(Entertainment-NewsWire.com, May 22, 2017 ) According to the report North America Food Additives Market published by Market Data Forecast, the North America market projected to reach USD 17.30 billion by 2021, at a CGSR of 5.30% from 2016 to 2021.
Food additive is incorporated in a finished product to improve protection against harmful bacteria and other kinds of harmful microbes to prolong shelf life. It also imparts characteristics such as taste, color, and flavor in foodstuff and increases its nutritional content.
The market for Food additives in North America is mainly driven due to growing demand for appetizers and frozen meals, packaged products including ready-to-eat meals, which is resulting in manufacturers increasing their production capacity. But, the market growth is constrained due to U.S. regulatory providing stringent laws on to determine the safe additives, on the amount of consumption and quality on the food grade used in the additives.
3) Based on Application: Bakery & confectionery Beverages Convenience foods Dairy & frozen desserts Other Applications
The key players in this market are E.I. DuPont, Kerry Group Plc, Archer Daniels Midland Company, Cargill, Incorporated, CHR. Hansen Holding A/S, and BASF SE
The North America Food Additives Market study offers the following deliverables:
• North America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the North America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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