Market Research Logo

Global Food Preservatives Market

Global Food Preservatives Market

Market Insights

Food preservative are the chemical or natural compounds that are used to increase the shelf life of the product. It is added to the product in small quantity as an additive and is identified by its INS or E numbers. Food preservatives are a growing segment in the food additives market as they are used to prevent spoilage and decomposition which takes place in food products due to microbial reactions. The Food preservatives market is expected to reach USD 3 billion by 2022 with an estimated CAGR of 3.5%.

Processed Food Market Driving the Preservative Industry

The preservatives market is largely driven by demand for convenience and processed foods by the burgeoning population and rising urbanization rates. The increased demand of natural preservative in North America and Europe has triggered the demand of natural preservative market. Preservative increases the shelf life of the product and thus reduces the supply chain complexity for manufacturers. In addition being economically feasible than the other physical process for food preservation has increased its demand in food industry.

However, the major constraint is the increased awareness on the ill effects of synthetic ingredients and growing consumer demand for fresh and natural foods, Demand for natural preservatives which are high in cost and demand for clean label by the consumers. Companies are seeing this as an opportunity to innovate and provide solutions in the in the form of natural and functional ingredients. The various functional properties of preservative has grown its demand in the wide application market.

Benzonates Leading the Preservative Market

Food preservatives are classified as natural and chemical preservatives, with chemical preservatives currently accounting for a large market share. These can also be classified on the basis of Type into Natural Antioxidants, Sorbates, Benzonates and Others. Benzonates have a market share of around 34%. Preservatives are used in foods such as oil & fat, bakery& Confectionary, Fruits and Vegetables, dairy & frozen products, meat, poultry & seafood, savory snacks, and beverages. On the basis of Application beverages lead the sector followed by bakery and confectionary.

IFrame

Asia Pacific- Fastest Growing Region

Region wise, North America, with about 33% of the total share, has the highest market. With a share of 75%, the United States has the highest market share in the North American food preservatives market. However, the developing markets of Asia–Pacific, most importantly India and China, account for the high growth rate because of increasing population and changing food habits. The estimated CAGR for the North American region is 3.5%. Asia pacific market which is the fastest growing segment with a CAGR of 4.2% due to growing preference for packaged and processed foods. With a share of 21%, Europe follows Asia-Pacific in the global preservatives market. With a highly matured bakery and beverage industry, the demand for preservatives stood constant.

IFrame

Competitive landscape

The global preservatives market is dominated by Cargill, Danisco, Celanese Corp, Brenntag Inc., Kerry Group, and Royal DSM and Brenntag accounting for more than 70% share of the total market. The strategies used by companies is the increase in Research and Development expenditure to innovate products under the natural preservatives segment to meet the growing consumer preference. Companies like Corbionspurac’s natural food preservatives portfolio, which includes Verdad powder N6, N8, N9; Royal DSM’s anti-microbial products Delvo Cid, DelvoZyme, Delvo Coat are developed in tandem with growing consumer demand for Natural preservatives. Cargill focusses on strategically sourcing goods and services from suppliers by leveraging indirect and direct, non-raw material spending in the form of cross-business collaborations and purchasing execution. The focus is towards sustainable food supply.

IFrame

In this report we offer,

Market Definition for the specified topicalong with,identification of key drivers and restraints for the market.
Market analysis for the Global Food Preservatives Market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
Identification and analysis of the Macro and Micro factors that affect the Global Food Preservatives Market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Why should you buy this report?

For getting a comprehensive overview of the Global Food Preservatives Market.
To gain wide ranging information about the major players in this industry and the strategies adopted by them.
To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.


