Foods Additives In The Future



If you thought 2017 was a turbulent year, 2018 is likely to herald further food sector shake-ups. From the growing influence of disruptive start-ups to rising concern over big-picture issues such as food security and non-communicable diseases, companies that adopt business-as-usual approaches will come under pressure. Start-up self-startersAccording to Pinar Hosafci, head of packaged food at Euromonitor International, smaller local players, and start-up business are likely to set the pace of innovation over the next 12 months – stealing share from established brands in the process.“2018 promises to be the year of disruption in packaged food and we expect a lot of disruptive innovation coming from local players in the start-up community, particularly around the areas of plant-based protein, personalised nutrition, E&S commerce and food technology. Obesity: A public health crisisAccording to an analysis of trend data from 188 countries, conducted by an international consortium of researchers led by the Institute for Health Metrics and Evaluation (IHME) at the University of Washington, 2.1bn people are currently overweight or obese.“Obesity is an issue affecting people of all ages and incomes, everywhere,”​ said Dr. Christopher Murray, director of IHME and a co-founder of the Global Burden of Disease (GBD) study. Regulators actEuropean regulators are taking a more interventionist approach to sugar consumption.Portugal introduced a sugar tax last year, while France - which introduced a sugar tax in 2013 - launched a sliding scale designed to hit drinks containing the most sugar hardest.The UK and Ireland will both introduce sugar taxes this year.UK regulators claim that already soft drink manufacturers have responded to this threat by reformulating products. Some talk in the UK has suggested the government could switch its attention to calories as part of its childhood obesity strategy but no official moves have been made in this direction.Reformulation is not just about what you take out of foods.

Improving access to information on nutrition and the functionality of foods is also prompting forward-thinking companies to look at what can be added to support health. High-protein products supporting healthy aging, for example, are will continue to be an important growth area.The real challenge in reformulating products is that this must be achieved while maintaining product quality. Taste cannot be sacrificed at the altar of reformulation. In the coming year, it looks likely that the food industry will continue to develop new and innovative ingredients that deliver an exciting sensory experience. Meat reduction and moreLargely driven by consumer’s desire to live healthier, more sustainable lives we can expect meat reduction trends to continue to gain steam in 2018.2017 saw a significant jump in the number of ‘flexitarians’ – people who consume reduced levels of animal products. Interestingly, data suggests that consumers are also making the more challenging transition to vegan diets.

Harmful food additives Aren't you tired of the way food companies will place that extra chemical to make them more profit, yet underscore your health. TBHQ and other harmful chemicals are sending us to the doctors office more and more every year. Future Perfect The Goods Politics & Policy. It’s hard to disentangle, for example, whether it’s the chemical additives in these foods, the calories they deliver, or the stuff they generally.

Market OverviewGlobal food additives market was valued at USD 64.04 billion in 2018, and it is expected to reach USD 90.84 billion by 2024, at a CAGR of 6% during the forecast period. Despite its highly developed state, the global food additives market continues to grow in value terms. Demand remains high from the world's food and drink manufacturers, since additives are used for a wide variety of different purposes examples include taste enhancement (flavours), food safety (preservatives), appearance (colours), texturizing (hydrocolloids) and, increasingly, to impart additional health qualities (antioxidants and functional food ingredients). Scope of the ReportGlobal Food Additives market is segmented by type of additives such as Preservatives, Sweeteners, Emulsifiers, Anti-Caking Agents, Hydrocolloids, Colorants, Acidulants, Flavors and Enhancers and Enzymes. Each segment is further segmented into popular sub-segments and by the application. Key Market Trends Asia Pacific is the fastest growing market for Flavors and EnhancersThe major manufacturing hubs in the globe are North America and Asia-Pacific which constitute the majority share in the food flavours and enhancer market. The other three regions are Europe, South America, and Africa.

The European market is a mature market and has several regulatory bodies to regulate stringently the use of food flavours and enhancers, thereby taking care of the consumers of the nations. The small firms merging with the large well-established firms have increased the revenues over the years.

As the per capita income, of the developing countries are increasing significantly, the demand for food flavours has increased. Sweeteners hold a prominent share in the Food Additives marketThe global sweetener market is segmented by type into bulk sweetener and sugar substitute. The bulk sweetener is further segmented into Sucrose, Fructose. Lactose, High Fructose Corn Syrup (HFCS), and others. Bulk sweetener is the largest segment and holds a share of 56.66%.Sucrose dictates more than 13% share in this market. The major constraint in the sugar market is the volatility in prices, leading to market fluctuations. Growing health concerns associated with artificial sweeteners such as aspartame and saccharin are driving consumers' interest in natural sweeteners.

Additives

Steviol glycosides mainly drive the growth in the natural high-intensity sweeteners space followed by monk fruit extract mogroside V. Stevia is also seeing a major demand in the natural sweeteners category. Competitive LandscapeThe market is dominated by Cargill, Kerry Group, ADM, Tate & Lyle, Danisco, Givaudan, Brenntag, Firmenich, Associated British Foods, and International Flavors & Fragrances. These companies together account for more than 50% of market share. Tate & Lyle major sweetener brand, SPLENDA sucralose, on the expiry of the patent on its production process, made several domestic players to increase their production capacity of sucralose and led Tate to lose its share. Givaudan and International flavours & fragrances are investing in new production facilities of food ingredients in the developing countries, with focus, particularly in the ASEAN markets.

Table of Contents.1. INTRODUCTION.1.1 Study Deliverables.1.2 Study Assumptions.1.3 Scope of the Study.2. RESEARCH METHODOLOGY.3. EXECUTIVE SUMMARY.3.1 Market Overview.4. MARKET DYNAMICS.4.1 Market Drivers.4.2 Market Restraints.4.3 Porters Five Forces Analysis.4.3.1 Threat of New Entrants.4.3.2 Bargaining Power of Buyers/Consumers.4.3.3 Bargaining Power of Suppliers.4.3.4 Threat of Substitute Products.4.3.5 Intensity of Competitive Rivalry.5.