Food Preservatives Market

Italy Food Preservatives Market

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Anuradha

Author:

Anuradha B. More

Vaibhav

Fact-checked by:

Vaibhav Chandola

Aman

Editor:

Aman Singh

The Italy food preservatives market size is projected to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand for convenience and packaged foods by burgeoning population.

Food preservatives are added in food items to keep the safe, without spoiling or increasing their shelf life. They are classified in two groups such as natural preservatives and chemical preservatives. Natural preservatives include salt, sugar, vinegar, syrup, spices, honey, and edible oil whereas chemical preservatives include benzoates, sorbets, nitrites, sulfites, glutamates, glycerides, and nitrates of sodium or potassium. Natural and chemical preservatives are categorized in three types such as antimicrobials, anti-oxidants, and anti-enzymatic preservatives. Preservatives play an important role in several products, such as medicines, food, and personal care products.

Italy Food Preservatives Market Key Takeaways

Market Trends, Drivers, Restraints and Opportunities

  • Growing demand for food with an extended shelf life is projected to drive the market growth during the forecast period.
  • Increasing demand for processed foods is expected to boost the market growth in the coming years.
  • Expanding demand for frozen foods is anticipated to fuel the growth of the market.
  • Rising demand for antimicrobial agents is projected to drive the market growth during the forecast period.
  • Widening awareness regarding food safety is projected to drive the market growth during the forecast period.
  • Growing demand for natural and organic food is expected to boost the market growth in the coming years.
  • Increasing availability of convenience products such as ready-to-eat dry goods around the country is anticipated to drive the market growth during the forecast period.
  • Rising complexity of the food supply chain is expected to boost the market growth in the coming years.
  • Growing demand for food applications is projected to drive the market growth during the forecast period.
  • The availability of natural preservatives is estimated to restrict the market growth in the coming years.
  • Health hazards of chemical preservatives can restrict the market growth.
  • Growing market for food preservatives can create lucrative opportunities during the forecast period.

Scope of Food Preservatives Market Report

The report on the Italy 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

Details

Report Title

Food Preservatives Market - Italy Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Natural and Synthetic) and Applications (Beverages, Dairy and Frozen Products, Bakery, Meat, Poultry, and Seafood, Confectionery, and Others)

Country Scope

Italy

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

ADM; Cargill Inc.; Kerry Inc.; Koninklijke DSM NV; Jungbunzlauer Suisse AG; Basel; and Corbion NV

Italy Food Preservatives Market Segment Insights

Synthetic segment to hold a significant market share

Based on types, the market is divided into natural and synthetic. The natural segment is anticipated to hold a key share of the market in the coming years due to increased consumer demand for natural preservatives. However, the synthetic segment is anticipated to expand at a rapid pace during the forecast period, as they protect against botulism, prevent bacterial growth in the food products, and increase the shelf life of the food products.

Meat, poultry, and seafood segment is anticipated to hold a large market share

On the basis of applications, the market is bifurcated into beverages, dairy and frozen products, bakery, meat, poultry, and seafood, confectionery, and others. The dairy and frozen products segment is anticipated to expand at a rapid pace during the forecast period. Dairy products are high in protein and can curb appetite.

However, the meat, poultry, and seafood segment is anticipated to hold a key share of the market in the coming years, as these products supply a range of important nutrients, including protein, iron, zinc, vitamin B12, and omega-3 fatty acids. Moreover, the eggs are also rich in many micronutrients, such as vitamins A and D.

Italy Food Preservatives Market Applications

Segments

The Italy food preservatives market has been segmented on the basis of

Types

  • Natural
  • Synthetic

Applications

  • Beverages
  • Dairy and Frozen Products
  • Bakery
  • Meat, Poultry, and Seafood
  • Confectionery
  • Others

Country

  • Italy

Key Players

Competitive Landscape

Key players competing in the food preservatives market includes ADM; Cargill Inc.; Kerry Inc.; Koninklijke DSM NV; Jungbunzlauer Suisse AG; Basel; and Corbion NV.

Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share. In October 2021, Kerry Group developed a leading-edge plant-based dairy alternative toolkit with emerging brands racing to innovate in beverages, frozen desserts, and vegan slices.

Italy Food Preservatives Market Key Players

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 Synthetic
  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. Beverages Dairy and Frozen Products Bakery Meat, Poultry, and Seafood Confectionery Others
  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 Synthetic
  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. Beverages Dairy and Frozen Products Bakery Meat, Poultry, and Seafood Confectionery Others
  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 Synthetic
  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. Beverages Dairy and Frozen Products Bakery Meat, Poultry, and Seafood Confectionery Others
  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 Synthetic
  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. Beverages Dairy and Frozen Products Bakery Meat, Poultry, and Seafood Confectionery Others
  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 Synthetic
  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. Beverages Dairy and Frozen Products Bakery Meat, Poultry, and Seafood Confectionery Others
  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 Synthetic
  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. Beverages Dairy and Frozen Products Bakery Meat, Poultry, and Seafood Confectionery Others
  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. ADM Cargill Inc. Kerry Inc. Koninklijke DSM NV Jungbunzlauer Suisse AG Basel  

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