Food & Beverage Market Research News

North America food additives market is projected to reach USD 17.30 billion by 2021

North America food additives market is projected to reach USD 17.30 billion by 2021

The North America Food Additives market has been estimated at USD 13.37 Billion in 2016 and is projected to reach USD 17.30 Billion by 2021, at a CAGR of 5.30% during the forecast period from 2016 to 2021.

- Advertising -

 Food additiveis 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.

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.

- Advertising -

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.

Get a comprehensive overview of the North America Food Additives market: www.marketdataforecast.com/market-…ives-market-1518/

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.

Get accurate market forecast and analysis on the North America Food Additives market Request a sample to stay up-to-date on the main trends affecting this market:
www.marketdataforecast.com/market-…18/request-sample

Geographically, North America market for Food Additives is segmented into U.S. and Canada. 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.

E.I. DuPont , Archer Daniels Midland Company, Cargill, Incorporated, CHR. Hansen Holding A/S, Kerry Group Plc, and BASF SE are the major players of North America Food Additives market.

Enquire about [email protected] www.marketdataforecast.com/market-…rket-1518/inquire

News From

Market Data Forecast - market research, business intelligence and consultingMarket Data Forecast
Category: Market Research Publishers and RetailersCompany profile: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extens ...