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Base Year
Historical Year
Forecast Year
Value in AUD million
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% |
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 Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Source
Market Breakup by Application
Market Breakup by Region
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% |
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.
*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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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.
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.
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:
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Breakup by Type |
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Breakup by Source |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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