Attributes of food that can be enhanced for better taste, preservation, and appearance have become the field of interest for food processing market. By carefully influencing the traits of food item, it is being proven that it can offer better taste, can be stored for a longer period, and be more appealing visually. Food additives are added to food products to improve taste, texture, appearance or preserve flavour.
The additives are usually checked for possible harmful effects on human health before they are used. According to a report by Mordor Intelligence, the global food additives market is projected to grow with a CAGR of 6 per cent till 2025. The major factor contributing to its growth is the changing lifestyle and tilting orientation of customer towards convenient, processed and packaged products. The market is driven by the extensive use of additives in food & beverage sector for different functioning, such as preservative, flavor enhancer, emulsifier, sweetener, colorant, and many other functions.
Also, the rising demand for convenience and packaged foods where additives are used in a higher quantity is further fuelling the market growth. The global sweetener market heavily drives the food additive market. This segment includes bulk sweetener and sugar substitute. The demand for several flavoured beverages has been increasing among the consumers, which is anticipated to boost the demand for food additives. Then there are preservatives that are key additives in the manufacturing process of convenience food to increase the shelf-life of the products. The changing palate and preferences of customers are being acknowledged by manufacturers and they are adapting to the change.
After studying this industry segment in-depth, we have come up with the list of Top 10 Food Additive Manufacturers who have excelled in this field with their innovative approach. Having proven their dedication to quality and delivery in order to meet the customer expectations in an end-to-end manner, these companies have stood out from the crowd.
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