US Food Preservatives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.52 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
US Food Preservatives Market Analysis
The United States food preservatives market is projected to grow at a CAGR of 3.52% during the forecast period (2020 - 2025).
- The market studied is witnessing a significant revenue growth over the forecast period, owing to the rising demand for convenient food coupled with the popularity of clean label food products among consumers.
- However, the beverage industry majorly contributes to the upsurge of the global food preservatives market. To escalate the product portfolio and fulfill the demand for a natural products, beverage manufacturers are incorporating natural preservatives, which is an important milestone for the beverage industry. For instance, LANXESS, a specialty chemicals company launched Nagardo natural preservative derived from 'natural guardian'. The preservative was approved by the Food and Drug Administration (FDA) for use in beverages.
US Food Preservatives Market Trends
This section covers the major market trends shaping the US Food Preservatives Market according to our research experts:
Natural Food Preservatives to Represent Tremendous Growth
Preservatives slow down product spoilage caused by mold, air, bacteria, fungi, or yeast. In addition to maintaining the quality of the food, they help control contamination that can cause foodborne illness, including life-threatening botulism. Artificial preservatives, such as sodium nitrate, sodium benzoate, and propionate, have long been the norm in the food industry due to their low cost and effectiveness even in small amounts. However, consumers across the United States are removing artificial preservatives from their diets, due to increasing incidents related to the allergic reaction caused by consuming food products with artificial preservatives.
Due to this reason, an increasing number of ingredient manufacturers are bringing preservatives of natural origin into the market. In this regard, in 2017, Arjuna Natural Extracts, which is a leading manufacturer of botanical extracts for the nutraceutical and pharmaceutical industry, expanded its operation opened a new sales office in the United States by launching a line of clean label preservatives. High consumer demand for 'free from artificial ingredients' is contributing to the market growth of natural preservatives in the country.
Increasing Application of Food Preservatives In Meat and Meat Products
Microbial contamination is the principal cause for product recall, occurring most frequently in meat products, with contamination by Listeria monocytogenes reported as the most common causal organism. Therefore natural preservatives like Nissi and natamycin are permitted as a food preservative in more than 70 countries, mainly for processed meat products.
Further, the meat and meat products segment is one of the largest segments for the use of antimicrobial preservatives. Demand for natural preservatives is rising among producers. Thus, owing to the rising demand, companies like Galactic, offer natural antimicrobials, like nisin, which is used for exclusive use in the meat industry. Nisin inhibits pathogenic foodborne bacteria, such as Listeria monocytogenes and many other gram-positive food spoilage microorganisms present in meat products.
US Food Preservatives Industry Overview
In the United States food preservatives market, companies are not only competing on the basis of product quality and promotion but are also focused on strategic initiatives, in order to account for prominent market shares. In addition, the leading companies, such as Cargill Incorporated, Kerry Group, and DuPont are heavily investing in the development of new products and are collaborating and acquiring other companies. This is expected to increase its market shares while strengthening R&D activities.
US Food Preservatives Market Leaders
BASF SE
DuPont de Nemours, Inc
Chr. Hansen A/S
Koninklijke DSM N.V
Corbion N.V.
*Disclaimer: Major Players sorted in no particular order
US Food Preservatives Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Assumptions and Market Definition
-
1.2 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Drivers
-
4.2 Market Restraints
-
4.3 Porters Five Forces Analysis
-
4.3.1 Threat of New Entrants
-
4.3.2 Bargaining Power of Buyers/Consumers
-
4.3.3 Bargaining Power of Suppliers
-
4.3.4 Threat of Substitute Products
-
4.3.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 Type
-
5.1.1 Natural
-
5.1.2 Synthetic
-
-
5.2 Application
-
5.2.1 Bakery
-
5.2.2 Dairy
-
5.2.3 Confectionery
-
5.2.4 Meat and Meat Products
-
5.2.5 Beverages
-
5.2.6 Others
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Market Position Analysis
-
6.2 Most Adopted Strategy
-
6.3 Company Profiles
-
6.3.1 The Archer Daniels Midland Company
-
6.3.2 Chr. Hansen A/S
-
6.3.3 Koninklijke DSM N.V.
-
6.3.4 Jungbunzlauer Suisse AG
-
6.3.5 Kerry Group plc.
-
6.3.6 Corbion NV
-
6.3.7 BASF SE
-
6.3.8 DuPont de Nemours, Inc.
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
US Food Preservatives Industry Segmentation
The United States food preservatives market is segmented on the basis of type into, natural and synthetic. By application, the United States food preservatives market is segmented into bakery, dairy, meat and meat products, confectionery, beverages, and others.
| Type | |
| Natural | |
| Synthetic |
| Application | |
| Bakery | |
| Dairy | |
| Confectionery | |
| Meat and Meat Products | |
| Beverages | |
| Others |
US Food Preservatives Market Research FAQs
What is the current United States Food Preservatives Market size?
The United States Food Preservatives Market is projected to register a CAGR of 3.52% during the forecast period (2024-2029)
Who are the key players in United States Food Preservatives Market?
BASF SE, DuPont de Nemours, Inc, Chr. Hansen A/S, Koninklijke DSM N.V and Corbion N.V. are the major companies operating in the United States Food Preservatives Market.
What years does this United States Food Preservatives Market cover?
The report covers the United States Food Preservatives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Food Preservatives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
United States Food Preservatives Industry Report
Statistics for the 2024 United States Food Preservatives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United States Food Preservatives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
