The global preservative market was estimated to be $2552.4 million in 2016, growing at 2.5% CAGR. North America is the largest market, followed by Asia-Pacific. Emerging markets like China and India are driving Asia-Pacific's high growth. The food preservatives market in North America and Asia-Pacific contributes nearly 70%. Continuous demand for extended shelf life and convenience foods supports market growth.
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Global food preservatives
1.
2. The global preservative market by 2016 is estimated to be at $2552.4 million
growing at a CAGR of 2.5%.
North America stands the largest market followed by Asia-Pacific with a
considerable market share.
The emerging markets within Asia-Pacific such as China and India drive the high
growth rate.
The growth of 2.2% in Europe is dependent heavily on the natural preservatives.
North America and Asia-Pacific together contribute close to 70% in the global
food preservatives market.
4. Continuous demand from food products with extended shelf life
Increased production of processed and convenience foods
Increasing consumer orientation towards convenience foods
Increasing demand for natural and organic foods
Limited sources and high costs of natural preservatives
Increasing trend towards preservative substitute
12. Ajinomoto Co. Inc. (Japan)
Ashland Aqualon Functional Ingredients (USA)
Archer Daniels Midland Company (USA)
Associated British Foods Plc. (UK)
ABF Ingredients Ltd. (UK)
ACH Food Companies, Inc. (USA)
PGP International, Inc. (USA)
AVEBE U.A. (The Netherlands)
BASF SE (Germany)
Cargill, Inc. (USA)
Chr. Hansen A/S (Denmark)
Corn Products International Inc. (USA)
CP Kelco U.S. Inc. (USA)
Danisco A/S (Denmark)
Royal DSM N.V. (The Netherlands)
Edlong Flavors (USA)
Firmenich (Switzerland)
FMC Biopolymer (USA)
GELITA (Germany)
Givaudan SA (Switzerland)
Griffith Laboratories (USA)
13. International Flavors & Fragrances Inc. (USA)
Jungbunzlaue AG (Switzerland)
Kalsec, Inc. (USA)
Kraft Food Ingredients Corporation (USA)
Kraft Food Ingredients’ Product Portfolio
Land O'Lakes, Inc. (USA)
McCormick & Company, Inc. (USA)
Novozymes A/S (Denmark)
NutraSweet Company (USA)
Nutrinova Nutrition Specialties & Food Ingredients GmbH (Germany)
Purac America Inc. (USA)
Red Arrow Products Company LLC (USA)
Rudolf Wild GmbH & CO. KG (Germany)
Sensient Technologies Corporation (USA)
Sethness Caramel Color (USA)
Symrise GmbH & Co. KG (Germany)
Takasago International Corporation (Japan)
Tate & Lyle PLC (UK)
TIC Gums Inc. (USA)
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