U.S. Dominated the North American Food & Beverages Texturants Market in 2014

Date: 2015-08-12

The North American food & beverages texturants market is estimated to witness a CAGR of 5.3% during the forecast period, 2014 to 2019. The North American food & beverages texturants market is leading the global food & beverages texturants market owing to the increased technological advancements in the North American region. This remarkable technological progression in the field of food processing is fueling the growth of the North American food & beverages texturants market, which has led to the production of better quality food & beverages texturants in desirable forms.

In this report, the North American food & beverages texturants market has been broadly discussed on the basis of its application in frozen desserts, bakery & confectionary, sauces, dressings & condiments, beverages, meat & poultry products, snacks & savory, and others. The application of the food colorants in beverages is estimated to witness the highest CAGR between 2014 and 2019.  The in-depth analysis of the North American food & beverages texturants market by function, such as, thickening agents, gelling agents, emulsifying agents, stabilizing agents, and other agents has been given in this report. 

The U.S. dominated the North American food & beverages texturants market in 2014. It accounted for a market share of 82.0% in 2014, followed by Mexico. The factors such as, increasing health consciousness, conducting researches relevant to this field, new developments and innovations are driving the growth of the North American food & beverages texturants market. 

The E.I. du Pont de Nemours and Company (U.S.) has acquired a major chunk in the North American food & beverages texturants market, in terms of market share while other firms such as Cargill, Inc. (U.S.), Ashland Inc. (U.S.), and CP Kelco (U.S.) are also competing to strengthen their position in the North American food & beverages texturants market. These companies are developing market strategies, such as, mergers & acquisitions, joint ventures, new product developments, and expansions to increase their market share in the North American food & beverages texturants market. 

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