Global Food Preservatives Market, By Type (Natural and Synthetic), Label (Clean Label and Conventional), Function (Antimicrobials, Antioxidants, Acidulant, and Others), Application (Oils and Fats, Bakery, Dairy and Frozen Products, Snacks, Meat, Poultry and Seafood, Confectionary, Beverages, and Others) – Industry Trends and Forecast to 2031.
Food Preservatives Market Analysis and Size
The food preservatives market is advancing with innovative methods and technologies, including natural preservatives and nanotechnology. These advancements ensure longer shelf life and safety, meeting consumer demand for clean-label products. The market is growing rapidly due to increased processed food consumption and stringent food safety regulations, driving research into effective and sustainable preservation solutions.
The global food preservatives market size was valued at USD 3.39 billion in 2023, is projected to reach USD 4.53 billion by 2031, with a CAGR of 3.7% during the forecast period 2024 to 2031. 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
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Natural and Synthetic), Label (Clean Label and Conventional), Function (Antimicrobials, Antioxidants, Acidulant, and Others), Application (Oils and Fats, Bakery, Dairy and Frozen Products, Snacks, Meat, Poultry and Seafood, Confectionary, Beverages, and Others)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Hawkins Watts Limited (New Zealand), DSM (Netherlands), Cargill, Incorporated (U.S.), DuPont (U.S.), ADM (U.S.), BASF SE (Germany), Corbion (Netherlands), Celanese Corporation (U.S.), Kilo Ltd. (U.K.), Jungbunzlauer Suisse AG (Switzerland), Eastman Chemical Company (U.S.), Givaudan (Switzerland), International Flavors & Fragrances Inc. (U.S.), Kemin Industries, Inc.(U.S.), Kerry Group plc. (Ireland)
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Market Opportunities
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Market Definition
Food preservatives are substances added to food to prevent spoilage and extend shelf life. They inhibit the growth of bacteria, molds, and yeast and can be natural, such as salt and vinegar, or synthetic, such as sodium benzoate and nitrates. Preservatives in food help to maintain food quality, flavor, and nutritional value, ensuring safety and freshness for consumers.
Food Preservatives Market Dynamics
Drivers
- Increasing Consumer Demand for Convenient and Ready-to-Eat Foods
Increasing consumer demand for convenient and ready-to-eat foods drives the food preservatives market, as these products require longer shelf lives to maintain quality and safety. For instance, the growing popularity of packaged meals and snacks necessitates the use of preservatives to prevent spoilage and extend shelf life. This trend is particularly evident in urban areas where busy lifestyles lead to higher consumption of such convenient food options.
- Expansion of E-commerce and Online Food Retailing
The rapid growth of e-commerce and online food retailing has significantly driven the food preservatives market. As more consumers purchase food products online, effective preservation methods are essential to maintain product quality during extended delivery times. For instance, companies such as Amazon Fresh and Instacart rely heavily on preservatives to ensure that perishable goods such as dairy, meats, and fresh produce arrive in optimal condition, meeting consumer expectations for freshness and safety.
Opportunities
- Growth of the Processed Food Industry
The global expansion of the processed food industry significantly drives the food preservatives market. As more consumers seek convenient, long-lasting food options, the demand for preservatives to maintain product quality and safety escalates. For instance, the surge in frozen meals and snack foods, which rely heavily on preservatives to prevent spoilage and extend shelf life, exemplifies this trend, reinforcing the crucial role of preservatives in the food supply chain.
- Surge in Demand for Clean Label Food Products
The surge in demand for clean-label food products is driven by health-conscious consumers preferring natural over artificial ingredients. This trend boosts the need for natural food preservatives such as antioxidants and antimicrobials. Manufacturers are responding by producing clean-label additives, enhancing their application in various food products, including meat and poultry. This shift towards transparency and natural ingredients significantly drives the food preservatives market, aligning with consumer expectations for healthier, clean-label options. For instance, Millbo's X-Tra Guard, nominated for the Fi Europe Innovation Award 2021, showcases a natural alternative to sorbic acid preservatives, meeting the demand for effective, natural solutions and driving market innovation.
