Report Description
The global food preservatives market size is anticipated to expand at a significant CAGR during the forecast period, 2021-2028. The growth of market is attributed to rising consumption of packaged food, complexity of supply chain in the food industry, and probing extensively in the retail segment.
Food preservatives prevent blooming of microorganisms and help to delay the decay procedure of food. Considering the type of toxicity it is classified into two types non- toxic and moderate. Non-toxic is basically used in processing while moderate are majorly used by the US regulatory authorities by the US food and drug administrations (FDA) and European food safety authorities (EFSA).
Another use of the preservatives is for preserving bakery products, dairy meat, poultry product, and snacks. Demand for the product is extensively rising on the global basis factors such as consumer’s changing preference, heavy duty on exports and imports, and rising demand for fresh products. However, a dynamic shift has been witnessed by the manufacturers from synthetic preservatives to natural, owing to rising awareness and increasing demand for the latter.
It has definitely served as a positive impact on the food preservative industries, the major application segment which witnessed the rising growth in the demand over the pandemic period are snacks, frozen food, bakery, and others.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for natural food preservatives among the populations is expected to boost the market during the forecast period.
- Increasing demand for long shelf product/canned food and packaged food owing to the pandemic outbreak is anticipate to drive the market.
- Growing demand for instant/convenience or ready to eat (RTE) meal is rising, pertaining to the changing lifestyle of the consumers.
- Rapid growth of the food and beverages industry is one of the key factors that is expected to spur the market expansion during the projected period.
- Rising demand for organic preservatives which involves high cost of production and consumers awareness towards complication after the consumption of synthetic preservative act as a major factor that can hinder the market growth during the forecast period.
Scope of the market
The report global food preservatives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Food Preservatives Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Natural and Synthetic), Applications (Dairy & Frozen Products, Bakery, Meat Poultry & Seafood, Beverages, Sauces & Salad Mixes, Confectionary, and Others)
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Regional Scope
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North America [United States, Canada, Mexico, Rest of the North America], Europe [Germany, United Kingdom, Spain, Italy, France, Russia, Rest of the Europe], Asia Pacific [China, Japan, India, Australia, Rest of the Asia Pacific], South America [Brazil, Argentina, Rest of South America], Middle East and Africa [South Africa, United Arab Emirates, Rest of Middle East and Africa]
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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DuPont; Kerry Inc.; Cargill, Incorporated; Jungbunzlauer Suiss AG, Basel; Koninklijke DSM N.V.
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Market Segment Insights
The natural segment is expected to hold a key share of the market
On the basis of types, the market is bifurcated into natural and synthetic. The natural segment is expected to hold key share of the market owing to rising awareness among the population about the side effects after the consumption of synthetic preservatives, and increasing demand for the organic food.
The beverages segment is estimated to exhibit high CAGR
Based on the application, the food preservatives market is segregated into dairy & frozen products, bakery, meat poultry & seafood, beverages, sauces & salad mixes, confectionary, and others. The beverages segment is estimated to exhibit high CAGR owing to use of preservatives in drink for avoiding change in color, taste, and bitter after taste.
North America is anticipated to dominate the market
In the terms of the regions, the market is segregated into North America [United States, Canada, Mexico, and Rest of the North America], Europe [Germany, United Kingdom, Spain, Italy, France, Russia, and Rest of the Europe], Asia Pacific [China, Japan, India, Australia, and Rest of the Asia Pacific], South America [Brazil, Argentina, and Rest of South America], Middle East and Africa [South Africa, United Arab Emirates, and Rest of Middle East & Africa].
North America is anticipated to dominate the market during the forecast period owing to increasing demand for natural preservative across region causes shift from synthetic to natural, major fruit exporter, and high regulated policies by the authorities in respect of food and preservatives.
