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Food Additives Market Size
- Report ID: GMI155
- Published Date: Mar 2023
- Report Format: PDF
Food Additives Market Size
Food Additives Market size valued at USD 100 billion in 2022 and is projected to register 7% CAGR from 2023 to 2032.
Increasing consumer inclination towards clean labeled products will have a positive impact on the industry size. Rising disposable incomes and the rapid penetration of clean food trends across developed and developing economies, particularly across Europe are driving the demand for novel food additives. Moreover, the recent technological breakthroughs and innovations in plant-based food ingredients will complement the industry outlook. The significant rise in the number of clean labeled food manufacturers is offering lucrative scope for new product developments. For instance, in March 2023, InnovoPro, a global leader in chickpea protein, unveiled Cacio e Pepe Plant-Based Cheese Crisps made from its clean-label ingredient, CP-Pro 70® chickpea protein concentrate.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Food Additives Market Size in 2022: | USD 100 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.0% |
| 2032 Value Projection: | USD 200 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 1,200 |
| Tables, Charts & Figures: | 4,097 |
| Segments covered: | Product, Application , and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Food Additives Market Scope
