Food Preservatives Market By Type (Natural, Synthetic), By Label (Clean Label, Conventional), By Function (Anti-microbial, Antioxidant, Others), By Application (Meat & Poultry Products, Bakery Products, Dairy Products, Beverages, Snacks, Others), Global Analysis to 2023
Published on: 2024-07-07 | No of Pages : 240 | Industry : Food and Beverage
Publisher : MIR | Format : PDF&Excel
Food Preservatives Market By Type (Natural, Synthetic), By Label (Clean Label, Conventional), By Function (Anti-microbial, Antioxidant, Others), By Application (Meat & Poultry Products, Bakery Products, Dairy Products, Beverages, Snacks, Others), Global Analysis to 2023
Food Preservatives Market By Type (Natural, Synthetic), By Label (Clean Label, Conventional), By Function (Anti-microbial, Antioxidant, Others), By Application (Meat & Poultry Products, Bakery Products, Dairy Products, Beverages, Snacks, Others), Global Analysis to 2023
Natural Food Preservatives Market Size And Forecast
According to the new report titled " Food Preservatives Market By Type (Natural, Synthetic), By Label (Clean Label, Conventional), By Function (Anti-microbial, Antioxidant, Others), By Application (Meat & Poultry Products, Bakery Products, Dairy Products, Beverages, Snacks, Others), Global Analysis to 2023",
The valuation of the Food Preservatives market was $3.10 Billion in 2023 and is projected to reach $6.43 Billion by 2032, at a CAGR of 6.92% from 2021 to 2032.
The Food Preservatives Market was valued at $3.10 Billion by 2023 and expected to grow at CAGR of 6.92% over forecast period. Food preservatives are substances added to food and beverages to prevent spoilage, extend shelf life, and maintain the quality and safety of the products. These additives inhibit the growth of microorganisms such as bacteria, yeast, and mold, as well as prevent enzymatic browning and oxidation reactions. Food preservatives play a crucial role in ensuring food safety, reducing food waste, and maintaining product freshness. The expansion of the food and beverage industry, fueled by population growth, urbanization, and changing consumer lifestyles, is driving demand for food preservatives.
As the demand for processed and convenience foods increases, so does the need for preservatives to maintain product quality and safety during storage and distribution. Ensuring food safety is a top priority for consumers, manufacturers, and regulatory authorities. Foodborne illnesses caused by microbial contamination pose significant health risks, leading to increased demand for preservatives that inhibit the growth of harmful bacteria, yeast, and mold in food products. Consumers expect food products to have a longer shelf life, allowing for greater convenience and reduced food waste. Food preservatives play a crucial role in extending the shelf life of perishable products, such as meats, dairy, bakery items, and ready-to-eat meals, by inhibiting spoilage and oxidation reactions.
Synthetic held the largest share in the Food Preservatives market
By Type (Natural, Synthetic) where Synthetic plays a crucial role in the Food Preservatives market. Synthetic preservatives such as benzoates, sorbates, and sulfites are effective against a broad spectrum of microorganisms, including bacteria, yeast, and mold. They can be used in various food and beverage categories, including baked goods, dairy products, beverages, meats, and snacks. Synthetic preservatives are often more cost-effective than natural alternatives, making them attractive options for food manufacturers, especially for large-scale production. The affordability of synthetic preservatives allows manufacturers to maintain competitive pricing for their products while ensuring food safety and quality.
Synthetic preservatives may offer additional functional properties beyond microbial inhibition, such as antioxidant effects, flavor enhancement, and color stabilization. These multifunctional benefits contribute to their widespread use in food processing and formulation. Many synthetic preservatives have been extensively studied and approved for use in food products by regulatory agencies such as the U.S. Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA). Their regulatory approval provides assurance to manufacturers and consumers regarding their safety and suitability for use in food products. Ongoing research and technological advancements in food science and preservation have led to the development of new synthetic preservatives with improved efficacy, stability, and safety profiles. These innovations further expand the range of options available to food manufacturers seeking effective preservation solutions.
North America headed the Food Preservatives market in 2023
Ensuring food safety is a top priority for consumers, regulators, and food manufacturers alike. Foodborne illnesses caused by microbial contamination are a significant public health concern, driving the demand for preservatives that inhibit the growth of pathogens and spoilage microorganisms in food products. Consumers expect food products to have a longer shelf life, providing convenience and reducing food waste. Food preservatives play a critical role in extending the shelf life of perishable products, such as meats, dairy, baked goods, and processed foods, by inhibiting microbial growth and delaying spoilage.
While synthetic preservatives have been widely used in the past, there is a growing consumer preference for clean label and natural food products. As a result, there is increasing demand for natural preservatives derived from plant extracts, fermentation processes, and other natural sources. Manufacturers are responding to this trend by reformulating products with natural preservatives and reducing the use of synthetic additives. Overall, the demand for food preservatives in North America is driven by the need to ensure food safety, extend shelf life, meet consumer preferences for convenience and freshness, comply with regulatory requirements, and innovate to meet evolving market trends.
