Natural Additives Market Latest Research 2030: Innovation and Technological Advancements in Increasing the Shelf Life

The global natural additives market size was USD 1.80 Billion in 2021 and is expected to register a revenue CAGR of 6.9% over the forecast period, according to the latest report by Reports and Data. Revenue growth of the market is expected to be driven by high demand for clean-label ingredients and additives especially vegan and vegetarian.

Individuals are becoming more concerned about their health, especially generation Z and millennials. A particular demand for fermented foods and beverages has developed as a result of these customers’ willingness to experiment with novel flavors and textures, earning the beverage the moniker ‘new social trendsetter’. Rising consumer demand for transparent, plant-based fermented foods and beverages is also driving revenue growth of the market. Companies are concentrating on Research and development (R&D) efforts, working on new innovations on existing product lines in response to shifting consumer expectations, launching new products, creating collaboration agreements, and merging and acquiring businesses. Demand for natural additives rose rapidly after COVID-19. According to a study, natural colors were used rather than synthetic ones in more than 70%-75% of food and beverage products that were released globally in the first three quarters of 2020. However, strict government regulations and approvals along with probable side effects of natural additives could limit revenue growth of the market.

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Some Key Highlights From the Report

• The organic segment is expected to account for largest revenue share over the forecast period. Factors such as increased nutritional value, lower pesticide residue levels, and higher concentrations of certain flavonoids and antioxidants are driving revenue growth of this segment. According to research, demand for organic foods is growing in the U. S. as more individuals become aware that eating these foods is generally healthier. Sales of organic foods, which presently account for around 5% of all food sales, are expected to rise by 6% yearly.
• The food & beverage segment accounted for significantly rapid revenue CAGR in 2021. Rising demand to improve freshness, safety, flavor, texture, or appearance and consumers’ awareness of the general appearance of the foods and beverages they eat is driving revenue growth of this segment. As per the reports of the U.S. Department of Agriculture (USDA) the price of food and beverages is rising at its fastest rate in 40 years. At-home food products will increase by up to 4% by the end of the year, with several basic products, including poultry and fats and oils expected to increase by up to 7%, according to the Economic Research Service’s March 2022 report.
• The emulsifiers segment is expected to register largest revenue share over the forecast period. Emulsifiers are significantly used as hydrocolloids substitute as thickening agents providing consistent textures to foods. Major companies are also investing more owing to rising demand from the food and beverage sector. For instance, on 10 February 2020, DuPont Nutrition & Biosciences introduced two new emulsifier solutions to assist bakeries fulfil customer demands for more friendly labelling and a less carbon footprint. Such developments and initiatives by global market players is a major factor contributing to revenue growth of this segment.
• The market in Asia Pacific is expected to account for largest revenue share in the global natural additives market over the forecast period. Rising consumer demand for clean-label food and beverages, changing dietary preferences and lifestyles, prevalence of chronic diseases driving individuals to choose healthier food options, and rising consumer awareness of how a healthy diet and eating habits can boost immunity are key factors driving revenue growth of the market. Major companies are working on partnership agreements, and collaborations and also adopting various other initiatives, which is eventually resulting in revenue growth of the market. In addition, businesses are focusing on market expansion as a result of rapid urbanization, population, and shifting preference among consumers toward clean-label food additives and ingredients in the region.
• Companies profiled in the market report are Cargill, Incorporated, ADM, DuPont de Nemours, Inc., Kerry Group plc, Chr. Hansen Holding A/S, BASF SE, Kalsec Inc., Ingredion, DöhlerGroup, and International Flavors & Fragrances Inc. For the purpose of this report, Reports and Data has segmented the global natural additives market based on type, end-use, origin, form, function, and region:

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Market Segmentation:

The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.

Application Outlook (Revenue, USD Billion; 2019-2030)

• Residential
• Commercial

End-use Outlook (Revenue, USD Billion; 2019-2030)

• Building & Construction
• Automotive & Transportation
• Electrical & Electronics
• Others

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Regional Outlook:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Some key Questions of the Natural Additives Market include:

• What factors are expected to drive revenue growth of the Natural Additives market?
• What factors are expected to hinder revenue growth of the Natural Additives market?
• Which was the leading segment in the global Natural Additives market on the basis of Type?
• Which was the leading segment in the global Natural Additives market on the basis of application?
• Which market is expected to account for largest market share in the Natural Additives market?

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