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Global Food Additives Market to Reach Us$39.8 Bn by 2021 Due to Increasing Expansion of Food and Beverage Industry

  • Date Submitted: 04/27/2016 02:45 AM
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Transparency Market
Research

Food Additives Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2015 - 2021

Published Date
29-07-2015

59 Page Report

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Press Release

Global Food Additives Market to Reach US$39.8 bn by 2021 due
to Increasing Expansion of Food and Beverage Industry

Transparency Market Research
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Food Additives Market

REPORT DESCRIPTION

Transparency Market Research report states that the global food additives market stood at US$31.4 bn in
2014 and is predicted to reach US$39.8 bn by 2021, expanding at a CAGR of 3.40% from 2015 to 2021.
The title of the report is “Food Additives Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2015 - 2021.”
Food additives are substances added to various food products for enhancing their appearance and taste or
for preserving their flavor. A variety of food additives have been utilized by man, such as vinegar for the
preservation of food by pickling, sulfur dioxide for wines, salting as in the case of bacon, etc. Food
additives can be of both artificial and natural origin. For the regulation of these additives and in order to
keep customers informed, each food additive has been assigned a unique number called as ‘E number’ in
European countries. The Food and Drug Administration (FDA) in the U.S. categorizes food additives as
‘generally recognized as safe’ (GRAS).
As per the report, the increasing expansion of the food and beverage industry and the rising preference for
natural additives in place of synthetic additives are amongst the prominent factors fuelling the growth of
the market for food additives. However, growth opportunities for synthetic additives are still seen within
developing nations, thus fuelling the overall market’s growth. In...

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