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Food Preservatives Market by Type (Natural and Synthetic (Sorbates, Benzoates, Propionates, and Others), Function, and Application: Global Opportunity Analysis and Industry Forecast, 2022-2031

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    Report

  • 234 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578361
The global Food Preservatives market was valued at $2,511.5 million in 2020, and is projected to reach $3,671.7 million by 2031, registering a CAGR of 3.4% from 2022 to 2031. Preservatives are used in a variety of items, including snacks, bread, confectionery, meat, fish, and poultry, among others, to maintain the natural properties of food and extend the shelf life of food products for storage. Furthermore, food preservatives are employed to prevent spoiling during transportation. Natural preservatives or artificial preservatives are used to preserve food. Traditional natural preservation methods include freezing, boiling, smoking, pasteurization, pickling, and others. Sugar and salt are two of the earliest natural food preservation methods that effectively limit the growth of microorganisms in food.



Changes in consumer preferences are projected to be major factors that drive demand for food preservatives. The growth in demand for convenience products has increased the demand for foods with extended shelf lives, which has boosted the demand for food preservatives. The recent increase in consumption of ready-to-eat food products has also pushed the consumption of food preservatives. The rise in demand for organic food goods stifles market expansion. Furthermore, the health risks associated with chemical preservatives are expected to stymie the growth of the food preservatives market throughout the forecast period.

Food preservation techniques have been used for centuries to prevent food spoiling. Food preservatives are in high demand due to change in lifestyles and increased trade of food items around the world. To maintain high standards of food quality containing preservatives, many government authorities and commercial enterprises maintain effective control.

Increased consumer awareness and change in food consumption habits, and rise in population boost demand for various areas of the food and beverage industry drive the food preservative market. Increased demand for natural food preservatives in established economies and surge in need for processed food in emerging areas drive this growth.

The report segments the food preservatives market based on type, function, application, and region. Based on type, it is bifurcated into natural and synthetic. The natural food preservatives segment is further classified into sugar, salt, vinegar, honey, alcohol, edible oil, nicin, rosemary extracts, onion, and natamycin. The synthetic food preservatives segment is further categorized into sorbates, benzoates, propionates, and others. The sorbates segment is again bifurcated into sorbic acid and potassium sorbate. Benzoates are classified into benzoic acid and sodium benzoate. Propionates are categorized into propionic acid, sodium propionate, and calcium propionate. The others segment is classified into nitrites, sulfur dioxide, lactic acid, sodium diacetate, acetic acid. On the basis of function, the market is divided into anantimicrobials, antioxidants, and others. The application areas of the industry are broadly categorized into bakery; meat, poultry, and seafood; oils & fats, dairy & frozen foods; snacks; confectionery; beverages; and others. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global food preservatives market until 2023.

The prominent players in the global food preservatives market have strategically focused on product launch as their key strategy to gain significant share in the market.

The key players profiled in the report are as follows:

  • Danisco A/S
  • Akzo Nobel NV
  • Kemin Industries, Inc
  • Cargill, Incorporated
  • Hawkins Watts Limited
  • Celanese Corporation
  • Univar Inc
  • Koninklijke DSM NV

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides an extensive analysis of the current trends and emerging estimations in the global food preservatives market
  • In-depth analysis of the industry is conducted through market estimations of key segments from 2017 to 2023
  • Competitive intelligence of leading manufacturers and distributors of food preservatives helps to understand the competitive scenario across regions
  • Comprehensive analysis of factors that drive and restrain the growth of the market is provided
  • Extensive analysis of the industry is conducted by following key product positioning and monitoring the top competitors within the market framework
  • The key players are profiled and their strategies to determine the competitive outlook of the market

KEY MARKET SEGMENTS


By Type

  • Natural
  • Sugar
  • Salt
  • Vinegar
  • Honey
  • Alcohol
  • Edible Oil
  • Nicin
  • Rosemary Extracts
  • Onion
  • Natamycin
  • Synthetic
  • Sorbates
  • Sorbic Acid
  • Potassium Sorbate
  • Benzoates
  • Benzoic Acid
  • Sodium Benzoate
  • Propionates
  • Propionic Acid
  • Sodium Propionate
  • Calcium Propionate
  • Others
  • Nitrites
  • Sulfur Dioxide
  • Lactic Acid
  • Sodium Diacetate
  • Acetic Acid

