Food & Beverage

Image

Global Food Preservatives Market - Industry Trends and Forecast to 2030

  • Food & Beverage
  • Upcoming Report
  • Dec 2023
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Food Preservatives Market - Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 3.27 Billion
Diagram Market Size (Forecast Year) USD 4.38 Billion
Diagram CAGR %

Global Food Preservatives Market, By Type (Natural Preservatives, Synthetic), Function (Antimicrobials, Antioxidants, Others), Application (Oils & Fats, Bakery, Dairy & Frozen Products, Snacks, Meat, Poultry & Seafood, Confectionary, Beverages, Others) - Industry Trends and Forecast to 2030.

Food Preservatives Market Analysis and Size

The rise in the growth in demand for convenience foods is a vital factor escalating the market growth, and rapid increase in the availability of processed foods and greater acceptance of ready-to-eat foods from consumers in the U.S. and Canada are the major factors among others driving the food preservatives market. Moreover, rising research and development activities in the market, rise in the demand for natural preservatives and rise in the emerging markets in Asia-Pacific and Africa will further create new opportunities for the food preservatives market in the forecast period.

Data Bridge Market Research analyses that the food preservatives market which was USD 3.27 billion in 2022, is expected to reach USD 4.38 billion by 2030, and is expected to undergo a CAGR of 3.7% during the forecast period of 2023 to 2030.  “Antimicrobials” dominates the function segment of the food preservatives market due to due to their ability to inhibit the growth of bacteria, molds, and yeasts in food products. In many applications, especially in perishable items like meat, poultry, and seafood, and in dairy and frozen products, antimicrobial preservatives are crucial to extending shelf life and maintaining food safety. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.       

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Billion, Volumes in Kilo Tons, Pricing in USD

Segments Covered

Type (Natural Preservatives, Synthetic), Function (Antimicrobials, Antioxidants, Others), Application (Oils & Fats, Bakery, Dairy & Frozen Products, Snacks, Meat, Poultry & Seafood, Confectionary, Beverages, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Hawkins Watts Limited (New Zealand), DSM (Netherlands), Cargill, Incorporated (U.S.), Kemin Industries, Inc. (U.S.), Univar Inc. (U.S.), Tate & Lyle (U.K.), Galactic (Belgium), DuPont (U.S.), Brenntag Solutions Group, Inc. (Germany), ADM (Archer Daniels Midland Company) (U.S.), BASF SE (Germany), Corbion (Netherlands), Celanese Corporation (U.S.), Kilo Ltd (U.K.), AJINOMOTO CO., INC. (Japan), Prinova Group LLC (U.S.), Jungbunzlauer Suisse AG (Switzerland)

Market Opportunities

  • Growing demand for processed foods
  • Changing consumer preferences
  • Globalization of food supply chains

Market Definition

Food preservatives are substances incorporated into food items to prolong their shelf life by inhibiting spoilage, microbial growth, or oxidative processes. They serve various applications within the food industry, ensuring product quality and safety. Antimicrobial preservatives are used to combat microorganism growth in items like canned goods and baked products. Antioxidants prevent fats and oils from becoming rancid and are commonly employed in oils and snacks. Acidulants regulate pH in beverages and sauces, while chelating agents neutralize metal ions in canned foods. Humectants maintain moisture in baked goods and confectionery, while sulfur dioxide prevents discoloration in dried fruits and wine. Nitrates and nitrites are utilized in processed meats, and herbs and spices serve as natural preservatives.

Global Food Preservatives Market Dynamic

Drivers

  • Growing Demand for Processed Foods

One of the key drivers of the global food preservatives market is the increasing consumer preference for processed and convenience foods. Busy lifestyles and urbanization have led to greater reliance on ready-to-eat and packaged foods, creating a higher demand for food preservatives to ensure extended shelf life and product safety. This trend is especially evident in emerging economies in Asia and Africa, where the processed food industry is rapidly expanding.

  • Changing Consumer Preferences

Consumers are increasingly seeking healthier and natural food products. This has created an opportunity for the development and use of natural food preservatives, such as rosemary extract and tocopherols. The demand for clean-label products and transparency in food ingredients has driven companies to innovate with more natural and sustainable preservative solutions.

  • Globalization of Food Supply Chains

The globalization of food supply chains and the growth of international trade have fueled the need for effective food preservatives. These preservatives help maintain the quality and safety of products during transportation and storage. With perishable food items being transported over longer distances, food preservatives play a crucial role in reducing food waste and ensuring product integrity.

 Opportunities

  • Rising Health Consciousness

As consumers become more health-conscious, there is a growing opportunity for food preservatives that have health benefits beyond shelf life extension. For example, the incorporation of probiotics and prebiotics as natural preservatives can appeal to health-conscious consumers seeking functional foods.

