Market Share of Europe Food Additives Industry
The European food additive market is highly competitive. It has a large number of domestic and multinational players competing for market share and innovation in products being a major strategic approach adopted by leading players. Additionally, merger, expansion, acquisition, and partnership with other companies are the common strategies to enhance the company presence and boost the market. For instance, in March 2017, Tate & Lyle partnered with Sweet Green Fields to develop and distribute new stevia ingredients globally. Sweet Green Fields already supplies more than 18 stevia ingredients and has its manufacturing facility in China. Key players dominating the regional market include Cargill Incorporated, Kerry Inc., ADM, Tate & Lyle PLC, Corbion, Associated British Foods PLC, and BASF SE.
Europe Food Additives Market Leaders
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Cargill, Incorporated
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Kerry Inc
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ADM
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Tate & Lyle PLC
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Corbion
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Associated British Foods plc
*Disclaimer: Major Players sorted in no particular order