By Function

  • Antimicrobials
  • Antioxidants
  • Others

By Application

  • Bakery
  • Meat, Poultry, and Seafood
  • Oils & Fats
  • Dairy &Frozen Foods
  • Snacks
  • Confectionery
  • Beverages
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • KSA
  • South Africa
  • Rest of LAMEA

The Other players in the value chain, include:

  • Brenntag Solutions Group, Inc
  • Tate & Lyle
  • Galactic
  • Kerry Group
  • E I du Pont de Nemours and Company
  • PuracBiochem BV
  • Kilo Ltd
  • Ajinomoto Co Inc
  • Albemarle Corporation

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary
2.1. Cxo Perspective

Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis
3.7. Pricing Analysis
3.8. Value Chain Analysis
3.9. Market Share Analysis
3.10. List of Value Chain Players
3.11. Competitive Heatmap

Chapter 4: Food Preservatives Market, by Type
4.1. Market Overview
4.1.1Market Size and Forecast, Bytype
4.2. Natural
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.2.4. Sugar
4.2.4.1. Market Size and Forecast
4.2.5. Salt
4.2.5.1. Market Size and Forecast
4.2.6. Vinegar
4.2.6.1. Market Size and Forecast
4.2.7. Honey
4.2.7.1. Market Size and Forecast
4.2.8. Alcohol
4.2.8.1. Market Size and Forecast
4.2.9. Edible Oil
4.2.9.1. Market Size and Forecast
4.2.10. Nicin
4.2.10.1. Market Size and Forecast
4.2.11. Rosemary Extract
4.2.11.1. Market Size and Forecast
4.2.12. Onion
4.2.12.1. Market Size and Forecast
4.2.13. Natamycin
4.2.13.1. Market Size and Forecast
4.3. Synthetic
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
4.3.4. Sorbates
4.3.4.1. Market Size and Forecast
4.3.5. Benzoates
4.3.5.1. Market Size and Forecast
4.3.6. Propionates
4.3.6.1. Market Size and Forecast
4.3.7. Others
4.3.7.1. Market Size and Forecast

Chapter 5: Food Preservatives Market, Byfunction
5.1. Market Overview
5.1.1Market Size and Forecast, Byfunction
5.2. Antimicrobials
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Antioxidants
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Others
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country

Chapter 6: Food Preservatives Market, Byapplication
6.1. Market Overview
6.1.1Market Size and Forecast, Byapplication
6.2. Bakery
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Share Analysis, by Country
6.3. Meat, Poultry and Seafood
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Share Analysis, by Country
6.4. Oil and Fats
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Share Analysis, by Country
6.5. Dairy and Frozen Foods
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast, by Region
6.5.3. Market Share Analysis, by Country
6.6. Snacks
6.6.1. Key Market Trends, Growth Factors and Opportunities
6.6.2. Market Size and Forecast, by Region
6.6.3. Market Share Analysis, by Country
6.7. Confectionery
6.7.1. Key Market Trends, Growth Factors and Opportunities
6.7.2. Market Size and Forecast, by Region
6.7.3. Market Share Analysis, by Country
6.8. Beverages
6.8.1. Key Market Trends, Growth Factors and Opportunities
6.8.2. Market Size and Forecast, by Region
6.8.3. Market Share Analysis, by Country
6.9. Others
6.9.1. Key Market Trends, Growth Factors and Opportunities
6.9.2. Market Size and Forecast, by Region
6.9.3. Market Share Analysis, by Country

