Market Overview:
The global food preservatives market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during the next five years. Food preservatives are chemical substances added to processed food and beverages to inhibit the growth of harmful microorganisms and the oxidation of constituents. They help prevent deterioration, spoilage and contamination, extend the shelf life of foodstuffs, reduce wastage, ensure safety, and enhance supply. Some of the commonly utilized preservatives include sugar, salt, nitrites, vinegar, citric acid, calcium propionate, butylated hydroxyanisole (BHA), butylated hydroxyl toluene (BHT), and tert-butyl hydroquinone (TBHQ). At present, the utilization of food preservatives is generally regulated and monitored by the governing authorities of different countries.
The growing focus on maintaining health and hygiene standards is shifting consumer preferences toward hygienically packaged and fortified food products. This acts as a major factor escalating the demand for food preservatives in processed items like crackers, cereals, bread, snacks, cheese, yogurt, deli meats, sauces, and soups around the world. Moreover, rapid urbanization, busy lifestyles, rising per capita incomes, and the increasing trend of nuclear families are promoting the consumption of ready-to-eat (RTE) food items that require minimal preparation and cooking time. Apart from this, the rising health consciousness among individuals is driving the demand for organic preservatives and clean label ingredients. They are non-toxic, soluble, and economical and help retain the natural color, flavor and texture of the food. They also delay rancidity, improve appearance, and maintain the nutritional quality and freshness of products. Additionally, their demand is anticipated to rise as gelling agents and flavor enhancers in beverages and confectionary items across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global food preservatives market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, function and application.
Breakup by Type:
- Natural
- Edible Oil
- Rosemary Extracts
- Natamycin
- Vinegar
- Others
- Synthetic
- Propionates
- Sorbates
- Benzoates
- Others
Breakup by Function:
- Anti-Microbial
- Anti-Oxidant
- Others
Breakup by Application:
- Meat and Poultry
- Bakery
- Dairy
- Beverages
- Snacks
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Albemarle Corporation, Archer Daniels Midland Company, BASF SE, Cargill Incorporated, Celanese Corporation, Corbion N.V., Dupont De Nemours Inc., Galactic S.A., Jungbunzlauer Suisse AG, Kemin Industries Inc., Koninklijke DSM N.V. and Tate & Lyle PLC.
Key Questions Answered in This Report:
- How has the global food preservatives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global food preservatives market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the function?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global food preservatives market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Food Preservatives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Natural
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Edible Oil
6.1.2.2 Rosemary Extracts
6.1.2.3 Natamycin
6.1.2.4 Vinegar
6.1.2.5 Others
6.1.3 Market Forecast
6.2 Synthetic
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Propionates
6.2.2.2 Sorbates
6.2.2.3 Benzoates
6.2.2.4 Others
6.2.3 Market Forecast
7 Market Breakup by Function
7.1 Anti-Microbial
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Anti-Oxidant
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Meat and Poultry
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Bakery
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Dairy
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Beverages
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Snacks
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Albemarle Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Archer Daniels Midland Company
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Cargill Incorporated
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Celanese Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Corbion N.V.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Dupont De Nemours Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Galactic S.A.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Jungbunzlauer Suisse AG
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Kemin Industries Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Koninklijke DSM N.V.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Tate & Lyle PLC
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Food Preservatives Market: Major Drivers and Challenges
Figure 2: Global: Food Preservatives Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Food Preservatives Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Food Preservatives Market: Breakup by Type (in %), 2020
Figure 5: Global: Food Preservatives Market: Breakup by Function (in %), 2020
Figure 6: Global: Food Preservatives Market: Breakup by Application (in %), 2020
Figure 7: Global: Food Preservatives Market: Breakup by Region (in %), 2020
Figure 8: Global: Food Preservatives (Natural) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Food Preservatives (Natural) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Food Preservatives (Synthetic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Food Preservatives (Synthetic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Food Preservatives (Anti-Microbial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Food Preservatives (Anti-Microbial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Food Preservatives (Anti-Oxidant) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Food Preservatives (Anti-Oxidant) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Food Preservatives (Other Functions) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Food Preservatives (Other Functions) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Food Preservatives (Meat and Poultry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Food Preservatives (Meat and Poultry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Food Preservatives (Bakery) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Food Preservatives (Bakery) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Food Preservatives (Dairy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Food Preservatives (Dairy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Food Preservatives (Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Food Preservatives (Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Food Preservatives (Snacks) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Food Preservatives (Snacks) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Food Preservatives (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Food Preservatives (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: United States: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: United States: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Canada: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Canada: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Asia-Pacific: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Asia-Pacific: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: China: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: China: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Japan: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Japan: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: India: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: India: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: South Korea: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: South Korea: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Australia: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Australia: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Indonesia: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Indonesia: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Others: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Others: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Europe: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Europe: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Germany: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Germany: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: France: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: France: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: United Kingdom: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: United Kingdom: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Italy: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Italy: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Spain: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Spain: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Russia: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Russia: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Latin America: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Latin America: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Brazil: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Brazil: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Mexico: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Mexico: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Others: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Others: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Middle East and Africa: Food Preservatives Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Middle East and Africa: Food Preservatives Market: Breakup by Country (in %), 2020
Figure 79: Middle East and Africa: Food Preservatives Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Global: Food Preservatives Industry: SWOT Analysis
Figure 81: Global: Food Preservatives Industry: Value Chain Analysis
Figure 82: Global: Food Preservatives Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Food Preservatives Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Food Preservatives Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Food Preservatives Market Forecast: Breakup by Function (in Million US$), 2021-2026
Table 4: Global: Food Preservatives Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Food Preservatives Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Food Preservatives Market: Competitive Structure
Table 7: Global: Food Preservatives Market: Key Players