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LAMEA Food Additives Market Size, Share & Industry Trends Analysis Report By Source (Natural and Synthetic), By Product, By Application, By Country and Growth Forecast, 2021 - 2027

Published Date : 30-Apr-2022

Pages: 112

Formats: PDF

The Latin America, Middle East and Africa Food Additives Market would witness market growth of 7.8% CAGR during the forecast period (2021-2027).

Consumers' increasingly hectic lifestyles raise demand for ready-to-eat snacks, convenience, and packaged foods. In addition, rising consumer preference for various types of exotic flavors in foods is increasing the demand for processed food as food additives help to add taste and flavor to food while also increasing the shelf life of food, resulting in rising consumer preference for processed food and thus increasing the growth of the Food Additives Market during the forecasting period.

Foodborne diseases are caused by bacteria and pollutants found in food, and the rising prevalence of these diseases is a major driver driving market growth. According to the World Health Organization, approximately 600 million cases of foodborne disease will occur in 2020, resulting in increased government initiatives to minimize the risk of foodborne disease and, as a result, increased use of food additives

The increasing food processing industry in Central and South America is driving product demand. According to the United States Department of Agriculture, Brazil's food processing industry rose significantly from 2019 to 2020. In addition, developments in food and beverage sales channels, as well as an increase in the number of hypermarkets and supermarkets in the region. In addition, the consumption of high-nutrient meals and beverages with increased visual appeal rises. Moreover, the regional market would witness changes in consumer taste and interest in product quality and nutritional value.

Consumer understanding of different sorts of flavors is also expected to play a key role in the dynamics of the regional market. Because there is no real alternative for food additives, the evolution of the food and beverage industry may have an impact on worldwide market decisions.

The Brazil market dominated the LAMEA Food Additives Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,655.2 million by 2027. The Argentina market is experiencing a CAGR of 8.4% during (2021 - 2027). Additionally, The UAE market would exhibit a CAGR of 7.5% during (2021 - 2027).

Based on Source, the market is segmented into Natural and Synthetic. Based on Product, the market is segmented into Sweeteners, Flavors & Enhancers, Emulsifiers & Shelf-life Stabilizers, Enzymes, Fat Replacers, Prebiotics & Probiotics, Dietary Fibers, and Others. Based on Application, the market is segmented into Bakery & confectionery, Beverages, Convenience Foods, Dairy & Frozen Desserts, Spices, Condiments, Sauces & Dressings, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Food Additives Market is Predict to reach $135.2 Billion by 2027, at a CAGR of 5.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Kerry Group PLC, Novozymes A/S, Archer Daniels Midland Company, International Flavors & Fragrances, Inc., Ingredion, Incorporated, Tate & Lyle PLC, Ajinomoto Co. Inc., Chr. Hansen holding A/S, and Cargill Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Source

  • Natural
  • Synthetic

By Product

  • Sweeteners
  • Flavors & Enhancers
  • Emulsifiers & Shelf-life Stabilizers
  • Enzymes
  • Fat Replacers
  • Prebiotics & Probiotics
  • Dietary Fibers
  • Others

By Application

  • Bakery & confectionery
  • Beverages
  • Convenience Foods
  • Dairy & Frozen Desserts
  • Spices, Condiments, Sauces & Dressings
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • BASF SE
  • Kerry Group PLC
  • Novozymes A/S
  • Archer Daniels Midland Company
  • International Flavors & Fragrances, Inc.
  • Ingredion, Incorporated
  • Tate & Lyle PLC
  • Ajinomoto Co. Inc.
  • Chr. Hansen holding A/S
  • Cargill Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Food Additives Market, by Source
1.4.2 LAMEA Food Additives Market, by Product
1.4.3 LAMEA Food Additives Market, by Application
1.4.4 LAMEA Food Additives Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2017, Oct – 2021, Nov) Leading Players

Chapter 4. LAMEA Food Additives Market by Source
4.1 LAMEA Natural Market by Country
4.2 LAMEA Synthetic Market by Country

