Home / Food & Beverage / Food Preservatives Market By Type (Natural, Synthetic), By Application (Oils & Fats, Bakery, Dairy & Frozen Products, Snacks, Meat, Poultry & Seafood, Confectionery, Beverages), By Function (Antimicrobials, Antioxidants) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

Food Preservatives Market By Type (Natural, Synthetic), By Application (Oils & Fats, Bakery, Dairy & Frozen Products, Snacks, Meat, Poultry & Seafood, Confectionery, Beverages), By Function (Antimicrobials, Antioxidants) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

Published: Nov 2017 | Report Code: 58816-11-17

Food preservatives are added to the products during processing to avoid spoilage. Traditionally, salt and spices were used to preserve meat and other foods. The preservatives help in maintaining the essential food features such as texture, flavor, edibility and nutrition and reduce wastage through spoilage. Factors such as hectic and sedentary lifestyles coupled with rising health issues resulting in demand for convenience foods which are easy to store for longer time motivating the food processors to use preservatives and to reduce food loss and wastage. The global food preservatives market is also segmented by type, application and function, allowing more precise real-time food preservatives market status and actual development opportunities in the near future.

In 2016, synthetic food preservatives dominated the global food preservatives market, by type in terms of value and projected to maintain its dominance during the forecast period between 2017 and 2025, due to increasing consumption of meat, seafood and bakery and confectionery products has resulted in high demand for synthetic food preservatives.

By function, antimicrobial accounted for the largest share in the global market, representing approximately 50% share in 2016 in terms of revenue. Antimicrobial function is followed by the antioxidants in terms of market share, however, it is projected to witness the fastest CAGR during the forecast period in this category. The growth for antioxidant preservatives is due to increasing preference for functional preservatives which serves the dual purpose of preserving food products and are also beneficial to health.

Global food preservatives market by application, in 2016, meat, poultry & seafood accounted for the largest share in terms of value. The Bakery products segment is estimated to account for 19.0% value share in 2017 and expected to decline and reach 19.4% value share by 2027, due to inclination towards baked foods which need high volume of preservatives, due to slow sales. Increasing usage of Food Preservatives, especially in meat products, poultry and fish products and bakery products such as pastries, breads, toppings and fillings is expected to drive preservatives growth over the forecast period.

In 2016, North America was the leading region in the food preservatives market followed by Asia-Pacific & Europe. Asia-Pacific is projected to witness the fastest growth between 2017 and 2025. Increasing usage of food preservatives, especially in meat, poultry and fish products, along with growing economy and rising disposable income in countries such as China, India and Japan is expected to drive preservatives growth over the forecast period.

With the rise in the use of preservatives in the food and beverages industries players are focusing on offering more innovative and customized products and also employing various strategies such as new product and development, mergers and acquisitions, joint ventures, expansion and so on. In recent years, many acquisition have been traced within the food preservative industry, and hence, considered as the most preferred strategies. Some of the key players present in this market are Akzo Nobel N.V. (Netherlands), Univar Inc. (U.S.), Cargill, Incorporated (U.S.), Danisco A/S (Denmark), and Koninklijke DSM N.V (Netherlands) among others.

Food Preservatives Market

Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn)
2.2 Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn), by Type
2.3 Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn), by Function
2.4 Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn), By Application
2.5 Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn), by Geography

Chapter 3 Global Food Preservatives Market Dynamics
3.1 Overview
3.2 Market Drivers
3.3 Challenges
3.4 Future Prospects
3.4 Food Preservatives Regulations
3.5 Attractive Investment Proposition by Geography, 2016
3.6 Value Chain Analysis of Food Preservatives Market

Chapter 4 Global Food Preservatives Market, by Type
4.1 Overview
5.1.1 Global Food Preservatives Market Volume & Revenue Share, by Type, 2016 & 2025 (% Value)
4.2 Natural
4.2.1 Global Food Preservatives Market Volume & Revenue, by Natural, 2016 – 2025 (Kilotons/US$ Mn)
4.3 Synthetic
4.3.1 Global Food Preservatives Market Volume & Revenue, by Synthetic, Revenue, 2016 – 2025 (Kilotons/US$ Mn)

