Report Description
The Canada Food Additives Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGRof 3.6% during the forecast period, 2023 – 2031. The growth of the market is attributed to the widespread use of additives in the food and beverage industry for a variety of purposes, including preservatives, flavor enhancers, emulsifiers, sweeteners, colorants, and more.
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
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Growing population and increasing demand for food are expected to propel the market during the forecast period.
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Rising concerns about food safety due to contamination and rising health concerns are key factors fueling the market.
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Health risks and adverse effects connected with synthetic food additives are estimated to restrict the market growth.
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Stringent government laws act as major challenge that can hinder the market expansion in the coming years.
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R&D investment and technological advancement is anticipated to create lucrative opportunities for the market players.
Scope of Food Additives Market Report
The report on the Canada 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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Canada Food Additives Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016
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Forecast Period
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2023–2031
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Segmentation
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Type (Preservatives, Sweeteners & Sugar Substitutes, Emulsifiers, Enzymes, Hydrocolloids, Food Flavors & Colorants, Others) and Application (Bakery, Confectionery, Dairy, Beverages, Meat, Poultry & Sea Foods, and Others)
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Geographical Scope
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Canada
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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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Brenntag Canada; Cargill Incorporated; JG Group Stevia Canada; DuPont de Nemours Inc.; NOW Health Group Inc.; Jungbunzlauer Suisse AG; and Ingredion Incorporated
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Food Additives Market Segment Insights
The sweeteners & sugar substitutes segment is projected to hold a major market share
Based on type, the Canada food additives market is divided into preservatives, sweeteners & sugar substitutes, emulsifiers, enzymes, hydrocolloids, food flavors & colorants, and others. The sweeteners & sugar substitutes 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 segment is expected to grow at a rapid pace
On the basis of application, the Canada food additives market is segregated into bakery, confectionery, dairy, beverages, meat, poultry & sea foods, and others. The bakery segment is expected to represent a key share of the market during the forecast period. Canada'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. Moreover, a growth in the number of shops, retail channels, and formats is increasing consumer access to processed and convenience foods, leading in an eventual increase in demand for food additives in the Canadian food and beverage industry.
Segments
The Canada food additives market has been segmented on the basis of
Type
- Preservatives
- Sweeteners & Sugar Substitutes
- Emulsifiers
- Enzymes
- Hydrocolloids
- Food Flavors & Colorants
- Others
Application
- Bakery
- Confectionery
- Dairy
- Beverages
- Meat
- Poultry & Sea Foods
- Others
Key Players
Competitive Landscape
Key players competing in the Canada food additives market include Brenntag Canada, Cargill Incorporated, JG Group Stevia Canada, DuPont de Nemours Inc., NOW Health Group Inc., Jungbunzlauer Suisse AG, and Ingredion Incorporated.
Some of these players are using several market strategies such as 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
5.3.2.
Sweeteners & Sugar Substitutes
5.3.3.
Emulsifiers
5.3.4.
Enzymes
5.3.5.
Hydrocolloids
5.3.6.
Food Flavors & Colorants
5.3.7.
Others
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. Bakery
6.3.2.
Confectionery
6.3.3.
Dairy
6.3.4.
Beverages
6.3.5.
Meat
6.3.6.
Poultry & Sea Foods
6.3.7.
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
8.4.2.
Sweeteners & Sugar Substitutes
8.4.3.
Emulsifiers
8.4.4.
Enzymes
8.4.5.
Hydrocolloids
8.4.6.
Food Flavors & Colorants
8.4.7.
Others
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. Bakery
8.7.2.
Confectionery
8.7.3.
Dairy
8.7.4.
Beverages
8.7.5.
Meat
8.7.6.
Poultry & Sea Foods
8.7.7.
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
9.4.2.
Sweeteners & Sugar Substitutes
9.4.3.
Emulsifiers
9.4.4.
Enzymes
9.4.5.
Hydrocolloids
9.4.6.
Food Flavors & Colorants
9.4.7.
Others
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. Bakery
9.7.2.
Confectionery
9.7.3.
Dairy
9.7.4.
Beverages
9.7.5.
Meat
9.7.6.
Poultry & Sea Foods
9.7.7.
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
10.4.2.
Sweeteners & Sugar Substitutes
10.4.3.
Emulsifiers
10.4.4.
Enzymes
10.4.5.
Hydrocolloids
10.4.6.
Food Flavors & Colorants
10.4.7.
Others
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. Bakery
10.7.2.
Confectionery
10.7.3.
Dairy
10.7.4.
Beverages
10.7.5.
Meat
10.7.6.
Poultry & Sea Foods
10.7.7.
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
11.4.2.
Sweeteners & Sugar Substitutes
11.4.3.
Emulsifiers
11.4.4.
Enzymes
11.4.5.
Hydrocolloids
11.4.6.
Food Flavors & Colorants
11.4.7.
Others
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. Bakery
11.7.2.
Confectionery
11.7.3.
Dairy
11.7.4.
Beverages
11.7.5.
Meat
11.7.6.
Poultry & Sea Foods
11.7.7.
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
12.4.2.
Sweeteners & Sugar Substitutes
12.4.3.
Emulsifiers
12.4.4.
Enzymes
12.4.5.
Hydrocolloids
12.4.6.
Food Flavors & Colorants
12.4.7.
Others
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. Bakery
12.7.2.
Confectionery
12.7.3.
Dairy
12.7.4.
Beverages
12.7.5.
Meat
12.7.6.
Poultry & Sea Foods
12.7.7.
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. Brenntag Canada
13.4.2.
Cargill Incorporated
13.4.3.
JG Group Stevia Canada
13.4.4.
DuPont de Nemours Inc.
13.4.5.
NOW Health Group Inc.
13.4.6.
Jungbunzlauer Suisse AG
13.4.7.
Ingredion Incorporated