The U.S.
ingredients market is anticipated to reach USD 42.6 billion by 2025,
according to a new report by Grand View Research, Inc. Shift in consumer
preferences towards environment-friendly and natural products has forced the
ingredient manufacturers to focus more on research & development of
naturally extracted, with minimum processing and nutrient rich ingredients.
To fulfill the evolving product demand along with
compliance to stringent regulatory frameworks in the U.S., manufacturers have
been focusing majorly in technological development, such as the
enzyme-catalyzed technology. The main advantage of this process is that it
produces minimal wastage during product processing. Another instance would be
introduction of the micro-encapsulation technology, a novel process designed
and triggered for the enhancement of constituents’ shelf-life and influence of
these products on the finished products.
The regulatory trends are more favorable for the
natural and green ingredients in comparison to the synthetic ones. The major
concern in the region is regarding the formulation process of organic raw
materials with the minimal utilization of petrochemicals, adhering to the
regulatory requirements.
The industrial ingredients were the largest end-use
category in 2015 and is expected to grow at a CAGR of over 4.0% from 2016 to
2025. Significant requirements from metalworking fluids, specialty coatings,
and lubricant additives sectors have contributed to the market penetration in
the sector.
Browse full research report on U.S. Ingredient
Further
key findings from the report suggest:
- The U.S. natural packaged food & bakery ingredient market
accounted for around 68% market share in 2015. The segment is anticipated
to gain substantial share in the next nine years owing to growing health
awareness and change in bakery and packaged food consumption trends in the
region.
- In the homecare segment, specialty natural ingredients market is
expected to reach USD 276 million by 2025 with a projected growth rate of
5.8% over the forecast period. High demand for customized chemicals such
as rheology modifiers and various novel detergent blends which are
utilized during manufacturing different natural home care products.
- Shift in the consumption trends towards natural and allergen free
products is projected to propel the natural ingredients segment in the
personal care market over the forecast period. The segment generated
revenue exceeding worth USD 1,950 million in 2015.
- Key players including BASF, DuPont, PPG Industries, Sherwin
Williams, Arkema, Evonik and Ashland Inc. account for approximately 48% of
sales value in the region. Acquisitions continue to concentrate on the
manufacturing and the supplier base.
- Some of the recent launches in the market include BASF’s 10% Beta
Carotene Colorant, a novel ingredient for nutrition-rich, food &
beverage end use products. The company has developed this product
specially targeting formulators that are in search for a replacement for
Azo dyes yellow 5 and 6 in soups, beverages, and nutrition &
confections products.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
Grand
View Research has segmented the U.S. ingredients market on the basis of end-use:
U.S.
Ingredients End-Use Outlook (USD Million, 2014 - 2025)
- Packaged food
& bakery
- Natural
- Base/Filler
- Oleochemical
based
- Carbohydrate
based
- Protein
based
- Others
- Specialty
Ingredients
- Oleochemical
based
- Carbohydrate
based
- Protein
based
- Others
- Synthetic
Ingredients
- Homecare
- Natural
- Base/Filler
- Oleochemical
based
- Carbohydrate
based
- Protein
based
- Others
- Specialty
Ingredients
- Oleochemical
based
- Carbohydrate
based
- Protein
based
- Others
- Synthetic
Ingredients
- Personal care
- Natural
- Base/Filler
- Oleochemical
based
- Carbohydrate
based
- Protein
based
- Others
- Specialty
Ingredients
- Oleochemical
based
- Carbohydrate
based
- Protein
based
- Others
- Synthetic
Ingredients
- Industrial
- Natural
- Base/Filler
- Oleochemical
based
- Carbohydrate
based
- Protein
based
- Others
- Specialty
Ingredients
- Oleochemical
based
- Carbohydrate
based
- Protein
based
- Others
- Synthetic
Ingredients
- Others
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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