Allied Market Research_Logo

Global natural food preservatives industry generated $796.1 million in 2018, and is expected to reach $1.06 billion by 2026, portraying a CAGR of 3.7%

PORTLAND, OREGON, UNITED STATES, February 28, 2023 /EINPresswire.com/ -- Changes in consumer preferences regarding food & beverages and rise in demand for convenience products leading to surge in the demand for foods with longer shelf life drive the growth in the global natural food preservatives market

Chief reasons for market fluctuations

Changes in consumer preferences regarding food & beverages and rise in demand for convenience products leading to surge in the demand for foods with longer shelf life drive the growth in the global natural food preservatives market. However, surge in demand for organic food products that contain no preservatives hinders the market growth. On the other hand, rise in ready-to-eat food product consumption creates enormous opportunities in the industry.

Request The Free Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/5609

Leading market players

Koninklijke DSM N.V.
Cargill, Inc.
Kemin Industries, Inc.
Archer Daniels Midland Company
Tate & Lyle PLC.
BASF SE
Corbion NV
Galactic SA
Biosecur Lab (Foodguard)
ITA 3 S.r.l.

Salt segment to maintain lead position during the forecast period

Based on type, the salt segment contributed for the largest market share in the global natural food preservatives market in 2018, contributing for nearly one-fourth of the total share in terms of revenue, and is estimated to maintain its lead position during the forecast period. This is attributed to its ability to preserve food by dehydration and prevention of bacterial growth, kill microbes with osmolarity, and surge in household and commercial applications. On the other hand, the citric acid segment is expected to register the fastest rate with a CAGR of 4.8% from 2019 to 2026, owing to increase in its usage to enhance shelf life.

Buy This Report (263 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/0246fa3ca7b82b50932f3ec98ac2484a

Antimicrobial segment to present lucrative opportunities

Based on function, the antimicrobial segment held nearly three-fifths of the total share of the global natural food preservatives market in 2018, and will continue to dominate during the forecast period. Moreover, this segment is estimated to register the fastest CAGR of 4.1% from 2019 to 2026. This is due to increased consumption of packaged food as they contain antimicrobial preservative to enhance shelf life. The research also analyzes antioxidants and others.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/5609

North America to continue its dominance throughout the forecast period

North America held the dominant share, accounting for nearly one-third of the total market share of the global natural food preservatives market in 2018, and will continue its dominance throughout the forecast period. This is due to rise in demand for natural food products and surge in incidence of diseases caused by synthetic ingredients in food that led to adoption for natural ingredients. On the other hand, Europe is expected to grow at the highest growth rate, with a CAGR of 4.1% from 2019 to 2026, owing to changes in lifestyle preferences and rise in adoption of clean label ingredients in food products.

Similar Reports:

Malted Milk Market: https://www.alliedmarketresearch.com/malted-milk-market

Encapsulated Food Market: https://www.alliedmarketresearch.com/encapsulated-food-market

Pretzel Market: https://www.alliedmarketresearch.com/pretzel-market

Greenhouse Produce Market: https://www.alliedmarketresearch.com/greenhouse-produce-market

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Analytics LLP
+ +1 503-894-6022
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn