Russia Food Additives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.60 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Russia Food Additives Market Analysis
Russia Food Additives Market is forecasted to grow at a CAGR of 3.6% during the forecast period (2020-2025).
- Food additives are used to enhance the taste, color, texture of food, same time maintaining the freshness and nutritional content.
- Russia is one of the fastest-growing emerging markets and in order to address the supply chain complexities, food additives are used to meet food safety and security. Health consciousness is growing among the population, thus driving the market for natural food additives in the Russian region
Russia Food Additives Market Trends
This section covers the major market trends shaping the Russia Food Additives Market according to our research experts:
Growing Demand for Retail Food
Food retail is a highly competitive industry, both in developed and developing markets. Increased number of retailers, retail channels and formats are increasing consumer access to process and convenience foods, further increasing demand for food additives by the food & beverage industry. While providing consumers with competitive prices, quality, and services, the organized retail sector exposes the consumer to label information and quality comparison with both private labels and branded products.
Food Antimicrobial Additives Market is Growing Slowly in Russia
In Russia, the food antimicrobial additives market is growing slowly as the preservatives used in Russian foods are prohibited as per WHO standards, therefore, obstructing the export of these products. Benzoates are ban in Russia owing to its role in allergies, asthma and skin rashes or can cause brain damage. Additionally, Russia's consumer watchdog Rosselkhoznadzor discourages the use of natamycin. Moreover, the trend of 'no-preservative' is overall hampering the growth of the Russia market. In recent years, the application of sodium benzoate (E211) has been declining owing to the severity of harm it can cause to human health.
Russia Food Additives Industry Overview
The strategies being adopted in the Food additives industry is in the Innovation category under the development of natural food additives and functional food ingredients to meet customer demand. In countries like Russia, local companies take a larger market share. Another major opportunity is in the functional food additives and natural additives market with demand for Omega 3, vitamins, fiber and antioxidants enriched foods. Some of the major players in the Russia Food Additives Market are Cargill Inc, European Flavours & Fragrances Plc, Tate & Lyle Plc, Archer Daniels Midland(ADM), Associated British Foods, among others.
Russia Food Additives Market Leaders
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Cargill Inc
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European Flavours & Fragrances Plc
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Tate & Lyle Plc
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Archer Daniels Midland(ADM)
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DSM
*Disclaimer: Major Players sorted in no particular order
Russia Food Additives Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Preservatives
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5.1.2 Sweetener
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5.1.3 Sugar Substitutes
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5.1.4 Emulsifier
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5.1.5 Enzymes
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5.1.6 Hydrocolloids
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5.1.7 Food Flavors and Colorants
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5.1.8 Others
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5.2 By Application
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5.2.1 Confectionery
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5.2.2 Bakery Products
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5.2.3 Dairy & Frozen Food
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5.2.4 Beverages
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5.2.5 Meat, Poultry, and Sea Food
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Position Analysis
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6.4 Company Profiles
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6.4.1 Cargill Inc
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6.4.2 European Flavours & Fragrances Plc
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6.4.3 Tate & Lyle Plc
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6.4.4 Archer Daniels Midland(ADM)
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6.4.5 Koninklijke DSM N.V
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6.4.6 BASF
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6.4.7 Associated British Foods
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6.4.8 Givaudan
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Russia Food Additives Industry Segmentation
Russia Food Additives Market is segmented by type and application. On the basis of type, the market is segmented into preservatives, sweeteners, sugar substitutes, emulsifiers, enzymes, food flavors and colorants, and others. On the basis of application, the market is segmented into confectionery, dairy & frozen, bakery, meat, poultry, and seafood, beverages, and others.
By Type | |
Preservatives | |
Sweetener | |
Sugar Substitutes | |
Emulsifier | |
Enzymes | |
Hydrocolloids | |
Food Flavors and Colorants | |
Others |
By Application | |
Confectionery | |
Bakery Products | |
Dairy & Frozen Food | |
Beverages | |
Meat, Poultry, and Sea Food | |
Others |
Russia Food Additives Market Research FAQs
What is the current Russia Food Additives Market size?
The Russia Food Additives Market is projected to register a CAGR of 3.60% during the forecast period (2024-2029)
Who are the key players in Russia Food Additives Market?
Cargill Inc, European Flavours & Fragrances Plc, Tate & Lyle Plc, Archer Daniels Midland(ADM) and DSM are the major companies operating in the Russia Food Additives Market.
What years does this Russia Food Additives Market cover?
The report covers the Russia Food Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Russia Food Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Food Additives in Russia Industry Report
Statistics for the 2024 Food Additives in Russia market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Food Additives in Russia analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.