Home > Food & Beverages > Food Additives > Texturizers and Thickeners > Food Additives Market

Food Additives Market Share

Report ID: GMI155
Published Date: Mar 2023
Report Format: PDF

Download Free Sample

Food Additives Market Share

Some of the leading companies in the food additives market include:

Sensient Technologies
Ajinomoto Co., Inc.
BASF SE
Archer Daniels Midland Company
Bio Springer
Chr. Hansen A/S
Cargill Inc.
Novozymes
Corbion
DuPont
Eastman Chemical Company
Givaudan S.A.
Kerry Group
Ingredion Incorporated
Koninklijke DSM N.V.
Mitsubishi International Food Ingredients, Inc.
Lonza Group
Palsgaard A/S, Kraft Foods Group, Inc.
Tate & Lyle PLC.

These firms are foraying into strategic partnerships and collaborations to boost innovations and product developments. For instance, in March 2023, Cargill announced partnership with food tech company, CUBIQ FOODS to ramp up the commercialization of the latter’s innovative fat technologies for enabling new launches in plant-based food products.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of food additives reached USD 100 billion in 2022 and is poised to grow at 7% CAGR from 2023 to 2032.

The sweeteners segment is expected to witness over 8.8% CAGR through 2032, due to the health benefits of low-calorie sweeteners in weight management.

The market size for food additives in Asia Pacific is likely to reach USD 75 billion by 2032, owing to the increasing production of agriculture and processed food products in India.

BASF SE, Bio Springer, Cargill Inc., Novozymes, DuPont, Corbion, Givaudan S.A., Kerry Group, Lonza Group, Palsgaard A/S, and Tate & Lyle PLC are some of the major manufacturers of food additives.