Europe Food Additives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.50 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Food Additives Market Analysis
The European food additives market is projected to register a CAGR of 5.5% during the forecast period (2020 - 2025).
- The market is primarily driven by the wide range of its application in food and beverage industries for different functioning, such as preservative, flavor enhancer, emulsifier, sweetener, colorant, and many other functions. Also, the rising demand for convenience and packaged foods, where additives are used in a higher quantity, is further fueling the market growth.
- However, stringent environmental regulations, like the FDA for additives used directly in processed foods and food-contact substances, such as food packaging products, are expected to impede the market growth.
Europe Food Additives Market Trends
This section covers the major market trends shaping the Europe Food Additives Market according to our research experts:
Food Flavors and Enhancers To Hold a Prominent Share In The Food Additives Market
Food flavors and enhancers have experienced rapid development in terms of their application in different food industries within a limited period in recent years. This is primarily due to the changing lifestyle, increasing demand for innovative flavor profiled healthy foods, and influential trend for new exotic and ethnic flavors. With the rising preference for premium-quality products, including premium lines of seasonings and sauces, the market is growing rapidly. Also, rising demand for natural food flavors and consumers is witnessed to avoid artificial colors and flavors and prefer a natural alternative due to the increasing health hazards that occur in the consumption of synthetic/artificial flavors, which has resulted in an increased demand for natural food flavors.
United Kingdom To Dominate The Regional Market
Owing to the large population base with a potential consumer market, the United Kingdom remains a lucrative market for food additives in the region. Moreover, the country is experiencing significant development in terms of new product launches and innovations. Major companies are strategizing business expansion to increase market penetration and are investing to supplement the country's production facility.
Europe Food Additives Industry Overview
The European food additive market is highly competitive. It has a large number of domestic and multinational players competing for market share and innovation in products being a major strategic approach adopted by leading players. Additionally, merger, expansion, acquisition, and partnership with other companies are the common strategies to enhance the company presence and boost the market. For instance, in March 2017, Tate & Lyle partnered with Sweet Green Fields to develop and distribute new stevia ingredients globally. Sweet Green Fields already supplies more than 18 stevia ingredients and has its manufacturing facility in China. Key players dominating the regional market include Cargill Incorporated, Kerry Inc., ADM, Tate & Lyle PLC, Corbion, Associated British Foods PLC, and BASF SE.
Europe Food Additives Market Leaders
-
Cargill, Incorporated
-
Kerry Inc
-
ADM
-
Tate & Lyle PLC
-
Corbion
-
Associated British Foods plc
*Disclaimer: Major Players sorted in no particular order
Europe Food Additives Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Assumptions and Market Definition
-
1.2 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Drivers
-
4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
-
4.3.1 Bargaining Power of Suppliers
-
4.3.2 Bargaining Power of Buyers/Consumers
-
4.3.3 Threat of New Entrants
-
4.3.4 Threat of Substitute Products
-
4.3.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 Type
-
5.1.1 Preservatives
-
5.1.1.1 Natural Antioxidants
-
5.1.1.2 Sorbates
-
5.1.1.3 Benzoates
-
5.1.1.4 Other Preservatives
-
-
5.1.2 Sweeteners
-
5.1.2.1 Bulk Sweeteners
-
5.1.2.2 Sucrose
-
5.1.2.3 Fructose
-
5.1.2.4 Lactose
-
5.1.2.5 HFCS
-
5.1.2.6 Other Sweeteners
-
-
5.1.3 Sugar Substitutes
-
5.1.3.1 Sucralose
-
5.1.3.2 Xylitol
-
5.1.3.3 Stevia
-
5.1.3.4 Aspartame
-
5.1.3.5 Saccharine
-
5.1.3.6 Other Sugar Substitutes
-
-
5.1.4 Emulsifier
-
5.1.4.1 Mono- and Diglycerides & Derivatives
-
5.1.4.2 Lecithin
-
5.1.4.3 Sorbates Easters
-
5.1.4.4 Other Emulsifiers
-
-
5.1.5 Anti-caking Agents
-
5.1.5.1 Calcium Compounds
-
5.1.5.2 Sodium Compounds
-
5.1.5.3 Silicon Dioxide
-
5.1.5.4 Other Anti-caking Agents
-
-
5.1.6 Enzymes
-
5.1.6.1 Carbohydrase
-
5.1.6.2 Protease
-
5.1.6.3 Lipase
-
5.1.6.4 Other Enzymes
-
-
5.1.7 Hydrocolloids
-
5.1.7.1 Starch
-
5.1.7.2 Gelatin Gum
-
5.1.7.3 Xanthan Gum
-
5.1.7.4 Other Hydrocolloids
-
-
5.1.8 Food Flavors and Enhancers
-
5.1.8.1 Natural Flavors
-
5.1.8.2 Synthetic Flavors
-
5.1.8.3 Flavor Enhancers
-
-
5.1.9 Food Colorants
-
5.1.9.1 Synthetic Food Colorants
-
5.1.9.2 Natural Food Colorants
-
5.1.9.3 Other Food Colorants
-
-
5.1.10 Acidulants
-
5.1.10.1 Citric Acid
-
5.1.10.2 Phosphoric Acid
-
5.1.10.3 Lactic Acid
-
5.1.10.4 Other Acidulants
-
-
-
5.2 Geography
-
5.2.1 United Kingdom
-
5.2.2 Germany
-
5.2.3 France
-
5.2.4 Russia
-
5.2.5 Italy
-
5.2.6 Spain
-
5.2.7 Rest of Europe
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Most Adopted Strategies
-
6.2 Market Share Analysis
-
6.3 Company Profiles
-
6.3.1 Cargill Inc.
-
6.3.2 Kerry Ingredients
-
6.3.3 Archer Daniels Midland Company
-
6.3.4 Tate & Lyle PLC
-
6.3.5 Corbion
-
6.3.6 Associated British Foods PLC
-
6.3.7 BASF SE
-
6.3.8 Ajinomoto Co. Inc.
-
6.3.9 Eastman Chemical Company
-
6.3.10 Corbion NV
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Food Additives Industry Segmentation
The European food additives market is segmented by type into preservatives, sweeteners, emulsifiers, anti-caking agents, enzymes, hydrocolloids, food flavors and enhancers, food colorants, and acidulants. Also, the study provides an analysis of the Food Additives Market in the emerging and established markets across Europe, including the United Kingdom, Germany, France, Spain, Italy, Russia, and Rest of Europe.
Type | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Geography | |
United Kingdom | |
Germany | |
France | |
Russia | |
Italy | |
Spain | |
Rest of Europe |
Europe Food Additives Market Research FAQs
What is the current Europe Food Additives Market size?
The Europe Food Additives Market is projected to register a CAGR of 5.5% during the forecast period (2024-2029)
Who are the key players in Europe Food Additives Market?
Cargill, Incorporated, Kerry Inc, ADM, Tate & Lyle PLC, Corbion and Associated British Foods plc are the major companies operating in the Europe Food Additives Market.
What years does this Europe Food Additives Market cover?
The report covers the Europe Food Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Food Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Food Additives in Europe Industry Report
Statistics for the 2024 Food Additives in Europe market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Food Additives in Europe analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.