Tate & Lyle enterprise launched new products in the Food Additives Market

Posted by shanigaram karthik on December 23rd, 2019

Market overview

Food additives are used across many applications such as bakery & confectionery, beverages, dairy & frozen desserts, meat & poultry products, and others that include soups, sauces, and baby food, to raise the sweetness, increase or add colours, add flavours, and avoid the deterioration of food. 

The global Food Additives Market was worth around USD 48.63 Billion in 2019 and estimated to be growing at a CAGR of 5.95%, to reach USD 62.12 Billion by 2024.

Recent developments

  • In August 2017: Tate & Lyle company launched their new product CLARIA, instant functional, clean label starches with two new starch products CLARIA Instant 340 and 360, which claims to have no compromise with taste, texture, and colour.

Market Drivers and Restrains

The rising consumption of packaged foods, development of the food and beverage industry and growing demand for a healthy diet are the significant aspects fuelling the global food additives market.

Many factors hamper the steady development of food additives. Reasons such as stringent regulations for ensuring food quality, high inflation, varying food habits, and health-related may reduce the predictions of the global market to an extent.

Moreover, the high price of some food additives compared to other synthetic food is also a significant factor hampering their uptake.

To know more read https://www.marketdataforecast.com/market-reports/global-food-additives-market

Report is segmented as

By Type

  • Acidulants
  • Anti-caking Agents
  • Colours
  • Emulsifiers
  • Enzymes
  • Flavours
  • Hydrocolloids
  • Preservatives
  • Sweeteners

By Source

  • Natural
  • Synthetic

 Geographical Segmentation:

Based on geography, the world market is analysed under many countries such as North America, Europe, Asia-Pacific and the Rest of the World. North America is highest regional market and will continue this trend in the forecast period.

Key market players:

  • Tate & Lyle PLC
  • Ajinomoto Co., Inc
  • Cargill, Incorporated
  • BASF SE
  • Alpha Ingredients Srl
  • Novozymes A/S
  • I. du Pont de Nemours and Company
  • Hansen Holding A/S
  • Kerry Group
  • Archer Daniels Midland Company
  • Ingredion Incorporated

View sample and decide:  https://www.marketdataforecast.com/market-reports/global-food-additives-market/request-sample

Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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shanigaram karthik

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shanigaram karthik
Joined: June 19th, 2019
Articles Posted: 71

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