Market Share of India Food Additives Industry
India's food additives market is highly competitive and is dominated by major global players, but it is also fragmented with various other players present. The key players in the market include Cargill, Incorporated, BASF SE, International Flavors & Fragrances, Inc., Koninklijke DSM N.V., and Ingredion Incorporated. These market leaders have an advantage in the market due to their wider range of product offerings and strong distribution channels.
To stay competitive, major players in the market are launching new commodities, which can help boost sales and attract consumers, ultimately enhancing their brand value. Additionally, companies are expanding their production capacities and opening innovation centers to source and develop new flavors from regional sources, as well as introduce new flavor ingredient lines.
India Food Additives Market Leaders
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Cargill, Incorporated
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BASF SE
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Ingredion Incorporated
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International Flavors & Fragrances, Inc.
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Koninklijke DSM N.V.
*Disclaimer: Major Players sorted in no particular order