The Global Natural Food Preservatives Market is experiencing significant growth due to consumers' increasing popularity of natural and organic food products. While synthetic preservatives were traditionally favored for their effectiveness, the shift towards preservative-free and clean-label foods has driven the demand for natural alternatives. The food industry is responding to this demand by developing natural preservatives equally effective in preserving food products. Using ingredients like enzymes and live cultures has gained traction, offering natural and sustainable solutions for food preservation. This trend is driving the growth of the global natural food preservatives market as manufacturers strive to meet consumer preferences for healthier and more natural food options.
According to Data Bridge Market Research, the global natural food preservatives market was valued at USD 806.3 million in 2021 and is expected to reach the value of USD 1438.02 million by 2029, at a CAGR of 7.50% during the forecast period of 2022 to 2029.
“Growing demand from the food and beverage industry facilitates market growth”
The growing demand from the food and beverage industry, particularly processed foods, is a significant driver of the global natural food preservatives market. Food manufacturers are seeking natural alternatives to synthetic preservatives with the increasing consumer preference for clean-label and natural ingredients. Natural food preservatives from plant-based sources offer a clean and sustainable solution to extend shelf life, maintain product quality, and ensure food safety. The rising demand for processed foods, convenience products, and ready-to-eat meals further fuels the adoption of natural food preservatives as manufacturers strive to meet consumer demands for healthier and more natural food options.
What restraints the growth of global natural food preservatives market?
“High cost of processing and manufacturing natural food preservatives”
The high cost of processing and manufacturing natural food preservatives is a significant restraint in the global market. The extraction and purification processes involved in obtaining natural preservatives from plant-based sources can be complex and expensive. The limited availability and seasonal variations of certain plant-derived ingredients also contribute to the higher costs. These increased production and manufacturing costs translate into higher prices for natural food preservatives, making them less competitive compared to synthetic alternatives. The cost sensitivity of consumers and manufacturers, along with the price-conscious nature of the market, poses a challenge to the widespread adoption and market penetration of natural food preservatives.
Segmentation: Global Natural Food Preservatives Market
The natural food preservatives market is segmented on the basis of product type, function and application.
- On the basis of product type, the natural food preservatives market is segmented into salt, sugar, oil, honey, Citric Acid, vinegar, and others.
- On the basis of function, the natural food preservatives market is segmented into antimicrobial, antioxidants, and others.
- On the basis of application, the natural food preservatives market is segmented into sea food, meat and poultry, bakery products, dairy products, snacks, beverages, fruits and vegetables, and others.
Regional Insights: North America dominate the Global Natural Food Preservatives Market
North America currently holds the largest share of the market, primarily driven by several factors. One key factor is the higher consumption of non-vegetarian food in the region, as a significant portion of the population follows a non-vegetarian diet. Additionally, the prosperous economies of countries like Canada and the United States contribute to a high demand for convenient food options, including processed and ready-to-eat non-vegetarian products.
On the other hand, the Asia-Pacific region is expected to witness the fastest growth between 2022 and 2029. This growth can be attributed to the increasing Western influence in countries like India, Indonesia, and China, where non-vegetarian food consumption is rising. The region's growing population and hectic lifestyles further fuel the demand for convenient and easily accessible non-vegetarian food products.
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Recent Developments in the Global Natural Food Preservatives Market
- On November 17, 2021 Synergio, an Israel-based biotechnology company, launches "BioEco 94," a preservative that claims to be as effective as synthetic alternatives by targeting harmful microorganisms while preserving positive bacteria for the body's benefit.
- On November 6, 2021, The Singapore Food Agency ordered a recall of "Feng He Garden" dark soy sauce due to non-disclosure of added preservatives, violating food laws. All three product sub-categories are recalled, and consumers are advised to avoid consumption and contact the point of purchase.
- On August 25, 2021, Conagen expands its natural preservatives offering with PCA fermentation derived from p-coumaric acid. This product aligns with the rising demand for clean-label solutions and provides a scalable, cost-effective natural option for extending shelf life. PCA is a naturally occurring compound found in various plants, such as peanuts, tomatoes, carrots, basil, and garlic, known for its antioxidant and antimicrobial properties.
The Prominent Key Players Operating in the Global Natural Food Preservatives Market Include:
- ADM (U.S.)
- Sysco Corporation (U.S.)
- Conagra Foodservice, Inc. (U.S.)
- Royal Ridge Fruits (US)
- Capricorn Food Products India Ltd. (India)
- ALFA LAVAL (Sweden)
- Tricom Fruit Products Limited (India)
- Capuzzo S.r.l. (Italy)
- Freudenberg Group (Germany)
- Saraf Foods Ltd (India)
- Mysore Fruits (India)
- Rhodes Food Group (South Africa)
- Del Monte (U.S.)
- MANDAR FOOD PRODUCTS (India)
- AOHATA CORPORATION. (Japan)
- Reid Produce Co. (U.S.)
- Speyfruit Ltd. (U.K.)
- PACIFIC COAST FRUIT COMPANY (U.S.)
- Washington Fruit & Produce Co (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global natural food preservatives market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Natural Food Preservatives Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. 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. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
