Global Food Preservative Market Growth 2023-2029

Global Food Preservative Market Growth 2023-2029

Food Preservative is substances that are added to food items in order to inhibit, retard or arrest the process of fermentation, acidification, and decomposition of food items’. Or, in other words, preservatives in food help keep the food safe, without spoiling, for longer.

LPI (LP Information)' newest research report, the “Food Preservative Industry Forecast” looks at past sales and reviews total world Food Preservative sales in 2022, providing a comprehensive analysis by region and market sector of projected Food Preservative sales for 2023 through 2029. With Food Preservative sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food Preservative industry.

This Insight Report provides a comprehensive analysis of the global Food Preservative landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food Preservative portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food Preservative market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Preservative and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food Preservative.

The global Food Preservative market size is projected to grow from US$ 2581 million in 2022 to US$ 3153.8 million in 2029; it is expected to grow at a CAGR of 3153.8 from 2023 to 2029.

North America is the largest Food Preservative market with about 34% market share. Europe is follower, accounting for about 36% market share.

The key players are DSM, BASF, Celanese, DowDuPont, Cornion, Galactic, Akzonobel, Kemin, NTAC, Wanglong, Kunda etc. Top 3 companies occupied about 39% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Food Preservative market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Natural Preservative

Chemical Preservative

Segmentation by application

Bakery

Beverages

Dairy and Milk Products

Meat, Poultry and Seafood

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

DSM

BASF

Celanese

DuPont

Cornion

Galactic

Akzonobel

Kemin

NTAC

Wanglong

Kunda

Key Questions Addressed in this Report

What is the 10-year outlook for the global Food Preservative market?

What factors are driving Food Preservative market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Food Preservative market opportunities vary by end market size?

How does Food Preservative break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.