1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definitions
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation
3. Key Findings
4. Market Dynamics
4.1 Drivers
4.1.1 Supply chain complexities in the Food industry
4.1.2 Expanding Processed Foods market especially in developing region
4.1.3 Economically feasible than other physical process of food preservation
4.1.4 Penetration of Organized Retail sector
4.1.5 Increased demand of natural prservative from developed regions such as Europe and North America
4.2 Restraints
4.2.1 Consumers Awareness on Ill effects of Chemical preservatives
4.2.2 Demand for Clean label solutions
4.2.3 High Costs of natural preservatives
4.3 Opportunities
4.3.1 Growing innovations in Natural preservatives segment
4.3.2 Various functional properties of preservatives
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. Market Segmentation
5.1 By Type
5.1.1 Natural Preservative(Class I)
5.1.1.1 Sugar, salt, honey
5.1.1.2 Rosemery extracts
5.1.1.3 Acetic acid/vinegar
5.1.1.4 Lactic acid
5.1.1.5 Edible oil
5.1.1.6 Others
5.1.2 Synthetic Preservative(Class II)
5.1.2.1 Sorbates
5.1.2.2 Benzoates
5.1.2.3 Nitrites
5.1.2.4 Nisin
5.1.2.5 Sulphites
5.1.2.6 Others
5.2 By Function
5.2.1 Antimicrobial
5.2.1.1 Nitrites
5.2.1.2 Lactates
5.2.1.3 Acetates
5.2.1.4 Sorbates
5.2.1.5 Benzoates
5.2.1.6 Sulphites
5.2.1.7 Edible oils
5.2.1.8 Others
5.2.2 Antioxidant
5.2.2.1 Ascorbic acid
5.2.2.2 BHA
5.2.2.3 BHT
5.2.2.4 Tocopherol
5.2.2.5 Flavonoids
5.2.2.6 Polyphenols
5.2.2.7 Others
5.2.3 Others(chelating agents/enzyme inhibittors)
5.2.3.1 Citric acid
5.2.3.2 EDTA
5.2.3.3 Others
5.3 By Application
5.3.1 Dairy & Frozen products
5.3.2 Bakery
5.3.3 Meat, poultry & seafood
5.3.4 Beverages
5.3.5 Confectionery
5.3.6 Oils& fats
5.3.7 Others
5.4 By Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Others
5.4.2 Europe
5.4.2.1 Spain
5.4.2.2 UK
5.4.2.3 France
5.4.2.4 Germany
5.4.2.5 Russia
5.4.2.6 Italy
5.4.2.7 Others
5.4.3 Asia Pacific
5.4.3.1 China
5.4.3.2 India
5.4.3.3 Japan
5.4.3.4 Australia
5.4.3.5 Others
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Others
5.4.5 Africa
5.4.5.1 South Africa
5.4.5.2 Others
6. Competitive Landscape
6.1 Strategy adopted by Key players
6.2 Most active companies in the past five years
6.3 Market Share Analysis
7. Company Profiles
7.1 Cargill Inc
7.2 Kerry Group
7.3 Corbion Purac
7.4 Royal DSM
7.5 Jungbunzlauer Ag
7.6 DuPont
7.7 Brenntag Inc.
7.8 Celanese Corp
7.9 Chr Hansen
7.10 BASF SE
7.11 Archer Daniel Midland
7.12 Akzo Nobel
7.13 Albemarle Corporation
7.14 JEY'S F.I. INC
7.15 Cognis
8. Appendix
8.1 Disclaimer
8.2 Sources
LIST OF TABLES
1. Preservatives market Revenue, by Region, 2012-2020 ($Million)
2. North America Preservatives marketveRevenues, by Country, 2012-2020 ($Million)
3. Europe Preservatives market Revenues, by Country 2012-2020 ($Million)
4. Asia Pacific: Preservatives market Revenues, by Country 2012-2020($Million)
5. South America: Preservatives market Revenues, by Country 2012-2020 ($Million)
6. Africa: Preservatives market Revenues, by Country 2012-2020 ($Million)
7. U.S.: Preservatives market Revenue,by Type, 2012-2020 ($Million)
8. Canada: Preservatives market Revenue,by Type, 2012-2020 ($Million)
9. Mexico: Preservatives market Revenue,by Type, 2012-2020 ($Million)
10. Others: Preservatives market Revenue,by Type, 2012-2020 ($Million)
11. Spain: Preservatives market Revenue,by Type, 2012-2020 ($Million)
12. U.K.: Preservatives market Revenue,by Type, 2012-2020 ($Million)
13. France: Preservatives market Revenue,by Type, 2012-2020 ($Million)
14. Germany: Preservatives market Revenue,by Type, 2012-2020 ($Million)
15. Russia: Preservatives market Revenue,by Type, 2012-2020 ($Million)
