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Mexico Food Preservatives Market Size & Growth Report | 2031

Mexico Food Preservatives Market

Name: Growth Market Reports
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Segments - by Types (Synthetic and Natural), Applications (Bakery Products, Dairy Products, Meat, Poultry, & Seafood, Beverages, Confectionery, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, Covid-19 Impact, and Forecast 2023 – 2031

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Author :

Anuradha B. More

Fact-checked by :

Vaibhav Chandola

Editor :

Aman Singh

Report Description

The Mexico food preservatives market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of XX % during the forecast period, 2023-2031. The growth of the market is attributed to the demand for natural preservatives in food products.

Food preservation is the technique of treating food with preservatives to prevent or reduce decomposition of food caused by microorganisms such as bacteria & fungus, as well as to extend its shelf life. Reduces lipid oxidation, which causes rancidity.

To avoid bacterial impacts, food preservatives are used in dairy, beverage, meat, snack, and seafood establishments during processing and packing. The shelf life of the food is extended, and the color, flavor, and texture are improved, but the inherent features of the food are preserved. Food preservatives also serve as antioxidants, antimicrobial agents, chelating agents, and enzyme attackers, among other activities.

The COVID-19 pandemic positively impacted the food preservative market. Preservatives in meat aid in preventing the microbial growth, delaying enzymatic activity, and avoiding the oxidation of fatty acids that cause rancidity. During the lockdown in early 2020, retail sales of frozen meat, poultry, and shellfish surged. This was primarily due to increasing demand for frozen foods as people cooked more meals at home. During the pandemic, the bread business grew rapidly, and customers' moved toward prepared meals-to-go in grocery stores contributed to the requirement for food preservatives. Manufacturers are now focused on development of plant-based food preservatives to cater customers’ requirements.

The yearly value of processed food exported from Mexico was USD 8.44 million in 2017, according to the National Institute of Statistics and Geography of Mexico. The number of enterprises involved in the preparation of bread goods and tortillas in Mexico increased from 119530 in 2007 to 129650 in 2017, according to the same organization.

Mexico Food Preservatives Market Trends, Drivers, Restraints, and Opportunities

Rising awareness about negative impacts of using synthetic preservatives is projected to drive the market growth.
Growing demand for processed foods and beverages is estimated to boost the market.
Increasing number of health-conscious consumers and inclination toward clean label foods and organic foods is expected to propel the market.
Expanding demand for food preservatives can create lucrative opportunities for the market.
Increasing demand for natural food preservatives is expected to proliferate the growth of the market.

Scope of Mexico Food Preservatives Market Report

The report on the Mexico 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 - Mexico Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Type (Synthetic & Natural) and Applications (Bakery Products, Dairy Products, Meat, Poultry, & Seafood, Beverages, Confectionery, and Others)
Country Scope	Mexico
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	BASF SE.; Archer Daniels Midland Company.; Brenntag AG.; Kerry Group plc.; and Koninklijke DSM N.V.

Mexico Food Preservatives Market Segment Insights

Natural segment is expected to grow at a rapid pace

Based on types, the Mexico food preservatives market is divided into synthetic & natural. The natural segment is expected to grow at a rapid pace during the forecast period due to rising demand for clean-label foods and health-conscious consumers. Food and beverage items that claim to be devoid of artificial preservatives and clean-label are becoming increasingly consumed among customers. Changing lifestyles of locals and government emphasis on the usage of clean-label items are major drivers of the market.

The bakery segment is anticipated to expand at a rapid pace

On the basis of applications, the market is segregated into bakery products, dairy products, meat, poultry, & seafood, beverages, confectionery, and others. The bakery segment is anticipated to expand at a rapid pace during the forecast period owing to the residents' enthusiasm for baked goods. On the other hand, the meat segment is estimated to grow at a steady pace in the coming years.

Segments

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

Types

Synthetic
Natural

Applications

Bakery Products
Dairy Products
Meat
Poultry
Seafood
Beverage
Confectionery
Others

Country

Mexico

Key Players

BASF SE.
Archer Daniels Midland Company.
Brenntag AG.
Kerry Group plc.
Koninklijke DSM N.V.

Competitive Landscape

Key players competing in the Mexico food preservatives market include BASF SE.; Archer Daniels Midland Company.; Brenntag AG.; Kerry Group plc.; Koninklijke DSM N.V. Some of these players are adopting various strategies, such as partnerships, acquisitions, and product launches, to gain a larger share in the market. The food preservatives market is fairly consolidated, with the top players controlling majority of market share.

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 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. Synthetic
     5.3.2. Natural
  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. Bakery Products
     6.3.2. Dairy Products
     6.3.3. Meat
     6.3.4. Poultry
     6.3.5. Seafood
     6.3.6. Beverage
     6.3.7. Confectionery
     6.3.8. 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. Synthetic
     8.4.2. Natural
  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. Bakery Products
     8.7.2. Dairy Products
     8.7.3. Meat
     8.7.4. Poultry
     8.7.5. Seafood
     8.7.6. Beverage
     8.7.7. Confectionery
     8.7.8. 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. Synthetic
     9.4.2. Natural
  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. Bakery Products
     9.7.2. Dairy Products
     9.7.3. Meat
     9.7.4. Poultry
     9.7.5. Seafood
     9.7.6. Beverage
     9.7.7. Confectionery
     9.7.8. 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. Synthetic
     10.4.2. Natural
  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. Bakery Products
     10.7.2. Dairy Products
     10.7.3. Meat
     10.7.4. Poultry
     10.7.5. Seafood
     10.7.6. Beverage
     10.7.7. Confectionery
     10.7.8. 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. Synthetic
     11.4.2. Natural
  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. Bakery Products
     11.7.2. Dairy Products
     11.7.3. Meat
     11.7.4. Poultry
     11.7.5. Seafood
     11.7.6. Beverage
     11.7.7. Confectionery
     11.7.8. 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. Synthetic
     12.4.2. Natural
  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. Bakery Products
     12.7.2. Dairy Products
     12.7.3. Meat
     12.7.4. Poultry
     12.7.5. Seafood
     12.7.6. Beverage
     12.7.7. Confectionery
     12.7.8. 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. BASF SE.
     13.4.2. Archer Daniels Midland Company.
     13.4.3. Brenntag AG.
     13.4.4. Kerry Group plc.
     13.4.5. Koninklijke DSM N.V.

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