Food Preservatives Market size to grow by USD 568.28 billion from 2022 to 2027 | Rising demand for processed food boosts the market - Technavio

NEW YORK, July 27, 2023 /PRNewswire/ -- The food preservatives market report has been added to Technavio's offering. The food preservatives market size is estimated to grow by USD 568.28 billion from 2022 to 2027, growing at a CAGR of 3.52%. North America is estimated to account for 34% of the global market growth. One of the main factors which are significantly contributing to the growth of the food preservatives market in North America is the increasing demand for products such as cheese, canned fruit juice, and margarine. Additionally, there is a significant presence of vendors in the region which meet the requirements of the largest food chains in the world such as McDonald, Starbucks Corp., KFC, Burger King, etc. Furthermore, they are investing in increasing the food production capacity. Hence, such factors are expected to drive market growth in the region during the forecast period. For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) - View Sample report

Food Preservatives Market - Vendor Landscape
The food preservatives market is fragmented; the vendors are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products -The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Food Preservatives Market - Market Dynamics

Major Drivers & Challenges- 

The increasing demand for processed food drives the food preservatives market growth during the forecast period. There is an increasing preference for processed food items, especially in developed and developing countries due to the factors such as increasing disposable income. Additionally, factors such as the growing levels of urbanization and the rising number of women workers have significantly contributed to the market growth. Some of the main factors fuelling the rising demand for processed foods is their long shelf life. Hence, such factors are expected to drive market growth during the forecast period.

Stringent regulations for food preservatives are a major challenge hindering the market growth during the forecast period. Several regulatory bodies and government agencies such as the Food and Drug Administration (FDA) in the US are enforcing strict rules, standards, and guidelines related to the usage of food preservatives in food items. These rules and regulations are enforced to ensure proper labeling and limit the use of excess food preservatives in specific products. However, these compliances pose a significant challenge to manufacturers and any deviation from such rules can hamper the reputation of the company along with monetary loss. Hence such factors are negatively impacting the market which in turn is expected to hinder the market growth during the forecast period.

Key Trends-

The increasing consumer awareness towards organic products is a primary trend in the food preservatives market during the forecast period. The growing health awareness has a significant impact on different industries with a shift in preference among the consumer base towards organic products. Furthermore, several vendors in the market are catering to this demand by providing organic-based products and complying with regulatory bodies and government agencies-issued guidelines and standards. As a result, there is an increase in organic food preservatives including acetic acid, citric acid, and lactic acid which is expected to positively impact the market. Hence, such factors are expected to drive market growth during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - View Sample Report

Company Profiles

The food preservatives market report includes information on the product launches, sustainability, and prospects of leading vendors including Archer Daniels Midland Co., Camlin Fine Sciences Ltd., Cargill Inc., Celanese Corp., Chemical Corporation Inc., Corbion NV, Foodchem International Corp., Gadot Biochemical Industries Ltd., Handary SA, Hawkins Watts Ltd., Hemadri Chemicals, ITA 3 s.r.l., Jungbunzlauer Suisse AG, Kalsec Inc., Kemin Industries Inc., Kerry Group Plc, Koninklijke DSM NV, RZBC Group Co. Ltd., Tate and Lyle Plc, and Yolimex Sdn Bhd.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

Food Preservatives Market - Market Segmentation

The food preservatives market is analyzed in terms of product type (synthetic and natural), type (anti-microbial, antioxidant, and others), and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

The market share growth in the synthetic segment is significant during the forecast period. Some of the main preservatives in the synthetic segment include sodium benzoate and sorbic acid which are used for the preservation of the quality, flavor, and taste of a food product and are added during the manufacture of food. Factors such as the growing demand for convenience foods products, packaged food, and ready-to-eat (RTE) food that require a prolonged shelf life are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports:

The artificial sweetener market size is projected to increase by USD 2,017.87 million and the market size is estimated to grow at a CAGR of 5.05% between 2022 and 2027. This artificial sweetener market report extensively covers market segmentation by application (food and beverages, direct sales, pharmaceuticals, and others), type (aspartame, neotame, sucralose, acesulfame-k, and saccharin), and geography (APAC, North America, Europe, South America, and The middle east and Africa). The increasing popularity of low-calorie sweeteners is the key factor driving the growth of the global artificial sweetener market.

The mustard market size is projected to increase by USD 2,379.18 million and is estimated to grow at a CAGR of 6.16% between 2022 and 2027. This mustard market report extensively covers market segmentation by type (seed, powder, oil, and paste), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The growing awareness among consumers about the various health benefits of consuming mustard is one of the major factors expected to drive the global mustard market during the forecast period.

Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global food preservatives market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global food preservatives market 2017 - 2021 ($ million)

• 4.2 Product Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Type Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product Type

• 6.1 Market segments
• Exhibit 30: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%)

• 6.2 Comparison by Product Type 
• Exhibit 32: Chart on Comparison by Product Type
• Exhibit 33: Data Table on Comparison by Product Type

• 6.3 Synthetic - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Synthetic - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Synthetic - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Synthetic - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Synthetic - Year-over-year growth 2022-2027 (%)

• 6.4 Natural - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Natural - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Natural - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Natural - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Natural - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product Type 
• Exhibit 42: Market opportunity by Product Type ($ billion)
• Exhibit 43: Data Table on Market opportunity by Product Type ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 44: Chart on Type - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 46: Chart on Comparison by Type
• Exhibit 47: Data Table on Comparison by Type

• 7.3 Anti-microbial - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Anti-microbial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Data Table on Anti-microbial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 50: Chart on Anti-microbial - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Anti-microbial - Year-over-year growth 2022-2027 (%)

• 7.4 Antioxidant - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Antioxidant - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Antioxidant - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Antioxidant - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Antioxidant - Year-over-year growth 2022-2027 (%)

• 7.5 Others - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 58: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 60: Market opportunity by Type ($ billion)
• Exhibit 61: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ billion)
• Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Archer Daniels Midland Co. 
• Exhibit 115: Archer Daniels Midland Co. - Overview
• Exhibit 116: Archer Daniels Midland Co. - Business segments
• Exhibit 117: Archer Daniels Midland Co. - Key offerings
• Exhibit 118: Archer Daniels Midland Co. - Segment focus

• 12.4 Cargill Inc.
• Exhibit 119: Cargill Inc. - Overview
• Exhibit 120: Cargill Inc. - Product / Service
• Exhibit 121: Cargill Inc. - Key news
• Exhibit 122: Cargill Inc. - Key offerings

• 12.5 Celanese Corp.
• Exhibit 123: Celanese Corp. - Overview
• Exhibit 124: Celanese Corp. - Business segments
• Exhibit 125: Celanese Corp. - Key offerings
• Exhibit 126: Celanese Corp. - Segment focus

• 12.6 Chemical Corporation Inc. 
• Exhibit 127: Chemical Corporation Inc. - Overview
• Exhibit 128: Chemical Corporation Inc. - Product / Service
• Exhibit 129: Chemical Corporation Inc. - Key offerings

• 12.7 Corbion nv
• Exhibit 130: Corbion nv - Overview
• Exhibit 131: Corbion nv - Business segments
• Exhibit 132: Corbion nv - Key news
• Exhibit 133: Corbion nv - Key offerings
• Exhibit 134: Corbion nv - Segment focus

• 12.8 Hawkins Watts Ltd.
• Exhibit 135: Hawkins Watts Ltd. - Overview
• Exhibit 136: Hawkins Watts Ltd. - Product / Service
• Exhibit 137: Hawkins Watts Ltd. - Key offerings

• 12.9 Hemadri Chemicals
• Exhibit 138: Hemadri Chemicals - Overview
• Exhibit 139: Hemadri Chemicals - Product / Service
• Exhibit 140: Hemadri Chemicals - Key offerings

• 12.10 ITA 3 s.r.l.
• Exhibit 141: ITA 3 s.r.l. - Overview
• Exhibit 142: ITA 3 s.r.l. - Product / Service
• Exhibit 143: ITA 3 s.r.l. - Key offerings

• 12.11 Kalsec Inc.
• Exhibit 144: Kalsec Inc. - Overview
• Exhibit 145: Kalsec Inc. - Product / Service
• Exhibit 146: Kalsec Inc. - Key offerings

• 12.12 Kemin Industries Inc. 
• Exhibit 147: Kemin Industries Inc. - Overview
• Exhibit 148: Kemin Industries Inc. - Product / Service
• Exhibit 149: Kemin Industries Inc. - Key news
• Exhibit 150: Kemin Industries Inc. - Key offerings

• 12.13 Kerry Group Plc
• Exhibit 151: Kerry Group Plc - Overview
• Exhibit 152: Kerry Group Plc - Business segments
• Exhibit 153: Kerry Group Plc - Key offerings
• Exhibit 154: Kerry Group Plc - Segment focus

• 12.14 Koninklijke DSM NV
• Exhibit 155: Koninklijke DSM NV - Overview
• Exhibit 156: Koninklijke DSM NV - Business segments
• Exhibit 157: Koninklijke DSM NV - Key news
• Exhibit 158: Koninklijke DSM NV - Key offerings
• Exhibit 159: Koninklijke DSM NV - Segment focus

• 12.15 RZBC Group Co. Ltd.
• Exhibit 160: RZBC Group Co. Ltd. - Overview
• Exhibit 161: RZBC Group Co. Ltd. - Product / Service
• Exhibit 162: RZBC Group Co. Ltd. - Key offerings

• 12.16 Tate and Lyle Plc
• Exhibit 163: Tate and Lyle Plc - Overview
• Exhibit 164: Tate and Lyle Plc - Business segments
• Exhibit 165: Tate and Lyle Plc - Key news
• Exhibit 166: Tate and Lyle Plc - Key offerings
• Exhibit 167: Tate and Lyle Plc - Segment focus

• 12.17 Yolimex Sdn Bhd
• Exhibit 168: Yolimex Sdn Bhd - Overview
• Exhibit 169: Yolimex Sdn Bhd - Product / Service
• Exhibit 170: Yolimex Sdn Bhd - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 171: Inclusions checklist
• Exhibit 172: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 173: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 174: Research methodology
• Exhibit 175: Validation techniques employed for market sizing
• Exhibit 176: Information sources

• 13.5 List of abbreviations 
• Exhibit 177: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED