The growing demand for food and beverage (F&B) products with extended shelf life and increasing preference for convenience F&B will drive the food preservative market. The bakery, meat, and meat products industries exhibit strong demand for preservatives due to their high susceptibility to contamination from microorganisms. Clean label trends across the globe will boost the market adoption of natural preservatives, supporting the overall growth of the preservatives market.
Asia-Pacific (APAC) dominated the global food preservative market by volume in 2022 thanks to a fast-growing processed F&B industry. However, Europe dominated the food preservative market by revenue due to its large domestic F&B industry, high F&B export volume, and the high prices of preservatives in the region. Frost & Sullivan expects APAC to show the fastest growth during the forecast period thanks to the growing demand for convenience food in the growing economies of the region due to the increasing number of working women population and busy lifestyles.
Finally, this Frost & Sullivan analysis also considers exogenous factors, such as the impact of the Russo-Ukrainian War and inflation. The application scope of the study is restricted to F&B. The study includes qualitative insights into selected novel and traditional natural food preservatives.
Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the Food Preservative Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Analysis
Abbreviations
Scope of Analysis
International Numbering System (INS) Numbers for Food Additives
Scope of Preservatives
Segmentation
Definitions
Product Type Definitions
Application Definitions
Key Competitors
Commonly Used Food Preservation Techniques
Overview of Commonly Used Class I Preservatives
Overview of Novel Natural Preservatives
Market Trends Driving Innovation in Food Preservatives