Chapter 7: Food Preservatives Market, by Region
7.1. Market Overview
7.1.1Market Size and Forecast, by Region
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. Market Size and Forecast, by By Type
7.2.3. Market Size and Forecast, by By Function
7.2.4. Market Size and Forecast, by By Application
7.2.5. Market Size and Forecast, by Country
7.2.6. United States Food Preservatives Market
7.2.6.1. Market Size and Forecast, by By Type
7.2.6.2. Market Size and Forecast, by By Function
7.2.6.3. Market Size and Forecast, by By Application
7.2.7. Canada Food Preservatives Market
7.2.7.1. Market Size and Forecast, by By Type
7.2.7.2. Market Size and Forecast, by By Function
7.2.7.3. Market Size and Forecast, by By Application
7.2.8. Mexico Food Preservatives Market
7.2.8.1. Market Size and Forecast, by By Type
7.2.8.2. Market Size and Forecast, by By Function
7.2.8.3. Market Size and Forecast, by By Application
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Market Size and Forecast, by By Type
7.3.3. Market Size and Forecast, by By Function
7.3.4. Market Size and Forecast, by By Application
7.3.5. Market Size and Forecast, by Country
7.3.6. Germany Food Preservatives Market
7.3.6.1. Market Size and Forecast, by By Type
7.3.6.2. Market Size and Forecast, by By Function
7.3.6.3. Market Size and Forecast, by By Application
7.3.7. UK Food Preservatives Market
7.3.7.1. Market Size and Forecast, by By Type
7.3.7.2. Market Size and Forecast, by By Function
7.3.7.3. Market Size and Forecast, by By Application
7.3.8. France Food Preservatives Market
7.3.8.1. Market Size and Forecast, by By Type
7.3.8.2. Market Size and Forecast, by By Function
7.3.8.3. Market Size and Forecast, by By Application
7.3.9. Spain Food Preservatives Market
7.3.9.1. Market Size and Forecast, by By Type
7.3.9.2. Market Size and Forecast, by By Function
7.3.9.3. Market Size and Forecast, by By Application
7.3.10. Italy Food Preservatives Market
7.3.10.1. Market Size and Forecast, by By Type
7.3.10.2. Market Size and Forecast, by By Function
7.3.10.3. Market Size and Forecast, by By Application
7.3.11. Rest of Europe Food Preservatives Market
7.3.11.1. Market Size and Forecast, by By Type
7.3.11.2. Market Size and Forecast, by By Function
7.3.11.3. Market Size and Forecast, by By Application
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Market Size and Forecast, by By Type
7.4.3. Market Size and Forecast, by By Function
7.4.4. Market Size and Forecast, by By Application
7.4.5. Market Size and Forecast, by Country
7.4.6. China Food Preservatives Market
7.4.6.1. Market Size and Forecast, by By Type
7.4.6.2. Market Size and Forecast, by By Function
7.4.6.3. Market Size and Forecast, by By Application
7.4.7. Japan Food Preservatives Market
7.4.7.1. Market Size and Forecast, by By Type
7.4.7.2. Market Size and Forecast, by By Function
7.4.7.3. Market Size and Forecast, by By Application
7.4.8. India Food Preservatives Market
7.4.8.1. Market Size and Forecast, by By Type
7.4.8.2. Market Size and Forecast, by By Function
7.4.8.3. Market Size and Forecast, by By Application
7.4.9. Korea Food Preservatives Market
7.4.9.1. Market Size and Forecast, by By Type
7.4.9.2. Market Size and Forecast, by By Function
7.4.9.3. Market Size and Forecast, by By Application
7.4.10. Australia Food Preservatives Market
7.4.10.1. Market Size and Forecast, by By Type
7.4.10.2. Market Size and Forecast, by By Function
7.4.10.3. Market Size and Forecast, by By Application
7.4.11. Rest of Asia-Pacific Food Preservatives Market
7.4.11.1. Market Size and Forecast, by By Type
7.4.11.2. Market Size and Forecast, by By Function
7.4.11.3. Market Size and Forecast, by By Application
7.5. Lamea
7.5.1. Key Market Trends and Opportunities
7.5.2. Market Size and Forecast, by By Type
7.5.3. Market Size and Forecast, by By Function
7.5.4. Market Size and Forecast, by By Application
7.5.5. Market Size and Forecast, by Country
7.5.6. Brazil Food Preservatives Market
7.5.6.1. Market Size and Forecast, by By Type
7.5.6.2. Market Size and Forecast, by By Function
7.5.6.3. Market Size and Forecast, by By Application
7.5.7. Saudi Arabia Food Preservatives Market
7.5.7.1. Market Size and Forecast, by By Type
7.5.7.2. Market Size and Forecast, by By Function
7.5.7.3. Market Size and Forecast, by By Application
7.5.8. South Africa Food Preservatives Market
7.5.8.1. Market Size and Forecast, by By Type
7.5.8.2. Market Size and Forecast, by By Function
7.5.8.3. Market Size and Forecast, by By Application
7.5.9. Rest of LAMEA Food Preservatives Market
7.5.9.1. Market Size and Forecast, by By Type
7.5.9.2. Market Size and Forecast, by By Function
7.5.9.3. Market Size and Forecast, by By Application

