Food Preservatives Market by Label, Type, Function, Application

List of Tables

[192 Pages Report] The Food Preservatives Market size was estimated at USD 3.84 billion in 2023 and expected to reach USD 4.03 billion in 2024, at a CAGR 5.17% to reach USD 5.46 billion by 2030.

Global Food Preservatives Market

KEY MARKET STATISTICS
Base Year [2023]	USD 3.84 billion
Estimated Year [2024]	USD 4.03 billion
Forecast Year [2030]	USD 5.46 billion
CAGR (%)	5.17%

Food preservatives are natural or synthetic substances added to food products to maintain their freshness, quality, and shelf life by inhibiting the growth of microorganisms such as bacteria, molds, and yeasts. These preservatives play a crucial role in the food industry by ensuring consumers have access to safe and nutritious foods while reducing food waste from spoilage. Meanwhile, the growing food industry worldwide and increasing demand for ready-to-eat food among individuals boost the demand for food preservatives to maintain freshness and quality. Additionally, food safety requirements to claim the shelf life of perishable food such as meat and dairy products significantly increases the need of food preservatives. However, the formulation challenges and health and safety concerns associated with food preservation hinder the market expansion of food preservatives. Companies are working towards innovative research initiatives that cater to evolving consumer preferences to sustain growth in this competitive landscape. Moreover, the development of natural, clean food preservatives & customized preservative solutions significantly contributes to the future growth of food preservatives. By emphasizing innovation, research, and consumer preferences, businesses are focused on capitalizing the untapped potential in the food preservatives market while maintaining a competitive edge.

Regional Insights

In the Americas, the United States and Canada represent significant market growth for food preservatives due to their well-developed food processing industries and high consumer demand for ready-to-eat and processed foods. The American market is witnessing a growing trend towards natural food preservation methods driven by increasing consumer health and wellness. Similarly, in the EMEA region market players are witnessing a steady growth due to, crucial segment including strict government regulations associated with the use of artificial preservatives in food products. Market players from these regions significantly focus on huge investments and heavy research & development activities to meet certain regulations implemented by governments. In the Middle East and Africa, rising disposable incomes have resulted in higher demand for packaged foods, translating into potential growth opportunities for the food preservatives market. On the other hand, the Asia Pacific region has shown impacting growth due to countries like China, Japan, and India being major markets driving the need for food preservatives. The rapid urbanization coupled with changing lifestyles and disposable income has led to increased consumption of processed foods in these countries. Manufacturers focus on developing tailored solutions catering to regional preferences like taste and functionality in various food applications, including dairy, meat, and poultry food processing. Despite facing challenges regarding strict regulatory compliance and shifting consumer preferences towards natural ingredients, innovation, collaboration, and strategic expansion of manufacturers into emerging markets provide promising growth opportunities for the food preservatives industry.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Food Preservatives Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Food Preservatives Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Food Preservatives Market, highlighting leading vendors and their innovative profiles. These include Al Khowahir Chemicals, Archer Daniels Midland Company, Arjuna Natural Pvt Ltd, Ashland, Inc., Australian Food Ingredient Suppliers, BASF SE, Cargill, Inc., Cargill, Incorporated, Celanese Corporation, Chinova Bioworks Inc., Corbion N.V., Foodchem International Corporation, Galactic S.A., ITA 3 s.r.l., Jungbunzlauer Suisse AG, Kalsec Inc., Kemin Industries, Inc., Kerry Group Plc, Koninklijke DSM N.V., Lallemand Inc., LANXESS, Niacet Corp., Prakash Chemicals International Pvt. Ltd., Qingdao Dawei Biological Engineering Co. Ltd., REDOX INDUSTRIES LIMITED, Rishi Chemical Works Pvt Ltd., SUN IMPEX INTERNATIONAL FOODS LLC, Tate & Lyle Plc, TRInternational, Inc., and Univar Solutions.

Market Segmentation & Coverage

This research report categorizes the Food Preservatives Market to forecast the revenues and analyze trends in each of the following sub-markets:

Label
- Clean Label
- Conventional
Type
- Natural
  - Chitosan
  - Edible Oil
  - Natamycin
  - Rosemary Extracts
  - Vinegar
- Synthetic
  - Benzoates
  - Propionates
  - Sorbates
Function
- Anti-microbial
- Anti-oxidant
Application
- Bakery Products
- Beverages
- Dairy Products
- Meat & Poultry Products
- Snacks
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Food Preservatives Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Food Preservatives Market?

