Food Preservatives Market

The global Food Preservatives market is foreseen to grow at 3.9%, from USD 3.08 Billion in 2021 to USD 4.18 Billion in 2029. Increase in demand for food products with extended shelf life, Growth in demand for convenience foods, Increase in use of natural preservatives on meat and poultry in Europe and North America are the factors driving the growth of the global Food Preservatives market. However, Increase in demand for natural food products and limited availability of natural preservatives is seen to restraint the market growth for the estimated period.

Market Definition

What is Food Preservatives?

A food preservative is a substance added to foods to make them last longer; to “preserve” them. Preservatives are added to foods that go bad quickly and have found themselves in all kinds of products in our grocery stores. Preservatives work to preserve food in a few different ways. Some prevent the growth of bacteria and mould. Others prevent delicate fats from going rancid.

Research Scope

The report provides market value for base year 2021 and a yearly forecast from 2022 to 2029 in terms of revenue (USD Million). Market for each segment is present on North America, Europe, Asia Pacific, Latin America and Middle East & Africa as well as regional basis for the above-mentioned forecast period.

Key industry dynamics, regulatory scenario, major material dynamics and Food Preservatives future markets are analyzed to understand their impact on demand for the forecast period. Growth rates have been estimated using correlation, regression and time-series analysis.

Market Overview

Food Preservatives market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Food Preservatives market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Food Preservatives market revenue by understanding the strategic growth approaches.

Food Preservatives Market study by “Zettabyte Analytics” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

Market Segmentation

For the purpose of this report, the global Food Preservatives market is segmented on the basis of Type, Function, Application and region:

Type Outlook:

On the basis of Type, the market is segmented into Natural Preservatives, Synthetic Preservatives. Further, Natural Preservatives is segmented into Alcohol, Edible Oil, Natamycin, Rosemary Extracts, Salt, Sugar, Vinegar, Other Natural Preservatives. Further, Synthetic Preservatives is segmented into Propionates, Sorbates, Benzoates, Others (Nitrites, Sulfates).

Figure 1 - Food Preservatives Market, By Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)