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As per the latest analysis, the global food additive market size is estimated to reach US$ 310.9 <br>billion in 2024. In the forecast period, global demand for food additives is projected to rise at a <br>healthy CAGR of 7.2%, taking the overall market valuation to a massive total of US$ 551.4 <br>billion by 2034.<br>Consumption of food additives remains particularly high in the beverage sector, and the trend <br>will likely persist through 2034. This is due to the growing usage of artificial and natural <br>sweeteners in diverse industries. The target segment is set to account for a dominant share of <br>34.0% in
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