US Food Additives Market cover

US Food Additives Market by Types (Preservatives, Sweeteners, Hydrocolloids, Food Colorants, Sugar Substitutes, Emulsifier, Anti-Caking Agents, Enzymes, Food Flavors and Enhancers, and Acidulants) and Applications (Confectionery, Dairy & Frozen, bakery, Meat, Poultry, and Sea Food, Beverages, and Others) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-1719
  • Author: Growth Market Reports
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  • No. Of Pages: 193
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The US food additives market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing geriatric population.

Food additives are chemicals or components that are added to food to improve taste, flavor, color, nutritional quality, texture, and preservation properties. Food producers are their primary end-users, while fast food, packaged food, and beverages are the most common application categories for food additives. Natural food additives may be extracted or chemical compounds can be manufactured to make food additives.

US Food Additives Market summary

Nearly 30% of the processed food business is made up of established markets in North American economies. The United States controls more than 65 per cent of the North American market. Sugar substitutes are food additives that are used to replicate the taste of sugar while consuming less energy. Artificially produced chemicals make up the bulk of sugar replacements authorized for use in food. However, certain natural sugar replacements such as sorbitol and xylitol, which may be found in berries, fruits, vegetables, and mushrooms, are well-known. In industrialized nations, food retail is a fiercely competitive sector. Increased consumer access to processed and convenience foods is raising the demand for food additives in the food and beverage sector in the United States, thanks to an increase in the number of shops, retail channels, and formats. While offering consumers competitive prices, quality, and services, the organized retail sector exposes consumers to label information, and quality comparisons with both private labels and branded products are increasing the US retail food industry.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing health awareness and concerns are expected to boost market growth during the forecast period.
  • Increasing usage of additives in the food and beverage industry for various functions such as preservatives, flavor enhancers, emulsifiers, sweeteners, colorants, and other functions is anticipated to drive market expansion in the coming years.
  • Growing desire for convenience and packaged goods, which include more additives, is estimated to propel the market growth during the forecast period.
  • Low solubility and high cost of natural food additives are projected to hinder market expansion.

Scope of the Report

The report on the US food additives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

US Food Additives Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Preservatives, Sweeteners, Hydrocolloids, Food Colorants, Sugar Substitutes, Emulsifier, Anti-Caking Agents, Enzymes, Food Flavors and Enhancers, and Acidulants) and Applications (Confectionery, Dairy & Frozen, bakery, Meat, Poultry, and Sea Food, Beverages, and Others)

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Cargill, Incorporated; Kerry Inc.; Corbion NV; Tate & Lyle; and Archer Daniels Midland Company

 

Market Segment Insights

Sugar substitutes segment is projected to account for a major market share

On the basis of types, the US food additives market is divided into preservatives, sweeteners, hydrocolloids, food colorants, sugar substitutes, emulsifiers, anti-caking agents, enzymes, food flavors and enhancers, and acidulants. The sugar substitutes segment is expected to account for a key share of the market in the coming years due to rising customer demand for sugar-free products.

US Food Additives Market types

Beverages segment is expected to register at a rapid pace

In terms of applications, the US food additives market is bifurcated into confectionery, dairy & frozen, bakery, meat, poultry, and sea food, beverages, and others. The beverages segment is expected to account for a key share of the market during the forecast period due to the increasing availability of processed and convenience drinks to consumers.

US Food Additives Market application

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Additives Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Additives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Additives Market - Supply Chain
  4.5. Global Food Additives Market Forecast
     4.5.1. Food Additives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Additives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Food Additives Market Absolute $ Opportunity
5. Global Food Additives Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Food Additives Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Food Additives Demand Share Forecast, 2019-2026
6. North America Food Additives Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Food Additives Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Food Additives Demand Share Forecast, 2019-2026
7. Latin America Food Additives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Food Additives Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Food Additives Demand Share Forecast, 2019-2026
8. Europe Food Additives Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Food Additives Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Food Additives Demand Share Forecast, 2019-2026
9. Asia Pacific Food Additives Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Food Additives Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Food Additives Demand Share Forecast, 2019-2026
10. Middle East & Africa Food Additives Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Food Additives Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Food Additives Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Food Additives Market: Market Share Analysis
  11.2. Food Additives Distributors and Customers
  11.3. Food Additives Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Cargill, Incorporated
     11.4.2. Kerry Inc.
     11.4.3. Corbion NV
     11.4.4. Tate & Lyle
     11.4.5. Archer Daniels Midland Company

Segments Covered in the Report

The global US food additives market has been segmented on the basis of

Types

  • Preservatives
  • Sweeteners
  • Hydrocolloids
  • Food Colorants
  • Sugar Substitutes
  • Emulsifier
  • Anti-Caking Agents
  • Enzymes
  • Food Flavors and Enhancers
  • Acidulants

Applications

  • Confectionery
  • Dairy & Frozen
  • Bakery
  • Meat
  • Poultry
  • Sea Food
  • Beverages
  • Others

Key Players

  • Cargill, Incorporated
  • Kerry Inc.
  • Corbion NV
  • Tate & Lyle
  • Archer Daniels Midland Company

Key players competing in the global US food additives market include Cargill, Incorporated; Kerry Inc.; Corbion NV; Tate & Lyle; and Archer Daniels Midland Company.

US Food Additives Market keyplayers

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