The Global Food Additive Market by Product Type, Source, Application and Region - Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 17, 2019--The “Global Food Additive Market by Product Type, by Source, by Application, by Region - Size and Forecast, 2018-2025” report has been added to ResearchAndMarkets.com’s offering.
Global Food Additive market report provides analysis for the period 2016-2025, wherein the period from 2018 to 2025 is the forecast period and 2017 is base year.
The market study reveals that the global food additive market is expected to grow over a CAGR of 4% during 2018-2025 in terms of value. The market is expected to reach around USD 60 billion by 2025.
This growth is driven by a numerous reasons such as, growing demand for processed and packaged food among consumers across the globe, coupled with technology innovation in the overall Food & Beverage industry.
Select FindingsFlavoring Agents has been the largest revenue contributor, in terms of value, to the global additive market as compared to other product types. It is expected to grow with CAGR over 4% by value during the forecast period, 2018-2025. Global food additive market from various applications is estimated to grow with a CAGR over 4% over the period of 2018-2025 with Bakery & Confectionery having highest contribution. Asia Pacific is the fastest growing region in the Food Additive market and is expected to propel with a CAGR over 6% by value and with a CAGR over 5% by volume during the forecast period, 2018-2025 with India being the fastest growing market having a CAGR over 7% and expected to reach a revenue of around USD 3 Billion.
Key StakeholdersCargill Inc. BASF SE Archer Daniel Midland Company Kerry Group DowDupont Evonik Industries AG
Companies ProfiledCargil Inc. BASF SE Archer Daniel Midland Company DuPont Kerry Group Evonik Industries AG Ingedion Incorporated Tate & Lyle PLC Chr Hansen Holding A/S Novozymes A/S
For more information about this report visit https://www.researchandmarkets.com/research/mxpnfm/the_global_food?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190117005324/en/
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Related Topics:Food Additives
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/17/2019 06:53 AM/DISC: 01/17/2019 06:53 AM