Food preservatives are substances added to or sprayed on food to restrict the growth of fungi, bacteria, and other harmful microorganisms. Food preservatives are broadly classified as natural and synthetic. food preservation systems combine various food preservation methods. Boiling (e.g., to lower fruit's moisture content and kill bacteria), sugaring (to inhibit re-growth), and sealing in an airtight container are all steps involved in the process of preserving fruit by converting it into jam (to prevent recontamination).
The food preservatives market was valued at US$ 3.04 Billion in 2021, expected to exhibit a CAGR of 4.50% during the forecast period (2022 to 2030).
Drivers
The food preservatives market is driven by the increasing demand for packaged food by the growing population and propelling urbanization in Asia Pacific. Moreover, natural food preservatives are traditional preservatives that use old techniques or processes which include making of jams, pickles, juices, among others. Also, salt is applied to meat and fish to preserve from bacterial effects.
Bacteria, viruses, parasites, or chemical compounds enter the body through contaminated food and produce foodborne illnesses, which are usually infectious or poisonous in nature. Many foodborne illnesses can cause long-term impairment or death. For instance, on June 6, 2022, , a handmade ice cream manufacturer in Baltimore, Maryland, has recalled its Peanut Butter Cup ice cream as it could be contaminated with Salmonella, a bacteria that can cause serious and often deadly infections in small children, the elderly, and others with compromised immune systems. As a result, increasing food-borne diseases is expected to drive , as it helps to increase the self-life and maintain the overall quality of the food for a longer duration of time.
Among regions, Europe held a dominant position in the global food preservatives market in 2021 with a revenue share of 29.1%, due to the high demand for food preservatives in applications such as dairy products, meat, poultry and sea food, bakery, beverages, and confectionery. Furthermore, improved economic conditions, government initiatives, and the growing food industry are driving the market growth in this region.
Figure 1. Global Food Preservatives Market Volume Share (%), By Region, 2021
Market Restraints
Increasing demand for natural food products is expected to be the key challenge for market growth during the forecast period. Natural foods are considered healthier than those with synthetic preservatives by consumers. Natural sources are limited and natural preservatives such as nisin and natamycin are at least ten times more expensive than chemical preservatives. Many natural preservatives have yet to be commercially produced. The commercialization of natural preservative production processes has yet to take place.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2021 | Market Size in 2022: | 3.04 Bn |
| Historical Data for: | 2017-2021 | Forecast Period: | 2022 |
| Forecast Period 2022 to 2030 CAGR: | 4.50% | Forecast Period: | 2022-2030 |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
BASF SE, Kerry Group Plc, Kemin Industries, Inc., DuPont Nutrition & Biosciences, ADM, Foodchem International Corporation, Corbion, Celanese Corporation, and Jungbunzlauer Suisse AG |
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| Growth Drivers: |
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| Restraints & Challenges: |
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Market Trends
The rising beverages industry is one of the key trends which is expected to drive the global food s market. As individuals become more aware of the health benefits of functional foods, they are drinking more functional beverages. Natural preservatives are increasingly used in the formulation process by beverage manufacturers to gain a competitive advantage. , a Dutch food and biochemical company for example, announced in March 2021 that it will begin a project to increase its capacity for producing lactic acid and lactic acid derivatives.
Figure 2. Global Food Preservatives Market Value Share (%), By Application, 2021
Among application, Meat, Poultry and Sea Food held the largest value share of 37.0% in the global food preservatives market in 2021.
Global Food Preservatives Market - Impact of Coronavirus (COVID-19) Pandemic
Food Preservatives was positively impacted by the effect of the COVID-19 pandemic. Due to travel limitations around the world, the COVID-19 epidemic has resulted in increased sales of retail and off-the-shelf products. As a result, a significant section of the world's population began hoarding food and other food goods for their homes. In the medium term, this had a positive impact on industrial demand for food preservatives.
Recent Developments
Competitive Section
Major players operating in the global food preservatives market include BASF SE, Kerry Group Plc, Kemin Industries, Inc., DuPont Nutrition & Biosciences, ADM, Foodchem International Corporation, Corbion, Celanese Corporation, and Jungbunzlauer Suisse AG
Food preservatives are substances added or sprayed onto food to restrict the growth of fungi, bacteria, and other harmful microorganisms. Increasing demand for convenience and packaged food is driving growth of the global food preservatives market. Natural food preservatives are the most preferred preservative and the segment is expected to gain further traction over the forecast period, according to the stats provided by Oil and salt are the primary natural food preservatives used to preserve food. For instance, salt is used to trap the water content in the food and is applied to store dried vegetables and fruits. Moreover, citric juices are also used as antioxidants and helps in fermentation of various foods. Increasing population, growing urbanization and increasing number of women in the workforce is increasing demand for processed and ready-to-eat food products, in turn driving growth of the global food preservatives market.
The quality of food and food systems is affected differently by different food preservation technologies. When compared to modern techniques of food preservation, several old methods have been demonstrated to have a lower energy input and carbon footprint. Some food preservation procedures are known to produce carcinogens.
Market Dynamics
Asia Pacific is expected to be the fastest-growing market during the forecast period. The Asia Pacific food and beverage business is influenced by consumer preferences for natural and organic foods, a balanced diet, and increased demand for convenient food products. As a result of emerging countries, more industrialization, rising processed food consumption, and customer preference for high-quality products, ingredient suppliers are becoming more optimistic about the food and beverage industry's future. Despite rising awareness of the health dangers associated with synthetic food additives, have necessitated the use of more chemicals in meals. Europe was the largest market for food preservation in 2021 and the region is expected to retain its dominance in the market through 2030.
Synthetic food preservatives are the most effective and seem to be the best for longer shelf. For instance, ethanol is used to preserve wine to increase shelf. Moreover, various synthetic antioxidants such as Vitamin C, butylated hydroxyanisole (BHA), sodium nitrate, benzoic acid, and sulfur dioxide are used to restrict the bacterial growth and increase shelf of food.
However, one of the major challenges for the food preservatives market is expected to be stringent government regulation. For instance, in February 2022 , Due to the adoption of the Northern Ireland Protocol, the use of titanium dioxide as a food additive is no longer permitted in the nion and Northern Ireland.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
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