Germany Food Preservatives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Germany Food Preservatives Market Analysis
The German food preservatives market is projected to register a CAGR of 3.5% during the forecast period, 2020 - 2025.
- The market is majorly driven by the growing demand for convenience foods and longer shelf life for processed foods. In addition, the increasing exports of perishable products, such as meat, poultry, and seafood, from the country, contribute to the growing demand for food preservatives.
- However, factors, such as the higher cost of natural preservatives and the rising consumer awareness about the side effects of synthetic preservatives, are restraining the growth of the food preservatives market.
Germany Food Preservatives Market Trends
This section covers the major market trends shaping the Germany Food Preservatives Market according to our research experts:
Growing Market for Natural Food Preservatives in the Country
The increasing consumer interest in nutritionally enriched products and all-natural foods is eventually promoting the demand for high-value premium and natural preservatives. Natural preservatives, such as salt, sugar, vinegar, rosemary, and oregano extracts, were earlier used in domestic cooking as preservatives in the food, which is turning out to be an industrial need at present to cater to the big food processors in the local market. These are preferred due to their functional properties, such as antibacterial, antifungal, anti-carcinogenic, and antioxidant characters. Regulatory organizations in the country are constantly making efforts to ensure the circulation of value-based and clean-label products in the country, which is acting as a driver for the market in the country, compelling it to maintain the transparency between the consumers and final tailored products.
Rising Demand for Non-alcoholic Beverages in the Country
The booming beverage industry is majorly uplifting the consumption of ingredients, including preservatives. The properties of drinks, such as high-water activity, demand the irreplaceable use of preservatives in the beverage industry, to avoid the change in taste and color, and bitter aftertaste. Moreover, with the rise in demand for functional beverages, the market for natural preservatives is gaining momentum. Manufacturers are embracing innovation for gaining a position in the market, by incorporating the organically sourced preservatives in the product formulation.
Germany Food Preservatives Industry Overview
The German food preservatives market is competitive and fragmented in nature, owing to the presence of many regional and domestic players. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies, along with new product development as strategic approaches adopted by the leading companies, to boost their brand presence among consumers. Key players dominating the market include Koninklijke DSM NV, DuPont de Nemours Inc., Corbion NV, BASF SE, and Barentz, among others.
Germany Food Preservatives Market Leaders
-
Koninklijke DSM N.V.
-
DuPont de Nemours, Inc.
-
Corbion N.V.
-
BASF SE
-
Barentz
*Disclaimer: Major Players sorted in no particular order
Germany Food Preservatives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Type
- 5.1.1 Natural
- 5.1.2 Synthetic
-
5.2 By Application
- 5.2.1 Beverage
- 5.2.2 Dairy
- 5.2.3 Bakery
- 5.2.4 Confectionery
- 5.2.5 Meat, Poultry, and Seafood
- 5.2.6 Sauces and Salad Mixes
- 5.2.7 Other Applications
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
-
6.3 Company Profiles
- 6.3.1 Koninklijke DSM NV
- 6.3.2 DuPont de Nemours Inc.
- 6.3.3 Corbion NV
- 6.3.4 BASF SE
- 6.3.5 Barentz
- 6.3.6 LAP GmbH
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityGermany Food Preservatives Industry Segmentation
The German food preservatives market is segmented by type and application. By type, the market is categorized into natural and synthetic. These preservatives include all the antimicrobials, antioxidants, and chelators. Additionally, by application, the market is segmented into beverage, dairy and frozen product, bakery, meat, poultry and seafood, confectionery, sauces and salad mixes, and other industries.
By Type | Natural |
Synthetic | |
By Application | Beverage |
Dairy | |
Bakery | |
Confectionery | |
Meat, Poultry, and Seafood | |
Sauces and Salad Mixes | |
Other Applications |
Germany Food Preservatives Market Research FAQs
What is the current Germany Food Preservatives Market size?
The Germany Food Preservatives Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in Germany Food Preservatives Market?
Koninklijke DSM N.V., DuPont de Nemours, Inc., Corbion N.V., BASF SE and Barentz are the major companies operating in the Germany Food Preservatives Market.
What years does this Germany Food Preservatives Market cover?
The report covers the Germany Food Preservatives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Food Preservatives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Food Preservatives Industry Report
Statistics for the 2024 Germany Food Preservatives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Food Preservatives analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.