Global Food Additives Market to be Valued Close to $56 Billion by 2024
by sarajames · October 30 DJ Moore Jersey , 2018
30 October 2018 –
The global聽Food Additives Market聽is anticipated to reach USD 56 billion by 2024. Rapid growth in the food & beverage industry in the Middle East and BRICS (Brazil, Russia, India, China, and South Africa)-as a result of growing domestic consumption and rising foreign direct investments-is projected to augment the market growth. Increasing awareness about different types of tastes is also likely to act as an important growth driving factor. In addition Curtis Samuel Jersey , manufacturers are increasing their production capacities due to rising demands for packaged foods including ready-to-eat products, frozen meals etc. which will eventually therefore augment the market growth. The global market is categorized as products and regions.
The product sector comprises flavors & enhancers (natural, artificial), enzymes, sweeteners (high intensity Devin Funchess Jersey , HFCS), emulsifiers (mono, lecithin, di-glycerides, sorbitan esters Shaq Thompson Jersey , stearoyl lactylates), fat replacers (protein, starch), and shelf-life stabilizers. The enzymes sector is estimated to remain the fastest-growing sector, with a CAGR of over 6聽% from 2016 to 2024. Flavors & enhancers dominated the application sector in 2016 accounting for 30聽% of the total market revenue. The natural flavors sector is likely to grow at a healthy CAGR of over 6聽% from 2016 to 2024.
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Sweeteners are mainly used in formulating F&B products. Moreover James Bradberry Jersey , growing health concerns such as tooth decay, diabetes, etc. and rising importance of low-cal food products are anticipated to augment the demands for sugar substitutes such as High Fructose Corn Syrup (HFCS) and High-Intensity Sugars (HIS). The sector is projected to grow at a CAGR of over 5聽% during the estimated years.
The Europe food additives market held over 30聽% of the overall share in 2016 due to growing significance of functional ingredients to integrate properties such as flavor, shelf life-extension, and emulsification. The Asia-Pacific region accounted for 27聽% in 2015 and is anticipated to experience considerable gains over the next few years. The Indian market is likely to grow at a decent CAGR of over 5聽% during the forecast period. The Middle East is said to be the high-potential market on account of rising domestic consumption along with the favorable support to attract fresh investments.
The major companies in the food additives market include BASF SE; E. I. du Pont de Nemours and Company; Eastman Chemical Company; and Cargill Inc.
Browse Related Category Reports @ Director Han Yan(left) Taylor Moton Jersey , lead actress Bai Baihe (left second) and other two stars pose for the upcoming movie. [Photo provided to chinadaily]
A Chinese movie — Go Away Mr. Tumor — after a book by the same name, is scheduled for release on the mainland on Aug 13.
The book is a comical take on its late author Xiong Dun's fight against cancer, with many reviewers calling the book, "inspiring and heart-warming".
Rising Chinese actress Bai Baihe plays the protagonist in the movie, of which Chinese-American actor Daniel Wu is also part of the cast.
The book Greg Olsen Jersey , read in parts about 10.8 million times on China's popular online forum Tianya, was published in September 2012. That year, Xiong, who suffered from lymph cancer died on Nov 16.
"Xiong was very glad and excited to see her personal experience adapted into a movie," director Han Yan told a media conference over the weekend.
But she passed away a few days before the shooting began Kawann Short Jersey , he added.
"It's my first time to play a role that’s based on a real-life story. Xiong examines the meaning of life and love," Bai said at the same event.
According to the movie's producers, a play and a TV series, both based on the book, will follow.
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