Europe Food Preservatives Market Size & Outlook, 2023-2030
Europe food preservatives market, 2016-2030 (US$M)
Related Markets
Europe food preservatives market highlights
- The Europe food preservatives market generated a revenue of USD 505.9 million in 2023.
- The market is expected to grow at a CAGR of 3.5% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 505.9 million |
| Market revenue in 2030 | USD 643.8 million |
| Growth rate | 3.5% (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 |
| 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, Europe region accounted for 17.0% of the global food preservatives market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,400.7 million by 2030.
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Food Preservatives Market Scope
Food Preservatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 65.03% in 2023. Horizon Databook has segmented the Europe food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
Food & beverage industry is the largest contributor of food preservatives market in Europe. The top three countries dominating the European food & beverage industry are Germany, France, and the UK. Spain, the Netherlands, and Poland also contribute a significant portion in terms of turnover.
Food & beverage industry in Europe is driven by the innovation in dairy products, biscuits, soft drinks, ready-made meals, chocolate products, cheese, frozen foods, and condiments. Lithuania, Romania, Estonia, Latvia, Bulgaria, Poland, and Hungary are among the countries that have higher consumer expenditure on food.
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Target buyers of Europe 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 continent-level data and insights on the Europe food preservatives market , including forecasts for subscribers. This continent databook contains high-level insights into Europe food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Europe food preservatives market size, by country, 2016-2030 (US$M)
Europe Food Preservatives Market Outlook Share, 2023 & 2030 (US$M)
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