Food Additives Market Is Expected to Reach Usd 39.85 Billion by 2021

Transparency Market
Research

Food Additives Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2015 - 2021

Published Date
29-07-2015

80 Page Report

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Press Release

Food Additives Market is expected to reach USD 39.85 billion by
2021

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Food Additives Market

REPORT DESCRIPTION

Food additives are substances which are added to food products in order to preserve flavor and
enhance its taste and appearance. The food additives market by type has been segmented into
flavors and enhancers, sweeteners, enzymes, colorants, emulsifiers, food preservatives, and fat
replacers. In addition, food additives market by source can be segmented into artificial and
natural. Food additives being a chemical substance is regulated by government directives
globally. The manufacturers of food additives have to constantly modify their products in order to
meet customer requirements. Food and beverage industry is one of the major end users for food
additives. Stable growth of food and beverage industry is one of the major factors driving the
food additives market globally. In addition, increasing demand for functional food additives is also
boosting the demand for food additives globally.

The Food and Drug administration (FDA) defines a food additive as, any substance the intended
use of which results or may reasonably be expected to result, directly or indirectly, in its
becoming a component or otherwise affecting the characteristic of any food (including any
substance intended for use in producing, manufacturing, packing, processing, preparing,
treating, packaging, transporting, or holding food; and including any source of radiation intended
for any such use); if such substance is not GRAS or sanctioned prior to 1958...