Global Food Additives Market 2024: by Regions, Type and Application

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Food Additives Market worth over 115 bn by 2024
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Key Insights from Food Additives Market

• Food Additives Market may surpass USD 115 billion
  by 2024 according to a new research report.
  Growing consumer awareness about health
  consciousness along with supportive government
  schemes has led to widespread usage of food
  additives in market. Rapid expansion of
  technology in food industry pertaining to
  consumer's demand for healthy and organic product
  options will positively influence market growth.
  Sweeteners Market is projected to surpass over
  USD 60 billion by 2024. Consumers believe in
  low-calorie sweeteners will effective for various
  purposes which includes weight reduction, weight
  maintenance, management of diabetes and reduction
  in the risks associated with obesity, thereby
  driving the industry growth.
• Food additives have various applications in
  bakery and confectionary, beverages, dairy and
  frozen products, sauce and dressings amongst
  others. Rapid expansion of technology in the
  industry pertaining to consumer's demand for
  healthy and organic product options will
  positively affect market growth. Asia Pacific
  food beverage market was valued at over USD 3.0
  trillion in 2016 and may witness gains at over
  10. Food additives derived from natural sources
  are easily available at minimal cost, which is
  providing a cost advantage to the manufacturers.

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Continued...

• Asia Pacific natural sweetener Market is likely
  to witness a significant gain at over 4.5 during
  the forecast timeframe. Natural sweetener
  increases the stability of the products and is
  also used in milk formulations to increase the
  bioactive calcium.
• Food additives Market from bakery confectionery
  application is projected to reach over USD 35
  billion by 2024. They are widely used in various
  bakery confectionary applications which
  includes cakes, biscuits cookies, chocolates,
  sandwiches and breads. They enhance the volume
  and texture of baked goods.
• Food emulsifiers Market may witness a significant
  gain at over 4 during forecast timeline. They
  are widely used in processing and also to
  maintain freshness quality. They can prevent
  the growth of moulds which will happen in case
  the oil and fat separated in low fat spreads.
  Food additives Market from beverage application
  is projected to reach over USD 50 billion by
  2024. They are widely used in various beverage
  applications including soft drinks, juices,
  coffee, and wines. Fumaric acid is used as an
  additive in alcoholic beverages, including
  spirits, beer, malt beverages, wine, wine coolers
  and low-alcohol beverages, thereby propelling the
  industry growth.

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U.S. Food Acidulants Market Size, By Application,
2017 2024, (Kilo Tons)

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