The global natural food preservatives market was valued at USD 796.3 Million in 2018 and is anticipated to expand at substantial CAGR during the forecast period, between 2021 and 2028. Natural food preservatives refer to organic or plant-based additives used in a wide range of food products such as bakery products, snacks, meat, seafood, poultry, and others for the purpose of preservation.
Several preservation and storage methods are applied so as to increase the shelf life of food products for consumption in the future. Additionally, preservatives are used in food products to avoid contamination and bacterial ingrowth during transportation. Traditionally, natural food preservatives include various processes such as freezing, boiling, smoking, pickling, or pasteurization.
By keeping the food under extreme temperature conditions, bacteria growth can be avoided that help to prevent from deterioration. Natural food preservatives have antioxidant and antibacterial properties that prevent microorganism growth and degradation of food by modifying the pH level.
Market Trends, Drivers, Restraints, and Opportunities
- Changing consumer preferences towards preserved food and beverages and the increase in demand for convenience products are primarily driving the market.
- Rising consumption of ready to eat food products owing to the change in lifestyle of consumers and rising number of the working population positively impacts the market growth.
- Consumer awareness about food-borne diseases due to improper packaging and rising concerns for fresh and organic food items are key challenges that can hamper the market growth.
- Increasing number of working women globally and their busy lifestyle of people owing to rapid urbanization and industrialization in developing countries are expected to provide lucrative growth opportunities of the market.
- Development of new and innovative preservatives such as rosemary that not only keeps the food preserved but also offers health benefits presents another factor for market growth.
Scope of the report
The report on the global natural food preservatives market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes
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Details
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Report Title
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Natural 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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Product Types (Salt, Sugar, Oil, Honey, Citric Acid, Vinegar, and Others), Functions (Antimicrobial, Antioxidants, and Others), Applications (Sea Food, Meat & Poultry, Bakery Products, Dairy Products, Snacks, Beverages, Fruits & Vegetables, and Others)
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Regional Scope
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Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
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Key Players Covered
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Koninklijke DSM N.V.; Cargill. Inc.; Kemin Industries. Inc.; Archer Daniels Midland Company; Tate & Lyle PLC.; BASF SE; Corbion NV; GALACTIC SA; BIOSECUR LAB (Foodguard); and ITA 3 S.r.l
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Natural Food Preservatives Market Segment Insights
Citric acid segment to witness substantial growth
Based on product types, the global natural food preservatives market is segmented into salt, sugar, oil, honey, citric acid, vinegar, and others. The citric acid segment is forecasted to register a robust CAGR during the forecast period owing to the wide adoption of citric acid in the preservation process. This lowers the extraction cost, thereby, lowering overall production cost of food products containing citric acid.
Citric acid is used in many carbonated drinks and as an acidifier in foods. The salt segment, however, is projected to exhibit rapid growth as salt is cheap and easily available for the preservation procedures. Salt reduces the water activity of foods and prevents the attack of microbes.
High application in the food & beverage products drives the antimicrobial segment
On the basis of functions, the market is classified as antimicrobial, antioxidants, and others. The antimicrobial segment is expected to witness significant growth during the forecast period as it consists as a major ingredient for various food & beverage products. Antimicrobial elements such as citric acid, rosemary, sage, and lactic acid are highly used in the food & beverage industry for preservation of foods.
Microbial preservatives inhibit the growth of microorganisms in food. The antioxidants segment, on the other hand, is forecasted to expand at a rapid rate owing to the increasing consumer awareness about the health benefits of consumption of antioxidants.
High consumption of meat drives the meat & poultry segment
Based on applications, the global natural food preservatives market is divided into sea food, meat & poultry, bakery products, dairy products, snacks, beverages, fruits & vegetables, and others. The meat & poultry segment is projected to exhibit a robust growth rate in the coming years owing to high demand for meat products and consumption of processed meat & poultry.
Rising per capita income of a large number of the global population and the dynamic change of food habits of consumers are further expected to drive the segment growth. Additionally, the requirement for preservation in meat & poultry products is higher as compared to other food products owing to high quality preservation of meat and rising demand of processed meat for consumers living in different climate situations.
Asia Pacific to dominate the global market
In terms of regions, the market is categorized as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the projected period due to rapid demand for authentic ethnic flavours, convenience foods, and organic foods in countries such as India and China.
Urbanization and industrialization in the region support the growth of the market as consumer preference for quality, health convenience products. Furthermore, several marketing strategies taken by major players in the region to promote convenience food products with natural preservatives present key drivers of the regional market.
Segments
By Product Types
- Salt
- Sugar
- Oil
- Honey
- Citric Acid
- Vinegar
- Others
By Functions
- Antimicrobial
- Antioxidants
- Others
By Applications
- Sea Food
- Meat & Poultry
- Bakery Products
- Dairy Products
- Snacks
- Beverages
- Fruits & Vegetables
- Others
By Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
By Key Players
- Koninklijke DSM N.V.
- Cargill. Inc.
- Kemin Industries. Inc.
- Archer Daniels Midland Company
- Tate & Lyle PLC.
- BASF SE
- Corbion NV
- GALACTIC SA
- BIOSECUR LAB (Foodguard)
- ITA 3 S.r.l
Competitive Landscape
Key players competing in the global natural food preservatives market are Koninklijke DSM N.V.; Cargill. Inc.; Kemin Industries. Inc.; Archer Daniels Midland Company; Tate & Lyle PLC.; BASF SE; Corbion NV; GALACTIC SA; BIOSECUR LAB (Foodguard); and ITA 3 S.r.l.
These players have constantly engaged in various market development activities such as collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to strengthen their geographical presence and increase their market share.
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