Market Share of Japan Food Additives Industry
The Japanese Food Additives Market is fragmented with the presence of several global as well as domestic players. The major opportunity for the players to grab the market is by launching innovative solutions to cater to the inflated demand for vegan-compatible and natural food additives. The versatility and the cost of additives also play a major role in laying a heavy brand foundation. The global players have a strong hand due to their brand image and are, therefore, indulging in mergers, acquisitions, and partnerships with the local food industries to capture the country market. Moreover, rapid industrialization is also leading to the setup of many new industries that further promote the market.
Japan Food Additives Market Leaders
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Cargill Incorporated
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DuPont de Nemours, Inc.
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Tate & Lyle PLC
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Archer Daniels Midland Company
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BASF SE
*Disclaimer: Major Players sorted in no particular order