Chapter 5 Global Food Preservatives Market Analysis, by Application
5.1 Overview
5.1.1 Global Food Preservatives Market Volume & Revenue Share, by Application, 2016 & 2025 (% Value)
5.2 Oils & Fats
5.2.1 Global Food Preservatives Market Volume & Revenue, by Oils & Fats, 2016 – 2025 (Kilotons/US$ Mn)
5.3 Bakery
5.3.1 Global Food Preservatives Market Volume & Revenue, by Bakery, 2016 – 2025 (Kilotons/US$ Mn)
5.3 Dairy & Frozen Products
5.3.1 Global Food Preservatives Market Volume & Revenue, by Dairy & Frozen Products, 2016 – 2025 (Kilotons/US$ Mn)
5.3 Snacks
5.3.1 Global Food Preservatives Market Volume & Revenue, by Snacks, 2016 – 2025 (Kilotons/US$ Mn)
5.3 Meat, Poultry & Seafood
5.3.1 Global Food Preservatives Market Volume & Revenue, by Meat, Poultry & Seafood, 2016 – 2025 (Kilotons/US$ Mn)
5.3 Confectionery
5.3.1 Global Food Preservatives Market Volume & Revenue, by Confectionery, 2016 – 2025 (Kilotons/US$ Mn)
5.3 Beverages
5.3.1 Global Food Preservatives Market Volume & Revenue, by Beverages, 2016 – 2025 (Kilotons/US$ Mn)

Chapter 6 Global Food Preservatives Market, by Function
6.1 Overview
6.1.1 Global Food Preservatives Market Volume & Revenue Share, by Function, 2016 & 2025 (% Value)
6.2 Antimicrobials
6.2.1 Global Food Preservatives Market Volume & Revenue, by Antimicrobials, 2016 – 2025 (Kilotons/US$ Mn)
6.3 Antioxidants
6.3.1 Global Food Preservatives Market Volume & Revenue, by Antioxidants, Revenue, 2016 – 2025 (Kilotons/US$ Mn)
6.4 Others
6.4.1 Global Food Preservatives Market Volume & Revenue, by Others, 2016 – 2025 (Kilotons/US$ Mn)

Chapter 7 Global Food Preservatives Market, by Geography
7.1 Overview
7.2 Global Food Preservatives Market Volume & Revenue Share, by Geography, 2016 & 2025 (Value %)
7.3 North America
7.3.1 North America Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
7.3.2 North America Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
7.3.3 North America Food Preservatives Market Volume & Revenue, by Function, 2015-2025 (Kilotons/US$ Mn)
7.3.4 North America Food Preservatives Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Mn)
7.4 Europe
7.4.1 Europe Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
7.4.2 Europe Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
7.4.3 Europe Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
7.4.4 Europe Food Preservatives Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Mn)
7.5 Asia Pacific
7.5.1 Asia Pacific Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
7.5.2 Asia Pacific Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
7.5.3 Asia Pacific Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
6.5.4 Asia Pacific Food Preservatives Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Mn)
7.6 Latin America
7.6.1 Latin America Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
7.6.2 Latin America Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
7.6.3 Latin America Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
7.6.4 Latin America Food Preservatives Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Mn)
7.7 Middle East and Africa (MEA)
7.7.1 Middle East and Africa Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
7.7.2 Middle East and Africa Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
7.7.3 Middle East and Africa Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
7.7.4 Middle East & Africa Food Preservatives Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Mn)

Chapter 8 Company Profiles
8.1 Cargill Inc.
8.2 Akzonobel N.V.
8.3 Danisco A/S
8.4 Koninklijke DSM N.V.
8.5 Univar Inc.
8.6 Brenntag Solution Group, Inc.
8.7 Tate & Lyle
8.8 Kemin Industries, Inc.
8.9 Galactic
8.10 Hawkins Watts Limited

List Of Table :

