Food Additives Market Is Expected to Reach Usd 39.85 Billion by 2021

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

Food Additives Market is expected to reach USD 39.85 billion by
2021

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Food Additives Market

REPORT DESCRIPTION

Transparency Market Research has published a new market report titled “Food Additives Market - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.” According to the report, the
global food additives market was valued at USD 31.43 billion in 2014 and is projected to reach USD 39.85
billion by 2021, growing at a CAGR of 3.4% from 2015 to 2021.
Among the different regions, RoW and Asia Pacific market have the similar growth rate and are estimated
to grow at the CAGR of 4.2% over the forecast period. In terms of revenue, Europe held the largest market
size of USD 9.45 billion in 2014. However, it is expected that Asia Pacific is expected to acquire the largest
market for the food additives by 2021.
Browse full Food Additives Market report at:http://www.transparencymarketresearch.com/foodadditives.html
The major factors driving the growth of the food additives market are growing food and beverages
industry, increasing demand for functional food additives due to rising health concerns and shift in trends
from synthetic food additives towards natural food additives.
By types, flavors and enhancers held the largest market in 2014 and is estimated to hold its leading
position throughout the forecast period. Flavors and enhancers is followed by fat replacers, which is
estimated to hold the second largest market share for food additives over the forecast period.
By source, natural food additives is the...