Market Size of North America Food Preservatives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.60 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Food Preservatives Market Analysis
North America Food Preservatives Market is projected to grow at a CAGR of 2.6% during the forecast period (2020-2025).
- Awareness related to several risks associated with chemical preservatives has driven the market for natural preservatives.
- North America has highly regulated policies with respect to the commercialization of food products and ingredients. Such regulations have offered lucrative growth opportunities for manufacturers to introduce novel preservatives with minimum or no side-effects on human health.
- Advanced technological growth in the field of food processing is driving the growth of the North American food and beverage preservative market.
North America Food Preservatives Industry Segmentation
North America Food Preservatives Market is segmented by type including natural and synthetic. Based on the application, the market is divided into bakery, confectionery, beverage, dairy and frozen products, meat, poultry and seafood, sauces and salad mixes, and others. The study also involves the analysis of regions such as the United States, Canada, Mexico, and the rest of North America.
| By Type | |
| Natural | |
| Synthetic |
| By Application | |
| Bakery | |
| Confectionery | |
| Beverage | |
| Dairy and Frozen Products | |
| Meat, Poultry and Seafood | |
| Sauces and Salad Mixes | |
| Others |
| Geography | ||||||
|
North America Food Preservatives Market Size Summary
The North America food preservatives market is experiencing growth driven by increasing consumer awareness and demand for natural preservatives, as concerns about the risks associated with chemical preservatives rise. The region's stringent regulatory environment offers opportunities for manufacturers to innovate and introduce preservatives with minimal health impacts. Technological advancements in food processing further bolster market expansion. The clean label movement, emphasizing transparency and purity, has become mainstream, prompting manufacturers to innovate and cater to consumers willing to pay a premium for natural and healthy ingredients. This trend is particularly evident in the United States, where consumers prioritize clarity and responsibility in food labeling.
The beverage industry significantly contributes to the market's growth, as preservatives are essential in maintaining the taste, color, and safety of drinks, especially soft drinks, which are prone to microbial growth due to their high water activity and nutrient content. The market is highly fragmented, with numerous small players and key companies like Cargill, DuPont, Kerry Inc., and Koninklijke DSM N.V. leading the charge in natural preservatives and clean label categories. These companies leverage product development and strategic partnerships to expand their market presence and align with evolving consumer preferences.
North America Food Preservatives Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Drivers
-
1.2 Market Restraints
-
1.3 Porter's Five Forces Analysis
-
1.3.1 Threat of New Entrants
-
1.3.2 Bargaining Power of Buyers/Consumers
-
1.3.3 Bargaining Power of Suppliers
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 By Type
-
2.1.1 Natural
-
2.1.2 Synthetic
-
-
2.2 By Application
-
2.2.1 Bakery
-
2.2.2 Confectionery
-
2.2.3 Beverage
-
2.2.4 Dairy and Frozen Products
-
2.2.5 Meat, Poultry and Seafood
-
2.2.6 Sauces and Salad Mixes
-
2.2.7 Others
-
-
2.3 Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexixo
-
2.3.1.4 Rest of North America
-
-
-
North America Food Preservatives Market Size FAQs
What is the current North America Food Preservatives Market size?
The North America Food Preservatives Market is projected to register a CAGR of 2.60% during the forecast period (2024-2029)
Who are the key players in North America Food Preservatives Market?
Cargill, Incorporated, DuPont de Nemours, Inc., Kerry Inc., Koninklijke DSM N.V. and Jungbunzlauer Suisse AG are the major companies operating in the North America Food Preservatives Market.