Chapter 8: Company Profiles
8.1. Ajinomoto Co. Inc.
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Akzonobel N. V.
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. Cargill Incorporated
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Danisco A/S
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. E. I. Du Pont De Nemours and Company
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Kemin Industries Inc.
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Kilo Ltd.
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Koninklijke Dsm N. V.
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Tate and Lyle, plc
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. Univar Inc.
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments

Note: *Details on Financial Performance and Strategic Moves and Developments May Not Be Captured For
Unlisted Companies.
*List of Companies Profiled in this Toc is Tentative and May Change After Detailed Analysis.
*Market Size and Forecast Will Be Provided from 2020-2031, and Forecast Period Would Be 2022-2031.
*The Provided Information and Segments Are for Representation Purpose Only. The Actual Information
Delivered Would Change Significantly as Per Findings During the Course of Study and Upon Its
Completion.List of Tables
Table 1. Global Food Preservatives Market, Bytype, 2020-2031 ($Million)
Table 2. Global Food Preservatives Market for Natural, by Region, 2020-2031 ($Million)
Table 3. Global Food Preservatives Market for Synthetic, by Region, 2020-2031 ($Million)
Table 4. Global Food Preservatives Market, Byfunction, 2020-2031 ($Million)
Table 5. Global Food Preservatives Market for Antimicrobials, by Region, 2020-2031 ($Million)
Table 6. Global Food Preservatives Market for Antioxidants, by Region, 2020-2031 ($Million)
Table 7. Global Food Preservatives Market for Others, by Region, 2020-2031 ($Million)
Table 8. Global Food Preservatives Market, Byapplication, 2020-2031 ($Million)
Table 9. Global Food Preservatives Market for Bakery, by Region, 2020-2031 ($Million)
Table 10. Global Food Preservatives Market for Meat, Poultry and Seafood, by Region, 2020-2031 ($Million)
Table 11. Global Food Preservatives Market for Oil and Fats, by Region, 2020-2031 ($Million)
Table 12. Global Food Preservatives Market for Dairy and Frozen Foods, by Region, 2020-2031 ($Million)
Table 13. Global Food Preservatives Market for Snacks, by Region, 2020-2031 ($Million)
Table 14. Global Food Preservatives Market for Confectionery, by Region, 2020-2031 ($Million)
Table 15. Global Food Preservatives Market for Beverages, by Region, 2020-2031 ($Million)
Table 16. Global Food Preservatives Market for Others, by Region, 2020-2031 ($Million)
Table 17. Global Food Preservatives Market, by Region, 2020-2031 ($Million)
Table 18. North America Food Preservatives, Bytype, 2020-2031 ($Million)
Table 19. North America Food Preservatives, Byfunction, 2020-2031 ($Million)
Table 20. North America Food Preservatives, Byapplication, 2020-2031 ($Million)
Table 21. United States Food Preservatives, by By Type, 2020-2031 ($Million)
Table 22. United States Food Preservatives, by By Function, 2020-2031 ($Million)
Table 23. United States Food Preservatives, by By Application, 2020-2031 ($Million)
Table 24. Canada Food Preservatives, by By Type, 2020-2031 ($Million)
Table 25. Canada Food Preservatives, by By Function, 2020-2031 ($Million)
Table 26. Canada Food Preservatives, by By Application, 2020-2031 ($Million)
Table 27. Mexico Food Preservatives, by By Type, 2020-2031 ($Million)
Table 28. Mexico Food Preservatives, by By Function, 2020-2031 ($Million)
