Product Code: ETC4546885 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India food additives market import shipment experienced a moderate growth trend with a CAGR of 4.4% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024. The market expansion slowed down towards the end of the period, indicating a potential stabilization in the market.
India food additives market is witnessing remarkable growth, driven by the increasing demand for processed and packaged foods. Food additives such as preservatives, colorants, and flavor enhancers are essential to maintain product quality and safety while meeting consumer expectations for taste and appearance.
The food additives market in India is experiencing continuous growth due to the expanding food and beverage industry and the demand for processed and convenience foods. Food additives such as preservatives, antioxidants, and flavor enhancers are essential for maintaining the quality and safety of food products. The market is driven by changing consumer lifestyles, busy schedules, and urbanization. It also benefits from the increasing awareness of food safety and the need for extended shelf life, making food additives crucial for manufacturers.
Key challenges include staying updated with changing regulations and consumer concerns about artificial additives, and the need to develop safe and effective alternatives to meet various food processing needs.
The COVID-19 pandemic had a mixed impact on the food additives market in India. While there was an initial disruption in the supply chain due to lockdowns and transportation challenges, the demand for certain food additives, such as preservatives and stabilizers, saw an increase as consumers stocked up on packaged and processed foods. However, the food industry had to adapt to changing consumer preferences and a focus on healthier, natural ingredients.
Key players in the India Food Additives market include Kerry Group, Corbion, Givaudan, and Sensient Technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Food Additives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Food Additives Market Revenues & Volume, 2021 & 2031F |
3.3 India Food Additives Market - Industry Life Cycle |
3.4 India Food Additives Market - Porter's Five Forces |
3.5 India Food Additives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Food Additives Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 India Food Additives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Food Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for processed and convenience foods in India |
4.2.2 Growth in the food and beverage industry in India |
4.2.3 Rising disposable incomes and changing lifestyles leading to higher consumption of packaged foods |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for food additives in India |
4.3.2 Concerns regarding the health and safety of certain food additives |
4.3.3 Fluctuating raw material prices impacting production costs |
5 India Food Additives Market Trends |
6 India Food Additives Market, By Types |
6.1 India Food Additives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Food Additives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Food Additives Market Revenues & Volume, By Acidulants, 2021-2031F |
6.1.4 India Food Additives Market Revenues & Volume, By Colors, 2021-2031F |
6.1.5 India Food Additives Market Revenues & Volume, By Emulsifiers, 2021-2031F |
6.1.6 India Food Additives Market Revenues & Volume, By Flavors, 2021-2031F |
6.1.7 India Food Additives Market Revenues & Volume, By Hydrocolloids, 2021-2031F |
6.1.8 India Food Additives Market Revenues & Volume, By Preservatives, 2021-2031F |
6.2 India Food Additives Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 India Food Additives Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 India Food Additives Market Revenues & Volume, By Synthetic, 2021-2031F |
6.3 India Food Additives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Food Additives Market Revenues & Volume, By Bakery & Confectionery, 2021-2031F |
6.3.3 India Food Additives Market Revenues & Volume, By Beverages, 2021-2031F |
6.3.4 India Food Additives Market Revenues & Volume, By Dairy & Frozen Desserts, 2021-2031F |
7 India Food Additives Market Import-Export Trade Statistics |
7.1 India Food Additives Market Export to Major Countries |
7.2 India Food Additives Market Imports from Major Countries |
8 India Food Additives Market Key Performance Indicators |
8.1 Consumer awareness and acceptance of food additives |
8.2 Adoption rate of new food additive technologies in the market |
8.3 Regulatory compliance and approval rate of food additives |
8.4 Investment in research and development for innovative food additive solutions |
8.5 Market penetration of food additives in different food categories |
9 India Food Additives Market - Opportunity Assessment |
9.1 India Food Additives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Food Additives Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 India Food Additives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Food Additives Market - Competitive Landscape |
10.1 India Food Additives Market Revenue Share, By Companies, 2024 |
10.2 India Food Additives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |