North America Food Additives Market is anticipated to be growing at a CAGR of 5.5% during the forecasted period (2020-2025).

  • The North America food additives market is largely driven by expanding processed foods market, and increasing busy lives are driving consumers toward convenience food category.
  • However, growing consumer awareness on adverse impacts of chemical additives is pressurizing the food & beverage industry to introduce natural additives category. Complex regulatory environment is another major restraint in the market.
  • Various major players opeating in the market have already abolished the use of synthetic ingredients from their offerings to cater their customers with healthy products.



Key Market Trends

Growing Demand For Specialty Ingredients

The demand for specialty food ingredients essentially thrives on the wider technological and functional benefits that these ingredients confer, in terms of high quality, safety, affordability, nutrition, and deliciousness of the processed food products. Natural, functional, and convenient products that can deliver nutritional benefits without sacrificing taste continue to tap into major trends, currently, driving the thriving healthy beverage market. Food manufactures are infusing food products with vitamins and minerals, so as to increase the heath benefits of their products. Increasing consumption of specialty food products from dietary constituents, particularly in the United States, is expected to drive the regional market during the forecast period.

United States Holds The Major Share

Consumers in the United States are leaning toward healthy food ingredients in their food products. The prevalence of obesity and diabetes in the country induces the consumers to focus on an improved lifestyle. The high demand of functional food products, due to their fortified, enriched, or enhanced food qualities, is ultimately leading to the high demand of these ingredients by in the US market.? Rising demand from various end-user industries, such as processed food, nutraceutical, and consumer good in the country, is the major factor that is expected to boost the US specialty food ingredient market over the forecast period. In addition, the growing demand for retail foods attributed by the increasing retail chains in the country has also attributed to the market growth.

Competitive Landscape

North America Food Additives market is a fragmented market with the presence of various players. The key players in the market are Cargill, Incorporated, Kerry Inc., Corbion NV, Tate & Lyle, Archer Daniels Midland Company etc. The key strategies adopted by the players to maintain a footprint in the food additives market include investments in the capacity expansion to meet the growing demand, new product launches to expand their consumer base, and partnerships/agreements/joint venture to widen their reach and increase their product distribution.

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