Table 29. Mexico Food Preservatives, by By Application, 2020-2031 ($Million)
Table 30. Europe Food Preservatives, Bytype, 2020-2031 ($Million)
Table 31. Europe Food Preservatives, Byfunction, 2020-2031 ($Million)
Table 32. Europe Food Preservatives, Byapplication, 2020-2031 ($Million)
Table 33. Germany Food Preservatives, by By Type, 2020-2031 ($Million)
Table 34. Germany Food Preservatives, by By Function, 2020-2031 ($Million)
Table 35. Germany Food Preservatives, by By Application, 2020-2031 ($Million)
Table 36. Uk Food Preservatives, by By Type, 2020-2031 ($Million)
Table 37. Uk Food Preservatives, by By Function, 2020-2031 ($Million)
Table 38. Uk Food Preservatives, by By Application, 2020-2031 ($Million)
Table 39. France Food Preservatives, by By Type, 2020-2031 ($Million)
Table 40. France Food Preservatives, by By Function, 2020-2031 ($Million)
Table 41. France Food Preservatives, by By Application, 2020-2031 ($Million)
Table 42. Spain Food Preservatives, by By Type, 2020-2031 ($Million)
Table 43. Spain Food Preservatives, by By Function, 2020-2031 ($Million)
Table 44. Spain Food Preservatives, by By Application, 2020-2031 ($Million)
Table 45. Italy Food Preservatives, by By Type, 2020-2031 ($Million)
Table 46. Italy Food Preservatives, by By Function, 2020-2031 ($Million)
Table 47. Italy Food Preservatives, by By Application, 2020-2031 ($Million)
Table 48. Rest of Europe Food Preservatives, by By Type, 2020-2031 ($Million)
Table 49. Rest of Europe Food Preservatives, by By Function, 2020-2031 ($Million)
Table 50. Rest of Europe Food Preservatives, by By Application, 2020-2031 ($Million)
Table 51. Asia-Pacific Food Preservatives, Bytype, 2020-2031 ($Million)
Table 52. Asia-Pacific Food Preservatives, Byfunction, 2020-2031 ($Million)
Table 53. Asia-Pacific Food Preservatives, Byapplication, 2020-2031 ($Million)
Table 54. China Food Preservatives, by By Type, 2020-2031 ($Million)
Table 55. China Food Preservatives, by By Function, 2020-2031 ($Million)
Table 56. China Food Preservatives, by By Application, 2020-2031 ($Million)
Table 57. Japan Food Preservatives, by By Type, 2020-2031 ($Million)
Table 58. Japan Food Preservatives, by By Function, 2020-2031 ($Million)
Table 59. Japan Food Preservatives, by By Application, 2020-2031 ($Million)
Table 60. India Food Preservatives, by By Type, 2020-2031 ($Million)
Table 61. India Food Preservatives, by By Function, 2020-2031 ($Million)
Table 62. India Food Preservatives, by By Application, 2020-2031 ($Million)
Table 63. Korea Food Preservatives, by By Type, 2020-2031 ($Million)
Table 64. Korea Food Preservatives, by By Function, 2020-2031 ($Million)
Table 65. Korea Food Preservatives, by By Application, 2020-2031 ($Million)
Table 66. Australia Food Preservatives, by By Type, 2020-2031 ($Million)
Table 67. Australia Food Preservatives, by By Function, 2020-2031 ($Million)
Table 68. Australia Food Preservatives, by By Application, 2020-2031 ($Million)
Table 69. Rest of Asia-Pacific Food Preservatives, by By Type, 2020-2031 ($Million)
Table 70. Rest of Asia-Pacific Food Preservatives, by By Function, 2020-2031 ($Million)
Table 71. Rest of Asia-Pacific Food Preservatives, by By Application, 2020-2031 ($Million)
Table 72. Lamea Food Preservatives, Bytype, 2020-2031 ($Million)
Table 73. Lamea Food Preservatives, Byfunction, 2020-2031 ($Million)
Table 74. Lamea Food Preservatives, Byapplication, 2020-2031 ($Million)
Table 75. Brazil Food Preservatives, by By Type, 2020-2031 ($Million)
Table 76. Brazil Food Preservatives, by By Function, 2020-2031 ($Million)
Table 77. Brazil Food Preservatives, by By Application, 2020-2031 ($Million)
Table 78. Saudi Arabia Food Preservatives, by By Type, 2020-2031 ($Million)
