North America Food Preservatives Market Size & Outlook
North America food preservatives market, 2016-2030 (US$M)
Related Markets
North America food preservatives market highlights
- The North America food preservatives market generated a revenue of USD 967.2 million in 2023.
- The 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 967.2 million |
| Market revenue in 2030 | USD 1,271.5 million |
| Growth rate | 4% (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, North America region accounted for 32.5% 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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North America 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 58.62% in 2023. Horizon Databook has segmented the North America food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
North America is the largest market for food preservatives, in terms of market share, and is expected to continue its dominance over the forecast years. The demand in North America food preservatives market is driven by the phenomenal growth in meat, poultry & seafood products industries in the U.S. and the snack and beverage industries in Canada and Mexico, respectively.
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Target buyers of North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America food preservatives market , including forecasts for subscribers. This continent databook contains high-level insights into North America food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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North America food preservatives market size, by country, 2016-2030 (US$M)
North America Food Preservatives Market Outlook Share, 2023 & 2030 (US$M)
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