  • Clean-Label and Natural Preservatives

The increasing demand for clean-label and natural products presents an opportunity for companies to develop and market food preservatives that meet these preferences. This includes natural alternatives like vinegar, citrus extracts, and plant-derived compounds, which can be used as clean-label preservatives in various food products.

Restraints

  • Stringent Regulatory Requirements

Stringent regulations surrounding food safety and the use of food additives can be a significant restraint on the food preservatives market. Compliance with these regulations often requires extensive testing and documentation, adding to the cost and time required for product development and market entry.

  • Consumer Concerns about Synthetic Additives

Consumer apprehensions about synthetic food additives, particularly synthetic preservatives like BHA and BHT, have led to a push for cleaner and more natural ingredients. This shift in consumer sentiment can limit the market for synthetic preservatives and pose challenges for companies heavily reliant on them.

 Challenge

  • Natural Preservative Effectiveness

While there's a growing demand for natural preservatives, their effectiveness in preserving food and extending shelf life can be a challenge. Companies need to invest in research and development to create natural preservatives that can match the efficacy of synthetic counterparts without compromising on taste and safety.

This food preservatives market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the food preservatives market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

  • In January 2022, Florida Food Products (FFP) introduced VegStable Fresh, a plant-based antioxidant, as a clean-label alternative to meat preservatives with chemical additives. This innovative ingredient is derived from green tea, rosemary, acerola, and rice bran extract, offering a solution for preserving meat and poultry products naturally. It helps delay oxidation, extend shelf life, prevent rancidity, and maintain the product's color and flavor. FFP's VegStable Fresh aligns with the growing consumer demand for clean-label, natural ingredients, presenting a promising market development for the global food preservatives sector

Global Food Preservatives Market Scope

The food preservatives market is segmented on the basis of type, function, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Natural Preservatives
  • Synthetic

Function

Application

  • Oils & Fats
  • Bakery
  • Dairy & Frozen Products
  • Snacks
  • Meat
  • Poultry & Seafood
  • Confectionary
  • Beverages
  • Others

Global Food Preservatives Market Regional Analysis/Insights

The food preservatives market is analyzed and market size insights and trends are provided by country, type, function, and application are referenced above.

The countries covered in the food preservatives market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and the rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific in Asia-Pacific, and U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and the rest of the Middle East and Africa in Middle East and Africa.

North America is expected to dominate the food preservatives market owing to the region's large processed food industry, which demands food preservatives to extend shelf life and ensure food safety. The United States is home to numerous food processing giants and has well-established regulations governing the use of food preservatives in the region during the forecast period.

Asia-Pacific is expected to witness the fastest growth during the forecast period of 2023 to 2030 owing to the region's growing population, urbanization, increased disposable income, and a shift in dietary preferences towards processed and convenience foods. As the processed food industry expands in this region, so does the demand for food preservatives in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Food Preservatives Market Share Analysis

The food preservatives market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the food preservatives market.

Some of the major players operating in the food preservatives market are:

  • Hawkins Watts Limited (New Zealand)
  • DSM (Netherlands)
  • Cargill, Incorporated (U.S.)
  • Kemin Industries, Inc. (U.S.)
  • Univar Inc. (U.S.)
  • Tate & Lyle (U.K.)
  • Galactic (Belgium)
  • DuPont (U.S.)
  • Brenntag Solutions Group, Inc. (Germany)
  • ADM (Archer Daniels Midland Company) (U.S.)
  • BASF SE (Germany)
  • Corbion (Netherlands)
  • Celanese Corporation (U.S.)
  • Kilo Ltd (U.K.)
  • AJINOMOTO CO., INC. (Japan)
  • Prinova Group LLC (U.S.)
  • Jungbunzlauer Suisse AG (Switzerland)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Food Preservatives Market will be worth USD 4.38 billion in the forecast period by 2030.
The Food Preservatives Market growth rate is 3.7% during the forecast period.
Growing Demand for Processed Foods, Changing Consumer Preferences and Globalization of Food Supply Chains are the growth drivers of the Food Preservatives Market.
The type, function, and application are the factors on which the Food Preservatives Market research is based.
The major companies in the Food Preservatives Market are Hawkins Watts Limited (New Zealand), DSM (Netherlands), Cargill, Incorporated (U.S.), Kemin Industries, Inc. (U.S.), Univar Inc. (U.S.), Tate & Lyle (U.K.), Galactic (Belgium), DuPont (U.S.), Brenntag Solutions Group, Inc. (Germany), ADM (Archer Daniels Midland Company) (U.S.), BASF SE (Germany), Corbion (Netherlands), Celanese Corporation (U.S.), Kilo Ltd (U.K.), AJINOMOTO CO., INC. (Japan), Prinova Group LLC (U.S.), Jungbunzlauer Suisse AG (Switzerland).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials