Middle East And Africa Food Additives Market

Middle East and Africa Food Additives Market Size (2024 to 2029)

The size of the Middle East and Africa food additives market is expected to be worth USD 2.28 billion in 2024 and grow at a CAGR of 4.43% from 2024 to 2029 to achieve USD 2.83 billion by 2029.

Food additives are ingredients which are added to the end food products to enhance the taste and appearance. They are being utilized 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.

The market for food additives in Middle-East and Africa is mainly driven due to growing supply chain complexities/inefficiencies in the food and beverage industry which is making them resort to food additives which helps in preserving as well as enhancing the taste of the products. But, the market growth can be constrained due to strong organic movement, coupled with decreasing reliance on synthetic chemicals owing to adverse effects on human health.

This research report on the Middle East and Africa Food Additives Market is segmented and sub-segmented into the following categories.

Middle East and Africa Food Additives Market By Type

• Acidulants
• Anti-caking agents
• Colors
• Emulsifiers
• Enzymes
• Flavors
• Hydrocolloids
• Preservatives
• Sweeteners

The flavors segment accounts for the largest market share followed by the sweeteners segment in the market by type

Middle East and Africa Food Additives Market By Source

• Natural
• Synthetic

Middle East and Africa Food Additives Market By Application

• Bakery & confectionery
• Beverages
• Convenience foods
• Dairy & frozen desserts
• Spices & condiments
• Sauces & dressings

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.

Middle East and Africa Food Additives Market By Region

• Middle-East region
• Africa region

The Food Additives market in the Middle-East and Africa region is projected to grow at a high CAGR, due to many foreign companies entering the emerging economies through partnerships as they see the developed countries as matured markets in terms of revenue growth. Also, this area is likely to be a high potential market owing to growing domestic consumption coupled with government support to attract new investment.

KEY MARKET PLAYERS

Major key players in the MEA Food Additives Market are E.I. DuPont , Archer Daniels Midland Company, Cargill, Incorporated, CHR. Hansen Holding A/S, Kerry Group Plc, and BASF SE are the major players of Middle-East and Africa Food Additives market.