Natural Food Preservatives Market Size - By Product Type (Salt, Sugar, Oil, Honey, Citric Acid, Vinegar), Function (Antimicrobial, Antioxidants), By Form (Liquid, Powder, Gel), Application, Growth Prospects, Regional Outlook & Global Forecast, 2023 – 2032
Report ID: GMI7078
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Published Date: October 2023
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Report Format: PDF
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Base Year: 2022
Companies covered: 15
Tables & Figures: 293
Countries covered: 17
Pages: 180
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Natural Food Preservatives Market Size
Natural Food Preservatives Market size was valued at USD 898.45 million in 2022 and is estimated to grow at 4.5% CAGR from 2023 to 2032. The rising consumer awareness of the health issues associated with synthetic preservatives has considerably fueled revenue growth in the market. Natural food preservatives are in high demand as customers grow more health-conscious and seek clean label products.
The negative connotations associated with synthetic chemicals, such as allergies and potential long-term health impacts, have resulted in a desire for natural alternatives. This growing awareness of health hazards is influencing consumer preferences as well as industry trends, with food producers increasingly turning to natural preservatives to suit the rising need for safer and healthier food options.
One of the major issues hindering the growth of the natural food preservatives market is high production costs. Natural preservatives are sometimes more expensive to manufacture than synthetic preservatives. This is because natural food preservatives are derived from renewable resources, which are frequently more expensive than the petrochemicals used to produce synthetic preservatives. Furthermore, extensive quality control and testing methods are necessary to verify the safety and efficiency of these natural preservatives, raising production costs.
COVID-19 Impact
The COVID-19 pandemic had negatively impacted the market for natural food preservatives. Natural food preservative manufacturing and distribution had been hampered by disruptions in the global supply chain, workforce shortages, and limitations on travel and trade. Furthermore, during the pandemic, consumer preferences changed toward vital commodities, resulting in a decline in demand for some food products, especially those containing natural preservatives.
Natural Food Preservatives Market Trends
The natural food preservatives industry is expanding rapidly, owing to rising consumer demand for clean-label and nutritious foods. Synthetic preservatives are being phased out as people become more health-conscious and worried about the chemicals in their food. Natural preservatives, such as antioxidants, antimicrobials, and essential oils, are gaining popularity due to their perceived safety and efficacy. Furthermore, food safety laws are getting more severe, supporting the use of natural preservatives.
Natural Food Preservatives Market Analysis:
Based on product type, the salt segment dominated around USD 443.12 million revenue in 2022. Natural food preservative salt is diverse and effective. It is used to preserve a wide range of foods and is usually regarded as safe. Salt also contains antibacterial properties, which aid in the prevention of disease development in food. The use of salt as a natural food preservative is predicted to increase in the coming years.
Based on function, the antimicrobial segment accounted for 65.5% of the natural food preservatives market share in 2022. Natural antimicrobial food preservatives are an important component of the food safety system. They aid in the preservation of food and the extension of its shelf life. As the demand for food safety and clean label goods grows, so will the demand for natural food preservatives with antibacterial properties.
Based on application, the meat & poultry segment is anticipated to grow at 4.7% CAGR through 2032. Natural food preservatives are gaining popularity in the meat and poultry industries as customers want healthier and more sustainable products. Natural food preservatives are plant-based compounds having antibacterial and antioxidant capabilities that may be used to increase the shelf life of meat and poultry products without using synthetic preservatives.
Based on form, the natural food preservatives market from liquid segment held over USD 402.60 million revenue in 2022. Liquid preservatives are simple to use and may be added to a wide range of food products. They can be directly added to culinary goods or used in marinades, sauces, and dressings. Many liquid preservatives manufactured from natural components are beneficial to one's health. Vinegar, for example, is a natural preservative with antibacterial and antifungal characteristics. Another natural preservative with antibacterial and antioxidant effects is honey.
Asia Pacific natural food preservatives market size reached USD 315 million in 2022. The Asia Pacific food service industry is rapidly expanding, fueling demand for natural food preservatives. Food service operators are seeking for methods to give healthier and more natural food alternatives to their customers, and natural food preservatives can help them reach this goal. In Asia Pacific, plant-based food preservatives become increasingly popular since they are considered as being healthier and more natural than synthetic preservatives.
Natural Food Preservatives Market Share
Major players operating in the natural food preservatives industry include:
Cargill, Inc. is a global provider in the supply of food, agriculture, and industrial products. Natural food preservatives are among the many goods and services offered by the organization. Natural food preservatives from Cargill are utilized by a wide spectrum of food makers, from local enterprises to major international organizations. Food service providers and home chefs both utilize the company's natural food preservatives.
Natural Food Preservatives Industry News
The natural food preservatives market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
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Market, By Product Type
Market, By Function
Market, By Application
Market, By Form
The above information has been provided for the following regions and countries: