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Food Preservatives Market Size

Report ID: GMI6101
   |
Published Date: June 2023
 | 
Report Format: PDF

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Food Preservatives Market Size

Food Preservatives Market was valued at USD 3.3 billion in 2023 and is anticipated to register over 4.5% CAGR from 2024 to 2032. Increasing consumer awareness about food safety, the desire to reduce food wastage, and the need for reliable protection against microbial contamination to ensure product safety for longer periods will drive the industry growth.

 

Food Preservatives Market

Preservatives are critical in preserving freshness and preventing spoilage as food products are exported across borders and regions. Globalization of the food supply chain has contributed to the demand for food preservatives. Food preservatives help in maintaining the sensory attributes of processed foods, facilitating consumers to enjoy convenient and ready-to-eat options. These factors are anticipated to accelerate the market expansion during the forecast period.

 

The increasing demand for natural & clean-label alternatives due to the growing consumer concerns related to health risks caused by synthetic preservatives will hamper the food preservatives market. Manufacturers must tackle these challenges to meet consumer expectations and offer products that are stable & safe. Additionally, the manufacturing cost of natural preservatives is higher than synthetic alternatives, affecting their adoption and hampering market growth.

 

Major factors hampering market growth are the challenges faced by manufacturers in keeping up with the changing regulations and ensuring compliance when launching a new product or expanding into a new market. These factors will impede market growth.

Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
How big is the food preservatives market?
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.
Why is the demand for synthetic food preservatives gaining traction?
What is the U.S. food preservatives business worth?
Who are the top players operating in the food preservatives sector?

Report Content

Chapter 1   Methodology & Scope

1.1    Market scope & definitions

1.2    Base Size & calculations

1.3    Data collection

1.4    Forecast parameters

1.5    Data validation

1.6    Data sources

1.6.1    Primary

1.6.2    Data mining Sources

1.6.2.1    Paid sources

1.6.2.2    Public sources

Chapter 2   Executive Summary

2.1    Industry 3600 synopsis

Chapter 3   Industry Insights

3.1    Industry ecosystem analysis

3.1.1    Key manufacturers

3.1.2    Distributors

3.1.3    Profit margins across the industry

3.2    Industry impact forces

3.2.1    Growth drivers

3.2.2    Market challenges

3.2.3    Market opportunity

3.2.3.1    New opportunities

3.2.3.2    Growth potential analysis

3.3    Raw material landscape

3.3.1    Manufacturing trends

3.3.2    Technology evolution

3.4    Sustainable manufacturing

3.4.1.1    Green practices

3.4.1.2    Decarbonization

3.4.2    Sustainability in raw materials

3.5    Pricing trends (USD/Ton), 2021 to 2032

3.5.1    North America

3.5.2    Europe

3.5.3    Asia Pacific

3.5.4    Latin America

3.5.5    Middle East & Africa

3.6    Regulations & market impact

3.7    Porter’s analysis

3.8    PESTEL analysis

Chapter 4   Competitive Landscape, 2023

4.1    Introduction

4.2    Company matrix analysis

4.3    Company market share analysis

4.3.1    Company Market share analysis by region

4.3.1.1    North America

4.3.1.2    Europe

4.3.1.3    Asia Pacific

4.3.1.4    Latin America

4.3.1.5    Middle East Africa

4.4    Competitive positioning matrix

4.5    Strategic dashboard

Chapter 5   Market Size and Forecast, By Product, 2021-2032 (USD Thousand, Kilo Tons)

5.1    Key trends

5.2    Natural Preservatives

5.3    Artificial Preservatives

Chapter 6   Market Size and Forecast, By Application, 2021-2032 (USD Thousand, Kilo Tons)

6.1    Key trends

6.2    Bakery & confectionery

6.3    Food & nutrition

6.4    Beverages

6.5    Dairy & frozen desserts

6.6    Meat products

6.7    Sauces & dressings

6.8    Others (Snacks, seafoods)

Chapter 7   Market Estimates and Forecast, By Region, 2021 – 2032 (Kilo Tons) (USD Thousand)

7.1    North America

7.1.1   U.S.

7.1.2    Canada

7.2    Europe

7.2.1   Germany

7.2.2    UK

7.2.3    France

7.2.4    Italy

7.2.5    Spain

7.2.6    Russia

7.2.7    Rest of Europe

7.3    Asia Pacific

7.3.1    China

7.3.2    India

7.3.3    Japan

7.3.4    South Korea

7.3.5    Australia

7.3.6    Malaysia

7.3.7    Indonesia

7.3.8    Rest of Asia Pacific

7.4    Latin America

7.4.1    Brazil

7.4.2    Mexico

7.4.3    Argentina

7.4.4    Rest of Latin America

7.5    MEA

7.5.1    Saudi Arabia

7.5.2    UAE

7.5.3    South Africa

7.5.4    Rest of MEA

Chapter 8   Company Profiles

8.1    Kerry Group pLc

8.2    Cargill

8.3    Corbion N.V

8.4    DuPont de Nemours Inc.

8.5    Archer Daniels Midland Company

8.6    BASF

8.7    Kemin Industries

8.8    Colombia

8.9    Tate & Lyle

8.10    Galactic S.A.

   

Authors: Kiran Pulidindi, Kunal Ahuja
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Premium Report Details

Base Year: 2023

Companies covered: 10

Tables & Figures: 349

Countries covered: 21

Pages: 210

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