Report Description
The Argentina food additives market size is expected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the high demand for a nutritional supplement in Argentina and increasing population
A chemical substance that is added to food during preparation or storage that either becomes a part of the food or modifies its qualities for the aim of obtaining a specific technical effect is referred to as a food additive. Food additives are substances used in food to maintain its nutritional quality, improve its storing quality, make it more appealing, or aid in its manufacturing, packaging, or storage.
Additives keep food fresh and prevent it from spoiling. They prevent bacteria and viruses from growing on food. To assist extend the shelf life of goods, salt and other natural additives are added. As a result, additives aid in the preservation of food quality for a long period of time.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for packaged and prepared foods is projected to boost the market.
- Increased use of additives in beverages and food sector is the major factors fueling the market.
- Rising concerns about food safety due to contamination and rising health concerns are key factors fueling the market.
- High cost of natural food additives is expected to hamper the market growth.
- Stringent government laws act as major challenge that can hinder the market expansion in the coming years.
- R&D investment and development of exotic flavors and high nutritional products is projected to offer lucrative opportunities for the market players.
Scope of the Report
The report on the Argentina food additives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Food Additives Market - Argentina Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Preservatives, Anti-caking Agents, Emulsifiers, Sugar Substitutes, Enzymes, Sweeteners, Food Colorants, Hydrocolloids, Food Flavor & Enhancer, and Acidulants) and Applications (Dairy & Frozen Foods, Bakery & Confectionery, Beverages, Meat Industry, and Others)
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Geography
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Argentina
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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DSM; Tate & Lyle PLC; Archer Daniels Midland (ADM); and Cargill Inc.
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Market Segment Insights
The sugar substitutes segment is projected to represent a major market share
On the basis of types, the Argentina food additives market is segregated into preservatives, anti-caking agents, emulsifiers, sugar substitutes, enzymes, sweeteners, food colorants, hydrocolloids, food flavor & enhancer, and acidulants. The sugar substitute segment is expected to represent a key share of the market during the forecast period.
Many diet foods and beverages employ sweeteners to increase sweetness while reducing calorie content. Bulk sweetener and sugar replacements are included in this category. The bulk sweetener section is the prime, and includes sucrose, fructose, lactose, high fructose corn syrup (HFCS), and others. Consumers' interest in natural sweeteners is growing as health concerns about artificial sweeteners such as aspartame and saccharin grow.
The bakery & confectionery segment is expected to grow at a rapid pace
Based on applications, the market is fragmented into dairy & frozen foods, bakery, confectionery, beverages, meat industry, and others. The bakery & confectionery segment is expected to represent a key share of the market during the forecast period. Argentina’s population has a wide range of likes and inclinations. As a result, manufacturers are always developing and expanding their product variety in order to suit the changing needs of consumers.
Many industrial giants, such as Cadbury Co., Ltd., and Nestlé SA focused on improving its manufacturing capabilities in this region. On the other hand, the meat industry segment is anticipated to expand at a rapid pace during the forecast period due to increasing meat production & consumption, rising demand for protein-rich foods, and growing demand for ready-to-eat food.
In addition, factors such as changing lifestyle, increased disposable income, and population growth are expected to increase the demand for high nutrient value foods which may further increase the demand for food additives during the forecast period.
Segments
Segments Covered in the Report
The Argentina food additives market has been segmented on the basis of
Types
- Preservatives
- Anti-caking Agents
- Emulsifiers
- Sugar Substitutes
- Enzymes, Sweeteners
- Food Colorants
- Hydrocolloids
- Food Flavor & Enhancer
- Acidulants
Applications
- Dairy & Frozen Foods
- Bakery & Confectionery
- Beverages
- Meat Industry
- Others
Key Players
Competitive Landscape
Key players competing in the Argentina food additives market include DSM; Tate & Lyle PLC; Archer Daniels Midland (ADM); and Cargill Inc.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Additives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Additives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Additives Market - Supply Chain
4.5. Global Food Additives Market Forecast
4.5.1. Food Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Additives Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Food Additives Market Absolute $ Opportunity
5. Global Food Additives Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Food Additives Market Size and Volume Forecast by Types
5.3.1. Preservatives
Anti-caking Agents
Emulsifiers
Sugar Substitutes
Enzymes, Sweeteners
Food Colorants
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Additives Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Food Additives Market Size and Volume Forecast by Applications
6.3.1. Dairy & Frozen Foods
Bakery & Confectionery
Beverages
Meat Industry
Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Food Additives Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Food Additives Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Food Additives Demand Share Forecast, 2019-2026
8. North America Food Additives Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Food Additives Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Food Additives Market Size and Volume Forecast by Types
8.4.1. Preservatives
Anti-caking Agents
Emulsifiers
Sugar Substitutes
Enzymes, Sweeteners
Food Colorants
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Food Additives Market Size and Volume Forecast by Applications
8.7.1. Dairy & Frozen Foods
Bakery & Confectionery
Beverages
Meat Industry
Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Food Additives Demand Share Forecast, 2019-2026
9. Latin America Food Additives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Food Additives Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Food Additives Market Size and Volume Forecast by Types
9.4.1. Preservatives
Anti-caking Agents
Emulsifiers
Sugar Substitutes
Enzymes, Sweeteners
Food Colorants
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Food Additives Market Size and Volume Forecast by Applications
9.7.1. Dairy & Frozen Foods
Bakery & Confectionery
Beverages
Meat Industry
Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Food Additives Demand Share Forecast, 2019-2026
10. Europe Food Additives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Food Additives Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Food Additives Market Size and Volume Forecast by Types
10.4.1. Preservatives
Anti-caking Agents
Emulsifiers
Sugar Substitutes
Enzymes, Sweeteners
Food Colorants
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Food Additives Market Size and Volume Forecast by Applications
10.7.1. Dairy & Frozen Foods
Bakery & Confectionery
Beverages
Meat Industry
Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Food Additives Demand Share Forecast, 2019-2026
11. Asia Pacific Food Additives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Food Additives Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Food Additives Market Size and Volume Forecast by Types
11.4.1. Preservatives
Anti-caking Agents
Emulsifiers
Sugar Substitutes
Enzymes, Sweeteners
Food Colorants
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Food Additives Market Size and Volume Forecast by Applications
11.7.1. Dairy & Frozen Foods
Bakery & Confectionery
Beverages
Meat Industry
Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Food Additives Demand Share Forecast, 2019-2026
12. Middle East & Africa Food Additives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Food Additives Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Food Additives Market Size and Volume Forecast by Types
12.4.1. Preservatives
Anti-caking Agents
Emulsifiers
Sugar Substitutes
Enzymes, Sweeteners
Food Colorants
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Food Additives Market Size and Volume Forecast by Applications
12.7.1. Dairy & Frozen Foods
Bakery & Confectionery
Beverages
Meat Industry
Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Food Additives Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Food Additives Market: Market Share Analysis
13.2. Food Additives Distributors and Customers
13.3. Food Additives Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. DSM
Tate & Lyle PLC
Archer Daniels Midland (ADM)
Cargill Inc.