India Food Preservatives Market Share & Growth Report | 2031

Segments - India Food Preservatives Market by Types (Natural and Synthetic), Applications (Beverages, Dairy & Frozen Products, Bakery, Meat Industry, Confectionery, and Others), and Country - India Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Anuradha B. More

Fact-checked by : Vaibhav Chandola

Editor : Shruti Bhat

Report Description

The India Food Preservatives Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 3.86% during the forecast period, 2023 – 2031. The growth of the market is attributed to the changing customer lifestyle and rising import and export of spices and seasonings.

Food preservatives are additives that keep the food safe and fresh for longer periods of time. During the manufacturing and packing of drinks, dairy goods, snacks, meat, and seafood, food preservatives are employed to avoid bacterial impacts. Natural and artificial food preservatives are the two types of preservatives available. Food preservatives also serve a variety of purposes, such as antimicrobials, antioxidants, chelating agents, and enzyme assailants.

Natural preservatives such as salt, sugar, alcohol, and vinegar are used in the production of jams, juices, and pickles. Artificial preservatives such as sulphites, nitrates, and benzoates are widely used in the food industry. Nitrites are used to protect meat products, including sausages and hams against the bacteria that causes botulism. Molds and bacteria are more susceptible to benzoic acid than yeasts. It is utilized in low-sugar jams, jellies, and sauces as an antifungal and antibacterial agent.

Market Trends, Drivers, Restraints, and Opportunities

Rising demand for convenience and packaged food products by the increasing population and rising urbanization rates are anticipated to boost the market growth.
Increasing awareness about the ill effects of synthetic ingredients and growing consumer demand for fresh and natural foods are expected to spur the growth of the market.
Rising consumer willingness to pay a premium price for natural food products is projected to drive the market growth.
Growing processed food consumption is propelling the market growth.
Increasing awareness about artificial preservatives and avoiding age-old additives is expected to fuel the market expansion during the forecast period.
Rising geriatric population and increasing inclination of calorie-conscious consumers toward healthy alternatives are driving the market growth during the forecast period.
Health hazards associated with food preservatives are expected to restrict the market expansion.
Increasing R&D investment on development of preservatives, flavour enhancers, natural colour additives, and protein-based fat replacers, which enhance the organic food quality, is estimated to create immense opportunities for the market growth.

Scope of India Food Preservatives Market Report

The report on the India food preservative market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Food Preservative Market - India Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Natural and Synthetic) and Applications (Beverages, Dairy and frozen Products, Bakery, Meat Industry, Confectionery, and Others)
Geographical Zone	India
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Cargill Inc, Kerry Group, Corbion Purac, Royal DSM, and BASF SE.

India Food Preservative Market Segment Insights

The synthetic segment is projected to account for a major market share

On the basis of types, the market is bifurcate into natural and synthetic. The synthetic segment is expected to account for a key market share during the forecast period owing to their low cost, diverse functionalities, and abundance. Synthetic type is widely used as it is economical and easy to formulate. They can be formulated depending on the application requirements.

Extension of product shelf life and augment in demand for ready-to-eat food products are anticipated to drive the market segment growth. Expanding use in meat, poultry, and dairy products are fostering the market segment. To increase the efficiency, sorbates, benzoates, and propionates are frequently used together. Higher permitted limit and its uses in baked products and snacks are fostering the segment growth.

Meat industry segment is anticipated to expand at a substantial CAGR

In terms of applications, the market is segmented int beverages, dairy & frozen products, bakery, meat industry, confectionery, and others. The key preservative added to cured meats, bacon, and ground beef is sodium nitrite. Sodium nitrite, when added to meat and fish, destroys toxins and reacts with proteins in the meat.

Solutions used by meat processors to improve shelf-life and taste can also help to reduce pathogens. Preservatives for meat are required on a large-scale due to increasing consumption of the same in the country.

India Food Preservatives Market Applications

Segments

The India food preservative market has been segmented on the basis of

Types

Natural
Synthetic

Applications

Beverages
Dairy & Frozen Products
Bakery
Meat Industry
Confectionery
Others

Country

India

Key Players

Cargill Inc
Kerry Group
Corbion Purac
Royal DSM
BASF SE

Competitive Landscape

Key players competing in the India food preservative market include Cargill Inc, Kerry Group, Corbion Purac, Royal DSM, and BASF SE.

India Food Preservatives Market Key Players

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 (000â€™ Units) and Y-o-Y Growth
     4.5.3. Food Preservatives Market Absolute $ Opportunity
5. Global Food Preservatives Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Food Preservatives Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Food Preservatives Demand Share Forecast, 2019-2026
6. North America Food Preservatives Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Food Preservatives Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Food Preservatives Demand Share Forecast, 2019-2026
7. Latin America Food Preservatives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Food Preservatives Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Food Preservatives Demand Share Forecast, 2019-2026
8. Europe 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
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Food Preservatives Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Food Preservatives Demand Share Forecast, 2019-2026
9. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Food Preservatives Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Food Preservatives Demand Share Forecast, 2019-2026
10. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Food Preservatives Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Food Preservatives Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Food Preservatives Market: Market Share Analysis
  11.2. Food Preservatives Distributors and Customers
  11.3. Food Preservatives Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Cargill Inc Kerry Group Corbion Purac Royal DSM BASF SE