Canada Food Preservatives Market Size & Outlook, 2023-2030
Canada food preservatives market, 2016-2030 (US$M)
Related Markets
Canada food preservatives market highlights
- The Canada food preservatives market generated a revenue of USD 149.9 million in 2023 and is expected to reach USD 197.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 4% 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 149.9 million |
| Market revenue in 2030 | USD 197.3 million |
| Growth rate | 4% (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, Canada accounted for 5.0% 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 North America, U.S. food preservatives market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 156.9 million by 2030.
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Food Preservatives Market Scope
Food Preservatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 60.44% in 2023. Horizon Databook has segmented the Canada food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
The food and beverage industry in Canada is the second largest in terms of production and exports. The growth of Canada food & beverage industry is driven by exports. The exports of processed foods are registering an increase and they are exported to approximately 190 countries. The U.S., followed by China, Japan, Russia, South Korea, and Mexico are the six major destinations where Canada exports food.
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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 Canada food preservatives market , including forecasts for subscribers. This country databook contains high-level insights into Canada food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Canada food preservatives market size, by label, 2016-2030 (US$M)
Canada Food Preservatives Market Outlook Share, 2023 & 2030 (US$M)
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