Table 79. Saudi Arabia Food Preservatives, by By Function, 2020-2031 ($Million)
Table 80. Saudi Arabia Food Preservatives, by By Application, 2020-2031 ($Million)
Table 81. South Africa Food Preservatives, by By Type, 2020-2031 ($Million)
Table 82. South Africa Food Preservatives, by By Function, 2020-2031 ($Million)
Table 83. South Africa Food Preservatives, by By Application, 2020-2031 ($Million)
Table 84. Rest of LAMEA Food Preservatives, by By Type, 2020-2031 ($Million)
Table 85. Rest of LAMEA Food Preservatives, by By Function, 2020-2031 ($Million)
Table 86. Rest of LAMEA Food Preservatives, by By Application, 2020-2031 ($Million)
Table 87. Ajinomoto Co. Inc. : Key Executives
Table 88. Ajinomoto Co. Inc. : Company Snapshot
Table 89. Ajinomoto Co. Inc. : Operating Segments
Table 90. Ajinomoto Co. Inc. : Product Portfolio
Table 91. Ajinomoto Co. Inc. : Key Strategic Moves and Developments
Table 92. Akzonobel N. V. : Key Executives
Table 93. Akzonobel N. V. : Company Snapshot
Table 94. Akzonobel N. V. : Operating Segments
Table 95. Akzonobel N. V. : Product Portfolio
Table 96. Akzonobel N. V. : Key Strategic Moves and Developments
Table 97. Cargill Incorporated: Key Executives
Table 98. Cargill Incorporated: Company Snapshot
Table 99. Cargill Incorporated: Operating Segments
Table 100. Cargill Incorporated: Product Portfolio
Table 101. Cargill Incorporated: Key Strategic Moves and Developments
Table 102. Danisco A/S: Key Executives
Table 103. Danisco A/S: Company Snapshot
Table 104. Danisco A/S: Operating Segments
Table 105. Danisco A/S: Product Portfolio
Table 106. Danisco A/S: Key Strategic Moves and Developments
Table 107. E. I. Du Pont De Nemours and Company: Key Executives
Table 108. E. I. Du Pont De Nemours and Company: Company Snapshot
Table 109. E. I. Du Pont De Nemours and Company: Operating Segments
Table 110. E. I. Du Pont De Nemours and Company: Product Portfolio
Table 111. E. I. Du Pont De Nemours and Company: Key Strategic Moves and Developments
Table 112. Kemin Industries Inc. : Key Executives
Table 113. Kemin Industries Inc. : Company Snapshot
Table 114. Kemin Industries Inc. : Operating Segments
Table 115. Kemin Industries Inc. : Product Portfolio
Table 116. Kemin Industries Inc. : Key Strategic Moves and Developments
Table 117. Kilo Ltd. : Key Executives
Table 118. Kilo Ltd. : Company Snapshot
Table 119. Kilo Ltd. : Operating Segments
Table 120. Kilo Ltd. : Product Portfolio
Table 121. Kilo Ltd. : Key Strategic Moves and Developments
Table 122. Koninklijke Dsm N. V. : Key Executives
Table 123. Koninklijke Dsm N. V. : Company Snapshot
Table 124. Koninklijke Dsm N. V. : Operating Segments
Table 125. Koninklijke Dsm N. V. : Product Portfolio
Table 126. Koninklijke Dsm N. V. : Key Strategic Moves and Developments
Table 127. Tate and Lyle, plc: Key Executives
Table 128. Tate and Lyle, plc: Company Snapshot
Table 129. Tate and Lyle, plc: Operating Segments
Table 130. Tate and Lyle, plc: Product Portfolio
Table 131. Tate and Lyle, plc: Key Strategic Moves and Developments
Table 132. Univar Inc. : Key Executives
Table 133. Univar Inc. : Company Snapshot
Table 134. Univar Inc. : Operating Segments
Table 135. Univar Inc. : Product Portfolio
Table 136. Univar Inc. : Key Strategic Moves and DevelopmentsList of Figures
Figure 1. Global Food Preservatives Market Segmentation
Figure 2. Global Food Preservatives Market
Figure 3. Segmentation Food Preservatives Market
Figure 4. Top Investment Pocket in Food Preservatives Market
Figure 5. Top Winning Strategies, 2019-2021*
Figure 6. Top Winning Strategies, by Development, 2019-2021(%)
Figure 7. Top Winning Strategies, by Company, 2019-2021*
