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Pulished Date April, 2021
ID: 1439
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North America Food Additives Market By Type (Acidulants, Anti-caking Agents, Colors, Emulsifiers, Enzymes, Flavors, Hydrocolloids, Preservatives, Sweeteners), By Source (Natural, Synthetic), By Application (Bakery & Confectionery, Beverages, Convenience Foods, Dairy & Frozen Desserts, Spices & Condiments, Sauces & Dressings) And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2021-2026)

Pulished: April, 2021
ID: 1439
Pages: 140

North America Food Additives Market Growth and Forecast (2021-2026):

North America Food Additives Market has been estimated at USD 14.95 Billion in 2021 and is projected to reach USD 19.36 Billion by 2026, at a CAGR of 5.30% during the forecast period from 2021 to 2026.

Market Overview:

Food additive is incorporated in a finished product to improve protection against harmful bacteria and other kinds of microbes to prolong shelf life. It also imparts characteristics such as flavor, color, and taste in foodstuff and increase its nutritional content.

Drivers and Restraints:

The market for Food additives in North America is mainly driven due to growing demand for packaged products including ready-to-eat meals, appetizers and frozen meals, which is resulting in manufacturers increasing their production capacity. But, the market growth is regulated due to U.S. regulatory providing stringent laws to determine the safe additives, and also on the amount of consumption and quality on the food grade used in the additives.

North America Food Additives Market Segmentation Analysis:

North America market for Food Additives is segmented based on type, source and application. By type, the market is further sub-segmented into Acidulants, Anti-caking agents, Colors, Emulsifiers, Enzymes, Flavors, Hydrocolloids, Preservatives, Sweeteners. By Source, the market is further sub-segmented into Natural and Synthetic.  By Application, the market is further sub-segmented into Bakery & confectionery, Beverages, Convenience foods, Dairy & frozen desserts, Spices & condiments, sauces & dressings. The flavors segment accounts for the largest market share followed by the sweeteners segment in the market by type. The demand for food additives in beverages accounted for the largest share, while the sauces, dressings, spices, condiments segment is projected to be the fastest-growing segments.

Region Analysis:

Geographically the North America Food Additives Market is segmented into US, Canada and Rest of North America. North America is the biggest market in terms of market share across the globe. North America has increased distribution and transportation of food products which requires high usage of food additives, thus, furthering the increase of trade for food additives.

Key Players in the Market:

Major Key Players in the North America Food Additives Market are

  • E.I. DuPont
  • Archer Daniels Midland Company
  • Cargill, Incorporated
  • CHR. Hansen Holding A/S
  • Kerry Group Plc
  • BASF SE

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 By Type                        

                                5.1.1 Acidulants

                                5.1.2 Anti-caking agents               

                                5.1.3 Colors        

                                5.1.4 Emulsifiers              

                                5.1.5 Enzymes  

                                5.1.6 Flavors      

                                5.1.7 Hydrocolloids         

                                5.1.8 Preservatives         

                                5.1.9 Sweeteners            

                5.2 By Source                    

                                5.2.1 Natural     

                                5.2.2 Synthetic 

                5.3 By Application                           

                                5.3.1 Bakery & confectionery     

                                5.3.2 Beverages               

                                5.3.3 Convenience foods             

                                5.3.4 Dairy & frozen desserts     

                                5.3.5 Other Applications               

6. Geographical Analysis                                              

                                6.1 Introduction               

                                6.2 United States            

                                6.3 Canada         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services  

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 E.I. DuPont                 

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Archer Daniels Midland Company                     

                8.3 Cargill, Incorporated                               

                8.4 CHR. Hansen Holding A/S                     

                8.5 Kerry Group Plc                        

                8.6 BASF SE                        

                8.7 Evonik Industries AG                              

                8.8 Tate & Lyle PLC                         

                8.9 Chr. Hansen Holding A/S                       

                8.10 Novozymes A/S                     

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures

                9.4 New Product Launches                         

10.  Market Outlook & Investment Opportunities            

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Type, Source, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. North America Food Additives Market By Region, From 2021-2026 (USD Billion)
  2. North America Food Additives Market By Type, From 2021-2026 (USD Billion)
  3. North America Food Acidulants Market By Region, From 2021-2026 (USD Billion)
  4. North America Food Anti-caking agents Market By Region, From 2021-2026 (USD Billion)
  5. North America Food Colors Market By Region, From 2021-2026 (USD Billion)
  6. North America Food Emulsifiers Market By Region, From 2021-2026 (USD Billion)
  7. North America Food Enzymes Market By Region, From 2021-2026 (USD Billion)
  8. North America Food Flavors Market By Region, From 2021-2026 (USD Billion)
  9. North America Food Hydrocolloids Market By Region, From 2021-2026 (USD Billion)
  10. North America Food Preservatives Market By Region, From 2021-2026 (USD Billion)
  11. North America Food Sweeteners Market By Region, From 2021-2026 (USD Billion)
  12. North America Food Additives Market By Source, From 2021-2026 (USD Billion)
  13. North America Natural Food Additives Market By Region, From 2021-2026 (USD Billion)
  14. North America Synthetic Food Additives Market By Region, From 2021-2026 (USD Billion)
  15. North America Food Additives Market By Application, From 2021-2026 (USD Billion)
  16. North America Bakery & confectionery Food Additives Market By Region, From 2021-2026 (USD Billion)
  17. North America Beverages Food Additives Market By Region, From 2021-2026 (USD Billion)
  18. North America Convenience foods Food Additives Market By Region, From 2021-2026 (USD Billion)
  19. North America Dairy & frozen desserts Food Additives Market By Region, From 2021-2026 (USD Billion)
  20. North America Spices & condiments Food Additives Market By Region, From 2021-2026 (USD Billion)
  21. North America Sauces & dressings Food Additives Market By Region, From 2021-2026 (USD Billion)

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