Organic Food Preservatives Market is Expected to Witness Healthy Growth at 7% CAGR through 2031

Increased demand for convenience items and a growing emphasis on organic foods has resulted in a growing preference for foods with longer shelf life, resulting in an increase in demand for natural food preservatives across the board.

According to a new projection from Fact.MR, a market research and competitive intelligence firm, natural food preservatives revenues would nearly double by 2031, reaching approximately US$ 800 million, with a 10-year compound annual growth rate (CAGR) of more than 7%.
Consumers’ eating habits have changed as a result of their fast-paced lifestyles and easy access to fast food. They increasingly choose to consume ready-to-eat and packaged food products. To stay fresh for a long period without spoiling, processed food and beverage goods require proper preservation using viable procedures and safe components.

Key Segments Covered

• Type

  • Salt-based Natural Food Preservatives
  • Sugar-based Natural Food Preservatives
  • Oil-based Natural Food Preservatives
  • Honey-based Natural Food Preservatives
  • Citric Acid-based Natural Food Preservatives
  • Vinegar-based Natural Food Preservatives
  • Other Natural Food Preservatives

• Function

  • Antimicrobial Natural Food Preservatives
  • Antioxidants Natural Food Preservatives
  • Natural Food Preservatives for Other Functions

• Application

  • Natural Food Preservatives for Sea Food
  • Natural Food Preservatives for Meat & Poultry
  • Natural Food Preservatives for Bakery Products
  • Natural Food Preservatives for Dairy Products
  • Natural Food Preservatives for Snacks
  • Natural Food Preservatives for Beverages
  • Natural Food Preservatives for Fruits & Vegetables
  • Natural Food Preservatives for Other Applications

Competitive Environment

Leading companies are embracing cutting-edge marketing strategies, technical advancements in cancer detection, and mergers and acquisitions.

IFF, a major player, finalised its merger with DuPont’s nutrition and biosciences division in February 2021. IFF will continue to be the name of the amalgamated company.
Chr. Hansen Holding A/S purchased Jennewein Biotechnologie GmbH in September 2021 to join the market for high-growth human milk oligosaccharides. Until 2025, the business expects to invest more than EUR 200 million in production assets, including a brownfield factory, to increase HMO capacity and meet predicted demand.

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