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Green Preservatives Market Size

  • Report ID: GMI11894
  • Published Date: Oct 2024
  • Report Format: PDF

Green Preservatives Market Size

The global green preservatives market was valued at USD 1.4 billion in 2023 and is estimated to grow at a CAGR of over 7.2% from 2024 to 2032.

 

As consumers become more health-conscious and environmentally aware, there's a rising demand for natural and eco-friendly preservatives. Concerns over the health risks of synthetic additives in food, personal care, and cosmetics have led consumers to seek products without artificial preservatives, driving the shift towards natural alternatives.
 

At the same time, manufacturers face stricter regulations worldwide, pushing them to reduce or eliminate synthetic preservatives. Governments are enforcing tough guidelines on chemical additives, so companies are turning to safer, natural options. This regulatory push aligns with consumer preferences and speeds up the market's transition. Additionally, the growing organic food and beverage sector supports this trend. With a preference for organic and clean-label products, manufacturers are using natural preservatives to meet regulations and consumer demand for transparency. These factors drive the industry's evolution, with companies working to create effective and sustainable preservation solutions that meet changing standards.
 

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The global market size for green preservatives was valued at USD 1.4 billion in 2023 and is projected to reach USD 2.6 billion by 2032, driven by a CAGR of over 7.2% from 2024 to 2032.

Natural extracts in the green preservatives industry were valued at approximately USD 900 million in 2023, due to strong consumer preference for clean-label products and plant-based ingredients.

U.S. market generated USD 355.4 million in 2023, driven by increased health awareness and stricter regulations on synthetic preservatives.

Major players in the industry include BASF SE, DSM, Firmenich, Givaudan, Kalsec, Kemin Industries, Kerry, and Lanxess, driven by their focus on sustainable and natural preservation solutions.

Green Preservatives Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 240
  • Countries covered: 18
  • Pages: 310
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