Argentina Food Additives Market - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4386839
  • Report
  • Region: Argentina
  • 69 pages
  • Mordor Intelligence
1 of 4
Food additives are used to enhance the taste, color, texture of food, same time maintaining the freshness and nutritional content. The food additives market in Argentina is expected to be $xxmillion by 2020; growing at a CAGR of x.x% from 2015 and 2020. The population growth coupled higher food production and demand is the major factors leading to high requirement of food additives applications. Growing urbanization and changing lifestyles due to globalization are driving demand for convenience and packaged foods. The scenario in turn is helping the food additives industry to grow as food additives are an important component of these kinds of foods.

Additives are mainly used to maintain and improve safety of the packaged food and to enhance the nutritional value of the food. Expanding processed food market due to increasing disposable incomes of the burgeoning middle class is the major drivers for food additives market growth in the country. The growth is further supported by growing urbanization of the rural population and rising organized market in rural segments of Argentina. Food additive market is also supported by the fact that additives are applied as a way of curbing risk of wastage of food products. However, the consumer preference for natural alternatives, demand for clean label products and stringent regulations hinders the market growth.

The food additives market is segmented by type viz. Preservatives, Food flavors and Flavor enhancers, Antioxidants, Sweeteners, Emulsifiers, Anti Caking agents, Enzymes, Fat replacers, Acidulants and others (texturizer, shelf life stabilizers, etc). The largest segment is Flavors and flavor enhancers market which recorded value wise, followed by Hydrocolloids which function as texturizer, thickening, stabilizing and gelling agents. The fastest growing segment is the Sweetener type which is seen as an alternative to sugar used in food and beverages. The major applications pertaining food additives are in Fruits & vegetables, Bakery & Confectionary, Dairy & Frozen products, Oils & Fats, Savory snacks, Meat poultry & Sea food products.

The country is one of the developing economies in the region and this is expected to increase the consumer demand for packaged food; which in-turn drives the food additives industry. Growing consumer awareness on the benefits of natural additives and functional food additives would help capture the new markets in the region.

