(Entertainment-NewsWire.com, December 13, 2017 ) As per the syndicated report published by Market Data Forecast Europe Food Additives Market which is estimated to be USD 10.94 Billion in 2016 is poised to reach USD 14.02 billion by 2021, at a CAGR of 5.10% from 2016 to 2021.
It can attribute to the factors such as rising consumer demand for exotic taste and high-value nutritional products, which is influencing manufacturers to develop ingredients that would enhance the consumer experience. In addition, rising awareness about high nutritional diet and increasing need to impart ethnic taste are also driving the demand for food additives. However, the market growth can be constrained due to strict regulations by food administration agencies on the quality and quantity of food additives.
To give brief idea Food additives are substances added to various food products for enhancing their appearance and taste or for preserving their flavour. A variety of food additives have been utilized, such as vinegar for the preservation of food by pickling, sulphur dioxide for wines, salting as in the case of bacon, etc. Food additives can be of both artificial and natural origin.
Europe Food Additives Market is segmented based on type, application and end-users as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
By Type:
· Acidulants
· Anti-caking agents
· Colors
· Emulsifiers
· Enzymes
· Flavors
· Hydrocolloids
· Preservatives
· Sweeteners
By Source:
· Natural
· Synthetic
By Application:
· Bakery & confectionery
· Beverages
· Convenience foods
· Dairy & frozen desserts
· Other Applications
Geographically, Europe market for Food Additives is segmented into Germany, U.K., Spain, France and Italy. Europe is the second biggest market in terms of market share across the globe. Food Additives demand in the Europe region is increasing owing to growing importance of functional ingredients for incorporating properties such as emulsification, flavor, and extension of shelf life.
E.I. DuPont, Archer Daniels Midland Company, Cargill, Incorporated, CHR. Hansen Holding A/S, Kerry Group Plc. and BASF SE are the major players of Europe Food Additives market.
The Food Additives Market study offers the following deliverables: · Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
· Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
· Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
· Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porter’s Five Forces Analyses
· Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
· Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
· Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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