Market revenue in 2023 | USD 246.7 million |
Market revenue in 2030 | USD 332.2 million |
Growth rate | 4.3% (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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 77.62% in 2023. Horizon Databook has segmented the Middle East & Africa food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
The growth of food preservatives market in Middle East & Africa is driven by the growth of food & beverage industry in South Africa, Saudi Arabia, and the UAE. Technological advancements in food & beverage industry and increasing consumer expenditure in the country is expected to drive the food preservatives market in the Middle East & Africa.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa food preservatives market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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