Figure 8. Moderate Bargaining Power of Buyers
Figure 9. Moderate Bargaining Power of Suppliers
Figure 10. Moderate Threat of New Entrants
Figure 11. Low Threat of Substitution
Figure 12. High Competitive Rivalry
Figure 13. Top Player Positioning, 2020
Figure 14. Market Share Analysis, 2020
Figure 15. Restraints and Drivers: Food Preservatives Market
Figure 16. Food Preservatives Market Segmentation, by By Type
Figure 17. Food Preservatives Market for Natural, by Country, 2020-2031 ($ Million)
Figure 18. Food Preservatives Market for Synthetic, by Country, 2020-2031 ($ Million)
Figure 19. Food Preservatives Market Segmentation, by By Function
Figure 20. Food Preservatives Market for Antimicrobials, by Country, 2020-2031 ($ Million)
Figure 21. Food Preservatives Market for Antioxidants, by Country, 2020-2031 ($ Million)
Figure 22. Food Preservatives Market for Others, by Country, 2020-2031 ($ Million)
Figure 23. Food Preservatives Market Segmentation, by By Application
Figure 24. Food Preservatives Market for Bakery, by Country, 2020-2031 ($ Million)
Figure 25. Food Preservatives Market for Meat, Poultry and Seafood, by Country, 2020-2031 ($ Million)
Figure 26. Food Preservatives Market for Oil and Fats, by Country, 2020-2031 ($ Million)
Figure 27. Food Preservatives Market for Dairy and Frozen Foods, by Country, 2020-2031 ($ Million)
Figure 28. Food Preservatives Market for Snacks, by Country, 2020-2031 ($ Million)
Figure 29. Food Preservatives Market for Confectionery, by Country, 2020-2031 ($ Million)
Figure 30. Food Preservatives Market for Beverages, by Country, 2020-2031 ($ Million)
Figure 31. Food Preservatives Market for Others, by Country, 2020-2031 ($ Million)
Figure 32. Ajinomoto Co. Inc: Net Sales, 2018-2020 ($ Million)
Figure 33. Ajinomoto Co. Inc: Revenue Share, by Segment, 2020 (%)
Figure 34. Ajinomoto Co. Inc: Revenue Share, by Region, 2020 (%)
Figure 35. Akzonobel N. V: Net Sales, 2018-2020 ($ Million)
Figure 36. Akzonobel N. V: Revenue Share, by Segment, 2020 (%)
Figure 37. Akzonobel N. V: Revenue Share, by Region, 2020 (%)
Figure 38. Cargill Incorporated: Net Sales, 2018-2020 ($ Million)
Figure 39. Cargill Incorporated: Revenue Share, by Segment, 2020 (%)
Figure 40. Cargill Incorporated: Revenue Share, by Region, 2020 (%)
Figure 41. Danisco A/S: Net Sales, 2018-2020 ($ Million)
Figure 42. Danisco A/S: Revenue Share, by Segment, 2020 (%)
Figure 43. Danisco A/S: Revenue Share, by Region, 2020 (%)
Figure 44. E. I. Du Pont De Nemours and Company: Net Sales, 2018-2020 ($ Million)
Figure 45. E. I. Du Pont De Nemours and Company: Revenue Share, by Segment, 2020 (%)
Figure 46. E. I. Du Pont De Nemours and Company: Revenue Share, by Region, 2020 (%)
Figure 47. Kemin Industries Inc: Net Sales, 2018-2020 ($ Million)
Figure 48. Kemin Industries Inc: Revenue Share, by Segment, 2020 (%)
Figure 49. Kemin Industries Inc: Revenue Share, by Region, 2020 (%)
Figure 50. Kilo Ltd: Net Sales, 2018-2020 ($ Million)
Figure 51. Kilo Ltd: Revenue Share, by Segment, 2020 (%)
Figure 52. Kilo Ltd: Revenue Share, by Region, 2020 (%)
Figure 53. Koninklijke Dsm N. V: Net Sales, 2018-2020 ($ Million)
Figure 54. Koninklijke Dsm N. V: Revenue Share, by Segment, 2020 (%)
Figure 55. Koninklijke Dsm N. V: Revenue Share, by Region, 2020 (%)
Figure 56. Tate and Lyle, plc: Net Sales, 2018-2020 ($ Million)
Figure 57. Tate and Lyle, plc: Revenue Share, by Segment, 2020 (%)
Figure 58. Tate and Lyle, plc: Revenue Share, by Region, 2020 (%)
Figure 59. Univar Inc: Net Sales, 2018-2020 ($ Million)
Figure 60. Univar Inc: Revenue Share, by Segment, 2020 (%)
Figure 61. Univar Inc: Revenue Share, by Region, 2020 (%)

