FDBusiness.com

Mixed Outlook For Global Additives Market

 Breaking News
  • Agrial Continues Strategic Expansion With German Dairy Acquisition Agrial, the French farming and food co-operative, is continuing its quest to create value for its dairy farmer members by acquiring German company Rotkappchen Peter Julich Group, a specialist in cow’s and goat’s milk cheeses. The acquisition of Rotkappchen Peter Julich Group, which owns three famous brands in Germany, furthers the growth strategy of Eurial, [...]...
  • €191 Million to Promote EU Agri-food Products at Home and Abroad The European Commission has adopted the 2019 promotion policy work programme, with €191.6million to be made available for programmes selected for EU co-financing – an increase of €12.5 million compared with 2018. €89 million will be allocated to campaigns in high growth countries such as Canada, China, Colombia, Japan, Korea, Mexico, and the United States. Some [...]...
  • Müller Removes Sugar With New Yogurt Culture Müller Corner, one of Britain’s best loved yogurt ranges, is set to reduce sugar by up to 9% and gain a creamier texture, thanks to the discovery of a new yogurt culture. Following a rigorous research and development process which involved access to more than 13,000 strains, Müller discovered that the combination of two specific yogurt [...]...
  • Mintel Launches Purchase Intelligence in the UK Mintel, the world’s leading market intelligence agency, has launched Mintel Purchase Intelligence, the newest innovation in product comparison technology, providing rapid, reliable consumer opinion on every reported new food and drink product in the UK*. Every day, Mintel benchmarks consumer reactions to new product launches so manufacturers, companies and brands can immediately understand and analyse what is [...]...
  • Discovery, Plant-Based and Alternatives Lead the Top Ten Trends For 2019 Targeting increasingly adventurous consumers, set on new discoveries and experiences, will be key to developments in the food and beverage industry in 2019. The connected world has led consumers of all ages to become more knowledgeable of other cultures, contributing to 35 percent growth of “discovery” claims, when comparing 2017 and 2016 new product launch [...]...

Mixed Outlook For Global Additives Market

Mixed Outlook For Global Additives Market
September 21
09:53 2011

Global sales of food and drink additives reached $27.4 billion in 2010, according to Leatherhead Food Research’s new report ‘The Global Food Additives Market’. Although the market as a whole grew by more than 4% per year, growth rates varied widely between sectors.

 

The best performing sectors include enzymes, acidulants and hydrocolloids, although much of this growth can be attributed to increasing world prices as increased raw material and energy costs feed through the system. At the other end of the scale some of the lowest growth rates have been experienced by the preservatives and sweeteners sectors, which have suffered in the move away from using artificial additives and ingredients.

 

Growing demand for low fat, salt and sugar products as well as functional health benefit products, is driving demand for a host of additives including emulsifiers, hydrocolloids, sweeteners, vitamins and minerals, soya ingredients, omega-3 fatty acids, probiotics, prebiotics and plant stanol esters. Growing consumer demand for ‘natural’ food and drink products is putting growing pressure on additive suppliers to develop ingredients from natural sources. This is a particularly significant feature of the flavours and colours categories, where natural products are rapidly gaining share over synthetics.

 

The global additives market has not been immune to the effects of the global economic downturn. However, waning consumer demand in developed economies such as North America and Europe has been offset by economic resilience and rising consumption levels in other parts of the world such as Asia-Pacific and Latin America. Nevertheless, as the economic recovery struggles to take off, a period of relatively modest growth is forecast for the world food additives market over the next few years.

 

Some of the better-performing sectors are likely to include natural flavours and colours, food hydrocolloids, enzymes and some of the functional food ingredients. However, much of the future growth in demand for food additives will be heavily influenced by factors such as the global economic situation and the resulting impact upon consumption levels, the regulatory environment and what is taking place within the global food and drinks industry.

 

The trend towards natural and/or additive-free food and drinks is expected to continue in the short-term, largely due to increasing consumer concern over artificial ingredients. For similar reasons, demand for food and drinks positioned on some form of health and wellness platform is expected to remain fairly high. Visit www.leatherheadfood.com/global-food-additives for more details.

 

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • November 21, 2018expoSE European Asparagus and Strawberry Fair
  • November 27, 2018Health Ingredients Europe
  • November 28, 2018FOOD & LIFE
  • December 3, 2018P&P 2018
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements