Albany, NY, May 27, 2015 (GLOBE NEWSWIRE) -- A recent report study based on the global food additives market for has been recently published by U.S.-based market intelligence firm Transparency Market Research. The report states that the global market for food additives will tread along a moderate growth path, registering a CAGR of 3.6% between 2012 and 2018. The market, which was valued at US$28.2 billion in 2011, will reach US$36.1 billion by 2018. The report is titled "Food Additives Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2012 - 2018".
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The report states that a thriving global food and beverages industry, a shift from synthetic additives to natural additives, and increased global demand for functional food additives owing to rising health concerns are the chief driving forces behind the market's growth. However, the market's growth is restrained due to stringent regulations and guidelines regarding the composition of food additives.The report categorizes the global market for food additives chiefly according to two criteria: food additive types and key regional markets.
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Types of food additives covered in the report include products such as colorants, shelf-life stabilizers, enzymes, fat replacers, sweeteners, emulsifiers, and flavors and enhancers. Among these, the market segment of flavors and enhancers dominated the market with a 33% share of the overall market in 2011. The report states that this market segment, which deals mostly with enhancing and recreating the traditional aroma of food products and ethnic tastes, will lead to significant growth opportunities for the market in the near future.
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"The market for flavors and enhancers will help the global market for food additives in garnering revenue of US$12 billion by 2018," states a TMR analyst.The report also states that the market shows a huge promise for growth in the sectors of shelf life stabilizers, enzymes, and fat replacers.The report segments the global market into four regional markets: North America, Europe, Asia Pacific, and the Rest of the World (RoW). Of these, the food additives market in Europe held the largest share of global demand in 2011, an estimated 32%. The food additives market in North America is expected to reach a net worth of US$9 billion by the year; the demand will be largely driven by rising disposable incomes and improving trading circumstances. Based on the report's forecast, the food additives market in Asia Pacific will grow at the fastest pace and dominate the global food additives market due to rising demand from the flourishing food and beverages industries in countries such as China, India, and South Korea.
Other Reports Published by Transparency Market Research :
- Food Preservatives Market: http://www.transparencymarketresearch.com/food-preservatives-market.html
- Bottled Water Market: http://www.transparencymarketresearch.com/bottled-water-market.html
The report presents a detailed snapshot of the competitive landscape of the global food additives market. It presents detailed financial profiles of the key vendors operating in the global food additives market, including Danisco, CP Kelco, Archer Daniels Midland (ADM), Givaudan, BASF, Sensient Technologies Corporation, AVEBE, CSM, Associated British Foods (ABF), Chr. Hansen, Cargill, Ajinomoto, DSM, and Danisco.
Browse Article of Food Additives Market: http://www.transparencymarketresearch.com/article/food-additives.htm
Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Source:Transparency Market Research