3. What are the technology trends and regulatory frameworks in the Food Preservatives Market?

4. What is the market share of the leading vendors in the Food Preservatives Market?

5. Which modes and strategic moves are suitable for entering the Food Preservatives Market?

Product Code: MRR-961BA04A2E1B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Food Preservatives Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing demand for convenient and Ready-to-Eat food
  - 5.1.1.2. Need for food safety and extending the shelf life of perishable food products
  - 5.1.1.3. Globalization and expansion of the food industry
- 5.1.2. Restraints
  - 5.1.2.1. Health and safety concerns associated with food preservation
- 5.1.3. Opportunities
  - 5.1.3.1. Development of natural and clean label preservatives
  - 5.1.3.2. Development of customized preservative solutions based on specific food products or applications
- 5.1.4. Challenges
  - 5.1.4.1. Technological and formulation challenges associated with food preservatives
5.2. Market Segmentation Analysis
- 5.2.1. Label: Importance of clean-label food preservatives to maintain the quality of perishable food
- 5.2.2. Type: Rising uses of natural preservatives in food and beverage applications to meet the certain health benefits of consumers
- 5.2.3. Function: Increasing demand of anti antimicrobial preservatives in food formulation
- 5.2.4. Application: Owing adoption of food preservatives in bakery, beverages and dairy applications
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Food Preservatives Market, by Label

6.1. Introduction
6.2. Clean Label
6.3. Conventional

7. Food Preservatives Market, by Type

7.1. Introduction
7.2. Natural
- 7.3.1. Chitosan
- 7.3.2. Edible Oil
- 7.3.3. Natamycin
- 7.3.4. Rosemary Extracts
- 7.3.5. Vinegar
7.3. Synthetic
- 7.4.1. Benzoates
- 7.4.2. Propionates
- 7.4.3. Sorbates

8. Food Preservatives Market, by Function

8.1. Introduction
8.2. Anti-microbial
8.3. Anti-oxidant

9. Food Preservatives Market, by Application

9.1. Introduction
9.2. Bakery Products
9.3. Beverages
9.4. Dairy Products
9.5. Meat & Poultry Products
9.6. Snacks

10. Americas Food Preservatives Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Food Preservatives Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Food Preservatives Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. New Product Launch & Enhancement
  - 13.3.1.1. BioVeritas launches clean-label preservative that does not compromise taste
- 13.3.2. Investment & Funding
  - 13.3.2.1. Corbion Set to Start Up Fermentation at New Site in North America for In-House Production of Vinegar
- 13.3.3. Award, Recognition, & Expansion
  - 13.3.3.1. Chinova Bioworks scales up production for mushroom-based natural preservatives

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. Al Khowahir Chemicals
- 14.1.2. Archer Daniels Midland Company
- 14.1.3. Arjuna Natural Pvt Ltd
- 14.1.4. Ashland, Inc.
- 14.1.5. Australian Food Ingredient Suppliers
- 14.1.6. BASF SE
- 14.1.7. Cargill, Inc.
- 14.1.8. Cargill, Incorporated
- 14.1.9. Celanese Corporation
- 14.1.10. Chinova Bioworks Inc.
- 14.1.11. Corbion N.V.
- 14.1.12. Foodchem International Corporation
- 14.1.13. Galactic S.A.
- 14.1.14. ITA 3 s.r.l.
- 14.1.15. Jungbunzlauer Suisse AG
- 14.1.16. Kalsec Inc.
- 14.1.17. Kemin Industries, Inc.
- 14.1.18. Kerry Group Plc
- 14.1.19. Koninklijke DSM N.V.
- 14.1.20. Lallemand Inc.
- 14.1.21. LANXESS
- 14.1.22. Niacet Corp.
- 14.1.23. Prakash Chemicals International Pvt. Ltd.
- 14.1.24. Qingdao Dawei Biological Engineering Co. Ltd.
- 14.1.25. REDOX INDUSTRIES LIMITED
- 14.1.26. Rishi Chemical Works Pvt Ltd.
- 14.1.27. SUN IMPEX INTERNATIONAL FOODS LLC
- 14.1.28. Tate & Lyle Plc
- 14.1.29. TRInternational, Inc.
- 14.1.30. Univar Solutions
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing