GITNUX MARKETDATA REPORT 2024

Food Preservatives Industry Statistics

The global food preservatives industry is projected to experience steady growth in the coming years due to increasing demand for convenience foods and longer shelf life products.

With sources from: mordorintelligence.com, patentguru.com, zionmarketresearch.com, grandviewresearch.com and many more

Statistic 1

The global food preservatives market size was valued at USD 2.91 billion in 2019.

Statistic 2

The food preservatives market is anticipated to grow at a rate of 3.6% from 2020 to 2027.

Statistic 3

The food preservatives market in North America was valued at $872.6 million in 2018.

Statistic 4

Natural food preservatives sector is projected to grow at a CAGR of 6.3% during the forecast period 2021-2026.

Statistic 5

Natural food preservatives accounted for a 43% market share in terms of revenue in 2018.

Statistic 6

In Europe, demand for organic food preservatives is projected to expand at 5.9% CAGR, in terms of revenue, from 2019 to 2025.

Statistic 7

The food preservatives industry in Asia Pacific is projected to register a CAGR of 4.5% from 2020-2026.

Statistic 8

The meat, poultry, and seafood application segment held the largest share in the food preservatives market in 2019.

Statistic 9

The synthetic food preservatives segment accounted for a 57% market share in terms of revenue in 2018.

Statistic 10

The global demand for sorbic acid as a food preservative is expected to increase by 4.8% from 2018 to 2025.

Statistic 11

The Middle East & Africa region is the smallest market for food preservatives, representing only 5.1% of the global sector in 2018.

Statistic 12

The global food preservatives market is expected to be driven by rising demand for packaged and convenience foods.

Statistic 13

Europe is expected to show high demand for natural preservatives due to growing interest in clean-label products.

Statistic 14

The bakery & confectionery segment is expected to register the fastest CAGR of 4.2% in the global food preservatives market from 2019 to 2025.

Statistic 15

The number of patents for food preservatives has increased by 300% over the past decade.

Statistic 16

The global organic preservatives market is expected to reach $216 million by 2025.

Statistic 17

The Middle East & Africa region will witness a CAGR of 4.7% in the global food preservatives industry during 2019-2026.

Statistic 18

Synthetic food preservatives contribute to around two-thirds of the total market share by product type.

Statistic 19

The natural segment in the global food preservatives market is anticipated to grow considerably in the future due to increasing health concerns and demand for organic food.

Statistic 20

The key players in the food preservatives market include Akzo Nobel N.V., Danisco A/S, Cargill Incorporated, and Univar Inc.

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In this post, we will explore key statistics and trends in the food preservatives industry. From market size figures to projected growth rates across different regions and segments, the data sheds light on the evolving landscape of food preservation. Join us as we analyze the latest insights and examine the driving factors behind the market’s expansion.

Statistic 1

"The global food preservatives market size was valued at USD 2.91 billion in 2019."

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Statistic 2

"The food preservatives market is anticipated to grow at a rate of 3.6% from 2020 to 2027."

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Statistic 3

"The food preservatives market in North America was valued at $872.6 million in 2018."

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Statistic 4

"Natural food preservatives sector is projected to grow at a CAGR of 6.3% during the forecast period 2021-2026."

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Statistic 5

"Natural food preservatives accounted for a 43% market share in terms of revenue in 2018."

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Statistic 6

"In Europe, demand for organic food preservatives is projected to expand at 5.9% CAGR, in terms of revenue, from 2019 to 2025."

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Statistic 7

"The food preservatives industry in Asia Pacific is projected to register a CAGR of 4.5% from 2020-2026."

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Statistic 8

"The meat, poultry, and seafood application segment held the largest share in the food preservatives market in 2019."

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Statistic 9

"The synthetic food preservatives segment accounted for a 57% market share in terms of revenue in 2018."

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Statistic 10

"The global demand for sorbic acid as a food preservative is expected to increase by 4.8% from 2018 to 2025."

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Statistic 11

"The Middle East & Africa region is the smallest market for food preservatives, representing only 5.1% of the global sector in 2018."

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Statistic 12

"The global food preservatives market is expected to be driven by rising demand for packaged and convenience foods."

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Statistic 13

"Europe is expected to show high demand for natural preservatives due to growing interest in clean-label products."

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Statistic 14

"The bakery & confectionery segment is expected to register the fastest CAGR of 4.2% in the global food preservatives market from 2019 to 2025."

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Statistic 15

"The number of patents for food preservatives has increased by 300% over the past decade."

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Statistic 16

"The global organic preservatives market is expected to reach $216 million by 2025."

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Statistic 17

"The Middle East & Africa region will witness a CAGR of 4.7% in the global food preservatives industry during 2019-2026."

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Statistic 18

"Synthetic food preservatives contribute to around two-thirds of the total market share by product type."

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Statistic 19

"The natural segment in the global food preservatives market is anticipated to grow considerably in the future due to increasing health concerns and demand for organic food."

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Statistic 20

"The key players in the food preservatives market include Akzo Nobel N.V., Danisco A/S, Cargill Incorporated, and Univar Inc."

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Interpretation

Overall, the global food preservatives market is experiencing steady growth, driven by increasing demand for packaged and convenience foods, as well as rising health concerns and interest in organic and clean-label products. Natural food preservatives are gaining traction, with projections showing significant growth in various regions such as North America, Europe, and Asia Pacific. The market is also witnessing innovation, as evidenced by the surge in patents for food preservatives. Key players in the industry like Akzo Nobel N.V., Danisco A/S, Cargill Incorporated, and Univar Inc. are likely to continue playing a significant role in shaping the future of the food preservatives market.

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