China Food Preservatives Market Size & Outlook, 2023-2030
China food preservatives market, 2016-2030 (US$M)
Related Markets
China food preservatives market highlights
- The China food preservatives market generated a revenue of USD 383.7 million in 2023 and is expected to reach USD 595.0 million by 2030.
- The China market is expected to grow at a CAGR of 6.5% 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 383.7 million |
| Market revenue in 2030 | USD 595.0 million |
| Growth rate | 6.5% (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, China accounted for 12.9% 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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China 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 75.16% in 2023. Horizon Databook has segmented the China food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
China is the largest food and retail sector in the world and is characterized by unorganized sector and fragmented distribution infrastructure. However, food & beverage sector in China provides opportunities for growth owing to the improving infrastructure and increase in consumer expenditure on food.
Food products such as alcoholic and non-alcoholic beverages, frozen foods, confectionery products, snacks, and dairy products are among those food products whose demand is increasing.
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Target buyers of China food preservatives market databook
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Our clientele includes a mix of food preservatives market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China food preservatives market , including forecasts for subscribers. This country databook contains high-level insights into China food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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China food preservatives market size, by label, 2016-2030 (US$M)
China Food Preservatives Market Outlook Share, 2023 & 2030 (US$M)
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