The latest research study “Natural food preservatives market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global natural food preservatives market size reached US$ 863.35 in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,149.72 Million by 2027 exhibiting a CAGR of 4.76% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Industry Definition and Application:
Natural food preservatives obtained from plants and animals are incorporated into the processing of food to prevent spoilage, increase stability, and extend the shelf-life of processed products. Some of the primary ingredients present in these preservatives include extracts of natural compounds derived from salt, medicinal plants, sugar, spices, etc.
They delay or inhibit the growth of bacteria, thereby preventing food spoilage. In line with this, these preservatives improve microbial and safety quality without hindering the organoleptic and nutritional quality. They are considered to be an effective alternative to chemical and physical antimicrobial treatments. A small quantity is usually added to a variety of types of food, including perishable and non-perishable types comprising packaged vegetables, meat, gravies, pet food, snacks, etc.
Natural food preservatives market Trends and Drivers:
The escalating demand for chemical-free and processed products, owing to the increasing consumer health awareness, is primarily driving the natural food preservatives market. Additionally, the widespread adoption of clean-label and organic items that are non-toxic, soluble, economical, etc., is further catalyzing the market growth.
Besides this, the growing utilization of natural food preservatives in the formulation of packaged goods and extensive R&D activities conducted by leading manufacturers with an enhanced focus on sustainable development are acting as significant growth-inducing factors.
Moreover, the rising penetration of high-speed internet and the inflating disposable income levels of individuals are positively influencing the global market. Apart from this, continuous product innovations are also bolstering the market growth. Furthermore, the expanding e-commerce sector is anticipated to fuel the natural food preservatives market over the forecasted period.
|Natural Food Preservatives Market Report Scope|
|Market size value in 2021||US$ XX Million|
|Market forecast in 2027||US$ XX Billion|
|Growth Rate||CAGR of XX% from 2022 to 2027|
|Base year for estimation||2021|
|Report coverage||Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends|
|Segments covered||Type, Function, Application, Region|
|Regional scope||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Key companies profiled||Archer-Daniels-Midland Company, BASF SE, Cargill Incorporated, Corbion N.V., International Flavors & Fragrances Inc., Kalsec Inc., Kemin Industries, Kerry Group plc, Koninklijke DSM N.V., Merck KGaA and Tate & Lyle PLC.|
|Market Dynamics||Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,|
|Customization purview||If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.|
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Breakup by Type:
- Citric Acid
Breakup by Function:
Breakup by Application:
- Sea Food, Meat and Poultry
- Fruits and Vegetables
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
List of Major Key Players:
The major players in the market are Archer-Daniels-Midland Company, BASF SE, Cargill Incorporated, Corbion N.V., International Flavors & Fragrances Inc., Kalsec Inc., Kemin Industries, Kerry Group plc, Koninklijke DSM N.V., Merck KGaA and Tate & Lyle PLC.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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