(Food-Beverage-News.Com, May 22, 2017 ) According to the report Global Food Additives Market published by Market Data Forecast, the global market projected to reach USD 53.56 billion by 2021, at a CGSR of 5.75% from 2016 to 2021.
Food additives are basically used for imparting specific desired properties to food products, ensuring food safety through prevention of contamination, enhancing food palatability in terms of food appearance & appeal, and through extended shelf-life of products. They have gained growing level of importance over the years owing to the diverse requirements of the end consumers, food industry.
The market for Food Additives is mainly driven due to growing consumption of beverages and food with high nutrition content and the better visual appeal, which are enhanced by food additives. Also, growing demand for appetizers and frozen meals, packaged products including ready-to-eat meals is also increasing the demand for additives. But, the market growth is restraining due to stringent laws to determine the safe additives, which is making the process complex to register to new additives by companies.
3) Based on Application: Bakery & confectionery Beverages Convenience foods Dairy & frozen desserts Other Applications
4)Geographical Segmentation: North America Food Additives Market Europe Food Additives Market Asia-pacific Food Additives Market Latin America Food Additives Market Middle East and Africa Food Additives Market
The key players in this market are E.I. DuPont, Cargill, Incorporated, CHR. Hansen Holding A/S, Kerry Group Plc, Archer Daniels Midland Company, and BASF SE
The Global Food Additives Market study offers the following deliverables:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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