Mexico Food Additives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.57 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Mexico Food Additives Market Analysis
The Mexico Food Additives market is projected to grow at a CAGR of 4.57% during the forecast period (2020 - 2025).
- Food additives comprise of a varied number of additives being utilized in numerous end-user industries. For example, there is an increasing demand for zero-calorie sweeteners in the country. Therefore, an increasing number of food and beverages manufacturers are launching zero calories beverages in the market.
- The demand for convenient food products has recorded robust growth, owing to changing lifestyles and dietary preferences. Food additives such as preservatives, emulsifiers, stabilizers, and others, enhance the nutritional profile of the packaged food and extend their shelf-life, thereby pushing for higher demands.
Mexico Food Additives Market Trends
This section covers the major market trends shaping the Mexico Food Additives Market according to our research experts:
Increasing Demand For Preservatives in the Food Industry
Preservatives slow product spoilage caused by mold, air, bacteria, fungi, or yeast. In addition to maintaining the quality of the food, they help control contamination that can cause foodborne illness, including life-threatening botulism. One group of preservatives; antioxidants, prevent fats and oils, and the foods containing them from becoming rancid or developing an off-flavor.
Despite the functional benefits of chemical preservatives, they are known to be unhealthy, as a result of which, natural preservatives are being increasingly preferred. The growing trend of having a healthy lifestyle has also led to an increase in demand for foods that contain natural ingredients, like natural preservatives. Sorbic acid, benzoic acid, nisin, and acetic acid are the majorly used as preservatives in the food & beverage industry.
Expanding Applications of Food Additives To Drive Sales
Food additives are largely used across several industries including bakery, confectionery, dairy, beverages among others. There have been robust demands for bakery ingredients such as starches, sweeteners, and emulsifiers with improved nutrient profile especially in terms of fat composition. The bakery ingredients are expected to help food processors in minimizing the cost associated with key ingredients, such as dairy, soy, and eggs. A trend is on the rise, with the availability of customized bakery ingredients, including non-fat dairy alternatives, liquid whole egg alternatives, and dough ingredients, which contain fat replacement properties and provide crispy texture, as well as a tender structure than eggs in cakes.
Also, starches are widely utilized in a plethora of beverages including soft drinks, fruit drinks, brewing, and alcoholic beverages. The starches are increasingly utilized for instant beverage mixes wherein it acts as a thickener, flavor carrier, and a bulking agent. Therefore increasing demand for food additives in various application segments is expected to contribute towards the market growth.
Mexico Food Additives Industry Overview
The Mexico food additives market is flourished with numerous global as well as regional players. Some of the major players in the Mexico food additives market include Cargill Incorporated, DuPont de Nemours, Inc., Tate & Lyle PLC, Kerry Group, Koninklijke DSM NV, Archer Daniels Midland among others.
Mexico Food Additives Market Leaders
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Cargill, Incorporated
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DuPont de Nemours, Inc.
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The Archer Daniels Midland Company
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Koninklijke DSM N.V.
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Chr. Hansen A/S
*Disclaimer: Major Players sorted in no particular order
Mexico Food Additives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porters Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Emulsifiers
- 5.1.2 Starches and Sweeteners
- 5.1.3 Colorants
- 5.1.4 Flavors
- 5.1.5 Others
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5.2 Application
- 5.2.1 Dairy
- 5.2.2 Bakery
- 5.2.3 Meat Products
- 5.2.4 Beverages
- 5.2.5 Confectionery
- 5.2.6 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Market Position Analysis
- 6.2 Most Adopted Strategy
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6.3 Company Profiles
- 6.3.1 Cargill Incorporated
- 6.3.2 Chr. Hansen A/S
- 6.3.3 Koninklijke DSM N.V.
- 6.3.4 DuPont de Nemours, Inc
- 6.3.5 Tate & Lyle PLC
- 6.3.6 The Archer Daniels Midland Company
- 6.3.7 Kerry Group plc
- 6.3.8 Brenntag AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityMexico Food Additives Industry Segmentation
The Mexico food additives market is segmented on the basis of type as emulsifiers, starches and sweeteners, colorants, flavors, and others. By application the market studied is segmented into, dairy, bakery, meat products, beverages, confectionery, and others.
| Type | Emulsifiers |
| Starches and Sweeteners | |
| Colorants | |
| Flavors | |
| Others | |
| Application | Dairy |
| Bakery | |
| Meat Products | |
| Beverages | |
| Confectionery | |
| Others |
Mexico Food Additives Market Research FAQs
What is the current Mexico Food Additives Market size?
The Mexico Food Additives Market is projected to register a CAGR of 4.57% during the forecast period (2024-2029)
Who are the key players in Mexico Food Additives Market?
Cargill, Incorporated, DuPont de Nemours, Inc., The Archer Daniels Midland Company , Koninklijke DSM N.V. and Chr. Hansen A/S are the major companies operating in the Mexico Food Additives Market.
What years does this Mexico Food Additives Market cover?
The report covers the Mexico Food Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mexico Food Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Mexico Food Additives Industry Report
Statistics for the 2024 Mexico Food Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mexico Food Additives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
