U.S. Food Preservatives Market Size & Outlook, 2023-2030
U.S. food preservatives market, 2016-2030 (US$M)
Related Markets
U.S. food preservatives market highlights
- The U.S. food preservatives market generated a revenue of USD 706.7 million in 2023 and is expected to reach USD 917.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.8% 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 706.7 million |
| Market revenue in 2030 | USD 917.3 million |
| Growth rate | 3.8% (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, U.S. accounted for 23.7% 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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U.S. 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 58.16% in 2023. Horizon Databook has segmented the U.S. food preservatives market based on clean label, conventional covering the revenue growth of each sub-segment from 2016 to 2030.
The U.S. food industry is one of the largest in the world in terms of sales. The dynamics of the U.S. food industry is changing with the consumers demanding organic products and convenience food with better taste and less artificial preservatives.
Accurate labeling of the ingredients on the product is another trend prevailing in the market as knowledge of consumers about the adverse effects of chemical content in the food is growing.
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Target buyers of U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. food preservatives market , including forecasts for subscribers. This country databook contains high-level insights into U.S. food preservatives market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. food preservatives market size, by label, 2016-2030 (US$M)
U.S. Food Preservatives Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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