Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Global Food Additives Market Projected to Reach $106.8 Billion by 2029

This image opens in the lightbox

News provided by

BCC Research LLC

21 Nov, 2024, 11:33 GMT

Share this article

Share toX

Share this article

Share toX

Rising Demand for Natural Additives and Technological Advances Propel Growth in Fragmented Market for Food Additives

BOSTON, Nov. 21, 2024 /PRNewswire/ -- According to the latest study from BCC Research, the Global Market for Food Additives is expected to grow from $80.4 billion in 2024 to $106.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.

The market is segmented by type, covering flavors, acidulants, non-nutritive sweeteners, colorants, flavor enhancers, preservatives, enzymes, and other additives. Additionally, food additives are categorized by source, with segments for natural and synthetic products. Applications span the food and beverage sector, including beverages, bakery and confectionery, sauces, dressings and condiments, dairy and frozen desserts, and sweet and savory snacks. The market is analyzed by the regions of North America, Europe, Asia-Pacific, South America, the Middle East, and Africa, providing insights into global trends and opportunities.

This report on the food additives market is especially relevant now due to the surge in demand for packaged and ready-to-eat products in the post-pandemic era. Increasing food expenditures, driven by rising per capita incomes and a growing working female population in developing regions, are boosting demand for processed foods, which in turn fuels the consumption of food additives. The expansion of food processing activities in these regions further accelerates this trend. Additionally, growing health awareness is leading to increased demand for fortified and functional foods, further propelling the market. Technological advances and the introduction of innovative food additives are also contributing to market growth.

Please click here for more details on report Global Market for Food Additives.

The factors driving the global market for food additives include:

Demand for Natural Food Additives: As consumers become more health-conscious and increasingly wary of synthetic additives, there is a growing preference for natural and clean-label products. Natural food additives, sourced from plants, animals or minerals, are perceived as safer and healthier. This consumer shift is pushing manufacturers to incorporate natural ingredients into their formulations.

Demand from Developing Economies: Rapid urbanization and rising disposable incomes in developing economies are changing dietary preferences, leading to a growing demand for processed and convenience foods. These products often rely on food additives for flavor enhancement, texture improvement, and extended shelf life. The expanding food and beverage industry in these regions is further driving the demand for food additives.

Processed Food Products: With faster-paced lifestyles and increased urbanization worldwide, the demand for processed and ready-to-eat foods is on the rise. Food additives are essential for maintaining the quality, safety and appeal of these products by enhancing flavor, appearance, and shelf life. This growing reliance on convenience foods is fueling the food additives market.

Request a sample copy of the global market for food additives report.

Report Synopsis

Report Metrics

Details

Base year considered

2023

Forecast period considered

2024-2029

Base year market size

$77.2 billion

Market size forecast  

$106.8 billion

Growth rate    

CAGR of 5.8% for the forecast period of 2024-2029

Segments covered

Type, Source, Application and Region

Regions covered

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Countries covered

U.S., Canada, Mexico, China, India, Japan, Australia, Germany, France, Italy, U.K., Spain, Brazil, Argentina

Key market drivers

•  Rising demand for natural food additives as well as processed food products.

•  Increasing market demand from developing economies.

Key facts about the global market for food additives:

  •  E-commerce and retail expansion are boosting processed food consumption.
  •  Increased availability of processed foods is leading to higher demand for food additives.

The report addresses the following questions: 

1.  What are the projections for the food additives market?

  •  The food additives market is expected to surpass $ 106 billion by the end of 2029, with a CAGR of 5.8%. 

2.  What factors are driving the growth of the food additives market?

  •  Rising demand for natural food additives
  •  Increasing demand from developing economies
  •  Increasing demand for processed food products. 

3.  What segments are covered in the report?

  • The food additives market is segmented by type into flavors, acidulants, non-nutritive sweeteners, colorants, flavor enhancers, preservatives, and enzymes. It is further segmented by source into natural and synthetic, and by application into beverages, bakery & confectionery, sauces, dressings and condiments, dairy and frozen desserts and sweet and savory snacks. Forecasts are made for the regions of North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. 

4.  Which source will dominate the market by 2029?

  • The natural segment will continue to dominate the market through the end of 2029. 

5.  Which region has the highest market share?

  • North America holds the largest market share, due to the presence of many key industry players and its established food processing industry. 

The leading companies in the market include:

  •  ADM
  • Ajinomoto Co. Inc.
  • Associated British Foods Plc
  • BASF
  • Cargill Inc.
  • Chr. Hansen A/S, Part Of Novonesis
  • DSM
  • Givaudan
  • International Flavors & Fragrances Inc.
  • Kerry Group Plc
  • Symrise
  • Tate & Lyle

Directly purchase a copy of the report from BCC Research.

For further information or to make a purchase, please get in touch with info@bccresearch.com.

About BCC Research

BCC Research market reports provide objective, unbiased measurement, and assessment of market opportunities. Our experienced industry analysts' goal is to help readers make informed business decisions, free of noise and hype.

Contact Us

Corporate HQ: 50 Milk St. Ste 16, Boston, MA 02109, USA

Email: info@bccresearch.com,
Phone: +1 781-489-7301

For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

Logo: https://mma.prnewswire.com/media/2183242/5039093/BCC_Research_Logo.jpg

Modal title

Also from this source

Carbon Capture & Storage: The Key to a Greener Future

Carbon Capture & Storage: The Key to a Greener Future

According to the latest study from BCC Research, the demand for Carbon Capture, Utilization & Storage Technologies is grow from $3.4 billion in 2024...

Chemicals for Cosmetics & Toiletries to Reach $35.0 Billion by 2029: Global Market Trends

Chemicals for Cosmetics & Toiletries to Reach $35.0 Billion by 2029: Global Market Trends

According to the latest study from BCC Research, "Global Markets for Chemicals for Cosmetics & Toiletries" is expected to grow from $27.7 billion in...

More Releases From This Source

Explore

Food & Beverages

Food & Beverages

Publishing & Information Services

Publishing & Information Services

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.