GITNUX MARKETDATA REPORT 2024
Food Additives Industry Statistics
The Food Additives Industry is expected to experience steady growth driven by increasing demand for processed and convenience foods coupled with technological advancements in the sector.
In this post, we will explore key statistics and trends in the food additives industry, shedding light on the market’s growth trajectory and revenue dynamics. From the global market size to regional insights and segment developments, these statistics offer a comprehensive overview of the evolving landscape within the food additives sector.
Statistic 1
"The global food additives market size was worth $45.0 billion in 2020."
Statistic 2
"The food additives industry is expected to reach USD 73.3 billion by 2028, growing at a CAGR of 6.5%."
Statistic 3
"The acidulant segment accounted for 19.0% of the total revenue share in 2020."
Statistic 4
"In 2019, North America held the largest revenue share (33.2%) in the global food additives industry."
Statistic 5
"Sodium reduction ingredients in food additives reached a market value of approximately $450.1 million in 2015."
Statistic 6
"By 2024, the antioxidant food additives market will see a 4.5% revenue growth."
Statistic 7
"Europe food additives market is expected to grow by 2.0% by 2025."
Statistic 8
"In China, the food additives industry is estimated to register a 5.6% growth by 2025."
Statistic 9
"The Food Colors segment held a market share of 24% in the food additive industry in 2018."
Statistic 10
"By 2023, the natural food additives market is projected to reach around $10.1 billion."
Statistic 11
"By 2025, the Asia Pacific food additives market is expected to witness the highest CAGR of 5.0%."
Statistic 12
"The food enzymes segment in the food additives industry is projected to register a 8.9% CAGR by 2025."
Statistic 13
"Colorants represented a 24.8% share in the United States food additives market in 2019."
Statistic 14
"In 2018, the food preservative additives market generated a revenue of USD 3.25 billion globally."
Statistic 15
"The carrageenan-based food additives market is expected to reach $1.3 billion by 2027."
Statistic 16
"The food additive emulsifiers market is forecasted to register a growth rate of 5.1% during 2020-2025."
Statistic 17
"In 2019, the food flavors market size was $13.56 billion, led by the growth in the food additives industry."
Jannik Lindner
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