TABLE 1 Market Snapshot: Global Food Preservatives Market Volume & Revenue
TABLE 2 North America Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 3 North America Food Preservatives Market Volume & Revenue, by Function, 2016-2025 ( Tns(Kilotons/US$ Mn)
TABLE 4 North America Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 5 North America Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
TABLE 6 U.S. Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 7 U.S. Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 8 U.S. Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 9 Canada Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 10 Canada Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 11 Canada Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 12 Europe Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 13 Europe Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 14 Europe Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 15 Europe Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
TABLE 16 France Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 17 France Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 18 France Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 19 Germany Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 20 Germany Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 21 Germany Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 22 Italy Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 23 Italy Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 24 Italy Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 25 U.K. Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 26 U.K. Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 27 U.K. Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 31 Rest of Europe Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 32 Rest of Europe Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 33 Rest of Europe Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 34 Asia Pacific Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 35 Asia Pacific Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 36 Asia Pacific Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 37 Asia Pacific Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
TABLE 38 China Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 39 China Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 40 China Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 41 Japan Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 42 Japan Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 43 Japan Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 44 Australia Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 45 Australia Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 46 Australia Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 50 Rest of Asia Pacific Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 51 Rest of Asia-Pacific Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 52 Rest of Asia Pacific Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 53 Latin America Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 54 Latin America Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 55 Latin America Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (US$ Mn)
TABLE 56 Latin America Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
TABLE 57 Brazil Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 58 Brazil Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 59 Brazil Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 60 Mexico Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 61 Mexico Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 62 Mexico Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 63 Rest of Latin America Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 64 Rest of Latin America Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 65 Rest of Latin America Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 66 Middle East and Africa Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 67 Middle East & Africa Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 68 Middle East & Africa Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 69 Middle East and Africa Food Preservatives Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Mn)
TABLE 70 Saudi Arabia Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 71 Saudi Arabia Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 72 Saudi Arabia Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 76 Rest of Middle East & Africa Food Preservatives Market Volume & Revenue, by Type, 2016-2025 (Kilotons/US$ Mn)
TABLE 77 Rest of Middle East Food Preservatives Market Volume & Revenue, by Function, 2016-2025 (Kilotons/US$ Mn)
TABLE 78 Rest of Middle East & Africa Food Preservatives Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Mn)
TABLE 79 Cargill Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 80 Akzonobbel N.V.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 81 Danisco A/S: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 82 Koninklijke: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 83 Univar Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 84 Brenntag Solution Group, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 85 Tate & Lyle: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 86 Kemin Industries, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 87 Galactic: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 88 Hawkins Watts Limited: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)

List Of Figures :

FIG. 1 Global Food Preservatives Market: Research Methodology
FIG. 2 Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn), by Type, 2016
FIG. 3 Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn), by Function, 2016
FIG. 4 Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn), by Application, 2016
FIG. 5 Global Food Preservatives Market Volume & Revenue (Kilotons/US$ Mn), by Geography, 2016
FIG. 6 Attractive Investment Proposition, by Geography
FIG. 7 Value Chain Analysis of Food Preservatives Market
FIG. 8 Global Food Preservatives Market Volume & Revenue Share, by Type, 2016 & 2025 (% Value)
FIG. 9 Global Food Preservatives Market Volume & Revenue, by Natural, 2016 – 2025 (Kilotons/US$ Mn)
FIG. 10 Global Food Preservatives Market Volume & Revenue, by Synthetic, 2016 – 2025 (Kilotons/US$ Mn)
FIG. 13 Global Food Preservatives Market Volume & Revenue Share, by Function, 2016 & 2025 (% Value)
FIG. 14 Global Food Preservatives Market Volume & Revenue, by Antioxidants, 2016 – 2025 (Kilotons/US$ Mn)
FIG. 15 Global Food Preservatives Market Volume & Revenue, by Antimicrobials, 2015-2025 (Kilotons/US$ Mn)
FIG. 16 Global Food Preservatives Market Volume & Revenue, by Others, 2016 – 2025 (Kilotons/US$ Mn)
FIG. 20 Global Food Preservatives Market Volume & Revenue Share, by Applications, 2016 & 2025 (% Value)
FIG. 21 Global Food Preservatives Market Volume & Revenue, by Oils & Fats , 2016 – 2025 (Kilotons/US$ Mn)
FIG. 22 Global Food Preservatives Market Volume & Revenue, by Bakery, 2015-2025 (Kilotons/US$ Mn)
FIG. 22 Global Food Preservatives Market Volume & Revenue, by Dairy & Frozen Products, 2015-2025 (Kilotons/US$ Mn)
FIG. 22 Global Food Preservatives Market Volume & Revenue, by Snacks, 2015-2025 (Kilotons/US$ Mn)
FIG. 22 Global Food Preservatives Market Volume & Revenue, by Meat, Poultry & Seafood, 2015-2025 (Kilotons/US$ Mn)
FIG. 22 Global Food Preservatives Market Volume & Revenue, by Confectionery, 2015-2025 (Kilotons/US$ Mn)
FIG. 22 Global Food Preservatives Market Volume & Revenue, by Beverages, 2015-2025 (Kilotons/US$ Mn)
FIG. 23 Global Food Preservatives Market Volume & Revenue Share, by Geography, 2016 & 2025 (Value %)

