Market Size of United States Food Additives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.76 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Food Additives Market Analysis
United States Food Additives Market is forecasted to grow at a CAGR of 3.76% during the forecast period (2020-2025).
- The mature markets of North American economies constitute nearly 30% of processed food market. US accounts for more than 65% share in the North American market. With the rising ageing population and health consciousness of consumer, the American consumer id demanding healthier options.
- The market is driven by the extensive use of additives in food & beverage sector for different functioning, such aspreservative, flavor enhancer, emulsifier, sweetener, colorant, and many other functions. Also, the rising demand for convenience and packaged foods where additives are used in a higher quantity is further fueling the market growth.
