Food Additives Market Size, Share, Growth, Trends, and Global Industry Analysis: By Source (Natural, Synthetic), By Type Of Additive (Enzymes, Sweeteners, Emulsifiers, Shelf life Stabilizers, Flavors and Enhancers, Others), By Application (Bakery & Confectionary Additives, Dietary & Milk Additives, Beverage Additives, Diary & Milk Additives, Others), and Region Forecast 2020-2031

Food Additives Market size was valued at US$ 40.1 billion in 2024 and is expected to reach US$ 60.8 billion by 2031, growing at a significant CAGR of 6.1% from 2025-2031. Food additives are the substances that are used to preserve the food, enhance the flavour, enhance the taste, appearance, or other properties. Some of the additives have been used for many years such as salt (used in the meat industry for preservation, preserving food by pickling (with vinegar) and many others. With the emergence of processed food importance of the food additives enormously increased. Different food additives used are food preservatives, antioxidants, thickening agents, colouring agents, stabilizers and flavouring agents. The market is very dynamic and changes with the customer's tastes and preferences. Market players are focusing on the development of new and innovative food additives to increase their markets.

In addition, marketers also collaborate in the manufacturing and marketing of the products to reach the maximum number of customers. Food additives are used to preserve food from hazardous bacteria and microbes while also extending the shelf life of the product. The market for food additives is predicted to develop due to the rising number of new and innovative products on the market from manufacturers. For instance, In June 2016, Archer Daniels Midland Co. and GLG Life Tech Co. entered into a partnership to manufacture, market, sell and distribute low-calorie stevia and monk fruit sweeteners. According to this agreement, CLG will produce, low-calorie sweeteners from Stevia and monk fruit and ADM will be the global marketer and distributor of ingredients to food and beverage companies worldwide.

Key Developments:

• In July 2023, Uruguay's Ministry of Health initiated public consultations regarding the adoption of two MERCOSUR resolutions. These resolutions involve the inclusion of new food additives in specific food categories. The Ministry also opened a public consultation on a MERCOSUR resolution that defines food contaminants. These consultations were open until September 23, 2023.
• In April 2023, Kemin AquaScience™ announced the launch of Pathorol™ for farmed shrimp health in several Asian countries. This phytogenic-based feed additive is designed to reduce the effects of parasitic infection and promote hepatopancreatic health in shrimp
• In March 2023, Volac, a UK-based company, launched a new feed additives division. This initiative reflects the company's commitment to supporting the international feed industry in improving efficiency and achieving Net Zero targets.