Report Code: A05254 | Pages: NA | Jul 2023 | 4585 Views | ||
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Request Now !Beverages additives refer to the substances used to enhance the taste and flavor of beverages such as colorants, preservatives, flavoring agents, and other similar products. These additivities are either derived naturally or are produced artificially. They help maintain or improve the quality of the product and maintain the nutritional content. Beverage additives are applied in alcoholic beverages such as whiskey, beer, wine and others as well as in nonalcoholic beverages such as juices, soft drinks, sports and energy drinks, dairy beverages, and others.
The increase in health consciousness among consumers regarding health conditions such as obesity and diabetes caused due to excessive sugar intake, have led to the rise in preference for natural additives in beverages. This factor majorly boosts the beverage additives market. In addition, the shift in consumer preference toward packaged beverages owing to increase in disposable income and modern lifestyle, has fueled the demand for additives to extend the shelf life of the product and maintain its freshness. This factor furthermore helps boost the demand for additives such as preservatives, for increasing the product shelf life. Consumers are experimenting with exotic flavored beverages. This creates a rise in demand for additives such as flavoring agents to enhance the tastes and textures of beverages. However, government regulations such as banning alcoholic beverages in certain regions and health issues arising due to artificial additives can restrain the market growth. On the contrary, using herbal additives to produce nutraceutical beverages can be viewed as an opportunity by the manufacturers to expand the market.
The beverage additives market is segmented based on type, application and region. Based on type, it is classified into preservatives, colorants, flavoring agents, flavor enhancers and others. Based on application, it is categorized into alcoholic beverages and non-alcoholic beverages. Based on region, it is studied across North America, Europe, Asia-Pacific and LAMEA.
The key players in the market include Kawarlal & Co., Celanese Corporation, Bell Flavors & Fragrances, Prinova Group LLC, Dallant, S.A., Koninklijke DSM N.V., Keva Flavours Pvt. Ltd., Kerry Group, Sensient Technologies Corporation, and International Flavors & Fragrances Inc.
Beverages Additives Market Report Highlights
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Key Market Players | Sensient Technologies Corporation, Kawarlal & Co., International Flavors & Fragrances Inc., Bell Flavors & Fragrances, Celanese Corporation, Dallant, S.A., Kerry Group, Koninklijke DSM N.V., Prinova Group LLC, Keva Flavours Pvt. Ltd. |
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