16. Italy: Preservatives market Revenue,by Type, 2012-2020 ($Million)
17. Others: Preservatives market Revenue,by Type, 2012-2020 ($Million)
18. China: Preservatives market Revenue,by Type, 2012-2020 ($Million)
19. India: Preservatives market Revenue,by Type, 2012-2020 ($Million)
20. Japan: Preservatives market Revenue,by Type, 2012-2020 ($Million)
21. Australia: Preservatives market Revenue,by Type, 2012-2020 ($Million)
22. Others: Preservatives market Revenue,by Type, 2012-2020 ($Million)
23. Brazil: Preservatives market Revenue,by Type, 2012-2020 ($Million)
24. Argentina: Preservatives market Revenue,by Type, 2012-2020 ($Million)
25. Others: Preservatives market Revenue,by Type, 2012-2020 ($Million)
26. South Africa: Preservatives market Revenue,by Type, 2012-2020 ($Million)
27. Egypt: Preservatives market Revenue,by Type, 2012-2020 ($Million)
28. Others: Preservatives market Revenue,by Type, 2012-2020 ($Million)
29. Preservatives market Revenue, by Type, 2012-2020 ($Million)
30. Natural Antioxidants market Revenue, by Type, 2012-2020 ($Million)
31. Sorbates market Revenue, by Type, 2012-2020 ($Million)
32. Benzonates market Revenue, by Type, 2012-2020 ($Million)
33. Others market Revenue, by Type, 2012-2020 ($Million)
34. Preservatives market Revenue,by Application, 2012-2020 ($Million)
35. Dairy & Frozen Products: Preservatives market Revenue,by Region, 2012-2020 ($Million)
36. Bakery: Preservatives market Revenue,by Region, 2012-2020 ($Million)
37. Beverages: Preservatives market Revenue,by Region, 2012-2020 ($Million)
38. Confectionaries: Preservatives market Revenue,by Region, 2012-2020 ($Million)
39. Meat Poultry & Sea food products: Preservatives market Revenue,by Region, 2012-2020 ($Million)
40. Oils & Fats: Preservatives market Revenue,by Region, 2012-2020 ($Million)
41. Others: Preservatives market Revenue,by Region, 2012-2020 ($Million)
42. U.S Preservatives market Revenue,by Application, 2012-2020 ($Million)
43. Canada Preservatives market Revenue,by Application, 2012-2020 ($Million)
44. Mexico: Preservatives market Revenue,by Application, 2012-2020 ($Million)
45. Other North American regions: Preservatives market Revenue,by Application, 2012-2020 ($Million)
46. Spain: Preservatives market Revenue,by Application, 2012-2020 ($Million)
47. UK: Preservatives market Revenue,by Application, 2012-2020 ($Million)
48. France: Preservatives market Revenue,by Application, 2012-2020 ($Million)
49. Germany: Preservatives market Revenue,by Application, 2012-2020 ($Million)
50. Russia: Preservatives market Revenue,by Application, 2012-2020 ($Million)
51. Italy: Preservatives market Revenue,by Application, 2012-2020 ($Million)
52. Other European regions: Preservatives market Revenue,by Application, 2012-2020 ($Million)
53. China: Preservatives market Revenue,by Application, 2012-2020 ($Million)
54. India: Preservatives market Revenue,by Application, 2012-2020 ($Million)
55. Japan: Preservatives market Revenue,by Application, 2012-2020 ($Million)
56. Australia: Preservatives market Revenue,by Application, 2012-2020 ($Million)
57. Other APAC regions: Preservatives market Revenue,by Application, 2012-2020 ($Million)
58. Argentina: Preservatives market Revenue,by Application, 2012-2020 ($Million)
59. Brazil: Preservatives market Revenue,by Application, 2012-2020 ($Million)
60. Other South American regions: Preservatives market Revenue,by Application, 2012-2020 ($Million)
61. South Africa: Preservatives market Revenue,by Application, 2012-2020 ($Million)
62. Egypt: Preservatives market Revenue,by Application, 2012-2020 ($Million)
63. Other African regions: Preservatives market Revenue,by Application, 2012-2020 ($Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report