Food Additives Market Summary
As per Market Research Future Analysis, the Global Food Additives Market was valued at 50.09 USD Billion in 2023 and is projected to reach 70.0 USD Billion by 2035, growing at a CAGR of 2.83% from 2025 to 2035. The market is driven by rising demand for processed food products, health and wellness trends, and technological advancements in food preservation. Key players are innovating to meet consumer preferences for clean-label and natural ingredients, while regulatory changes are reshaping the market dynamics.
Key Market Trends & Highlights
The Food Additives Market is experiencing significant trends influenced by consumer preferences and regulatory changes.
- Rising demand for processed food products is driving market growth, with the global processed food market valued at approximately 3 trillion USD.
- Health and wellness trends are leading to a shift towards natural and organic food additives, with nearly 70% of individuals globally seeking healthier dietary habits.
- Technological advancements in food preservation are enhancing food safety standards, with innovations like high-pressure processing extending shelf life.
Market Size & Forecast
2023 Market Size | USD 50.09 Billion |
2024 Market Size | USD 51.51 Billion |
2035 Market Size | USD 70.0 Billion |
CAGR (2025-2035) | 2.83% |
Major Players
Key companies include Kerry Group, Naturex, Archer Daniels Midland, Wilmar International, Cargill, Sensient Technologies, Ingredion, Tate and Lyle, Givaudan, DSM, Dow, Aceto, BASF, Frutarom, and Ajinomoto.