Global Food Preservatives Market Size & Outlook, 2023-2030
Global food preservatives market, 2016-2030 (US$M)
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Global food preservatives market highlights
- The global food preservatives market generated a revenue of USD 2,977.9 million in 2023 and is expected to reach USD 4,158.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
- In terms of segment, conventional accounted for a revenue of USD 2,021.3 million in 2023.
- Clean Label is the most lucrative label segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,977.9 million |
| Market revenue in 2030 | USD 4,158.9 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Clean Label |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clean Label, Conventional |
Other key industry trends
- In terms of revenue, the North America accounted for 32.5% of the global food preservatives market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 99.2 million by 2030.
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Food Preservatives Market Scope
Food Preservatives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global food preservatives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food preservatives market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 67.88% in 2023. Horizon Databook has segmented the Global food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
- Global Food Preservatives Label Outlook (Revenue, USD Million, 2016-2030)
- Clean Label
- Conventional
- Global Food Preservatives Type Outlook (Revenue, USD Million, 2016-2030)
- Natural
- Edible Oil
- Rosemary Extracts
- Natamycin
- Vinegar
- Chitosan
- Others
- Synthetic
- Propionates
- Sorbates
- Benzoates
- Others
- Natural
- Global Food Preservatives Function Outlook (Revenue, USD Million, 2016-2030)
- Anti-microbial
- Anti-oxidant
- Others
- Global Food Preservatives Application Outlook (Revenue, USD Million, 2016-2030)
- Meat & Poultry Products
- Bakery Products
- Dairy Products
- Beverages
- Snacks
- Others
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Our clientele includes a mix of food preservatives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global food preservatives market , including forecasts for subscribers. This global databook contains high-level insights into Global food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Global food preservatives market size, by regions, 2016-2030 (US$M)
Top 10 countries: Food preservatives market size, 2023 (US$M)
Global food preservatives market share, by label, 2023 & 2030 (%, US$M)
Food preservatives market: Opportunity assessment by country
Global food preservatives market, by region, 2023 (US$M)
| Label | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 806.3 | 825.0 | 844.9 | 866.9 | 885.0 | 910.9 | 937.9 | 967.2 | 999.1 | 1,034.0 | 1,072.5 | 1,115.0 | 1,161.9 | 1,213.9 | 1,271.5 | 4.0% |
| Europe | 428.4 | 437.5 | 447.1 | 457.9 | 466.4 | 479.0 | 492.1 | 505.9 | 520.9 | 537.2 | 554.8 | 574.1 | 595.3 | 618.4 | 643.9 | 3.5% |
| Asia Pacific | 650.0 | 677.3 | 706.4 | 738.0 | 767.7 | 806.1 | 847.3 | 892.9 | 943.6 | 999.9 | 1,062.8 | 1,133.1 | 1,212.0 | 1,300.7 | 1,400.7 | 6.6% |
| Latin America | 285.8 | 295.0 | 304.9 | 315.6 | 325.1 | 337.7 | 350.9 | 365.2 | 380.8 | 397.9 | 416.5 | 436.8 | 459.2 | 483.7 | 510.7 | 4.9% |
| MEA | 205.8 | 210.3 | 215.2 | 220.6 | 225.1 | 231.7 | 238.8 | 246.7 | 255.4 | 265.0 | 275.8 | 287.7 | 301.0 | 315.7 | 332.2 | 4.3% |
| Overall | 2,376.3 | 2,445.1 | 2,518.5 | 2,599.1 | 2,669.3 | 2,765.4 | 2,867.0 | 2,978.0 | 3,099.8 | 3,234.0 | 3,382.4 | 3,546.8 | 3,729.3 | 3,932.4 | 4,158.9 | 4.9% |
Related regional statistics
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