NEWS Food Additives Market to Grow 4.4% YoY from 2022 to 2023: Rising Consumer Demand for Processed Foods in Developed and Developing Countries to Drive Growth

New York, December 9, 2022 /PRNewswire/ — Food Additives Market Insights –

• supplier: Over 15 years old, including Ajinomoto Co. Inc., Archer Daniels Midland Co., Associated British Foods Plc, bell taste & Fragrances GmbH, Cargill Inc., Chr Hansen Holding AS, Eastman Chemical Co., Evonik Industries AG, Givaudan SA, Griffith Foods Worldwide Inc., Ingredion Inc., International Flavors & Fragrances Inc, JM Huber Corp., Kerry Group Plc, Koninklijke DSM NV, Quality Ingredients Corp., Tate & Lyle Plc, Wego Chemical Group Inc., BASF SE, Ashland Inc., etc.

• Coverage: Parent Company Market Analysis; Key Drivers, Key Trends and Challenges; Customer and Supplier Profiles; Supplier Product Insights and Latest Developments; Key Suppliers; and Suppliers’ Market Positioning

• Segmentation: Applications, Products and Regions

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The Food Additives Market report presents key information and factual data and conducts a qualitative and quantitative study of the market in terms of market drivers and constraints, as well as future prospects.

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From a geographical point of view, 32% of market growth will come from North America. This Food Additives Market Estimated growth in size $14211.34 million From 2022 to 2027, the CAGR will be 5%, according to Technavio.

Food Additives Market – customer landscape

To help companies assess and formulate growth strategies, the report outlines—

• Key Procurement Criteria

• adoption rate

• adoption life cycle

• Drivers of Price Sensitivity

• Highlights about customer profiling, Download the sample!

Food Additives Market – Vendor Insights

Increasing competition in the market is forcing vendors to adopt various growth strategies such as promotional campaigns and advertising spend to increase the visibility of their services. The Technavio report analyzes the competitive landscape of the market and provides Food Additives market vendors including-

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• Ajinomoto Co., Ltd.:

• Archer Daniels Midland Company

• associated british foods

• bell taste & Fragrance Co., Ltd.

• Cargill

• chr. hansen holdings

• eastman chemical co.

• Evonik Industries AG

• Givaudan

• Griffith Foods Global

• Ingredion

• International Flavors and Fragrances

• JM Huber Company

• Kerry Group

• Koninklijke DSM NV

Food Additives Market – Market Dynamics

Key drivers:

• Growing demand for processed food among consumers in both developed and developing countries

• Expanding the global middle class

• Increase in the number of working women

Main challenges:

• Growing demand for fresh food

• World Health Organization (WHO) promotes consumption of fresh fruits and vegetables

• Rising number of supermarkets boosting the growth of the global fresh food market

Drivers and challenges affect the market dynamics, which in turn affect the business.Find more insights in Free Sample Report!

What are the key figures covered in this Food Additives market report?

• CAGR of the market during the forecast period

• Detailed information about the factors driving the growth of food additives market from 2023 to 2027

• Focus on the parent market to accurately estimate the food additive market size and its contribution to the market

• Accurately predict upcoming trends and changes in consumer behavior

• Asia Pacific Food Additives Market Industry Growth, North America, Europe, middle East and Africaand South America

• Comprehensive analysis of the market competitive landscape and detailed information about the vendors

• Comprehensive Analysis of Factors That Will Challenge the Growth of Food Additives Market Players

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table contents

1.executive Summary

2 Market Structure

3 Market Size

4 Historical Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Product

8 Customer Profile

9 geographical landscape

Top 10 drivers, challenges and trends

11 Supplier Profile

12 Supplier Analysis

13 Appendix

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