Demand for natural additives drives growth
16.09.11
The report, The global food additives market, revealed growing demand for additives such as emulsifiers, hydrocolloids, acidulants and enzymes driven by increasing consumer preference for low-fat, salt and sugar products as well as ‘functional health benefit’ products.
The global additives sector grew by 4%, reaching $27.4bn last year with health and natural additives compensating for the decline in demand for artificial sweeteners and preservatives.
Growth in the sector had been slowed by the global downturn. But a fall in demand in developed countries had been offset by rising demand in regions such as Latin America and Asia-Pacific.
Food safety concerns
Jonathan Thomas, principal market analyst at LFR and author of the report, told foodmanufacture.co.uk: “The growth in natural additives mirrors the growth in demand for natural food and drinks. Consumers are turning away from products containing artificial ingredients and additives, for reasons of health and food safety.
Source: FoodManufacture.co.uk