Natural preservatives are naturally derived additives which are used in a wide range of products, such as snacks, bakery, confectionery, meat, seafood, poultry, and others to preserve the natural characteristics of food and increase their shelf life for storage. In addition, natural food preservatives are used to avoid spoilage during transportation. The traditional natural ways of preservation include freezing, boiling, smoking, pasteurizing, pickling, and others. Sugar and salt are the earliest natural ways of food preservation that efficiently reduced the growth of bacteria in food.
Change in consumer preferences is expected to be a major factor that drives the demand for food preservatives. Increase in demand for convenience products has increased the demand for foods with longer shelf life, thus augmenting the demand for food preservatives. Rise in consumption of ready-to-eat food products has also driven the consumption of food preservatives in the recent past. Increase in demand for organic food products restrains the market growth as they often do not contain any preservatives.
The market is segmented on the basis of type, function, application, and region. By type, it is divided into salt, sugar, oil, honey, citric acid, vinegar and others. The others segment includes plant extracts and fruit extracts. By function, the market is segmented into antimicrobial, antioxidants, and others. On the basis of application, the market is split into sea food, meat & poultry, bakery products, dairy products, snacks, beverages, fruits & vegetables, and others. The others segment is further divided into sauces, dressings, condiments, confectionery, and savory. The market analyzed for four regions, namely, North America, Europe, Asia-Pacific and LAMEA.
The prominent players in the global natural food preservatives market have strategically focused on product launch as their key strategy to gain significant share in the market. The key players in market have utilized partnerships and acquisitions to stay relevant in the global market. The key players operating 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.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTATION
By Type
o Salt
o Sugar
o Oil
o Honey
o Citric Acid
o Vinegar
o Others
By Function
o Antimicrobial
o Antioxidants
o Antimicrobial
By Region
North America
Europe
Asia-Pacific
LAMEA
Change in consumer preferences is expected to be a major factor that drives the demand for food preservatives. Increase in demand for convenience products has increased the demand for foods with longer shelf life, thus augmenting the demand for food preservatives. Rise in consumption of ready-to-eat food products has also driven the consumption of food preservatives in the recent past. Increase in demand for organic food products restrains the market growth as they often do not contain any preservatives.
The market is segmented on the basis of type, function, application, and region. By type, it is divided into salt, sugar, oil, honey, citric acid, vinegar and others. The others segment includes plant extracts and fruit extracts. By function, the market is segmented into antimicrobial, antioxidants, and others. On the basis of application, the market is split into sea food, meat & poultry, bakery products, dairy products, snacks, beverages, fruits & vegetables, and others. The others segment is further divided into sauces, dressings, condiments, confectionery, and savory. The market analyzed for four regions, namely, North America, Europe, Asia-Pacific and LAMEA.
The prominent players in the global natural food preservatives market have strategically focused on product launch as their key strategy to gain significant share in the market. The key players in market have utilized partnerships and acquisitions to stay relevant in the global market. The key players operating 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.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2018 to 2026, to identify the prevailing natural food preservatives market opportunities.
- The key countries in all the major regions are mapped on the basis of their market share.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the size and segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry.
- Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the natural food preservatives industry.
KEY MARKET SEGMENTATION
By Type
o Salt
o Sugar
o Oil
o Honey
o Citric Acid
o Vinegar
o Others
By Function
o Antimicrobial
o Antioxidants
o Antimicrobial
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- UAE
- Saudi Arabia
- Rest of LAMEA
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Natural Food Ingredient Market, By Type
Chapter 5: Natural Food Ingredient Market, By Function
Chapter 6: Natural Food Ingredient Market, By Application
Chapter 7: Natural Food Preservatives Market, By Region
Chapter 9: Company Profiles
Executive Summary
According to the report titled, 'Natural Food Preservatives Market By Type, Function And Application: Global Opportunity Analysis And Industry Forecast, 2019-2026,' the global natural food preservatives market size was valued at $796.1 million in 2018 and is projected to reach $1,068.1 million by 2026, growing at a CAGR of 3.7% from 2019 to 2026. Asia-Pacific is one of the prominent regions in the market that accounted for approximately one-fourth of the total natural food preservatives market share in 2018. Preservatives are used in a wide range of products, such as bakery, confectionery, snacks, meat, seafood, poultry, and others, to reduce oxidation, prevent food spoilage, and inhibit microbial growth. The types of preservatives include antimicrobials, antioxidants, chelating agents, and others. Various regulations are imposed on the use of food preservatives by regulatory bodies. FDA has regulated the concentration range of preservatives to be added in food products and has also banned use of chemicals that are harmful to human health.Factors that drive the natural food preservatives market growth are change in lifestyle of people and varied consumer trends toward use of ready-to-eat food products. The food & beverage processing industry has influenced the food preservatives market to a large extent. In addition, growth in bakery, confectionery, meat, and poultry applications is expected to fuel the demand for food preservatives in the future. However, stringent regulations pertaining to the use of chemical preservatives in many regions and rise in awareness among consumers toward use of these additives are expected to hamper the growth of the market.