Executive Summary

According to a new report titled, “Food Preservatives Market by Type, Function, and Application: Global Opportunity Analysis and Industry Forecast, 2022–2031, The global Food Preservatives market was valued at $2,511.5 million in 2020, and is projected to reach $3,671.7 million by 2031, registering a CAGR of 3.4% from 2022 to 2031. Asia-Pacific is one of the prominent consumers of food preservatives, accounting for majority share of the total market in 2021.

Preservatives are used in a variety of items to reduce oxidation, prevent food spoiling, and suppress microbiological development, including bakery, confectionery, snacks, meat, fish, poultry, and others. Antimicrobials, antioxidants, chelating agents, and other forms of preservatives are examples. Regulatory organizations set various restrictions on the use of food preservatives. The FDA has controlled the concentration range of preservatives that can be applied to food products and prohibited the use of compounds that are hazardous to human health.

Changes in people's lifestyles and various consumer trends toward the use of ready-to-eat food products drive the expansion of the worldwide food preservatives industry. The food and beverage processing industry has had a significant impact on the food preservatives market. Furthermore, expansion in bakery, confectionery, meat, and poultry applications is projected to drive food preservative demand in the near future. However, tight rules in governing the use of chemical preservatives in many places, as well as surge in consumer awareness about the usage of these chemicals, are projected to stymie market growth in the foreseeable future.

Increased consumer awareness and change in food consumption habits, and rise in population boost demand for various areas of the food and beverage industry drive the food preservative market. Increased demand for natural food preservatives in established economies, as well as increased need for processed food in emerging areas, drives this growth.

Sensing the growing consumer preference for natural food goods, certain multinational corporations have begun substituting artificial food preservatives with natural preservatives in their food items. They are exploiting this to position their product as an 'all-natural' food product, so drawing more consumer attention. Convenience foods and personal care items have expanded the range of applications for food preservatives.

Manufacturers favor natural food preservatives for a variety of reasons. For example, they aid in the prevention of spoiling during transportation. The worldwide nature of food sourcing, as well as the rise in complexities in the food supply chain, has led in an increase in demand for products and procedures necessary to extend the shelf-life of food products, hence raising demand for natural variations of food preservatives.

Cargill unveiled its new private label plant-based patties and ground products in February 2020. The new products are part of Cargill's all-inclusive approach to protein's future, which includes developing both animal and alternative protein products to satisfy the predicted 70% increase in global protein consumption over the next 30 years.

The Food Preservatives Market is rapidly approaching pre-COVID levels, and a high growth rate is predicted during the forecast period, owing to the V-shaped recovery in the majority of emerging countries. Lockdowns around the world in 2020, followed by further restrictions in 2021, disrupted the supply chain, providing hurdles for manufacturers in the Food Preservatives Market. Vendor profit margins are expected to continue to be squeezed as a result of intense competition, price challenges, and altering consumer preferences.

On the basis of product type, the market is divided into natural and synthetic. Synthetic kind is extensively utilized as it is inexpensive and simple to produce. They can be customized to meet the needs of the application. In addition, the expansion in demand for diverse packaged foods has boosted the use of synthetic preservatives in recent years.

On the basis of function, the market is divided into antimicrobials, antioxidants, and others. Anti-microbial preservatives dominate the global market, followed by anti-oxidants. Sorbates, benzoates, and other compounds are anti-microbial preservatives that are generally regarded as safe (GRAS) in the U.S.

On the basis of application, market is divided into bakery, meat, poultry, seafood, oils & fats, dairy & frozen foods, snacks, confectionery, beverages, and others. Meat, poultry and seafood segment was the largest contributor in 2021. Meat preservatives are widely used since meat is widely consumed throughout the world, particularly in major regions such as North America, Asia-Pacific, Europe, and Latin America. The economy is improving in these areas, allowing consumers to consume meat on a regular basis. The meat begins to decompose as soon as the blood ceases to pulse in the veins, necessitating its preservation until consumption.

Asia-Pacific and North America collectively accounted for approximately three-fifths share of the total food preservatives market and are expected to continue to be dominant, specifically in China, India, and the other developing countries. Rise in food processing sector is the major reason for the growth of the market in the Asia-Pacific.

The major companies profiled in the report include Danisco A/S, Akzo Nobel N.V., Kemin Industries, Inc., Cargill, Incorporated, Hawkins Watts Limited, Celanese Corporation, Univar Inc., and Koninklijke DSM N.V.

Key Findings And Scope

- In terms of value, the natural segment is expected to grow at a CAGR of 39% during the forecast period
- Asia-Pacific is projected to maintain its lead position throughout forecast period, growing at a CAGR of 44%, in terms of value
- Meat, poultry, and seafood application is estimated to occupy one-fourth of the total market by 2031
- China is expected to occupy more than half of the total Asia-Pacific food preservatives market by 2023

Companies Mentioned

  • Danisco A/S
  • Akzo Nobel N.V.
  • Kemin Industries, Inc.
  • Cargill
  • Incorporated
  • Hawkins Watts Limited
  • Celanese Corporation
  • Univar Inc.
  • Koninklijke DSM N.V.

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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