US Food Additives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.76 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Food Additives Market Analysis
United States Food Additives Market is forecasted to grow at a CAGR of 3.76% during the forecast period (2020-2025).
- The mature markets of North American economies constitute nearly 30% of processed food market. US accounts for more than 65% share in the North American market. With the rising ageing population and health consciousness of consumer, the American consumer id demanding healthier options.
- The market is driven by the extensive use of additives in food & beverage sector for different functioning, such aspreservative, flavor enhancer, emulsifier, sweetener, colorant, and many other functions. Also, the rising demand for convenience and packaged foods where additives are used in a higher quantity is further fueling the market growth.
US Food Additives Market Trends
This section covers the major market trends shaping the US Food Additives Market according to our research experts:
Growing Demand for Retail Food
Food retail is a highly competitive industry, in developed countries. Increased number of retailers, retail channels and formats are increasing consumer access to process and convenience foods, further increasing demand for food additives by the food & beverage industry in United States. While providing consumers with competitive price, quality and services, organized retail sector exposes consumer to label information, and quality comparison with both private labels and branded products is boosting the retail food market in United States.
Growing Demand for Sugar Substitutes
Sugar substitutes are food additives that are used to duplicate the effect of sugar in taste, usually with less food energy. The majority of sugar substitutes approved for food use are artificially-synthesized compounds. However, some bulk natural sugar substitutes are known, including sorbitol and xylitol, which are found in berries, fruit, vegetables, and mushrooms. Sugar substitutes like stevia, aspartame, sucralose, neotame, acesulfame potassium, and saccharin. are approved by USDA and are categorized under GRAS in the North American region.
US Food Additives Industry Overview
The strategies being adopted in the Food additives industry is in the Innovation category under the development of natural food additives and functional food ingredients to meet the customer demand. Some of the major market players in the united states food additives market are Cargill, Incorporated, Kerry Inc., Corbion NV, Tate & Lyle, Archer Daniels Midland Company among others.
US Food Additives Market Leaders
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Cargill Inc
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Tate & Lyle Plc
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Archer Daniels Midland(ADM)
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DSM
*Disclaimer: Major Players sorted in no particular order
US Food Additives Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Preservatives
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5.1.2 Sweetener
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5.1.3 Sugar Substitutes
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5.1.4 Emulsifier
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5.1.5 Anti-Caking Agents
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5.1.6 Enzymes
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5.1.7 Hydrocolloids
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5.1.8 Food Flavors and Enhancers
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5.1.9 Food Colorants
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5.1.10 Acidulants
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5.2 Application
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5.2.1 Confectionery
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5.2.2 Bakery Products
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5.2.3 Dairy & Frozen Food
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5.2.4 Beverages
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5.2.5 Meat, Poultry, and Sea Food
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Cargill, Incorporated
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6.4.2 Kerry Inc.
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6.4.3 Corbion NV
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6.4.4 Tate & Lyle
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6.4.5 Archer Daniels Midland Company
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6.4.6 Dupont- Danisco
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6.4.7 Novozymes
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6.4.8 Koninklijke DSM N.V.
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
US Food Additives Industry Segmentation
United States Food Additives Market is segmented by type and application. On the basis of type, the market is segmented into preservatives, sweeteners, hydrocolloids, food colorants, sugar substitutes, emulsifier, anti-caking agents, enzymes, food flavors and enhancers, and acidulants. On the basis ofapplication, the market is segmented into confectionery, dairy & frozen, bakery, meat, poultry, and sea food, beverages, and others.
Type | |
Preservatives | |
Sweetener | |
Sugar Substitutes | |
Emulsifier | |
Anti-Caking Agents | |
Enzymes | |
Hydrocolloids | |
Food Flavors and Enhancers | |
Food Colorants | |
Acidulants |
Application | |
Confectionery | |
Bakery Products | |
Dairy & Frozen Food | |
Beverages | |
Meat, Poultry, and Sea Food | |
Others |
US Food Additives Market Research FAQs
What is the current United States Food Additives Market size?
The United States Food Additives Market is projected to register a CAGR of 3.76% during the forecast period (2024-2029)
Who are the key players in United States Food Additives Market?
Cargill Inc, Tate & Lyle Plc, Archer Daniels Midland(ADM) and DSM are the major companies operating in the United States Food Additives Market.
What years does this United States Food Additives Market cover?
The report covers the United States Food Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Food Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
United States Food Additives Industry Report
Statistics for the 2024 United States Food Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United States Food Additives analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.