Asia Pacific 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

The Asia Pacific Food Additives Market would witness market growth of 5.6% CAGR during the forecast period (2021-2027).

The need to improve food and beverage taste, mouthfeel, texture, and overall appearance would drive demand for food additives. Because of shifting population dietary trends, packaged food and beverage consumption is increasing over the region. This is predicted to contribute to the rising demand for food additives used to increase the quality and nutritional content of processed foods. Sugar, fat, and overall calorie content in foods and beverages are being reduced by food and beverage firms. Regulatory approvals for low-calorie sweeteners and fat replacers would pave the way for the production of low-sugar, low-fat foods, and beverages.

To avoid contamination and preservation, raw materials utilized in the manufacturing process are obtained from either natural sources such as plants or chemically generated. Soybean, sunflower, rapeseed, palm oil, glycerol, and sugarcane are among the key raw materials utilized in the manufacturing process. The market growth, however, may be hampered by shifting raw material prices. To meet the rising demand from the food and beverage industries, companies are increasingly collaborating and forming joint ventures.

The regional market is observing a rise in demand for processed foods. In addition, India is the world's largest producer of milk, and the demand for flavored milk, recombined milk, and other products necessitate the use of food additives such as food colors in the business. For example, emulsifiers are widely utilized in the ice cream industry, particularly E4701, which aids in viscosity, stability, and fat reduction and is found in brands such as Amul ice cream.

Clean label ingredients with label claims such as 100 percent natural, non-GMO, and others are in high demand in China. Cargill Inc., AIPU Food Industry Co. Ltd., BASF SE, and other companies are pursuing various tactics to improve their market position. The Malaysian Ministry of Health approved SweeGen's zero-calorie Bestevia sweeteners, Rebaudioside D, E, and M, for use in food and beverage goods in May 2021.

The China market dominated the Asia Pacific Food Additives Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $13,767.3 million by 2027. The Japan market is poised to grow at a CAGR of 4.9% during (2021 - 2027). Additionally, The India market would display a CAGR of 6.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Food Additives Market is Projected to reach USD 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

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

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 Asia Pacific Food Additives Market, by Source
1.4.2 Asia Pacific Food Additives Market, by Product
1.4.3 Asia Pacific Food Additives Market, by Application
1.4.4 Asia Pacific 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. Asia Pacific Food Additives Market by Source
4.1 Asia Pacific Natural Market by Country
4.2 Asia Pacific Synthetic Market by Country

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

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

Chapter 7. Asia Pacific Food Additives Market by Country
7.1 China Food Additives Market
7.1.1 China Food Additives Market by Source
7.1.2 China Food Additives Market by Product
7.1.3 China Food Additives Market by Application
7.2 Japan Food Additives Market
7.2.1 Japan Food Additives Market by Source
7.2.2 Japan Food Additives Market by Product
7.2.3 Japan Food Additives Market by Application
7.3 India Food Additives Market
7.3.1 India Food Additives Market by Source
7.3.2 India Food Additives Market by Product
7.3.3 India Food Additives Market by Application
7.4 South Korea Food Additives Market
7.4.1 South Korea Food Additives Market by Source
7.4.2 South Korea Food Additives Market by Product
7.4.3 South Korea Food Additives Market by Application
7.5 Singapore Food Additives Market
7.5.1 Singapore Food Additives Market by Source
7.5.2 Singapore Food Additives Market by Product
7.5.3 Singapore Food Additives Market by Application
7.6 Malaysia Food Additives Market
7.6.1 Malaysia Food Additives Market by Source
7.6.2 Malaysia Food Additives Market by Product
7.6.3 Malaysia Food Additives Market by Application
7.7 Rest of Asia Pacific Food Additives Market
7.7.1 Rest of Asia Pacific Food Additives Market by Source
7.7.2 Rest of Asia Pacific Food Additives Market by Product
7.7.3 Rest of Asia Pacific 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 Asia Pacific Food Additives Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Natural Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Natural Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Synthetic Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Synthetic Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Sweeteners Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Sweeteners Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Flavors & Enhancers Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Flavors & Enhancers Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Emulsifiers & Shelf-life Stabilizers Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Emulsifiers & Shelf-life Stabilizers Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Enzymes Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Enzymes Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Fat Replacers Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Fat Replacers Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Prebiotics & Probiotics Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Prebiotics & Probiotics Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Dietary Fibers Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Dietary Fibers Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Bakery & confectionery Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Bakery & confectionery Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Beverages Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Beverages Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Convenience Foods Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Convenience Foods Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Dairy & Frozen Desserts Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Dairy & Frozen Desserts Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Spices, Condiments, Sauces & Dressings Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Spices, Condiments, Sauces & Dressings Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Food Additives Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Food Additives Market by Country, 2021 - 2027, USD Million
TABLE 47 China Food Additives Market, 2017 - 2020, USD Million
TABLE 48 China Food Additives Market, 2021 - 2027, USD Million
TABLE 49 China Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 50 China Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 51 China Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 52 China Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 53 China Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 54 China Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 55 Japan Food Additives Market, 2017 - 2020, USD Million
TABLE 56 Japan Food Additives Market, 2021 - 2027, USD Million
TABLE 57 Japan Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 58 Japan Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 59 Japan Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 60 Japan Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 61 Japan Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 62 Japan Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 63 India Food Additives Market, 2017 - 2020, USD Million
TABLE 64 India Food Additives Market, 2021 - 2027, USD Million
TABLE 65 India Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 66 India Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 67 India Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 68 India Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 69 India Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 70 India Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 71 South Korea Food Additives Market, 2017 - 2020, USD Million
TABLE 72 South Korea Food Additives Market, 2021 - 2027, USD Million
TABLE 73 South Korea Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 74 South Korea Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 75 South Korea Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 76 South Korea Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 77 South Korea Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 78 South Korea Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 79 Singapore Food Additives Market, 2017 - 2020, USD Million
TABLE 80 Singapore Food Additives Market, 2021 - 2027, USD Million
TABLE 81 Singapore Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 82 Singapore Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 83 Singapore Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 84 Singapore Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 85 Singapore Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 86 Singapore Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 87 Malaysia Food Additives Market, 2017 - 2020, USD Million
TABLE 88 Malaysia Food Additives Market, 2021 - 2027, USD Million
TABLE 89 Malaysia Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 90 Malaysia Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 91 Malaysia Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 92 Malaysia Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 93 Malaysia Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 94 Malaysia Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 95 Rest of Asia Pacific Food Additives Market, 2017 - 2020, USD Million
TABLE 96 Rest of Asia Pacific Food Additives Market, 2021 - 2027, USD Million
TABLE 97 Rest of Asia Pacific Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 98 Rest of Asia Pacific Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 99 Rest of Asia Pacific Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 100 Rest of Asia Pacific Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 101 Rest of Asia Pacific Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 102 Rest of Asia Pacific 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