Restraints/Challenges
- High Price of Natural Preservatives
The higher costs of natural preservatives compared to synthetic options present a significant hindrance to food manufacturers striving to balance competitive pricing with meeting consumer demands. This economic barrier limits the widespread adoption of natural alternatives, constraining the growth potential of the food preservatives market.
- Extended Shelf-life Requirements
Increasing demand for longer shelf-life challenges manufacturers to find preservative solutions meeting safety and convenience needs while adhering to clean-label trends and regulations. This pressure can hinder market growth as traditional preservatives may not align with these evolving consumer preferences and regulatory requirements, prompting a shift towards alternative preservation methods.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, 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 market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In July 2022, Kemin Industries Inc. introduced RUBINITE GC Dry, a natural food preservative, as an alternative to sodium nitrite. Designed for use in processed meats such as sausages, it promises superior microbiological protection and product stability. This innovation addresses concerns about synthetic additives, aligning with consumer preferences for clean-label ingredients and enhancing food safety
- In March 2022, DSM launched DelvoGuard cultures, catering to producers seeking clean-label solutions to extend the shelf life of dairy products such as yogurt, fresh cheese, and sour cream. This initiative responds to the industry's demand for natural preservatives while maintaining product quality and meeting consumer expectations for healthier food options
- In January 2022, Florida Food Products (FFP) introduced VegStable Fresh, a plant-based antioxidant derived from green tea, rosemary, acerola, and rice bran extract. This clean-label alternative to meat preservatives with chemical additives addresses consumer preferences for natural ingredients, offering benefits such as extended shelf life, color retention, and flavor preservation in meat and poultry products
- In November 2021, Tate & Lyle PLC embarked on constructing a new biomass boiler at its acidulants plant in Santa Rosa, Brazil. This investment reflects the company's commitment to sustainable practices, reducing environmental impact, and improving energy efficiency in its manufacturing processes
- In April 2021, Kemin Industries Inc. expanded its distribution agreement with Diethelm Keller Siber Hegner (DKSH) to cover Kemin Food Technologies Asia in the Philippines and Indonesia. This strategic move aims to enhance market reach and strengthen the distribution network for Kemin's innovative food technologies, facilitating better access to quality ingredients and solutions in the region
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Food Preservatives Market Scope
The market is segmented on the basis of type, label, 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
- Edible Oil
- Rosemary Extracts
- Natamycin
- Vinegar
- Chitosan
- Others
- Synthetic
- Propionates
- Sorbates
- Benzoates
- Others
Label
- Clean Label
- Conventional
Function
- Antimicrobials
- Antioxidants
- Acidulant
- Others
Application
- Oils and Fats
- Bakery
- Dairy and Frozen Products
- Snacks
- Meat
- Poultry and Seafood
- Confectionary
- Beverages
- Others
Food Preservatives Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by country, type, label, function, and application as referenced above.
The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Asia-Pacific is expected to witness the fastest growth in the food preservatives market, fueled by factors such as a growing population, urbanization, rising disposable income, demand for preservatives food and changing dietary habits towards processed foods. The expanding processed food industry in the region propels the demand for effective food preservation solutions.
North Americais expected to dominate the food preservatives market, driven by its expansive processed food sector. With stringent regulations and a plethora of food processing giants, particularly in the U.S., the region prioritizes food safety and shelf life extension, fueling demand for preservatives.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as 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, 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 market competitive landscape provides details by competitor. 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 market.
Some of the major players operating in the market are:
- Hawkins Watts Limited (New Zealand)
- DSM (Netherlands)
- Cargill, Incorporated (U.S.)
- DuPont (U.S.)
- ADM (U.S.)
- BASF SE (Germany)
- Corbion (Netherlands)
- Celanese Corporation (U.S.)
- Kilo Ltd. (U.K.)
- Jungbunzlauer Suisse AG (Switzerland)
- Eastman Chemical Company (U.S.)
- Givaudan (Switzerland)
- International Flavors & Fragrances Inc. (U.S.)
- Kemin Industries, Inc. (U.S.)
- Kerry Group plc. (Ireland)
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