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Food Preservatives Market Share

Report ID: GMI6101
Published Date: Jun 2023
Report Format: PDF

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Food Preservatives Market Share

Some of the major food preservatives market players operating in the landscape are

Kerry Group Plc
Cargill Incorporated
Corbion N.V
DuPont de Nemours, Inc.
Archer Daniels Midland Company
BASF SE
Kemin Industries, Inc.
Koninklijke DSM
Galactic S.A.

These players focus on strategic partnerships and new product launches & commercialization for business expansion. Furthermore, they heavily invest in research to launch advanced products and gain maximum revenue in the industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of food preservatives was worth USD 3.3 billion in 2023 and is projected to witness 4.5% CAGR during 2024 to 2032, driven by the growing consumer awareness about food safety and the importance of reducing food wastage worldwide.

Synthetic food preservatives industry generated USD 1.2 billion in revenue in 2022 and is set to witness huge demand through 2032 owing to their efficiency, stability, and relatively lower cost.

U.S. food preservative industry amassed USD 1.8 billion in revenue in 2022 and is poised to expand at a rapid pace from 2023 – 2032 attributed to the rising consumer demand for convenience foods, including ready-to-eat meals and snacks.

Kerry Group Plc, Cargill Incorporated, Corbion N.V, DuPont de Nemours, Inc., Archer Daniels Midland Company, BASF SE, Kemin Industries, Inc., Koninklijke DSM, and Galactic S.A are some of the leading firms in the industry’s competitive landscape.