The Natural Food Preservatives Industry is segmented on the basis of type, function, application, and region. On the basis of type, it is divided into salt, sugar, oil, honey, citric acid, vinegar, and others. The others segment includes plant extracts and fruit extracts. By function, the market is categorized into antimicrobial, antioxidants, and others. By application, the market is split into sea food, meat & poultry, bakery products, dairy products, snacks, beverages, fruits & vegetables, and others. The others segment is further divided into sauces, dressings, condiments, confectionery, and savory snacks. The natural food preservatives are studied four regions, namely, North America, Europe, Asia-Pacific, and LAMEA
According to Shankar Bhandalkar, Senior Research Analyst, Food and Beverages, “Over the years, general awareness among consumers about health and fitness has increased exponentially. They are now aware of the effects of synthetic preservatives used in food. To remain fit and healthy, consumers today are shifting toward food items which either do not contain preservatives or use natural preservatives to increase shelf life.”
According to the natural food preservatives market the salt segment was the highest contributor to the global market. However, the citric acid segment is expected to grow at the fastest CAGR of 4.8% during the forecast period reaching $110.6 million by 2026. Citric acid is found naturally in citrus fruits. It is widely used in carbonated drinks and as an acidifier in foods. The market for aerated drinks is growing exponentially, therefore, the market for citric acid is also expected to grow at a substantial rate.
According to the natural food preservatives market analysis, the antimicrobial segment accounted for the maximum share in the global market in 2018 and is expected to remain dominant during the forecast period. Also, the antioxidants segment is expected to experience a rapid growth with a CAGR of 3.5% from 2019 to 2026. In addition, the sea food, meat & poultry segment accounted for a maximum share in the global market in 2018 and is expected to remain dominant during the forecast period. The snack and bakery segment is expected to grow at significant CAGR of 4.7% and 4.1% during the forecast period.
An increase in demand for natural food preservation equipment in Asia-Pacific and LAMEA is expected in the future, owing to the rise in the prevalence in consumption of packaged food in this region. Moreover, rise in the general awareness about harmful effects of synthetic compounds in food and adoption of clean label food ingredients is expected to provide opportunities for the growth global market.
Key Findings of the Natural Food Preservatives Market :
Based on type, the salt segment in the market is expected to grow at a CAGR of 3.4% from 2019 to 2026.
Based on region, North America is projected to maintain its lead position throughout the forecast period, growing at a CAGR of 3.4%.
Based on function, the antimicrobial segment accounted for more than 57.4% of the total natural food preservatives market in 2018.
Based on region, Asia-Pacific is expected to occupy a sizeable share in the global natural food preservatives market. It is expected to reach $316.2 million in 2026.
Based on application, the sea food, meat & poultry segment is expected to grow at a CAGR of 3.4% from 2019 to 2026.
North America accounted for approximately two-fifth share of the total natural food preservatives market in 2018 and is expected to remain dominant during the forecast period. Asia-Pacific is expected to be a prominent market with major growth expected in China, India, and other developing countries.
The key players profiled in the natural food preservatives market report include 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.
Companies Mentioned
- Koninklijke DSM N.V.
- CargillInc
- Kemin IndustriesInc.
- Archer Daniels MidlCompany
- Tate & Lyle PLC.
- BASF SE
- Corbion NV
- Galactic SA
- Biosecur Lab (Foodguard)
- ITA 3 S.r.l.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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