South America Food Preservatives Market

South America Food Preservatives Market by Types (Natural and Synthetic), Applications (Beverage, Dairy & Frozen Product, Bakery, Meat, Poultry & Seafood, Confectionery, Sauces & Salad Mixes, and Others), and Regions (Brazil, Columbia, and Rest of South America) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: FB-2474
  • Author: Growth Market Reports
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  • No. Of Pages: 215
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The South America food preservatives market size was valued at USD 0.43 billion in 2021 and is projected to expand at a substantial CAGR during the forecast period. Growth of the market is attributed to rising demand for packaged foods.

South America Food Preservatives Market

South America is a developing market with enormous potential and rapid growth rates. ?Growth of the market is primarily driven by diet and flavor convergence, rising per capita income in emerging economies, increasing urbanization, and rising consumer preference for processed foods. Global demand for these products is increasing due to a variety of factors such as changing customer lifestyle, increasing imports and exports, changing consumer preference for fresh products, and increasing consumer willingness to pay a premium price.

The Covid-19 pandemic affected the demand and supply of South America food preservatives market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Changing people’s life style is projected to drive the market.
  • Increasing demand for processed food has in turned fueled the market.
  • Strict government rules are estimated to hinder the market growth.
  • Development of natural food preservatives is anticipated to create immense opportunities for the market players.

Scope of the Report

The report on the South America 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

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

Base Year

2021

Historic Data

2019–2020

Forecast Period

2021–2028

Segmentation

Types (Natural and Synthetic), Applications (Beverage, Dairy & Frozen Product, Bakery, Meat, Poultry & Seafood, Confectionery, Sauces & Salad Mixes, and Others)

Regional Scope

Brazil, Columbia, and Rest of South America

Report Coverage

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

Key Players Covered in the Report

Kerry Inc.; DSM; DuPont; and BASF SE

Market Segment Insights

The synthetic segment holds a major market share

Based on types, the South America food preservatives market is segregated into natural and synthetic. The synthetic segment is projected to expand at a substantial CAGR during forecast period. Depending on the target food-spoiling agent, all natural and chemical/synthetic preservation additives can be broadly classified as antimicrobials, antioxidants, and chelators. Chemical preservatives are expected to account for a major share of the market due to their low cost, diverse functionalities, and abundance; however, growing consumer resistance and effects on human health are among the major reasons driving natural preservatives segment.

South America Food Preservatives Market

The meat segment is anticipated to expand during the forecast period

On the basis of applications, the South America food preservatives market is segregated into beverage, dairy & frozen product, bakery, meat, poultry & seafood, confectionery, sauces & salad mixes, and others. The meat segment held the major market share of 32.6 percent in 2016. Globally, the processed meat, poultry, and seafood industries are expanding at a rapid pace, which is expected to drive demand during the forecast period.

South America Food Preservatives Market

The market in Brazil is projected to hold a major market share

In terms of geography, the South America food preservatives market is classified as Brazil, Columbia, and Rest of South America. Brazil is anticipated to dominate the market. Furthermore, high employment rates and the increasing presence of women in the workplace encouraged Brazilians to consume more processed foods on a daily basis. Major manufacturers are expected to respond by developing more targeted fortified/functional products with safe preservatives. This has a knock-on effect on the country's market.

South America Food Preservatives Market

Segments

Segments Covered in the Report

The South America food preservatives market is segmented on the basis of

Types

  • Natural
  • Synthetic

End-users

  • Beverage
  • Dairy & Frozen Product
  • Bakery
  • Meat
  • Poultry & Seafood
  • Confectionery
  • Sauces and Salad Mixes
  • Others

Regions

  • Brazil
  • Columbia
  • Rest of South America

Key Players

  • Kerry Inc.
  • DSM
  • DuPont
  • BASF SE

Competitive Landscape

Major players competing in the South America food preservatives market include Kerry Inc., DSM, DuPont, and BASF SE.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

South America Food Preservatives Market

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 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)

Segments Covered in the Report

The South America food preservatives market is segmented on the basis of

Types

  • Natural
  • Synthetic

End-users

  • Beverage
  • Dairy & Frozen Product
  • Bakery
  • Meat
  • Poultry & Seafood
  • Confectionery
  • Sauces and Salad Mixes
  • Others

Regions

  • Brazil
  • Columbia
  • Rest of South America

Key Players

  • Kerry Inc.
  • DSM
  • DuPont
  • BASF SE

Major players competing in the South America food preservatives market include Kerry Inc., DSM, DuPont, and BASF SE.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

South America Food Preservatives Market

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