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Asia Pacific Food Additives Market By Type (Acidulants, Anti-caking Agents, Colors, Emulsifiers, Enzymes, Flavors, Hydrocolloids, Preservatives, Sweeteners), By Source (Natural, Synthetic), By Application (Bakery & Confectionery, Beverages, Convenience Foods, Dairy & Frozen Desserts, Spices & Condiments, Sauces & Dressings) And By Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Size, Share, Trends, Growth, Forecast (2021 – 2027)

Published: January, 2022
ID: 1441
Pages: 135

Asia Pacific Food Additives Market Growth and Forecast (2022 - 2027):

The Asia Pacific Food Additives Market size has been estimated at USD 9.96 Billion in 2021 and is projected to reach USD 13.91 Billion by 2026, at a CAGR of 6.90% during the forecast period from 2021 to 2026.

Market Overview:

Food additives are ingredients which are added to the end food products to enhance the taste and appearance. They used for imparting specific desired properties to food products, enhancing food palatability in terms of food appearance & appeal.

Drivers and Restraints:

The market for Food additives is mainly driven due to rising population, growing demand for food, need for food preservation, growing concerns towards food safety due to contamination, rising health concerns, consumer demand for better quality, and increasing consumption of premium food products. But, the market growth can be constrained due to stringent regulations by the food administration bodies regarding the amount of usage and safety of the contents.

Asia Pacific Food Additives Market Segmentation Analysis:

Asia Pacific market for Food Additives is segmented based on type, source and application. By type, the market is further sub-segmented into Acidulants, Anti-caking agents, Colors, Emulsifiers, Enzymes, Flavors, Hydrocolloids, Preservatives, Sweeteners. By Source, the market is further sub-segmented into Natural and Synthetic.  By Application, the market is further sub-segmented into Bakery & confectionery, Beverages, Convenience foods, Dairy & frozen desserts, Spices & condiments, sauces & dressings. The flavors segment accounts for the largest market share followed by the sweeteners segment in the market by type. The demand for food additives in beverages accounted for the largest share, while the sauces, dressings, spices, condiments segment is projected to be the fastest-growing segments.

Geographical Analysis:

Geographically, Asia Pacific market for Food Additives is segmented into China, India, Japan, South Korea and Australia. The Food Additives market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly influenced by consumer preferences for healthy eating, trend towards natural & organic foods in the emerging economies. This is leading to high penetration of global key market players to enter into the region as they see a great potential for profits and opportunities in this region.

Key Players in the Market:

Major key Player in the APAC Food Additives Market are

  • E.I. DuPont
  • Archer Daniels Midland Company
  • Cargill, Incorporated
  • CHR. Hansen Holding A/S
  • Kerry Group Plc
  • BASF SE

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 By Type                        

                                5.1.1 Acidulants

                                5.1.2 Anti-caking agents               

                                5.1.3 Colors        

                                5.1.4 Emulsifiers              

                                5.1.5 Enzymes  

                                5.1.6 Flavors      

                                5.1.7 Hydrocolloids         

                                5.1.8 Preservatives         

                                5.1.9 Sweeteners            

                5.2 By Source                    

                                5.2.1 Natural     

                                5.2.2 Synthetic 

                5.3 By Application                           

                                5.3.1 Bakery & confectionery     

                                5.3.2 Beverages               

                                5.3.3 Convenience foods             

                                5.3.4 Dairy & frozen desserts     

                                5.3.5 Other Applications               

6. Geographical Analysis                                              

                6.3 Asia-Pacific                 

                                6.1 Introduction               

                                6.2 China             

                                6.3 India              

                                6.4 Japan            

                                6.5 South Korea               

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 E.I. DuPont                 

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Archer Daniels Midland Company                     

                8.3 Cargill, Incorporated                               

                8.4 CHR. Hansen Holding A/S                     

                8.5 Kerry Group Plc                        

                8.6 BASF SE                        

                8.7 Evonik Industries AG                              

                8.8 Tate & Lyle PLC                         

                8.9 Chr. Hansen Holding A/S                       

                8.10 Novozymes A/S                     

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.  Market Outlook & Investment Opportunities                                            

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. Asia-Pacific Food Additives Market By Region, From 2022 - 2027 (USD Billion)
  2. Asia-Pacific Food Additives Market By Type, From 2022 - 2027 (USD Billion)
  3. Asia-Pacific Food Acidulants Market By Region, From 2022 - 2027 (USD Billion)
  4. Asia-Pacific Food Anti-caking agents Market By Region, From 2022 - 2027 (USD Billion)
  5. Asia-Pacific Food Colors Market By Region, From 2022 - 2027 (USD Billion)
  6. Asia-Pacific Food Emulsifiers Market By Region, From 2022 - 2027 (USD Billion)
  7. Asia-Pacific Food Enzymes Market By Region, From 2022 - 2027 (USD Billion)
  8. Asia-Pacific Food Flavors Market By Region, From 2022 - 2027 (USD Billion)
  9. Asia-Pacific Food Hydrocolloids Market By Region, From 2022 - 2027 (USD Billion)
  10. Asia-Pacific Food Preservatives Market By Region, From 2022 - 2027 (USD Billion)
  11. Asia-Pacific Food Sweeteners Market By Region, From 2022 - 2027 (USD Billion)
  12. Asia-Pacific Food Additives Market By Source, From 2022 - 2027 (USD Billion)
  13. Asia-Pacific Natural Food Additives Market By Region, From 2022 - 2027 (USD Billion)
  14. Asia-Pacific Synthetic Food Additives Market By Region, From 2022 - 2027 (USD Billion)
  15. Asia-Pacific Food Additives Market By Application, From 2022 - 2027 (USD Billion)
  16. Asia-Pacific Bakery & confectionery Food Additives Market By Region, From 2022 - 2027 (USD Billion)
  17. Asia-Pacific Beverages Food Additives Market By Region, From 2022 - 2027 (USD Billion)
  18. Asia-Pacific Convenience foods Food Additives Market By Region, From 2022 - 2027 (USD Billion)
  19. Asia-Pacific Dairy & frozen desserts Food Additives Market By Region, From 2022 - 2027 (USD Billion)
  20. Asia-Pacific Spices & condiments Food Additives Market By Region, From 2022 - 2027 (USD Billion)
  21. Asia-Pacific Sauces & dressings Food Additives Market By Region, From 2022 - 2027 (USD Billion)

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