Question 1

How big is the food preservatives market?

Accepted Answer

The market size of food preservatives was worth USD 3.3 billion in 2023 and is projected to witness 4.5% CAGR during 2024 to 2032, driven by the growing consumer awareness about food safety and the importance of reducing food wastage worldwide.

Question 2

Why is the demand for synthetic food preservatives gaining traction?

Accepted Answer

Synthetic food preservatives industry generated USD 1.2 billion in revenue in 2022 and is set to witness huge demand through 2032 owing to their efficiency, stability, and relatively lower cost.

Question 3

What is the U.S. food preservatives business worth?

Accepted Answer

U.S. food preservative industry amassed USD 1.8 billion in revenue in 2022 and is poised to expand at a rapid pace from 2023

Question 4

Who are the top players operating in the food preservatives sector?

Accepted Answer

Kerry Group Plc, Cargill Incorporated, Corbion N.V, DuPont de Nemours, Inc., Archer Daniels Midland Company, BASF SE, Kemin Industries, Inc., Koninklijke DSM, and Galactic S.A are some of the leading firms in the industry

Food Preservatives Market Share

Food Preservatives Market Share

Premium Report Details

Industries

Information

Link

Global Headquarters