The North America Food Additives Market would witness market growth of 4.5% CAGR during the forecast period (2021-2027).
In many types of processed beverages, food additives are employed as antioxidants, anti-foaming, gelling, glazing, and bulking agents, emulsifiers, flavor enhancers, stabilizers, thickeners, sweeteners, and humectants. Additionally, they are usually found in bakeries and confectionery, as well as nutritive products, meat, dairy, and frozen desserts, sauces, and dressings. Moreover, some of the key trends of the market are rising packaged eatable demand for products such as ready-to-eat handy foods, ready-to-eat meals, cake mixes, snacks, and frozen dinners as a result of rising disposable income and changing lifestyles.
Food Additives are used in a variety of food products, including bakery and confectionery, drinks, dairy, and frozen desserts, spices, condiments, sauces and dressings, and others, due to their property-enhancing qualities. The demand for Food Additives is expected to be driven by rising population and food requirements, as well as changing lifestyles and preferences for packaged foods. Furthermore, the increased number of working women around the world is another reason driving up packaged food demand.
Demand for confectionery and beverage goods is predicted to rise in North America as a result of a hectic lifestyle, greater urbanization, and a developing retail and hospitality sector. In the United States, consumers' desire for a plant-based diet and their willingness to pay extra for clean-label items have boosted consumption of natural-ingredient foods and beverages. Ventura Foods, LLC, based in the United States, debuted new plant-based and dairy-free salad dressings under Marie's brand in May 2021. In the United States, the product is likely to appeal to vegans. Similarly, the US Food and Drug Administration (FDA) approved plant-based Epogee oil, namely Esterified Propoxy late Glycerol (EPG) fat replacer, for use in a variety of food applications in June 2020. Moreover, consumers' current preference for low-calorie, low-sugar foods and beverages is consequently encouraging market expansion
The US market dominated the North America Food Additives Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $26,981.1 million by 2027. The Canada market is anticipated to grow at a CAGR of 6.9% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 6% during (2021 - 2027).
Based on Source, the market is segmented into Natural and Synthetic. Based on Product, the market is segmented into Sweeteners, Flavors & Enhancers, Emulsifiers & Shelf-life Stabilizers, Enzymes, Fat Replacers, Prebiotics & Probiotics, Dietary Fibers, and Others. Based on Application, the market is segmented into Bakery & confectionery, Beverages, Convenience Foods, Dairy & Frozen Desserts, Spices, Condiments, Sauces & Dressings, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Food Additives Market is Estimated to reach $135.2 Billion by 2027, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Kerry Group PLC, Novozymes A/S, Archer Daniels Midland Company, International Flavors & Fragrances, Inc., Ingredion, Incorporated, Tate & Lyle PLC, Ajinomoto Co. Inc., Chr. Hansen holding A/S, and Cargill Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Source
By Product
- Sweeteners
- Flavors & Enhancers
- Emulsifiers & Shelf-life Stabilizers
- Enzymes
- Fat Replacers
- Prebiotics & Probiotics
- Dietary Fibers
- Others
By Application
- Bakery & confectionery
- Beverages
- Convenience Foods
- Dairy & Frozen Desserts
- Spices, Condiments, Sauces & Dressings
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Kerry Group PLC
- Novozymes A/S
- Archer Daniels Midland Company
- International Flavors & Fragrances, Inc.
- Ingredion, Incorporated
- Tate & Lyle PLC
- Ajinomoto Co. Inc.
- Chr. Hansen holding A/S
- Cargill Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Food Additives Market, by Source
1.4.2 North America Food Additives Market, by Product
1.4.3 North America Food Additives Market, by Application
1.4.4 North America Food Additives Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2017, Oct – 2021, Nov) Leading Players
Chapter 4. North America Food Additives Market by Source
4.1 North America Natural Market by Country
4.2 North America Synthetic Market by Country
Chapter 5. North America Food Additives Market by Product
5.1 North America Sweeteners Market by Country
5.2 North America Flavors & Enhancers Market by Country
5.3 North America Emulsifiers & Shelf-life Stabilizers Market by Country
5.4 North America Enzymes Market by Country
5.5 North America Fat Replacers Market by Country
5.6 North America Prebiotics & Probiotics Market by Country
5.7 North America Dietary Fibers Market by Country
5.8 North America Others Market by Country
Chapter 6. North America Food Additives Market by Application
6.1 North America Bakery & confectionery Market by Country
6.2 North America Beverages Market by Country
6.3 North America Convenience Foods Market by Country
6.4 North America Dairy & Frozen Desserts Market by Country
6.5 North America Spices, Condiments, Sauces & Dressings Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Food Additives Market by Country
7.1 US Food Additives Market
7.1.1 US Food Additives Market by Source
7.1.2 US Food Additives Market by Product
7.1.3 US Food Additives Market by Application
7.2 Canada Food Additives Market
7.2.1 Canada Food Additives Market by Source
7.2.2 Canada Food Additives Market by Product
7.2.3 Canada Food Additives Market by Application
7.3 Mexico Food Additives Market
7.3.1 Mexico Food Additives Market by Source
7.3.2 Mexico Food Additives Market by Product
7.3.3 Mexico Food Additives Market by Application
7.4 Rest of North America Food Additives Market
7.4.1 Rest of North America Food Additives Market by Source
7.4.2 Rest of North America Food Additives Market by Product
7.4.3 Rest of North America Food Additives Market by Application
Chapter 8. Company Profiles
8.1 BASF SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations, and Agreements:
8.1.1.2 Acquisition and Mergers:
8.2 Kerry Group PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.3 Novozymes A/S
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Archer Daniels Midland Company
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.5.2 Geographical Expansions:
8.5 International Flavors & Fragrances, Inc. (DuPont Nutrition)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Ingredion, Incorporated
