India Food Additives Market – Industry analysis and Forecast (2021-2027) by product and by Application.

India Food Additives Market was valued US$ 600Mn in 2020 and is expected to reach US$ 1245.70 Mn by 2027 at a CAGR of 11%.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

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India food additives market is segmented by product, by application. Based on product, Indian food additives market preservatives, sweeteners, hydrocolloids and colorants. Dairy & frozen, bakery, meat products, beverages and confectionery are end user segment of Indian food additives market.

Rising penetration of ready-to-eat food and growing demand for low calorie sweeteners in the country are projected to drive demand for food additives in India. Changing lifestyle and the consumer tendency towards shifting with convenient, processed and packaged products may stimulate market size. Food additives are added in small quantities in various products for improving and maintaining its freshness along with enhancing its flavor, taste, aroma, texture and appearance. Increase changing lifestyle patterns and eating habits of consumers has initiated the high consumption of processed products thereby stimulating the food additives market. Growth in per capita disposable income and rising urban middle class population are among the key market contributors.

Food preservatives are added during food processing to increase stability and avoid spoilage. Numerous variety of preservatives are available which are used during processing. Salts, sugar, and spices are conventional additives used to preserve meat and other food types. Food preservatives prevent growth of microorganisms, thereby inhibiting or delaying the process of spoilage. Coloring agent in food has an important role. Color makes food and its items very attractive and appealing to taste. Strictly follow the guidelines in food laws to ensure the safety and health of the general public.

Confectionery industry in the country exhibits growth at a CAGR of XX%. Rise in sales of chocolates, candies, sugar and other chewing gums and evolving taste palate of consumers is expected to drive consumption of food additives in confectionery segment. Food additives such as flavors and sweeteners are used in beverages. Surging demand for flavors in non-alcoholic beverages such as carbonated drinks, juices and flavored water are further driving the India Food Additives Market.

The key players operating in the India Food Additives Market are Firmenich Aromatics India Private Limited, Zydus Cadila, Danisco, Adani Wilmer Limited, BASF, Cargil, DuPont, Archer Daniels Midland Company, Adani Wilmer, Ajinomoto, Cargill Inc., Tate & Lyle, Stevia First Corporation, Danisco, Adani Wilmer ltd, Novozymes, International Flavors and Fragrances are major players operating in the

The objective of the report is to present a comprehensive analysis of the India Food Additives Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding India Food Additives Market dynamics, structure by analyzing the market segments and project the India Food Additives Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the India Food Additives Market make the report investor’s guide
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India Food Additives Market


Report Coverage
Details


Base Year:
2020
Forecast Period:
2021-2027


Historical Data:
2016 to 2020
Market Size in 2020:
US $ 600 Mn.


Forecast Period 2021 to 2027 CAGR:
 11%
Market Size in 2027:
US $ 1245.70 Mn.


 Segments Covered:
by Product
• Preservatives
• Sweeteners
• Hydrocolloids
• Colorants


by Application
• Dairy & Frozen
• Bakery
• Meat products
• Beverages
• Confectionery


by Distribution Channel
• Retail Stores
• Online Stores



Key Player analysed in India Food Additives Market:
• Firmenich Aromatics India Private Limited
• Zydus Cadila
• Danisco
• Adani Wilmer Limited
• BASF
• Cargil
• DuPont
• Archer Daniels Midland Company
• Ajinomoto
• Tate & Lyle
• Stevia First Corporation
• Novozymes
• International Flavors and Fragrances