Market Snapshot
| Study Period: | 2016 - 2026 |
| Base Year: | 2020 |
| CAGR: | 4.76 % |
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Market Overview
China Food Preservatives Market is projected to witness a CAGR of 4.76% in the forecast period (2020-2025).
- Food preservatives are a growing segment in the food additives market as they are used to prevent spoilage and decomposition which takes place in food products due to microbial reactions. The Food preservatives market is expected to be the fastest in China, mainly attributed to China accounting for a major share in the food processing industry.
- Preservatives are used in foods such as oil & fat, bakery & Confectionary, Fruits and Vegetables, dairy & frozen products, meat, poultry & seafood, savory snacks, and beverages. The Asia Pacific is the second-largest market and the fastest-growing segment due to growing preference for packaged and processed foods.
Scope of the Report
China Food Preservatives Market by type and application. On the basis of type, the market is segmented into natural and synthetic. On the basis of application, the market is segmented into beverage, dairy & frozen product, bakery & confectionery, meat, poultry & seafood, sauces & salad mixes, and others.
| By Type | |
| Natural | |
| Synthetic |
| By Application | |
| Bakery & Confectionery | |
| Beverage | |
| Dairy & Frozen Product | |
| Meat, Poultry & Seafood | |
| Sauces and Salad Mixes | |
| Others |
Key Market Trends
Growing Demand for Processed Food
A quickly rising population and more noteworthy levels of urbanization, in China, have helped the interest for handled nourishment items along these lines, thus, driving the interest for sustenance fixings. Due to industrialization, a number of US firms established their subsidiaries, thus, increasing the global processed food consumption in developed markets. Asia-Pacific and other developing markets with changing lifestyles are driving the food processing industry. India and China are among the largest food processing countries in the world and their rising population is driving the need for food security, which is a major factor for processed & packaged food, and in turn, for the food preservatives players.
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Growing Demand for Organic Food
A growing number of consumers are increasingly becoming aware of artificial preservatives, and are avoiding age-old additives, like BHA and BHT, sorbates, benzoates, and other preservatives. The rising ageing population and calorie-conscious consumers are looking for healthy alternatives in the form of ‘organic food, thus, driving innovations. R&D is being undertaken, with new formulations coming up in categories, like preservatives, flavour enhancers, natural colour additives, and protein-based fat replacers, which enhance the organic food quality.
Competitive Landscape
The strategies used by companies is the increase in Research and Development expenditure to innovate products under the natural preservatives segment to meet the growing consumer preference. Some of the major key players in the china food preservatives market includes Cargill Inc, Kerry Group, Corbion Purac, Jungbunzlauer Ag, BASF SE, Archer Daniel Midland among others.
Major Players
Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Natural
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5.1.2 Synthetic
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5.2 By Application
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5.2.1 Bakery & Confectionery
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5.2.2 Beverage
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5.2.3 Dairy & Frozen Product
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5.2.4 Meat, Poultry & Seafood
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5.2.5 Sauces and Salad Mixes
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Position Analysis
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6.4 Company Profiles
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6.4.1 Cargill Inc
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6.4.2 Kerry Group
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6.4.3 Corbion Purac
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6.4.4 Koninklijke DSM N.V.
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6.4.5 Jungbunzlauer Ag
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6.4.6 BASF SE
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6.4.7 Akzo Nobel
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6.4.8 Archer Daniel Midland
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The China Food Preservatives Market market is studied from 2016 - 2026.
What is the growth rate of China Food Preservatives Market?
The China Food Preservatives Market is growing at a CAGR of 4.76% over the next 5 years.
Who are the key players in China Food Preservatives Market?
Cargill Inc, Kerry Group, Corbion Purac, Royal DSM, Jungbunzlauer Ag are the major companies operating in China Food Preservatives Market.
