Food And Beverages

Global Food Preservatives Market Overview And Prospects

November 5, 2021 by The Business Research Company

Learn about the global food preservatives market through The Business Research Company, which provides information on food preservatives market size, food preservatives market drivers and restraints, food preservatives market players, the COVID-19 impact on the food preservatives market, and more.

The global food preservatives market is expected to grow from $2.36 billion in 2020 to $2.55 billion in 2021 at a compound annual growth rate (CAGR) of 8.1%. The growth of the food preservatives market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The food preservatives market is expected to reach $3.00 billion in 2025 at a CAGR of 4.1%.

The increasing consumption of ready-to-eat food owing to busy lifestyles is expected to propel the growth of the food preservatives market in the coming years.

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The food preservatives market consists of sales of food preservative products by entities (organization, partnership, sole traders) that are used to preserve food from any kind of spoilage and bacterial impact. Food preservatives are chemicals or natural ingredients including salt, vinegar, sugar, sorbates, nitrites, and others that are added to the food to prevent decomposition of microbial growth. Food preservatives can be toxic and non-toxic depending on the degree of toxicity they exert on food and are used in different food processing levels.

Global food preservatives market segments include:
By Type: Synthetic, Natural
By Function: Anti-Microbial, Anti-Oxidant, Chelating Agents, Enzyme Attackers
By Application: Beverages, Oils And Fats, Bakery, Dairy And Frozen Products, Snacks, Meat, Poultry, Confectionery, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the food preservatives market in 2020.

The growing use of natural preservatives is an emerging trend in the food preservatives market. Consumers are increasingly becoming concerned about the negative impact of preservatives and preferring natural alternatives including organic acids, salt, sugar, and others. Major companies operating in the food preservatives sector are shifting their focus towards natural preservatives solutions to offer a range of clean label preservation to strengthen their position.

TBRC’s food preservatives market report covers:
Major Market Players: Kerry Group, Dupont De Nemours Inc, BASF SE, Cargill Incorporated, Celanese Corporation, Corbion N.V, Archer Daniels Midland Company, Galactic S.A., Kemin Industries Inc., Koninklijke DSM N.V., Tate & Lyle PLC., Brenntag Solutions Group Inc., Albemarle Corporation, Akzo Nobel N.V., Univar Inc., Danisco A/S, Hawkin Watts Limited, ABF Ingredients Ltd., Ajinomoto Co. Inc, Jungbunzlauer Suisse AG, Grupo Bimbo, and Hansen Holding A/S.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Food Preservatives Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides food preservatives market overviews, analyzes and forecasts market size, share, food preservatives market players, food preservatives market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s food preservatives market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:
Food Ingredients Global Market Report 2021
Natural Food Colors And Flavors Global Market Report 2020
Food And Beverages Global Market Report 2021

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