Chapter 5. LAMEA Food Additives Market by Product
5.1 LAMEA Sweeteners Market by Country
5.2 LAMEA Flavors & Enhancers Market by Country
5.3 LAMEA Emulsifiers & Shelf-life Stabilizers Market by Country
5.4 LAMEA Enzymes Market by Country
5.5 LAMEA Fat Replacers Market by Country
5.6 LAMEA Prebiotics & Probiotics Market by Country
5.7 LAMEA Dietary Fibers Market by Country
5.8 LAMEA Others Market by Country

Chapter 6. LAMEA Food Additives Market by Application
6.1 LAMEA Bakery & confectionery Market by Country
6.2 LAMEA Beverages Market by Country
6.3 LAMEA Convenience Foods Market by Country
6.4 LAMEA Dairy & Frozen Desserts Market by Country
6.5 LAMEA Spices, Condiments, Sauces & Dressings Market by Country
6.6 LAMEA Others Market by Country

Chapter 7. LAMEA Food Additives Market by Country
7.1 Brazil Food Additives Market
7.1.1 Brazil Food Additives Market by Source
7.1.2 Brazil Food Additives Market by Product
7.1.3 Brazil Food Additives Market by Application
7.2 Argentina Food Additives Market
7.2.1 Argentina Food Additives Market by Source
7.2.2 Argentina Food Additives Market by Product
7.2.3 Argentina Food Additives Market by Application
7.3 UAE Food Additives Market
7.3.1 UAE Food Additives Market by Source
7.3.2 UAE Food Additives Market by Product
7.3.3 UAE Food Additives Market by Application
7.4 Saudi Arabia Food Additives Market
7.4.1 Saudi Arabia Food Additives Market by Source
7.4.2 Saudi Arabia Food Additives Market by Product
7.4.3 Saudi Arabia Food Additives Market by Application
7.5 South Africa Food Additives Market
7.5.1 South Africa Food Additives Market by Source
7.5.2 South Africa Food Additives Market by Product
7.5.3 South Africa Food Additives Market by Application
7.6 Nigeria Food Additives Market
7.6.1 Nigeria Food Additives Market by Source
7.6.2 Nigeria Food Additives Market by Product
7.6.3 Nigeria Food Additives Market by Application
7.7 Rest of LAMEA Food Additives Market
7.7.1 Rest of LAMEA Food Additives Market by Source
7.7.2 Rest of LAMEA Food Additives Market by Product
7.7.3 Rest of LAMEA Food Additives Market by Application

Chapter 8. Company Profiles
8.1 BASF SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations, and Agreements:
8.1.1.2 Acquisition and Mergers:
8.2 Kerry Group PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.3 Novozymes A/S
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Archer Daniels Midland Company
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.5.2 Geographical Expansions:
8.5 International Flavors & Fragrances, Inc. (DuPont Nutrition)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Ingredion, Incorporated
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers:
8.7 Tate & Lyle PLC
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.8 Ajinomoto Co., Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental & Regional Analysis
8.8.4 Research & Development Expenses
8.9 Chr. Hansen Holding A/S
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisitions and Mergers:
8.10. Cargill Corporation
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Acquisition and Mergers:
TABLE 1 LAMEA Food Additives Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Food Additives Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Food Additives Market
TABLE 4 Product Launches And Product Expansions– Food Additives Market
TABLE 5 Acquisition and Mergers– Food Additives Market
TABLE 6 Geographical Expansions – Food Additives Market
TABLE 7 LAMEA Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 8 LAMEA Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 9 LAMEA Natural Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Natural Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Synthetic Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Synthetic Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 14 LAMEA Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 15 LAMEA Sweeteners Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Sweeteners Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Flavors & Enhancers Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Flavors & Enhancers Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Emulsifiers & Shelf-life Stabilizers Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Emulsifiers & Shelf-life Stabilizers Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Enzymes Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Enzymes Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Fat Replacers Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Fat Replacers Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Prebiotics & Probiotics Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Prebiotics & Probiotics Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Dietary Fibers Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Dietary Fibers Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 31 LAMEA Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 32 LAMEA Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 33 LAMEA Bakery & confectionery Market by Country, 2017 - 2020, USD Million
TABLE 34 LAMEA Bakery & confectionery Market by Country, 2021 - 2027, USD Million
TABLE 35 LAMEA Beverages Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Beverages Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Convenience Foods Market by Country, 2017 - 2020, USD Million
TABLE 38 LAMEA Convenience Foods Market by Country, 2021 - 2027, USD Million
TABLE 39 LAMEA Dairy & Frozen Desserts Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA Dairy & Frozen Desserts Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Spices, Condiments, Sauces & Dressings Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Spices, Condiments, Sauces & Dressings Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 44 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 45 LAMEA Food Additives Market by Country, 2017 - 2020, USD Million
TABLE 46 LAMEA Food Additives Market by Country, 2021 - 2027, USD Million
TABLE 47 Brazil Food Additives Market, 2017 - 2020, USD Million
TABLE 48 Brazil Food Additives Market, 2021 - 2027, USD Million
TABLE 49 Brazil Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 50 Brazil Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 51 Brazil Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 52 Brazil Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 53 Brazil Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 54 Brazil Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 55 Argentina Food Additives Market, 2017 - 2020, USD Million
TABLE 56 Argentina Food Additives Market, 2021 - 2027, USD Million
TABLE 57 Argentina Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 58 Argentina Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 59 Argentina Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 60 Argentina Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 61 Argentina Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 62 Argentina Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 63 UAE Food Additives Market, 2017 - 2020, USD Million
TABLE 64 UAE Food Additives Market, 2021 - 2027, USD Million
TABLE 65 UAE Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 66 UAE Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 67 UAE Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 68 UAE Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 69 UAE Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 70 UAE Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 71 Saudi Arabia Food Additives Market, 2017 - 2020, USD Million
TABLE 72 Saudi Arabia Food Additives Market, 2021 - 2027, USD Million
TABLE 73 Saudi Arabia Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 74 Saudi Arabia Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 75 Saudi Arabia Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 76 Saudi Arabia Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 77 Saudi Arabia Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 78 Saudi Arabia Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 79 South Africa Food Additives Market, 2017 - 2020, USD Million
TABLE 80 South Africa Food Additives Market, 2021 - 2027, USD Million
TABLE 81 South Africa Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 82 South Africa Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 83 South Africa Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 84 South Africa Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 85 South Africa Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 86 South Africa Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 87 Nigeria Food Additives Market, 2017 - 2020, USD Million
TABLE 88 Nigeria Food Additives Market, 2021 - 2027, USD Million
TABLE 89 Nigeria Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 90 Nigeria Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 91 Nigeria Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 92 Nigeria Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 93 Nigeria Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 94 Nigeria Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 95 Rest of LAMEA Food Additives Market, 2017 - 2020, USD Million
TABLE 96 Rest of LAMEA Food Additives Market, 2021 - 2027, USD Million
TABLE 97 Rest of LAMEA Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 98 Rest of LAMEA Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 99 Rest of LAMEA Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 100 Rest of LAMEA Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 101 Rest of LAMEA Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 102 Rest of LAMEA Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 103 Key Information – BASF SE
TABLE 104 Key Information – Kerry Group PLC
TABLE 105 key Information – Novozymes A/S
TABLE 106 key Information – Archer Daniels Midland Company
TABLE 107 key Information – International Flavors & Fragrances, Inc.
TABLE 108 Key Information – Ingredion, Incorporated
TABLE 109 Key Information – Tate & Lyle PLC
TABLE 110 Key information – Ajinomoto Co., Inc.
TABLE 111 Key Information – Chr. Hansen Holding A/S
TABLE 112 Key Information – Cargill Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2017, Oct – 2021, Nov) Leading Players
FIG 5 Recent strategies and developments: BASF SE
FIG 6 Recent strategies and developments: Novozymes A/S
FIG 7 Recent strategies and developments: Archer Daniels Midland Company
FIG 8 Recent strategies and developments: Ingredion, Incorporated
FIG 9 Recent strategies and developments: Tate & Lyle PLC
FIG 10 Recent strategies and developments: Cargill Corporation

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