Global food preservatives market is estimated to be valued at USD 3.47 Bn in 2024, exhibiting  a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. Global food preservatives market has been witnessing steady growth over the past few years. Food preservatives are substances that are added to products like oils, beverages, foods, pharmaceutical drugs, paints, wood, and many other materials to prevent decomposition by microbial growth or by undesirable chemical changes. These help in increasing the shelf life of foods without altering their taste or nutritional value. Growing awareness about food safety and hygiene along with expanding food industry has significantly boosted demand for various types of preservatives globally. Rising need for minimally processed and ready-to-eat food items is expected to drive the market growth. However, stringent regulations related to certain synthetic preservatives and consumer preference for natural ingredients may impede the global food preservatives market expansion to some extent during the forecast period.

 Market Dynamics:

Increasing awareness among consumers about food quality and safety standards along with rising demand for convenience foods and longer shelf-life are the key factors driving the growth of global food preservatives market. Changing lifestyles and busy schedules has boosted demand for minimally processed, ready-to-eat and packaged food items which acts as a major growth opportunity for market players. However, rising health concerns related to synthetic preservatives and stringent regulations regarding their use limit their application scope, restraining market growth. Growing demand for natural preservatives provides a tremendous growth opportunity for organic and natural product manufacturers in the near future. Furthermore, development of eco-friendly and non-toxic food preservatives through continued research and development can help in overcoming the growth restraints.

 Key Features of the Study:

• This report provides in-depth analysis of the global food preservatives market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global food preservatives market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include BASF SE, Kerry Group Plc, Kemin Industries, Inc., DuPont Nutrition & Biosciences, ADM, Foodchem International Corporation, Corbion, Celanese Corporation, Jungbunzlauer Suisse AG, Cargill, Inc., Kemin Industries, Inc., ADM, Tate & Lyle, Koninklijke DSM N.V., Galactic S.A., Givuadan SA., Mane Kancor Ingredients Pvt. Ltd., Synthite Industries Ltd., International Flavors & Fragrances Inc., Arjuna Natural
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global food preservatives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation-

• Source:
• • Natural
  • Synthetic
• Functionality:
• • Anti-Oxidants
  • Anti-Microbial
• Application:
• • Dairy Products
  • Meat, Poultry and Sea Food
  • Bakery
  • Beverages
  • Others (Confectionery, etc.)
• Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • BASF SE
  • Kerry Group Plc
  • Kemin Industries, Inc.
  • DuPont Nutrition & Biosciences
  • ADM
  • Foodchem International Corporation
  • Corbion
  • Celanese Corporation
  • Jungbunzlauer Suisse AG
  • Cargill, Inc.
  • Kemin Industries, Inc.
  • ADM
  • Tate & Lyle
  • Koninklijke DSM N.V.
  • Galactic S.A.
  • Givuadan SA.
  • Mane Kancor Ingredients Pvt. Ltd.
  • Synthite Industries Ltd.
  • International Flavors & Fragrances Inc.
  • Arjuna Natural