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Natural Food Preservatives Market Size

  • Report ID: GMI7078
  • Published Date: Oct 2023
  • Report Format: PDF

Natural Food Preservatives Market Size

Natural Food Preservatives Market size was valued at USD 898.45 million in 2022 and is estimated to grow at 4.5% CAGR from 2023 to 2032. The rising consumer awareness of the health issues associated with synthetic preservatives has considerably fueled revenue growth in the market. Natural food preservatives are in high demand as customers grow more health-conscious and seek clean label products.

 

Natural Food Preservatives Market

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The negative connotations associated with synthetic chemicals, such as allergies and potential long-term health impacts, have resulted in a desire for natural alternatives. This growing awareness of health hazards is influencing consumer preferences as well as industry trends, with food producers increasingly turning to natural preservatives to suit the rising need for safer and healthier food options.

 

One of the major issues hindering the growth of the natural food preservatives market is high production costs. Natural preservatives are sometimes more expensive to manufacture than synthetic preservatives. This is because natural food preservatives are derived from renewable resources, which are frequently more expensive than the petrochemicals used to produce synthetic preservatives. Furthermore, extensive quality control and testing methods are necessary to verify the safety and efficiency of these natural preservatives, raising production costs.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of the natural food preservatives reached USD 898.45 million in 2022 and is poised to surpass USD 1.39 billion by 2032, owing to the rising consumer awareness of the health issues associated with synthetic preservatives.

Natural food preservatives industry from the liquid form segment recorded USD 402.6 million in 2022, owing to their growing incorporation in culinary goods, such as marinades, sauces, and dressings.

Asia Pacific market size was valued at USD 315 million in 2022, due to the robust expansion of the food service sector in the region.

Some of the leading market players are Cargill, Inc., Archer Daniels Midland Company (ADM), Kemin Industries, Corbion, Tate & Lyle PLC, Naturex (Givaudan), Kerry Group, and Royal DSM.

Natural Food Preservatives Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 293
  • Countries covered: 17
  • Pages: 180
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