Rebounding food production to spur additives demand
Following a period that included several years of subpar growth, US shipments of food products are expected to register more substantial advances through 2008. This will be among the primary factors driving demand for food additives. Other major factors include the increased use of vitamins and other nutraceuticals in fortified foods such as the increasingly popular energy bars and meal replacements; as well as the broadening market presence of newer artificial sweeteners -- such as sucralose and ace-K -- in food processing applications.
Flavors, enhancers to remain largest product type
Flavors and flavor enhancers will continue to account for the largest share of overall food additive demand, due to their extensive use in many processed foods, dairy products, baked goods and candy. Although the flavors market is relatively mature in terms of volume, opportunities are constantly being created by consumer demand for new flavors based on ethnic cuisines and more intense flavor preparations.
Alternative sweeteners, nutraceuticals to record robust growth
Although alternative sweeteners are most widely used in soft drinks, they are also finding greater use in food products. The current trend favoring lower carbohydrate consumption has led to growing popularity of sugar-free and reducedsugar products such as ice cream and other frozen desserts, pies and other baked goods, and various confections.
Nutraceuticals, including vitamins, minerals and other additives, will register strong growth due to increasing consumer preference for fortified snack foods such as sports and energy bars, as well as meal replacement products. Additionally, the addition of vitamins and minerals is expanding beyond its most established applications, such as breakfast cereals.
Grain mill products, baked goods, snack foods to lead market gains
Grain mill products will present strong growth opportunities for growth, despite the current consumer reluctance for carbohydrates. In addition to fortified breakfast cereals, other grain mill products are expected to become more substantial markets for nutraceutical additives. Additionally, dog and cat foods will remain a major outlet for functional and nutritional additives.
Gains for snack foods will be boosted by growing demand for more intense and exotic flavors in chips and other snacks, while baked goods will be an important outlet for enzymes, artificial sweeteners and preservatives.
Study coverage
Food Additives, a new Freedonia industry study. It provides historical US demand data 1993, 1998, 2003) plus forecasts to 2008 and 2013 by type and application. It also examines the market environment, evaluates company market share and profiles over 30 leading US industry competitors.
TABLE OF CONTENTS
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Macroeconomic Overview
- Consumer Spending Patterns
- Demographic Trends
- Age Distribution Patterns
- Other Demographic Patterns
- Health & Nutritional Considerations
- Food Industry Overview
- Historical Trends
- Pricing Trends & Product Mix
- Regulatory Considerations
- Regulating Agencies & Organizations
- Labeling
- Genetically Modified
- Organic
- International Activity
- Foreign Trade
- Food & Beverage Additive Overview
III. PRODUCTS
- General
- Flavors & Flavor Enhancers
- Flavors
- Blends
- Aroma Chemicals
- Essential Oils
- Producers
- Flavor Enhancers
- Hydrolyzed Vegetable Proteins
- Monosodium Glutamate
- Other
- (continued on next page)
- Texturizers & Fat Replacers
- Xanthan Gum
- Cellulosics
- Carrageenan
- Other
- Gelatin
- Pectin
- Guar Gum
- Gum Arabic
- Gellan
- Tragacanth
- Emulsifiers
- Characteristics
- Producers
- Preservatives
- Antioxidants
- Hindered Phenols
- Other
- Producers
- Biocides
- Sorbates
- Propionates
- Benzoates & Other Biocides
- Nutraceuticals
- Minerals
- Vitamins
- Herbal Extracts & Other
- Producers
- Colorants
- Natural
- Artificial
- Dyes
- Lakes & Other
- Producers
- (continued on next page)
- Enzymes
- Rennet & Chymosin
- Other
- Proteases
- Lipases
- Carbohydrases
- Lactases & Other
- Producers
- Alternative Sweeteners
- Polyols
- High Intensity
- Aspartame
- Acesulfame-K
- Sucralose
- Neotame
- Saccharin & Others
- Producers
- Acidulants
- Citric Acid
- Other
- Suppliers
- Other Food Additives
- Phosphates & Related
- All Other
IV. APPLICATIONS
- General
- Processed Foods
- Processed & Frozen Food Overview
- Additives Demand
- Dairy Products
- Dairy Product Overview
- Additives Demand
- Cheese
- Other
- (continued on next page)
- Bakery Products
- Bakery Product Overview
- Additives Demand
- Sauces, Condiments, Fats & Oils
- Sauce, Condiment, Fat & Oil Overview
- Additives Demand
- Candy
- Candy Overview
- Additive Demand
- Grain Mill Products
- Grain Mill Product Overview
- Additives Demand
- Meat, Poultry & Seafood Products
- Meat, Poultry & Seafood Product Overview
- Additives Demand
- Snack Foods
- Snack Food Overview
- Additives Demand
- Other Food Products
- Other Food Product Overview
- Additives Demand
V. INDUSTRY STRUCTURE
- General
- Market Share
- Danisco
- International Flavors & Fragrances
- Sensient
- Givaudan
- Archer-Daniels-Midland
- Competitive Strategies
- Distribution
- Marketing
- Research & Development
- Industry Restructuring
- Cooperative Agreements
- (continued on next page)
- Company Profiles
- AB Enzymes GmbH, see Associated British Foods
- Abitec Corporation, see Associated British Foods
- Ajinomoto Company Incorporated
- Aqualon, see Hercules Incorporated
- Archer-Daniels-Midland Company
- Associated British Foods plc
- BASF AG
- Bayer AG
- Cargill Incorporated
- Celanese AG
- Chr. Hansen Holding A/S
- Crystals International Incorporated, see Kerry Group
- Danisco A/S
- Degussa AG
- Dow Chemical Company
- DRAGOCO Geberding & Company AG, see Symrise
- DSM NV
- DuPont (EI) de Nemours
- Eastman Chemical Company
- Firmenich SA
- Flavurence, see Kerry Group
- FMC Corporation
- Genencor International Incorporated
- Givaudan SA
- Haarmann & Reimer GmbH, see Symrise
- Hercules Incorporated
- Holland Sweetener Company, see DSM NV
- Imperial Chemical Industries plc
- International Flavors & Fragrances Incorporated
- Johnson & Johnson
- Jungbunzlauer AG
- Kelco (CP) ApS
- Kemin Industries Incorporated
- Kerry Group plc
- (continued on next page)
- Lanxess Corporation, see Bayer
- Lubrizol Corporation
- Manheimer (J.) Incorporated, see Kerry Group
- Martek Biosciences Corporation
- Mastertaste, see Kerry Group
- McNeil Nutritionals, see Johnson & Johnson
- Noveon Hilton-Davis Incorporated, see Lubrizol
- Noveon Kalama Incorporated, see Lubrizol Corporation
- Novozymes A/S
- Nutrinova Incorporated, see Celanese
- NutraSweet Company
- Organic Dyestuffs Corporation
- PGLA-1, see Cargill
- Quest Food Ingredients, see Kerry Group
- Quest International Flavors Company, see Imperial
- Chemical Industries
- Raisio Group plc
- Rhodia SA
- Roche Holding Limited
- Sensient Technologies Corporation
- Solae LLC, see DuPont (EI) de Nemours
- SPI Polyols Incorporated, see Associated British Foods
- Staley (AE) Manufacturing Company, see Tate & Lyle
- SunPure Limited, see Kerry Group
- Symrise GmbH & Company KG
- Tate & Lyle plc
- TIC Gums Incorporated
- Todd (AM) Group of Companies
- Valley Research Incorporated
- Warner-Jenkinson Company Incorporated, see Sensient
- Technologies
- Zink & Triest Company Incorporated, see Todd (AM)
- Group
- Other Companies Mentioned in Study
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
- Summary Table
SECTION II -- MARKET ENVIRONMENT
- 1 Macroeconomic Indicators
- 2 Personal Income & Spending Patterns
- 3 Demographic Trends
- 4 Food Shipments
- 5 Food Additive Market Trends, 1993-2003
- 6 Pricing Trends for Selected Food Additives
- 7 Food & Beverage Additive Demand
SECTION III -- PRODUCTS
- 1 Food Additive Demand by Type
- 2 Flavor & Flavor Enhancer Demand in Food by Type &
- Application
- 3 Flavor Demand in Food by Type & Application
- 4 Flavor Enhancer Demand in Food by Type & Application
- 5 Texturizer & Fat Replacer Demand in Food by
- Type & Application
- 6 Emulsifier Demand in Food by Type & Application
- 7 Preservative Demand in Food by Type & Application
- 8 Antioxidant Demand in Food by Type
- 9 Biocide Demand in Food by Type
- 10 Nutraceutical Demand in Food by Type & Application
- 11 Colorant Demand in Food by Type & Application
- 12 Enzyme Demand in Food by Type & Application
- 13 Alternative Sweetener Demand in Food by
- Type & Application
- 14 Acidulant Demand in Food by Type & Application
- 15 Citric Acid Demand in Food
- 16 Other Acidulant Demand in Food
- 17 Other Food Additive Demand by Type & Application
- SECTION IV -- APPLICATIONS
- 1 Food Additive Demand by Application
- 2 Processed Food Shipments
- 3 Processed Food Market for Additives
- (continued on next page)
- 4 Dairy Product Shipments
- 5 Dairy Product Market for Additives
- 6 Bakery Product Shipments
- 7 Bakery Product Market for Additives
- 8 Sauce, Condiment, Fat & Oil Shipments
- 9 Sauce, Condiment, Fat & Oil Market for Additives
- 10 Candy Shipments
- 11 Candy Market for Additives
- 12 Grain Mill Product Shipments
- 13 Grain Mill Product Market for Additives
- 14 Meat, Poultry & Seafood Shipments
- 15 Meat, Poultry & Seafood Product Market for Additives
- 16 Snack Food Shipments
- 17 Snack Food Market for Additives
- 18 Other Food Shipments
- 19 Additive Demand in Other Foods
SECTION V -- INDUSTRY STRUCTURE
- 1 US Food Additive Sales by Company, 2003
- 2 Selected Acquisitions & Divestitures
- 3 Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- 1 Food Shipments by Type, 2003
- 2 Food Additive Market Trends, 1993-2003
SECTION III -- PRODUCTS
- 1 Food Additive Demand by Type, 2003
SECTION IV -- APPLICATIONS
- 1 Food Additive Demand by Application, 2003
SECTION V -- INDUSTRY STRUCTURE
- 1 US Food Additive Market Share, 2003
