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Food Additives Market worth $55.8bn by 2022

Food Additives Market size is anticipated to register over USD 52 billion by 2022, with gains at over 5%. <br><br>Get more details @ https://goo.gl/e4i7oD

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Food Additives Market worth $55.8bn by 2022

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  1. Food Additives Market worth $55.8bn by 2022: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Food Additives Market : • Food additives market has already engraved its footprints in the global space with a noticeable shift in consumer preference for natural additives over synthetic ones across the world. Increase in consumption of processed food and beverages with the growing consumer claim for high nutrition content is acting as a catalyzer behind the tremendous growth of the industry. • Global packaged food market is expanding exponentially and is slated to grow lucratively at an annual rate of 2.1% over a five years’ span, which in turn is expected to fuel global food additives market demand by cumulative folds. As per a report by Global Market Insights Inc., “Food additives market is poised to hit a revenue record of more than USD 52 billion, at a CAGR of 5% over the period of 2016-2022.”

  3. Continued... • Food enzymes and flavors & enhancers are the basic two product categories predominant in the industry. Flavors and enhancers held a comparatively larger share in 2014, almost accounting for 30% of the total market. Natural organic flavors are winning an edge over artificial one. Enzymes based food additives market will also exhibit significant growth rate at a CAGR of 5% over 2016-2022. Rising health awareness have resulted in an increase in demand for these functional additives which provides food protection against harmful microbes and bacteria.

  4. U.S. food additives market size, by product, 2012 – 2022 (USD Million)

  5. Browse Full Market Research Report On Food Additives Market @ https://goo.gl/CG5HAr Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/155

  6. 360° Analysis • Application Trends • Robust manufacturing base of red meat and carbonated soft drinks in the U.S. is expected to have a positive impact on the industry. Rising popularity of nutritional enrichment along with European Commission support to regulate application at domestic level is expected to drive demand over the next seven years. • Regional Trends • Europe food additives market size, with Germany, France and UK leading the demand, was the dominant and accounted for more than 30% of the revenue share in 2014. Increasing functional ingredients importance for imparting properties such as flavor, emulsification and shelf life extension in product offerings is expected drive demand. • Competitive Market Share • Food additives market share was dominated by companies such as ADM, DuPont, Ingredion and Novozymes. Other prominent manufacturers include Chr. Hansen, Tate & Lyle, Koninklijke DSM, Ajinomoto, Cargill, BASF, Bio Springer,Pasgaard, Adani Wilmar, Lonza, Keery and Givaudan.

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