Segments
The global food preservatives market has been bifurcated on the basis of
Types
Applications
- Dairy & Frozen Products
- Bakery
- Meat Poultry & Seafood
- Beverages
- Sauces and Salad Mixes
- Confectionary
- Others
Regions
- North America
- United States
- Canada
- Mexico
- Rest of the North America
- Europe
- Germany
- United Kingdom
- Spain
- Italy
- France
- Russia
- Rest of the Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- Rest of the Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- South Africa
- United Arab Emirates
- Rest of Middle East and Africa
Key players
- DuPont
- Kerry Inc.
- Cargill, Incorporated
- Jungbunzlauer Suiss AG, Basel
- Koninklijke DSM N.V.
Competitive Landscape
Key players competing in the food preservatives market include DuPont; Kerry Inc.; Cargill, Incorporated; Jungbunzlauer Suiss AG, Basel, Koninklijke DSM N.V. Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Preservatives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Preservatives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Preservatives Market - Supply Chain
4.5. Global Food Preservatives Market Forecast
4.5.1. Food Preservatives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Preservatives Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Food Preservatives Market Absolute $ Opportunity
5. Global Food Preservatives Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Food Preservatives Market Size and Volume Forecast by Types
5.3.1. Natural
Synthetics
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Preservatives Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Food Preservatives Market Size and Volume Forecast by Applications
6.3.1. Dairy & Frozen Products
Bakery
Meat Poultry & Seafood
Beverages
Sauces and Salad Mixes
Confectionary
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Food Preservatives Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Food Preservatives Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Food Preservatives Demand Share Forecast, 2019-2026
8. North America Food Preservatives Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Food Preservatives Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Food Preservatives Market Size and Volume Forecast by Types
8.4.1. Natural
Synthetics
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Food Preservatives Market Size and Volume Forecast by Applications
8.7.1. Dairy & Frozen Products
Bakery
Meat Poultry & Seafood
Beverages
Sauces and Salad Mixes
Confectionary
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Food Preservatives Demand Share Forecast, 2019-2026
9. Latin America Food Preservatives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Food Preservatives Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Food Preservatives Market Size and Volume Forecast by Types
9.4.1. Natural
Synthetics
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Food Preservatives Market Size and Volume Forecast by Applications
9.7.1. Dairy & Frozen Products
Bakery
Meat Poultry & Seafood
Beverages
Sauces and Salad Mixes
Confectionary
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Food Preservatives Demand Share Forecast, 2019-2026
10. Europe Food Preservatives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Food Preservatives Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Food Preservatives Market Size and Volume Forecast by Types
10.4.1. Natural
Synthetics
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Food Preservatives Market Size and Volume Forecast by Applications
10.7.1. Dairy & Frozen Products
Bakery
Meat Poultry & Seafood
Beverages
Sauces and Salad Mixes
Confectionary
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Food Preservatives Demand Share Forecast, 2019-2026
11. Asia Pacific Food Preservatives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Food Preservatives Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Food Preservatives Market Size and Volume Forecast by Types
11.4.1. Natural
Synthetics
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Food Preservatives Market Size and Volume Forecast by Applications
11.7.1. Dairy & Frozen Products
Bakery
Meat Poultry & Seafood
Beverages
Sauces and Salad Mixes
Confectionary
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Food Preservatives Demand Share Forecast, 2019-2026
12. Middle East & Africa Food Preservatives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Food Preservatives Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Food Preservatives Market Size and Volume Forecast by Types
12.4.1. Natural
Synthetics
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Food Preservatives Market Size and Volume Forecast by Applications
12.7.1. Dairy & Frozen Products
Bakery
Meat Poultry & Seafood
Beverages
Sauces and Salad Mixes
Confectionary
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Food Preservatives Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Food Preservatives Market: Market Share Analysis
13.2. Food Preservatives Distributors and Customers
13.3. Food Preservatives Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. DuPont
Kerry Inc.
Cargill, Incorporated
Jungbunzlauer Suiss AG, Basel
Koninklijke DSM N.V.