Australia Food Preservatives Market Size & Outlook
Australia food preservatives market, 2016-2030 (US$M)
Related Markets
Australia food preservatives market highlights
- The Australia food preservatives market generated a revenue of USD 102.0 million in 2023 and is expected to reach USD 161.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, conventional was the largest revenue generating label in 2023.
- Clean Label is the most lucrative label segment registering the fastest growth during the forecast period.
Food preservatives market data book summary
| Market revenue in 2023 | USD 102.0 million |
| Market revenue in 2030 | USD 161.6 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Clean Label |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clean Label, Conventional |
| Key market players worldwide | Cargill, Kemin Industries, Archer-Daniels Midland Co, Tate & Lyle PLC, Koninklijke DSM NV, Basf SE, Celanese Corp Class A, Corbion NV, Kerry Group PLC Class A |
Other key industry trends
- In terms of revenue, Australia accounted for 3.4% of the global food preservatives market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China food preservatives market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 381.3 million by 2030.
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Food Preservatives Market Scope
Food Preservatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 64.22% in 2023. Horizon Databook has segmented the Australia food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
Australia exports various foods including bakery products, fruits & vegetables, dairy, seafood, and meat as well as beverages such as soft drinks to Asian countries. Australian food processors and producers are globally recognized, and the industry is supported by quality policy measures framed by various organizations such as Food Standards Australia New Zealand (FSANZ) and Department of Agriculture, Fisheries and Forestry (DAFF).
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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 country-level data and insights on the Australia food preservatives market , including forecasts for subscribers. This country databook contains high-level insights into Australia food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Australia food preservatives market size, by label, 2016-2030 (US$M)
Australia Food Preservatives Market Outlook Share, 2023 & 2030 (US$M)
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