
North America Food Additives Preservatives, Sweeteners, Hydrocolloids, Colorants, others) Market 2015-2020
DUBLIN, Sept. 29, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/b3ncnn/north_america) has announced the addition of the "North America Food Additives Market - Segmented by Type (Preservatives, Sweeteners, Hydrocolloids, Colorants, others), Application (Dairy & Frozen, bakery, Meat products, Beverages, Confectionary, others) & Geography" report to their offering.
Food additives which are used to enhance the taste, color, texture of food, same time maintaining the freshness and nutritional content, are expected to cross more than US$ 13 billion by 2020 by value in North America, with an estimated CAGR of 5.2%.
The North American retail and food service market which grossed sales of US $1 billion in 2013 is a major driver for the food additives market driven majorly by increased consumer's exposure to packaged food and beverages. Another driver in the food additives market is the growing supply chain complexities/inefficiencies in the food and beverage industry - transportation costs, last mile reach for food products, storage facilities, as a part of companies' expansion strategies are growing, which is increasing the complexities in the farm to fork value chain. This emphasized on the use of food additives to reduce the spoilage and wastage costs.
A key restrain in the market is rising awareness on the ill effects of synthetic additives and the complex US regulatory structure. Several of food additives banned outside North America are approved by US FDA.
The major players in the market are Cargill, Tate & Lyle, Palsgaard, DuPont, DSM, Givaudan, Brenntag, Novozymes, International Flavors and Fragrances, etc.
Key Topics Covered:
1. Introduction
2. Key Findings
3. Regulatory Framework
4. Market Overview & Dynamics
5. Porter's Five Forces Analysis
6. Market Segmentation by Type
7. Competitive Landscape Overview
8. Company Profiles
- Brenntag
- Cargill
- DSM
- DuPont
- Givaudan
- International Flavors and Fragrances
- Novozymes
- Palsgaard
- Tate & Lyle
For more information visit http://www.researchandmarkets.com/research/b3ncnn/north_america
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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