Step 1: Nucleophilic addition reactions occur at the carbonyl carbon, which is electrophilic in nature.
Step 2: The reactivity of carbonyl compounds towards nucleophilic addition depends on:
\begin{itemize}
\item Electron-donating effect of alkyl groups
\item Steric hindrance around the carbonyl carbon
\end{itemize}
Step 3: Formaldehyde (HCHO) has no alkyl groups attached to the carbonyl carbon, resulting in:
\begin{itemize}
\item Maximum electrophilicity
\item Minimum steric hindrance
\end{itemize}
Step 4: Hence, formaldehyde is the most reactive towards nucleophilic addition reactions.