Key market players operating in the market that are profiled in the report are Cargill, Inc., Kemin Industries, Inc., ADM, Tate & Lyle, Koninklijke DSM N.V., BASF SE, Celanese Corporation, Corbion N.V., Galactic S.A., Kerry etc
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD |
2021-2031 |
BASE YEAR |
2024 |
FORECAST PERIOD |
2024-2031 |
HISTORICAL PERIOD |
2021-2023 |
UNIT |
Value (USD Billion) |
KEY COMPANIES PROFILED |
Environmental Systems Research Institute Inc. DuPont, BASF SE, Dow Chemical Company, Kemin Industries, Archer Daniels Midland Company, Ingredion Incorporated, NatureWorks LLC, Tate & Lyle PLC, Kerry Group plc, Chr. Hansen Holding A/S, among others. |
SEGMENTS COVERED |
By Preservative, By Source, By Application, and By Geography. |
CUSTOMIZATION SCOPE |
Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
Global Natural Food Preservative MarketSegmentation Analysis
The Global Natural Food Preservative Market is segmented based on Preservative, Source, Application, And Geography.
Natural Food Preservative Market, By Preservative
- Antimicrobials
- Antioxidants
Based on Preservative the market is bifurcated into Antimicrobials and Antioxidants. Antimicrobial compounds are important in the natural food preservation industry because they inhibit mold and control microbial growth in a variety of food products. Sodium propionate and calcium propionate are common choices for preventing mold formation in cheese, cake, bread, and confectionery products. Natural microbial agents produced from plants or animals, such as rosemary extracts and food oils, can effectively suppress germs such as Staphylococcus aureus, Aeromonas hydrophila, Salmonella, and Escherichia coli.
Natural Food Preservative Market, By Source
- Salt-Based
- Sugar-Based
- Oil-Based
Based on Source, the market is bifurcated into Salt-Based, Sugar-Based, and Oil-Based. The salt-based segment is experiencing significant market growth in the natural food preservative market owing to Himalayan salt standing out as a particularly effective option. Himalayan salt has been used for millennia and is highly valued for its ability to prevent food spoilage while retaining its unique flavor. This dominance is related to the low cost of salt-based preservation technologies, which are particularly useful for preserving seafood and meat. As customers seek natural and sustainable food preservation methods, the salt-based category continues to dominate the market.
Natural Food Preservative Market, By Application
- Bakery & Confectionery
- Beverages
- Dairy & Frozen Products
- Meat, Poultry, & Seafood
- Snacks & Convenience Foods
Based on Application, the market is bifurcated into Bakery & Confectionery, Beverages, Dairy & Frozen Products, Meat, Poultry, & Seafood, and Snacks & Convenience Foods. The meat, Poultry, & Seafood segment is experiencing the highest growth in the natural food preservative market owing to the global processed meat, poultry, and seafood business is rapidly expanding, which is expected to boost demand for food preservatives shortly. These preservatives are used in a variety of food and beverage sectors, including bread, meat and poultry, seafood, drinks, confectionery, oils and fats, dairy, and frozen items.
Natural Food Preservative Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on Geography, the Global Natural Food Preservative Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America emerged as a dominating region in the natural food preservative market owing to the increasing usage across a variety of applications in the United States, Canada, and Mexico. The presence of well-established bakery establishments, combined with an increase in processed meat consumption, fueled industry expansion. The region’s strength is being propelled by the increased availability and acceptability of processed and ready-to-eat meals among consumers in the United States and Canada.
Keyplayers-
Environmental Systems Research Institute Inc.
DuPont
BASF SE
Dow Chemical Company
Kemin Industries
Archer Daniels Midland Company
Ingredion Incorporated
NatureWorks LLC
Tate & Lyle PLC
Kerry Group plc
Chr. Hansen Holding A/S
among others.
Table of Content
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology
2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights
3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis
4. Natural Food Preservatives Market, By Type of Preservative
• Antimicrobials
• Antioxidants
• Others
5. Natural Food Preservatives Market, By Source
• Plant-Based
• Animal-Based
• Microbial-Based
6. Natural Food Preservatives Market, By Application
• Bakery & Confectionery
• Beverages
• Dairy & Frozen Products
• Meat, Poultry, & Seafood
• Snacks & Convenience Foods
7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market
9. Competitive Landscape
• Key Players
• Market Share Analysis
10. Company Profiles
• DuPont
• BASF SE
• Dow Chemical Company
• Kemin Industries
• Archer Daniels Midland Company
• Ingredion Incorporated
• NatureWorks LLC
• Tate & Lyle PLC
• Kerry Group plc
• Chr. Hansen Holding A/S
11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
12. Appendix
• List of Abbreviations
• Sources and References
Keyplayers-
Environmental Systems Research Institute Inc.
DuPont
BASF SE
Dow Chemical Company
Kemin Industries
Archer Daniels Midland Company
Ingredion Incorporated
NatureWorks LLC
Tate & Lyle PLC
Kerry Group plc
Chr. Hansen Holding A/S
among others.