Report Overview

The Australia food additives market is expected to grow at a CAGR of 3.50% between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • As per the DAFF, Australia produced 8.8 billion litres of milk in 2022-23, stimulating food additives demand in Australia.
  • According to the USDA, the Australian consumer food service sector is estimated to at approx. AUD 54 billion in 2022.
  • According to ABS, daily consumption of meat and poultry products in 2022-23 reached 146.6 grams per capita.

Australia Food Additives Market Growth

Compound Annual Growth Rate

Value in AUD million

3.5%

2024-2032


Australia Food Additives Market Outlook

*this image is indicative*

The Australia food additives market is driven by naturally sourced products as individuals prefer natural food products.

Consumers prioritise natural additives due to health consciousness, clean label trends, and sustainability goals. They perceive natural additives as healthier, safer, and more beneficial, aligning with their preferences for clean, recognisable ingredients. Moreover, natural additives offer superior taste, aroma, and quality compared to synthetic counterparts, enhancing overall satisfaction.

Australia Food Additive Market Summary Description Value
Base Year AUD Million 2023
Historical period AUD Million 2018-2023
Forecast Period AUD Million 2024-2032
Market Size 2023 AUD Million 1,522.35
Market Size 2032 AUD Million 2,268.46
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 4.5%
CAGR 2024-2032 - Market by Region Western Australia 4.9%
CAGR 2024-2032 - Market by Region Queensland 4.2%
CAGR 2024-2032 - Market by Source Natural 6.1%
CAGR 2024-2032 - Market by Application Beverages 5.6%
2023 Market Share by Region Western Australia 15.9%

Australia Food Additives Market Report

Moreover, sourcing from renewable and environmentally friendly sources supports sustainability objectives, contributing to environmentally conscious consumption and production practices. These factors drive the growth of the Australia food additives market, reflecting a shift towards healthier, more transparent, and sustainable food choices among consumers.

Preservatives are essential for extending shelf life in packaged and processed foods, meeting consumer demand for convenience and longer product durability. Similarly, the preference for low-calorie sweeteners and sugar substitutes is rising due to health concerns associated with excessive sugar intake. These additives enable food manufacturers to reduce sugar content while maintaining sweetness, aligning with health-conscious consumer preferences resulting in substantial growth in the Australia food additives market.

Australia Food Additives Market Segmentation

Australia Food Additives Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Enzymes
  • Food Colourants
  • Emulsifiers
  • Food Flavours and Enhancers
  • Preservatives
  • Sweeteners and Sugar Substitutes
  • Others

Market Breakup by Source

  • Natural
  • Synthetic

Market Breakup by Application

  • Beverages
  • Bakery and Confectionery 
  • Dairy Products
  • Meat Products
  • Frozen Products
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Food Additives Market Share

Food additives are used the most in beverages as they enhance flavour, preserve freshness, improve texture, and ensure product consistency. Additives such as sweeteners, preservatives, colourants, and stabilisers are commonly used in beverages to maintain taste, appearance, and shelf life, making this category the most prevalent in the use of food additives.

CAGR 2024-2032 - Market by Region
Western Australia 4.9%
Queensland 4.2%
New South Wales 4.0%
Victoria XX%
Australian Capital Territory XX%
Others XX%

Leading Companies in the Australia Food Additives Market

The growth of the food additives market is fuelled by the increasing use of natural food additives products, growth in the consumer foodservice sector, and increasing consumption of meat and poultry products.

  • ADM Trading Australia Pty Ltd.
  • BASF SE
  • Corbion NV
  • Kerry Group plc
  • Ingredion ANZ Pty Ltd.
  • Cargill Australia Limited
  • Chr. Hansen Holding A/S
  • Others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.50% between 2024 and 2032.

Based on the type, the food additives market is bifurcated into enzymes, food colourants, emulsifiers, food flavours and enhancers, preservatives, sweeteners and sugar substitutes, and others.

Key players in the industry are ADM Trading Australia Pty Ltd., BASF SE, Corbion NV, Kerry Group plc, Ingredion ANZ Pty Ltd., Cargill Australia Limited, and Chr. Hansen Holding A/S among others.

Based on source, the food additives market is divided into natural and synthetic.

The different applications in the food additives market include beverages, bakery and confectionery, dairy products, meat products, frozen products, and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Source
  • Application
  • Region
Breakup by Type
  • Enzymes
  • Food Colourants
  • Emulsifiers
  • Food Flavours and Enhancers
  • Preservatives
  • Sweeteners and Sugar Substitutes
  • Others
Breakup by Source
  • Natural
  • Synthetic
Breakup by Application
  • Beverages
  • Bakery and Confectionery 
  • Dairy Products
  • Meat Products
  • Frozen Products
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ADM Trading Australia Pty Ltd.
  • BASF SE
  • Corbion NV
  • Kerry Group plc
  • Ingredion ANZ Pty Ltd.
  • Cargill Australia Limited
  • Chr. Hansen Holding A/S
  • Others.

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