Sweeteners and Flavor Enhancers Market Outlook

The global food additives market was estimated at USD 120.5 billion in 2024 and is projected to reach USD 169.22 billion by 2030, expanding at a CAGR of 5.9% from 2025 to 2030. Market growth is driven by the expanding scale of key end-use industries, including bakery and confectionery, beverages, dairy products, and convenience foods, along with the increasing penetration of organized retail and e-retail channels worldwide.

Food additives, also referred to as specialty food ingredients, are incorporated into food products to improve characteristics such as taste, shelf life, texture, appearance, and health benefits. The industry is broadly categorized into sensory ingredients and functional ingredients. Sensory ingredients enhance taste, aroma, flavor, and texture, while functional ingredients include vitamins, acidulates, antioxidants, and other components that contribute nutritional and preservation benefits.

Global consumption of packaged food products and beverages continues to rise, supporting increased demand for additives used during food processing. According to a report published in April 2025 by the USDA Economic Research Service, global packaged food consumption increased by 6.1% between 2023 and 2024. This growth reflects rising disposable incomes, urbanization, and evolving consumer preferences toward convenience-oriented and processed food products across international markets. The sustained growth of packaged foods and beverages is expected to further drive food additives demand worldwide.

Key Market Trends & Insights

• The North America food additives market is expected to grow at a CAGR of 6.0% over the forecast period.
• The U.S. led the North American market and accounted for the largest regional revenue share in 2024.
• By product type, the sweeteners segment dominated the market with a revenue share of 52.7% in 2024.
• By source, additives derived from natural sources accounted for the largest revenue share of 82.7% in 2024.
• By application, the bakery and confectionery segment led the market, contributing approximately 29.0% of total revenue in 2024.

Download a free sample PDF of the Food Additives Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 120.5 Billion
• 2030 Projected Market Size: USD 169.22 Billion
• CAGR (2025–2030): 5.9%
• Largest Market (2024): Asia Pacific

Competitive Landscape

The global food additives market is highly competitive, with leading players focusing on expansion strategies, capacity enhancements, product innovation, and strategic partnerships to strengthen their global footprint. Companies are increasingly investing in natural and clean-label ingredients to align with evolving regulatory standards and consumer preferences.

Key Companies in the Global Food Additives Market

• ADM
• Ingredion
• Tate & Lyle Plc
• DSM
• Ajinomoto Co., Inc.
• Cargill, Incorporated
• BASF SE
• Givaudan
• International Flavors & Fragrances Inc.
• Biospringer

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Conclusion

The global food additives market is expected to experience steady growth through 2030, supported by rising consumption of packaged and convenience foods, expanding organized retail infrastructure, and increasing demand for functional and natural ingredients. Continuous innovation, regulatory compliance, and strategic collaborations among leading players are anticipated to play a crucial role in shaping the market’s competitive landscape and long-term growth trajectory.