North America Food Additives Market Size (2024 - 2029)

The North American food additives market is experiencing growth driven by increased demand for innovative snack products and immunity-boosting ingredients, a trend accelerated by the COVID-19 pandemic. The shift towards natural additives, influenced by consumer preferences for healthful attributes, is reshaping the market landscape, despite the dominance of chemical preservatives. The regulatory environment poses challenges, but the rising demand for meat and poultry products is expected to further propel the market's expansion.

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Market Size of North America Food Additives Industry

North America Food Additives Market - Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.50 %
Market Concentration Low

Major Players

North America Food Additives Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Food Additives Market Analysis

The North American food additives market is anticipated to record a CAGR of 5.5% during the forecasted period (2022-2027).

The COVID-19 pandemic resulted in many opportunities for several private players to emerge in the market to cater to the inflated demand for food products, which, in turn, benefitted the additive manufacturers. The need for innovative snack products was consistently high in developed countries like the United States due to the convenience of storing, usage, and rapid provision of nutrition and energy on consumption. Also, immunity was one of the popular trends. Immunity-boosting ingredients, particularly turmeric, elderberry, echinacea, citrus, and berry flavors, perform well with those looking for a quick fix in their diet. For instance, elderberry was among the flavors consumed increasingly during the pandemic as it is known to boost immunity. Thus, the market saw growth even during the pandemic. The staple trend of natural ingredients became more pronounced as the COVID-19 pandemic prompted consumers to opt for more natural additives associated with perceived healthful attributes.

The market was led by chemical preservatives, such as benzoates, nitrites, and propionates. However, growing consumer awareness of the adverse impacts of chemical additives is pressurizing the food and beverage industry to introduce natural additives. A complex regulatory environment is another major restraint in the market.

Rising demand for meat and poultry products is expected to boost growth. Manufactures such as Corbion NV use vinegar and jasmine extract as an anti-oxidant and citrus powder to prevent moisture migration of the product.

North America Food Additives Industry Segmentation

Food additives are substances added to food to maintain or improve its safety, freshness, taste, texture, or appearance. The North American food additives market is segmented by type, application, and geography. For each segment, the market sizing and forecast have been done based on value (in USD million).

By Type
Preservatives
Sweeteners
Sugar Substitutes
Emulsifiers
Anti-caking Agents
Enzymes
Hydrocolloids
Food Flavors and Enhancers
Food Colorants
Acidulants
By Application
Confectionery
Bakery Products
Dairy and Frozen Food
Meat, Poultry, and Sea Food
Other Applications
By Geography
United States
Canada
Mexico
Rest of North America
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North America Food Additives Market Size Summary

The North American food additives market is experiencing a dynamic shift, driven by evolving consumer preferences and industry innovations. The COVID-19 pandemic acted as a catalyst, increasing demand for food products and subsequently benefiting additive manufacturers. Consumers in developed regions, particularly the United States, have shown a growing inclination towards innovative snack products that offer convenience and nutritional benefits. The trend towards immunity-boosting ingredients, such as turmeric and elderberry, gained traction during the pandemic, highlighting a broader shift towards natural additives perceived as healthful. Despite the dominance of chemical preservatives, there is a significant push towards natural alternatives due to rising consumer awareness of the potential adverse effects of chemical additives. This shift is further supported by the increasing demand for specialty food ingredients, which offer technological and functional benefits, enhancing the quality, safety, and nutritional value of processed foods.

The market landscape is characterized by a fragmented structure with key players like Cargill Incorporated, Kerry Inc., and Archer Daniels Midland Company actively engaging in strategies such as capacity expansion, new product launches, and strategic partnerships to strengthen their market presence. The demand for functional food products is on the rise, driven by the need for fortified and enhanced food qualities, particularly in the United States, where health concerns like obesity and diabetes are prevalent. The growing retail food sector, fueled by the expansion of retail chains, is expected to further propel market growth. Recent industry developments, such as the merger of International Flavors & Fragrances with DuPont's Nutrition and Biosciences Business, underscore the competitive nature of the market and the ongoing efforts to consolidate and expand market share.

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North America Food Additives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Preservatives

      2. 2.1.2 Sweeteners

      3. 2.1.3 Sugar Substitutes

      4. 2.1.4 Emulsifiers

      5. 2.1.5 Anti-caking Agents

      6. 2.1.6 Enzymes

      7. 2.1.7 Hydrocolloids

      8. 2.1.8 Food Flavors and Enhancers

      9. 2.1.9 Food Colorants

      10. 2.1.10 Acidulants

    2. 2.2 By Application

      1. 2.2.1 Confectionery

      2. 2.2.2 Bakery Products

      3. 2.2.3 Dairy and Frozen Food

      4. 2.2.4 Meat, Poultry, and Sea Food

      5. 2.2.5 Other Applications

    3. 2.3 By Geography

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of North America

North America Food Additives Market Size FAQs

The North America Food Additives Market is projected to register a CAGR of 5.5% during the forecast period (2024-2029)

Cargill Incorporated, Tate & Lyle, DuPont, Archer Daniels Midland Company and Novozymes AS are the major companies operating in the North America Food Additives Market.

North America Food Additives Report Snapshots

North America Food Additives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)