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers:
8.7 Tate & Lyle PLC
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.8 Ajinomoto Co., Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental & Regional Analysis
8.8.4 Research & Development Expenses
8.9 Chr. Hansen Holding A/S
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisitions and Mergers:
8.10. Cargill Corporation
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Acquisition and Mergers:
TABLE 1 North America Food Additives Market, 2017 - 2020, USD Million
TABLE 2 North America Food Additives Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Food Additives Market
TABLE 4 Product Launches And Product Expansions– Food Additives Market
TABLE 5 Acquisition and Mergers– Food Additives Market
TABLE 6 Geographical Expansions – Food Additives Market
TABLE 7 North America Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 8 North America Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 9 North America Natural Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Natural Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Synthetic Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Synthetic Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 14 North America Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 15 North America Sweeteners Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Sweeteners Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Flavors & Enhancers Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Flavors & Enhancers Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Emulsifiers & Shelf-life Stabilizers Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Emulsifiers & Shelf-life Stabilizers Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Enzymes Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Enzymes Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Fat Replacers Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Fat Replacers Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Prebiotics & Probiotics Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Prebiotics & Probiotics Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Dietary Fibers Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Dietary Fibers Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 32 North America Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 33 North America Bakery & confectionery Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Bakery & confectionery Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Beverages Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Beverages Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Convenience Foods Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Convenience Foods Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Dairy & Frozen Desserts Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Dairy & Frozen Desserts Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Spices, Condiments, Sauces & Dressings Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Spices, Condiments, Sauces & Dressings Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 45 North America Food Additives Market by Country, 2017 - 2020, USD Million
TABLE 46 North America Food Additives Market by Country, 2021 - 2027, USD Million
TABLE 47 US Food Additives Market, 2017 - 2020, USD Million
TABLE 48 US Food Additives Market, 2021 - 2027, USD Million
TABLE 49 US Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 50 US Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 51 US Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 52 US Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 53 US Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 54 US Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 55 Canada Food Additives Market, 2017 - 2020, USD Million
TABLE 56 Canada Food Additives Market, 2021 - 2027, USD Million
TABLE 57 Canada Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 58 Canada Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 59 Canada Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 60 Canada Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 61 Canada Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 62 Canada Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 63 Mexico Food Additives Market, 2017 - 2020, USD Million
TABLE 64 Mexico Food Additives Market, 2021 - 2027, USD Million
TABLE 65 Mexico Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 66 Mexico Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 67 Mexico Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 68 Mexico Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 69 Mexico Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 70 Mexico Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 71 Rest of North America Food Additives Market, 2017 - 2020, USD Million
TABLE 72 Rest of North America Food Additives Market, 2021 - 2027, USD Million
TABLE 73 Rest of North America Food Additives Market by Source, 2017 - 2020, USD Million
TABLE 74 Rest of North America Food Additives Market by Source, 2021 - 2027, USD Million
TABLE 75 Rest of North America Food Additives Market by Product, 2017 - 2020, USD Million
TABLE 76 Rest of North America Food Additives Market by Product, 2021 - 2027, USD Million
TABLE 77 Rest of North America Food Additives Market by Application, 2017 - 2020, USD Million
TABLE 78 Rest of North America Food Additives Market by Application, 2021 - 2027, USD Million
TABLE 79 Key Information – BASF SE
TABLE 80 Key Information – Kerry Group PLC
TABLE 81 key Information – Novozymes A/S
TABLE 82 key Information – Archer Daniels Midland Company
TABLE 83 key Information – International Flavors & Fragrances, Inc.
TABLE 84 Key Information – Ingredion, Incorporated
TABLE 85 Key Information – Tate & Lyle PLC
TABLE 86 Key information – Ajinomoto Co., Inc.
TABLE 87 Key Information – Chr. Hansen Holding A/S
TABLE 88 Key Information – Cargill Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2017, Oct – 2021, Nov) Leading Players
FIG 5 Recent strategies and developments: BASF SE
FIG 6 Recent strategies and developments: Novozymes A/S
FIG 7 Recent strategies and developments: Archer Daniels Midland Company
FIG 8 Recent strategies and developments: Ingredion, Incorporated
FIG 9 Recent strategies and developments: Tate & Lyle PLC
FIG 10 Recent strategies and developments: Cargill Corporation