Preservatives Market -Analysis of Prevailing Trends In The Parent Market 2026

Preservatives Market -Analysis of Prevailing Trends In
The Parent Market 2026
Preservatives are substances or chemicals added to drugs, food, beverages, paints, cosmetics,
and wood, in order to prevent microbial growth and undesirable changes in terms of both,
physical and chemical properties. Preservatives are of two kinds, namely natural and
synthetic, both of which are used to enhance the quality of the end product. Natural
preservatives such as antioxidants, vitamin E, rosemary extracts, and seed extracts are readily
available in nature and often obtained from plant sources. Synthetic preservatives such as
benzoic acid, sodium nitrite, sulfur dioxide, and potassium sorbate, are chemical components
processed and added to the end product.
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On the basis of function, the preservatives market is categorized into antimicrobial and
antioxidants. Preservatives that are added to end products to arrest growth of microorganisms
are called antimicrobial preservatives. Some of the common antimicrobial agents that are
used as preservatives are benzoic acid, lactic acid, nitrate, nitrite, propionic acid and sulfites.
Preservatives that are used to inhibit oxidation process, especially in stored food items are
called antioxidants.
Preservatives Market Outlook – Growing Demand for Processed Food Is Fueling
Market Growth
Rising demand for processed food due to busy lifestyle and increasing number of women in
the workforce is projected to drive growth of the preservatives market, over the forecast
period (2016–2024). In addition growing retail industry in emerging economies and
popularity of processed food among the younger generation is also boosting growth of the
market for processed food, which in turn is projected to drive market growth. According to a
study conducted by Coherent Market Insights, the market for processed food is projected to
reach US$ 88.2 billion by 2024. The rampant growth of the market for processed food, is
expected to fuel growth of the preservatives market, owing to the application of preservatives
in processed food to enhance its overall quality, taste and shelf life.
Preservatives Market Challenges – Stringent Government Rules and Regulations
Stringent regulatory scenario regarding the use of preservatives considering its negative
health impact is a challenge for growth of the global preservatives market. Various authorities
across the globe regulate usage of preservatives. Despite its usage in various end-use
industries such as food and pharmaceutical drugs, preservatives are associated with a number
of health issues such as cancer, hyperactivity, and heart issues. The U.S. Food & Drug
Administration (FDA) implemented certain guidelines for usage of preservatives in food and
medicines. According to the FDA, 'a chemical preservative should comply with purity
specifications in regulations in 21 CFR 172, or in the Food Chemicals Codex'.
Asia Pacific is expected to be the fastest growing market for preservatives over the forecast
period, owing to increasing demand for ready-to-consume food items and growing retail
industry. North America is the largest market for preservatives, followed by Europe. These
regions are expected to retain their dominance over the forecast period, attributing to the
availability of retail outlets, busy lifestyle of consumers resulting in an increasing inclination
towards ready-to-eat food products.
Key players in the global preservatives market include Corbion N.V., Cargill Incorporated,
Kerry Group, BASF SE, Chr. Hansen A/S, Archer Daniels Midland Company, E. I. du Pont
de Nemours and Company, and Celanese Corporation.
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Preservatives Market report categorizes global market by source, function, end-user, and geography - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players