factors influencing growth of food additives in Europe include growing health conscious among Europeans, food safety concerns, and increasing preference for convenience foods. The raising obesity levels and desire for natural food products are factors driving demand for natural additives and fat replacers. The European market remains the largest for flavors/flavor enhancers.
Key players profiled in the report include Ajinomoto Co. Inc., Archer Daniels Midland Company, Associated British Foods Plc., ABF Ingredients Ltd., PGP International, Inc., AVEBE U. A., BASF SE, Cargill, Inc., Chr. Hansen A/S, CP Kelco U. S. Inc., Danisco A/S, Royal DSM N. V., Firmenich SA, FMC BioPolymer, GELITA AG, Givaudan SA, Griffith Laboratories, International Flavors & Fragrances Inc., Jungbunzlauer AG, Kalsec, Inc., Kraft Food Ingredients Corporation, Land O'Lakes, Inc., McCormick & Company, Inc., Novozymes A/S, NutraSweet Company, Nutrinova Nutrition Specialties & Food Ingredients GmbH, Purac America Inc., Red Arrow Products Company LLC, Rudolf WILD GmbH & Co. KG, Sensient Technologies Corp., Sethness Caramel Color, Takasago International Corporation, Tate & Lyle PLC, and TIC Gums Inc., among others.
The report titled “Food Additives: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, growth challenges, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including The United States, Canada, Japan, Europe, Asia-Pacific, Middle East, Latin America and Rest of World by the following segments – Acidulants, Fat Replacers, Sweeteners, Vitamins & Minerals, Colorants (Natural/Uncertified and Synthetic/Certified), Flavors/Flavor Enhancers, Hydrocolloids, Emulsifiers, Preservatives (Antimicrobials and Antioxidants), Enzymes and Others. Sweeteners market is further analyzed by bulk and intense sweeteners for the global and US markets.
For more details about this comprehensive market research report, please visit –
Http://www. strategyr. com/Food_Additives_Market_Report. asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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