Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Food Additives Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Food Additives Market?
The market size for food additives has seen consistent growth in the past few years. In 2024, the market size was $50.73 billion and it is projected to increase to $52.91 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 4.3%.
What Is the Forecasted CAGR for the Food Additives Market by 2029?
The Food Additives market is projected to reach a size of $68.04 billion by the year 2029. The market is anticipated to grow at a compound annual growth rate (CAGR) of 6.5%.
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What Are the Market Drivers in the Food Additives Industry?
The key Drivers in the food additives market are:
• Rising consumption of ready-to-eat meals
• Improvement in food quality through the use of additives
• Demand for food additives to reduce chances of spoilage
• Growing preference for convenience in food preparation and consumption
What Is the Segment-Wise Breakdown of the Food Additives Market?
The food additivesmarket covered in this report is segmented –
1) By Product: Preservatives, Bulk Sweeteners, Sugar Substitutes, Emulsifiers, Anti-Caking Agents, Enzymes, Food Flavors, Food Colorants, Acidulants
2) By Source: Synthetic, Natural
3) By Application: Beverages, Bakery, Confectionery, Sauces And Dressings, Dairy, Other Applications
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Which Emerging Trends Are Driving Growth in the Food Additives Sector?
The key trends in the food additives market are:
• Innovation in product development is a prevalent emerging trend in the food additives market.
• Key industry players are significantly investing in innovative solutions to fortify their market presence.
• Usage of sweeteners, including artificial and non-sugar varieties, in processed foods and beverages is a rising trend.
• The launch of new sweetener products indicates a growing focus on creating healthier food alternatives.
Which Companies Are Dominating the Food Additives Market in Terms of Revenue?
The key players in the food additives market are:
• Ajinomoto Co Inc.
• Archer Daniels Midland Company
• Badische Anilin und Soda Fabrik
• Cargill Incorporated
• Chr. Hansen Holding A/S
• Givuadan SA
• Ingredion Incorporated
• Kerry Group Plc.
• Tate & Lyle Plc.
• Novozymes A/S
• Koninklijke DSM N.V.
• Evonik Industries AG
• Lonza Group AG
• Corbion N.V.
• DuPont de Nemours Inc.
• AGRANA Beteiligungs AG
• International Flavors & Fragrances Inc.
• Biospringer
• Ingredaco
• Palmer Holland Inc.
• TRInternational Inc.
• Eastman Chemical Company
• Palsgaard
• DSM NV
• Royal DSM
What Are the Regions Driving Demand in the Food Additives Market?
Asia-Pacific was the largest region in the food additives market share in 2024
