(Food-Beverage-News.Com, May 22, 2017 ) According to the report Latin America Food Additives Market published by Market Data Forecast, the Latin America market projected to reach USD 5.55 billion by 2021, at a CGSR of 6.50% from 2016 to 2021.
Food additives are basically used for enhancing food palatability in terms of food appearance & appeal, imparting specific desired properties to food products. It helps to improve protection against harmful bacteria and other kinds of harmful microbes to prolong shelf life.
The market for Food Additives in Latin America is mainly driven due to increasing disposable incomes of the burgeoning middle class which is driving the shift towards processed foods and convenience, thus escalating the need for food, thereby need for food additives. But, the market growth can be constrained due to growing consumer demand for ‘no additive’ food products, and health hazards associated with the consumption of synthetic additives.
The Latin America Food Additives Market is segmented as following:
1) Based on Type: Acidulants Anti-caking agents Colors Emulsifiers Enzymes Flavors Hydrocolloids Preservatives Sweeteners 2) Based on Source: Natural Synthetic
3) Based on Application: Bakery & confectionery Beverages Convenience foods Dairy & frozen desserts Other Applications
The key players in this market are E.I. DuPont, Kerry Group Plc, Archer Daniels Midland Company, Cargill, Incorporated, CHR. Hansen Holding A/S, and BASF SE
The Latin America Food Additives Market study offers the following deliverables:
• Latin America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the Latin America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Additives Segment:
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact: Abhishek Shukla Team Lead (International Business Development) Market Data Forecast Direct Line: +1-888-702-9626 Mobile: +91 998 555 0206 Mail: abhishek@marketdataforecast.com