Market Research Future (MRFR) has published a cooked research report on the “Global Natural Additives Market” that contains information from 2018 to 2032. The Natural Additives market is estimated to register a CAGR of 7.30% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Natural Additives market— 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.
Natural Additives Market Highlights
The global Natural Additives market is accounted to register a CAGR of 7.30% during the forecast period and is estimated to reach USD 4.14 billion by 2032.
Consumers are increasingly aware of the profound impact of diet on their health and overall well-being, motivating them to scrutinize product labels and seek more transparent ingredient lists. This demand is propelling food manufacturers to reformulate their products, replacing synthetic additives with natural alternatives to align with the preferences of health-conscious consumers, thereby spurring the expansion of the natural additives market.
Segment Analysis
The global Natural Additives market has been segmented based type, end and origin
On the basis of type, the market is segmented into Organic and Conventional. The organic segment was attributed to holding the largest market share in 2022 due to their alignment with consumer’s preference for clean, transparent and health-conscious products.
Based on end use, the global Natural Additives market has been segmented into Food & Beverage, Dairy & Confectionery, Bakery & Frozen, and Sauces & Dressings. The food & beverage segment was expected to hold the largest market share in 2022 due to the widespread consumer preference for clean-label and healthier food products.
Based on origin, the global Natural Additives market has been segmented into Plants, Animals and Insects. The plants segment was expected to hold the largest market share in 2022 as it is broadly used in food and beverage industry.
Regional Analysis
The global Natural Additives market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Natural Additives market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Natural Additives market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Natural Additives market comprises of Middle East, Africa, and Latin America.
The largest market share for Natural Additives was maintained by the North American regional sector. This increase is attributed to the region's well-established food and beverage industry, which is continually adapting to meet the demands of health-conscious consumers. The focus on cleaner and healthier food products has led to a surge in the use of natural additives, as manufacturers respond to changing preferences for transparent ingredient lists. Regulatory support for natural additives, combined with consumer awareness and the desire for more nutritious and sustainable options, further propels the growth of the natural additives market in North America.
Moreover, the Europe market has been persistently growing over the forecast period. The demand for Natural Additives is driven by strict regulatory standards and consumer demand for clean-label and healthier food options, prompting food manufacturers to rely on natural additives to meet these standards and cater to the growing preference for transparent and nutritionally superior ingredient lists in the region.
Additionally, the market for natural additives in the Asia Pacific region is primarily driven by the region's growing population and the increasing awareness of the importance of healthy eating and clean-label food products. As consumers in Asia Pacific adopt more health-conscious dietary choices and seek safer and more natural ingredients in their food, the demand for natural additives has surged, fostering a dynamic market for these clean and healthy food solutions.
Furthermore, the rest of the world's Natural Additives market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's growing consumer interest in healthier food options and cleaner ingredient labels, as well as a gradual shift towards more sustainable and natural food production practices.
Key Findings of the Study
- The global Natural Additives market is expected to reach USD 4.14 billion by 2032, at a CAGR of 7.30% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the increasing region's growing population and the increasing awareness of the importance of healthy eating and clean-label food products.
- Based on origin, the plants segment was attributed to holding the largest market in 2022, with an approximate market share of 45–70%.
- 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.
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Companies Covered | 15 |
Pages | 128 |
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