Title: Synthetic Food Market applications and company’s active in the industry
1Synthetic Food Market share to see growth of 20
Bn By 2024 Global Market Insights Inc.
2Key Insights from Synthetic Food Market
- Synthetic Food Market size is estimated to exceed
USD 20 billion by 2024. - Busy lifestyle and changing demographic trends
are resulting into preference for ready to eat
and processed food consumption, thus enhancing
synthetic food market growth. - Expansion of the processed food industry along
with increasing demand for soft drinks,
confectionery, meat, fruits and dairy will
provide a strong application outlook for
artificial additive industry growth. - Artificial colors are extensively used in several
products to enhance the appearance and make it
more attractive or lucrative. Increasing
utilization of these colorants in meals,
carbonated soft drinks, non-alcoholic beverages
and alcoholic beverages is projected to propel
artificial additives market size. - in the emerging ec.onomies of Asia Pacific,
Middle East Africa, and Latin America may be a
key hindrance for the soluble fibers market
development.
3Continued...
- Hydrocolloids were valued over USD 1.5 billion in
2016. Increasing necessity to provide
stabilization, suspension, thickening, and
manipulating mouthfeel of several beverages
driving product demand. - Flavor fragrances dominated the overall
artificial additives market in 2016. Factors such
as changing taste preferences, rising disposable
income along with gourmet food chain expansion is
expected to propel artificial additives market
share. - Archer Daniels Midland Company, Flavorchem,
Sensient Technologies, FMC, DSM, BASF, Chr.
Hansen, Döhler Group and Allied Biotech are key
players in synthetic food market. Other prominent
players include Frutarom, Symrise, Young Living
Essential Oils, Falcon Essential Oils, Biolandes,
Naturex, Fiorio Colori and D.D. Williamson Co.
Inc.
4 North America Synthetic Flavour Fragrances
Food Market, By Application, 2016 2024 (Kilo
Tons)
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