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2019
Natural Food Preservatives Market

Natural Food Preservatives Market

by Product Type (Salt, Sugar, Oil, Honey, Citric Acid, Vinegar, and Others), Function (Antimicrobial, Antioxidants, and Others), and Application (Sea Food, Meat & Poultry, Bakery Products, Dairy Products, Snacks, Beverages, Fruits & Vegetables, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
Update Available On-Demand

Report Code: A05244
Pages: 240
Aug 2019 | 10204 Views
Author(s) : Sumesh K , Roshan D
Tables: 139
Charts: 66
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Natural Food Preservatives Market Outlook - 2026

The natural food preservatives market was valued at $796.1 million in 2018 and is projected to reach $1,068.1 million by 2026, growing at a CAGR of 3.7% from 2019 to 2026. North America is one of the prominent regions in the natural food preservatives market that accounted for approximately two-fifth of the total natural food preservatives market share in 2018. Natural preservatives are naturally derived additives used in a wide range of products, such as snacks, bakery, confectionery, meat, seafood, poultry, and others to preserve natural characteristics of food and increase the shelf life of food products for storage. In addition, natural food preservatives are used to avoid spoilage during transportation. Traditional natural ways of preservation include freezing, boiling, smoking, pasteurizing, pickling, and others. Sugar and salt are the earliest natural ways of food preservation that efficiently reduce the growth of bacteria in food. 

The natural food preservatives market is driven by changing consumer preferences toward food and beverages. Increase in demand for convenience products has led to increase in the demand for foods with longer shelf life, thus increasing the natural food preservatives market demand. Rise in consumption of ready-to-eat food products also driven the consumption of natural food preservatives in the recent past. Increase in demand for organic food products restrains the natural food preservatives market growth as they often do not contain any preservatives.

Natural Food Preservatives Market

The report segments the global food preservatives market on the basis of type, function, application, and region. By type, it is divided into salt, sugar, oil, honey, citric acid, vinegar and others. The others segment includes plant extracts and fruit extracts. By function, the natural food preservatives market is segmented into antimicrobial, antioxidants, and others. On the basis of application, the market is split into sea food, meat & poultry, bakery products, dairy products, snacks, beverages, fruits & vegetables, and others. The others segment is further divided into sauces, dressings, condiments, confectionery, and savory.

Natural Food Preservatives Market by Product Type

In 2018, on the basis of type, the salt segment was the highest contributor to the natural food preservatives market. This was attributed to salt being easily available, cheap, and one of earliest forms of food preservation used throughout the world. However, the citric acid segment is expected to grow at the fastest CAGR of 4.8% during the forecast period reaching $110.6 million by 2026. Citric acid is found naturally in citrus fruits. It is widely used in carbonated drinks and as an acidifier in foods. The market of aerated drinks is growing exponentially, therefore, the market for citric acid is also expected to grow at a substantial rate.

Natural Food Preservatives Market by Function

In 2018, based on the natural food preservatives market analysis, the antimicrobial segment accounted for a maximum share in the global market in 2018 and is expected to remain dominant during the forecast period. This was attributed to it being highly applicable in the food and beverage industry.  However, the antioxidants segment is expected to experience rapid growth with a CAGR of 3.5% from 2019 to 2026. The growth can be attributed to the beneficial effects of antioxidants on the human body.

Natural Food Preservatives Market by Region

By region, the natural food preservatives market forecast an increase in demand for natural food preservation equipment in Asia-Pacific and LAMEA is expected in the near future, owing to rapid adoption of convenience and packaged food in these regions. North America accounted for approximately two-fifth of the total share of the total natural food preservatives market in 2018 and is expected to remain dominant during the forecast period. Rise in consumption of ready-to-eat food products as well as increase in consumption of healthy food, especially with clean label ingredients, are the major drivers expected to fuel the natural food preservatives market growth.

Players in the natural food preservatives industry have adopted product launch as their key strategy to increase their market share and to remain competitive in the market. The leading players in the market have also focused on partnership and acquisition as a key strategy to gain significant market share globally. The key players profiled in the report include, Koninklijke DSM N.V., Cargill, Inc, Kemin Industries, Inc., Archer Daniels Midland Company, Tate & Lyle PLC., BASF SE, Corbion NV, Galactic SA, Biosecur Lab (Foodguard), and ITA 3 S.r.l.

Key Benefits for Natural Food Preservatives Market:

  • The report provides a quantitative analysis of the current natural food preservatives market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing natural food preservatives market opportunities.
  • The key countries in all the major regions are mapped on the basis of their market share.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the natural food preservatives market size and segmentation assists in determining the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global natural food preservatives market. 
  • Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the natural food preservatives industry. 

Natural Food Preservatives Market Report Highlights

Aspects Details
By Type
  • Salt
  • Sugar
  • Oil
  • Honey
  • Citric Acid
  • Vinegar
  • Others
By Function
  • Antimicrobial
  • Antioxidants
  • Others
By Application
  • Sea Food, Meat & Poultry
  • Bakery
  • Dairy
  • Snacks
  • Beverages
  • Fruits and Vegetables
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, UAE, Saudi Arabia, Rest of LAMEA)
Key Market Players Koninklijke DSM N.V., Cargill, Inc, Kemin Industries, Inc., Archer Daniels Midland Company, Tate & Lyle PLC. (Tate & Lyle), BASF SE (BASF), Corbion NV, GALACTIC SA, BIOSECUR LAB (Foodguard), ITA 3 S.r.l.
 

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The natural food preservatives market has a substantial scope for growth. Its contribution to the global market is expected to increase steadily in the next few years, eventually attaining maturity in the developed regions.

The global natural food preservatives market is witnessing a moderate growth rate. It is expected to be driven by rise in demand for clean label products among consumers. Moreover, rapid growth in the organized retail sector along with growing demand for convenience food and packaged health food has also contributed to the growth of market.

North America is anticipated to account for the maximum share in the global natural food preservatives market, owing to higher adoption of healthy food due to increase in awareness about harmful effects of synthetic food preservatives.

However, rise in popularity of foods with zero preservatives is expected to restraint the growth of the market.

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