Latin America Food Additives market Competitive Landscape By 2021

Posted by rohan on October 17th, 2017

The Latin America Food Additives market has been estimated at USD 4.05 Billion in 2016 and is projected to reach USD 5.55 Billion by 2021, at a CAGR of 6.50% during the forecast period from 2016 to 2021.  Food additives are basically used for imparting specific desired properties to food products, enhancing food palatability in terms of food appearance & appeal. It helps to improve protection against harmful bacteria and other kinds of microbes to prolong shelf life.

The market for Food Additives in Latin America is mainly driven due to increasing disposable incomes of the burgeoning middle class which is driving the shift towards convenience and processed foods, thus escalating the need for food, thereby need for food additives. But, the market growth can be constrained due to health hazards associated with the consumption of synthetic additives, and growing consumer demand for ‘no additive’  food products.

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Latin America market for Food Additives is segmented based on type, source and application. By type, the market is further sub-segmented into Acidulants, Anti-caking agents, Colors, Emulsifiers, Enzymes, Flavors, Hydrocolloids, Preservatives, Sweeteners. By Source, the market is further sub-segmented into Natural and Synthetic.  By Application, the market is further sub-segmented into Bakery & confectionery, Beverages, Convenience foods, Dairy & frozen desserts, Spices & condiments, sauces & dressings. The flavors segment accounts for the largest market share followed by the sweeteners segment in the market by type. The demand for food additives in beverages accounted for the largest share, while the sauces, dressings, spices, condiments segment is projected to be the fastest-growing segments.

Geographically, Latin America market for Food Additives is segmented into Brazil, Argentina and Mexico. The Food Additives market in the Latin America region is projected to grow with high CAGR, due to growing importance of functional ingredients for incorporating properties such as emulsification, flavor, and extension of shelf life. Government initiatives to promote production output in emerging economies are also creating wide range of opportunities in this region.

Key points from TOC:

• Introduction
• Research Methodology
• Overview
• Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
• Market Segmentation
• Strategic Analysis
• Market Leaders' Analysis
• Competitive Landscape
• Market Outlook and Investment Opportunities

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Scope of the report:

• Global, regional and country-level analysisand forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysisin terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC)in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysisfor analysing the level of competition and business strategy development
• A comprehensive list of key market playersalong with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysislisting 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
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunitiesto provide both individuals and organizations a strong financial foothold in the market

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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 Latin America Food Additives market.

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