The country provides greater scope of growth as the country market place mostly untapped. The major foreign players in the market are Cargill, Tate & Lyle, Palsgaard, DuPont, DSM, Givaudan, Brenntag, Novozymes, International Flavors and Fragrances, etc. . Some of the regional companies manufacturing food additives in the country are Associated British Foods, Arraiz Agronegocios, Cordis S.A., CSB-System Latinoamerica, Eurochem S.A., etc. The strategies being adopted in the Food additives industry is in the Innovation category under the development of natural food additives and functional food ingredients to meet the customer demand. Many foreign companies are entering the emerging economies of the region through partnerships as they see the developed countries as matured markets in terms of revenue growth. Companies need to undertake ‘clean label’ solutions to meet the safety standards to cater to the regional food consumption. However, General standard for Food Additives (GSFA) chaired by China needs a wider acceptance for improved International Trade which would help the industry in Argentina.
READ MORE
Note: Product cover images may vary from those shown
2 of 4
1. Introduction
1.1 Research methodology
1.2 Market Definition
1.3 Report Description
2. Key Findings
3. Regulatory Framework
4. Market Overview & Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Supply chain complexities in the Food industry
4.2.2 Expanding Processed Foods market
4.2.3 Penetration of Organized Retail sector
4.2.4 Technological advancements
4.3 Restraints
4.3.1 Consumers demand for natural Additives
4.3.2 Demand for Clean label solutions
4.3.3 Complex regulatory environment
4.4 Opportunities
4.4.1 Growing demand for Natural and Nutraceutical Ingredients
4.4.2 Innovations to meet the wellness demand
4.4.3 Wider Acceptance of GSFA for improved International Trade
5. Porter Five Forces Analysis
5.1 Bargaining power of Suppliers
5.2 Bargaining power of Buyers
5.3 Degree of Competition
5.4 Threat of Substitution
5.5 Threat of new entrants
6. Market Segmentation
6.1 Preservatives
6.1.1 Preservatives Market, by Types
6.1.1.1 Natural Antioxidants
6.1.1.2 Sorbates
6.1.1.3 Benzonates
6.1.1.4 Others
6.1.2 Preservatives Market, by Application Type
6.1.3 Preservatives Market, by Geography Type
6.2 Sweetners
6.2.1 Sweetners Market, by type
6.2.1.1 Bulk Sweeteners
6.2.1.1.1 Sucrose
6.2.1.1.2 Fructose
6.2.1.1.3 Lactose
6.2.1.1.4 High Fructose Corn Syrup (HFCS)
6.2.1.1.5 Others
6.2.1.2 Sugar Substitutes
6.2.1.2.1 Sucralose
6.2.1.2.2 Xylitol
6.2.1.2.3 Stevia
6.2.1.2.4 Aspartame
6.2.1.2.5 Saccharine
6.2.1.2.6 Others
6.2.2 Sweetners Market, by Application Type
6.2.3 Sweetners Market, by Geography
6.3 Emulsifiers
6.3.1 Emulsifiers Market, by type
6.3.1.1 Mono-, Di-Glycerides & Derivatives
6.3.1.2 Lecithin
6.3.1.3 Sorbitan Esters
6.3.1.4 Others
6.3.2 Emulsifiers Market, by Application Type
6.3.3 Emulsifiers Market, by Geography
6.4 Anti Caking Agents
6.4.1 Anti caking agent, by type
6.4.1.1 Calcium compounds
6.4.1.2 Sodium compounds
6.4.1.3 Silicon Dioxide
6.4.1.4 Others
6.4.2 Anti Caking agents Market, by Application Type
6.4.3 Anti Caking agents Market, by Geography
6.5 Enzymes
6.5.1 Enzymes Market, by type
6.5.1.1 Carbohydrases
6.5.1.2 Protease
6.5.1.3 Lipase
6.5.1.4 Others
6.5.2 Enzymes Market, by Application Type
6.5.3 Enzymes Market, by Geography
6.6 Hydrocolloids
6.6.1 Hydrocolloids Market, by type
6.6.1.1 Starch
6.6.1.2 Gelatin Gum
6.6.1.3 Xanthan Gum
6.6.1.4 Others
6.6.2 Hydrocolloids Market, by Application Type
6.6.3 Hydrocolloids Market, by Geography
6.7 Food Flavors and Enhancers
6.7.1 Food Flavors & Flavor Enhancers Market, by type
6.7.1.1 Natural Extracts
6.7.1.2 Fruit flavors
6.7.1.3 Monosodium Glutamate
6.7.1.4 Others
6.7.2 Food flavors and Enhancers Market, by Application Type
6.7.3 Food flavors and Enhancers Market, by Geography
6.8 Food Colorants
6.8.1 Food colorants Market, by type
6.8.1.1 Synthetic Food Colorants
6.8.1.2 Natural Food Colorants
6.8.1.3 Others
6.8.2 Food Colorants Market, by Application Type
6.8.3 Food Colorants Market, by Geography
6.9 Acidulants
6.9.1 Acidulants Market, by type
6.9.1.1 Citric Acid
6.9.1.2 Phosphoric Acid
6.9.1.3 Lactic Acid
6.9.1.4 Others
6.9.2 Acidulants Market, by Application Type
6.9.3 Acidulants Market, by Geography
7. Competitive Landscape Overview
7.1 Market Share Analysis
7.2 Strategies by leading players
7.3 New Product Developments &Other Innovations
8. Company Profiles
8.1 Cargill Inc
8.2 Kerry Group
8.3 Corbion Purac
8.4 Tate & Lyle Plc
8.5 Archer Daniels Midland(ADM)
8.6 Dupont- Danisco
8.7 Novozymes
8.8 DSM
8.9 Chr Hansen
8.10 FMC Corporation
8.11 International Flavors and Fragrance
8.12 Givaudan
8.13 Firmenich
8.14 Sensient Technologies
8.15 DD Williamson & Co Inc
8.16 Brenntag Pacific Inc
8.17 BASF
8.18 Associated British Foods
9. Appendix
10. Disclaimer

List of Tables

1: Africa food additives market revenue, by Country
2: Africa: food additives market revenue, by type
3: South Africa: Preservatives market Revenue,by Type, 2012-2020 ($Million)
4: South Africa: Sweeteners market Revenue,by Type, 2012-2020 ($Million)
5: South Africa: Anti-caking agents market Revenue,by Type, 2012-2020 ($Million)
6: South Africa: Hydrocolloids market Revenue,by Type, 2012-2020 ($Million)
7: South Africa: Food Enzymes market Revenue,by Type, 2012-2020 ($Million)
8: South Africa: Food Emulsifiers market Revenue,by Type, 2012-2020 ($Million)
9: South Africa: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
10: South Africa: Acidulants market Revenue,by Type, 2012-2020 ($Million)
11: South Africa: Food flavor & Enhancers market Revenue,by Type, 2012-2020 ($Million)
12: Egypt: Preservatives market Revenue,by Type, 2012-2020 ($Million)
13: Egypt: Sweeteners market Revenue,by Type, 2012-2020 ($Million)
14: Egypt: Anti-caking agents market Revenue,by Type, 2012-2020 ($Million)
15: Egypt: Hydrocolloids market Revenue,by Type, 2012-2020 ($Million)
16: Egypt: Food Enzymes market Revenue,by Type, 2012-2020 ($Million)
17: Egypt: Food Emulsifiers market Revenue,by Type, 2012-2020 ($Million)
18: Egypt: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
19: Egypt: Acidulants market Revenue,by Type, 2012-2020 ($Million)
20: Egypt: Food flavor & Enhancers market Revenue,by Type, 2012-2020 ($Million)
21: Others: Preservatives market Revenue,by Type 2012-2020 ($Million)
22: Others: Sweeteners market Revenue,by Type 2012-2020 ($Million)
23: Others: Anti-caking agents market Revenue,by Type, 2012-2020 ($Million)
24: Others: Hydrocolloids market Revenue,by Type, 2012-2020 ($Million)
25: Others: Food Enzymes market Revenue,by Type, 2012-2020 ($Million)
26: Others: Food Emulsifiers market Revenue,by Type, 2012-2020 ($Million)
27: Others: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
28: Others: Acidulants market Revenue,by Type, 2012-2020 ($Million)
29: Others: Food flavor & Enhancers market Revenue,by Type, 2012-2020 ($Million)
30: Africa: food additives market revenue, by Application
31: South Africa: Preservatives market Revenue,by Application, 2012-2020 ($Million)
32: South Africa: Sweeteners market Revenue,by Application, 2012-2020 ($Million)
33: South Africa: Anti-caking agents market Revenue,by Application, 2012-2020 ($Million)
34: South Africa: Hydrocolloids market Revenue,by Application, 2012-2020 ($Million)
35: South Africa: Food Enzymes market Revenue,by Application, 2012-2020 ($Million)
36: South Africa: Food Emulsifiers market Revenue,by Application, 2012-2020 ($Million)
37: South Africa: Food Colorants market Revenue,by Application, 2012-2020 ($Million)
38: South Africa: Acidulants market Revenue,by Application, 2012-2020 ($Million)
39: South Africa: Food flavor & Enhancers market Revenue,by Application, 2012-2020 ($Million)
40: Egypt: Preservatives market Revenue,by Application, 2012-2020 ($Million)
41: Egypt: Sweeteners market Revenue,by Application, 2012-2020 ($Million)
42: Egypt: Anti-caking agents market Revenue,by Application, 2012-2020 ($Million)
43: Egypt: Hydrocolloids market Revenue,by Application, 2012-2020 ($Million)
44: Egypt: Food Enzymes market Revenue,by Application, 2012-2020 ($Million)
45: Egypt: Food Emulsifiers market Revenue,by Application, 2012-2020 ($Million)
46: Egypt: Food Colorants market Revenue,by Application, 2012-2020 ($Million)
47: Egypt: Acidulants market Revenue,by Application, 2012-2020 ($Million)
48: Egypt: Food flavor & Enhancers market Revenue,by Application, 2012-2020 ($Million)
49: Others: Preservatives market Revenue,by Application 2012-2020 ($Million)
50: Others: Sweeteners market Revenue,by Application 2012-2020 ($Million)
51: Others: Anti-caking agents market Revenue,by Application, 2012-2020 ($Million)
52: Others: Hydrocolloids market Revenue,by Application, 2012-2020 ($Million)
53: Others: Food Enzymes market Revenue,by Application, 2012-2020 ($Million)
54: Others: Food Emulsifiers market Revenue,by Application, 2012-2020 ($Million)
55: Others: Food Colorants market Revenue,by Application, 2012-2020 ($Million)
56: Others: Acidulants market Revenue,by Application, 2012-2020 ($Million)
57: Others: Food flavor & Enhancers market Revenue,by Application, 2012-2020 ($Million)
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
Note: Product cover images may vary from those shown
Adroll
adroll