 

For the purpose of this study, the global food preservatives market by Type is categorized into:

  • Natural
  • Synthetic

Synthetic preservatives accounted for the largest value share in 2016. Due to increasing preference for food products with longer shelf life, rising meat and seafood consumptions and higher demand for ready to eat food motivating manufacturers to use food preservatives for increasing the sustainability of food and beverages, which in turn fuelling the market growth of food preservatives. Rising consumer awareness and demand for natural food products, increasing health concerns and technological advances in food production, is expected to support and sustain the growth of the natural food preservatives market. Natural preservatives segment is anticipated to account for more than 36% of the market share in 2017 and is expected to show robust growth during the forecast period.

Food Preservatives Market

For the purpose of this study, the global food preservatives market by application is categorized into:

  • Oils & fats
  • Bakery
  • Dairy & Frozen Products
  • Snacks
  • Meat, Poultry & Seafood
  • Confectionery
  • Beverages

In terms of market value, meat, poultry & seafood application segment is estimated to account for 24% share in 2017 and expected to maintain its dominance throughout the forecasted period. Increasing demand of food preservatives from the application industry especially from meat products, poultry and fish products and bakery products which includes toppings pastries, breads, and fillings is expected to drive preservatives growth over the forecast period. Factors such as growing economy and rising disposable income in Asia-Pacific is leading to increased consumption of meat, which has resulted in large scale consumption of preservatives in the region. The Bakery products segment holds the second largest share by application, owing to consumer’s inclination towards baked foods which need high volume of preservatives for enhancing their shelf-life, due to slow sales.

Food Preservatives Market

For the purpose of this study, the global food preservatives market by function is categorized into:

  • Antimicrobials
  • Antioxidants
  • Others

The global food preservatives market by function is currently dominated by the antimicrobial preservatives, estimated to accounts for approximately 46% value share in 2017. Antimicrobial preservatives is projected to witness the CAGR of 3.0% between 2017-2025, which is slower than antioxidant preservatives. Antioxidant preservatives is expected to register the highest CAGR of 3.5% between 2017-2025. This growth of antioxidant preservatives can be attributed to increasing preference for functional preservatives which serves dual purpose of preserving food and providing nutritional benefit to the body which helps to improve human health. Food preservatives are also used as chelating agents and enzymes attackers, which is included in the others function.

Food Preservatives Market

On the basis of geography, the global food preservatives market is segmented as per following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • Italy
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • Rest of Middle East & Africa

North America is estimated to accounts for largest value share in 2017. Increasing demand for packaged food, canned foods, product with extended shelf-life and poultry products coupled with high purchasing power in the U.S. is driving demand for food preservatives in North America region. Further, popularity of ready to drink/cook products, seafood, and quick meals among consumers is also contributing to the growth of food preservatives in the region. The market in Asia-Pacific accounted for second highest value share of approximately 28% in 2016 and is also expected to register the fastest growth between 2017 and 2025. Increasing demand of food products such as non-seasonal fruits and vegetables, frozen food products, sea food from South East Asian countries and booming consumption of bakery products, coupled with growing disposable income, and stable economic growth in the region is expected to drive demand for food preservatives in the region. Demand of food preservatives is mainly driven by economies such as China, Japan and India in Asia-Pacific.

Food Preservatives Market

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