Italy Food Preservatives Market - Growth, Trends, and Forecast (2020 - 2025)

The Italy Food Preservatives Market is segmented by Type (Natural and Synthetic) and Application (Beverage, Dairy and Frozen Products, Bakery, Meat, Poultry, and Seafood, Confectionery, and Other Applications).

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

2.35 %

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Market Overview

The Italian food preservatives market is projected to register a CAGR of 2.35% during the forecast period (2020 - 2025).

  • The preservatives market is largely driven by the demand for convenience and packaged foods by the burgeoning population and rising urbanization rates. However, the major constraint is the increased awareness about the ill effects of synthetic ingredients and growing consumer demand for fresh and natural foods.
  • Companies are seeing this as an opportunity to innovate and provide solutions in the form of natural and functional ingredients, in order to cater to the growing demand for preservatives.

Scope of the report

The Italian food preservatives market is segmented by type and application. Based on type, the market is segmented into natural and synthetic. Based on the application, the market is segmented into beverage, dairy and frozen products, bakery, meat, poultry, and seafood, confectionery, and other applications.

By Type
Natural
Synthetic
By Application
Beverage
Dairy and Frozen Products
Bakery
Meat, Poultry, and Seafood
Confectionery
Other Applications

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Key Market Trends

Increase in Demand for Processed Foods

Antimicrobials function principally to prevent or inhibit the growth of microorganisms and, thus, prevent spoilage of food. Antimicrobial agents also include compounds, such as calcium propionate and sorbic acid, which are used in products, such as baked goods, salad dressings, cheeses, margarine, and pickled foods. Antimicrobials are also currently employed as preservatives within the food industry to extend product shelf-life, improve product safety, maintain product quality, reduce processing costs, and increase the ability to distribute products in complex supply chains. The large share of antimicrobials can be attributed to their wide use in many applications, such as dairy and frozen foods, snacks, and convenience foods, among others. Demand for processed foods is one of the drivers for the growth of this segment.

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The Bakery Segment Holds a Prominent Share

Changing consumer lifestyles toward healthy living is likely to stimulate the growth of bakery ingredients used in products, such as cakes, biscuits, bread, pastries, and morning goods, which is expected to drive the growth of bakery products in the Italian market. Bakery products are still undergoing development and innovation in terms of healthy ingredients to be included in them. There has been an increasing demand for specialty ingredients in bakery products in Italy.

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Competitive Landscape

The strategies used by companies are increasing R&D expenditure to innovate products under the natural preservatives segment to meet the increasing consumer preferences. Some of the major players in the Italian food preservatives market are ADM, Cargill Inc., Kerry Inc., Koninklijke DSM NV, Jungbunzlauer Suisse AG, Basel, and Corbion NV, among others.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Natural

      2. 5.1.2 Synthetic

    2. 5.2 By Application

      1. 5.2.1 Beverage

      2. 5.2.2 Dairy and Frozen Products

      3. 5.2.3 Bakery

      4. 5.2.4 Meat, Poultry, and Seafood

      5. 5.2.5 Confectionery

      6. 5.2.6 Other Applications

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Position Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 The Archer Daniels Midland Company

      2. 6.3.2 Cargill Inc.

      3. 6.3.3 Kerry Inc.

      4. 6.3.4 Koninklijke DSM NV

      5. 6.3.5 DuPont

      6. 6.3.6 Jungbunzlauer Suisse AG, Basel

      7. 6.3.7 Corbion NV

      8. 6.3.8 BASF SE

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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