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Green Preservatives Market Trends

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

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Green Preservatives Market Trends

Key trends in the green preservatives industry are changing industry, especially in terms of what consumers want and new technologies. In the B2B sector, manufacturers and retailers are looking for green preservatives that meet sustainability goals and keep products safe. There is more interest in making preservatives that not only stop spoilage but also have extra benefits like killing germs or keeping nutrients.

New materials like plant-based extracts, essential oils, and preservatives from fermentation are becoming popular alternatives to traditional chemicals. These new options are being improved with encapsulation technologies, which make natural preservatives more effective and stable. This helps products last longer without losing quality. Sustainability efforts are also changing packaging. Companies are looking into biodegradable or recyclable materials that work well with eco-friendly preservatives to reduce environmental impact.

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.