India Food Preservatives Market Size (2024 - 2029)

India Food Preservatives Market Analysis

India's food preservatives market is projected to witness a CAGR of 3.86% over the next five years.

• Food preservation is the major factor in preventing food from spoilage and harmful microorganisms. Preservation techniques have been used for centuries to extend the shelf life of food products and prevent spoilage. Historically, people used natural methods like salting, smoking, and drying to preserve food. 
• In more recent times, the use of synthetic preservatives has become more common due to the increased demand for processed foods and beverages. Various types of preservatives, such as antioxidants, antimicrobials, acidulants, flavor enhancers, and color additives, are added to foods to prolong their shelf life and improve their taste. Market players continuously innovate and develop new preservatives to cater to the specific needs of different food products.
• Additionally, in harmony with the global food standards of the Codex Alimentarius Commission (CAC) and the World Health Organization (WHO), the Food Safety and Standards Authority of India (FSSAI) has laid down several regulations for the use of preservatives. These regulations are designed to ensure that food products containing preservatives are safe for consumption and do not pose a threat to public health. \
• The Indian government has imposed strict regulations on the use of synthetic and chemical preservatives in food products, as well as limiting the use of natural preservatives. As a result, the demand for organic and natural preservatives in the country is on the rise. 
• Additionally, consumer demand for clean-label and natural ingredients is fueling the growth of the market. Manufacturers are responding to this trend by developing new products and technologies that use natural preservatives and meet the standards set by regulatory authorities. This shift towards natural and organic preservatives is expected to continue in the coming years, as consumers become increasingly health-conscious and demand transparency and sustainability in the food products they consume.
• In September 2022, Solvay, a global leader in natural ingredients, expanded the range of one of its flagship products, Rhovanil Natural CW, with three new natural flavor ingredients: Rhovanil Natural Delica, Alta, and Sublima. With these new products, the Group will enable the Food and Beverage industries to cost-effectively switch to natural and address growing consumer expectations for healthier, safer, tastier, and more natural products.

India Food Preservatives Industry Segmentation

Food preservatives are substances or chemicals that are added to different foods and beverages to prevent the decomposition caused by undesirable chemical reactions. 

The Indian food preservatives market is segmented by type and application. Based on type, the market is segmented into antioxidants, antimicrobials, acidulants, and other types. Both antioxidants and antimicrobials are further categorized based on their natural and synthetic forms. Based on application, the market is segmented as bakery and confectionery, meat and poultry, ready meals, sweet and savory snacks, sauces and dressings, edible oils, and other applications. 

For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).