Food Additives Market Trends Report | Size & Growth 2024-2032

Global Food Additives Market Size (2024 to 2032)
The food additives market is expected to expand at a CAGR of 6.12% during the forecast period. The market size was valued at USD 40.23 billion in 2023 and is projected to reach USD 68.66 billion by 2032 from USD 42.69 billion by 2024.

Current Scenario of the Global Food Additives Market
Presently, the food additives market is rapidly growing owing to the shift towards clean labelling. The half of 2024 highlights a growing consumer trend towards clean labelling, with brands actively removing artificial supplements and incorporating natural alternatives into their products. Moreover, the market is experiencing a rising demand for functional ingredients that deliver health advantages in addition to basic nutritional value. Additionally, technological progress is driving the development of innovative dietary and nutritional supplements which are effective and derived from natural sources.