Food Preservatives Industry Overview The global food preservatives market size is expected to reach USD 4.16 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.6% from 2022 to 2030. The fast-paced working lifestyle of consumers in North America and the Asia Pacific has been instrumental in driving the demand for ready-to-eat products. Consequently, the use of food preservatives is expected to grow owing to benefits provided by them, such as the prevention of food spoilage and an increase in shelf life. Food Preservatives Market Segmentation Grand View Research has segmented the global food preservatives market report on the basis of label, type, function, application, and region: Based on the Label Insights, the market is segmented into clean label and conventional
Based on the Type Insights, the market is segmented into natural and synthetic
Based on the Function Insights, the market is segmented into anti-microbial, anti-oxidant and others
Based on the Application Insights, the market is segmented into meat & poultry products, bakery products, dairy products, beverages, snacks and others
Food Preservatives Regional Outlook
Key Companies Profile & Market Share Insights The market was characterized by a large number of synthetic preservatives manufacturers. However, due to the rising demand for organic preservatives, the market has witnessed new entrants marking their presence. Global manufacturers include ADM, BASF SE, and Celanese Corporation. Demand for natural food products is gradually increasing owing to consumer awareness about health and an increase in customer willingness to pay for premium products. As a result, a large number of natural food manufacturers have entered the market further intensifying the competition. Some prominent players in the global food preservatives market include:
Market Industry Development
Order a free sample PDF of the Food Preservatives Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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