Organic Food Preservatives Market by Application and Geography - Forecast and Analysis 2022-2026

The organic food preservatives market share is expected to increase by USD 367.66 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.71%.

This organic food preservatives market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (bakery and confectionary, beverages, dairy, sweet and savory snacks, and others) and geography (North America, Europe, APAC, South America, and MEA). The organic food preservatives market report also offers information on several market vendors, including Archer Daniels Midland Co., Cargill Inc., Hawkins Watts Ltd., International Flavors and Fragrances Inc., Kalsec Inc., Kemin Industries Inc., Koninklijke DSM NV, Merck KGaA, Tate and Lyle Plc, and Univar Solutions Inc., among others.

What will the Organic Food Preservatives Market Size be During the Forecast Period?

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Organic Food Preservatives Market: Key Drivers and Challenges

The hazardous effects of chemical food preservatives are notably driving the organic food preservatives market's growth, although factors such as the threat from substitute products may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the organic food preservatives industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Organic Food Preservatives Market Driver

Chemical food preservatives have potentially life-threatening side effects. The consumption of several artificial preservatives, such as nitrates, benzoates, sulfites, sorbates, parabens, and formaldehyde, can lead to serious health hazards such as hypersensitivity, allergy, asthma, hyperactivity, neurological damage, and cancer. Such reported health problems related to chemical food preservatives will drive the demand for organic food preservatives in the coming years. 

Key Organic Food Preservatives Market Challenge

The availability of chemical food preservatives-based products at lower prices than their organic counterparts is another reason for consumers opting for regular food that contains chemical-based preservatives. Compared with organic food preservatives, chemical preservative-based food products are widely available in most countries. Due to these reasons, the threat from substitute products is anticipated to impede the growth of the global organic food preservatives market. 

This organic food preservatives market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Organic Food Preservatives Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Archer Daniels Midland Co.
• Cargill Inc.
• Hawkins Watts Ltd.
• International Flavors and Fragrances Inc.
• Kalsec Inc.
• Kemin Industries Inc.
• Koninklijke DSM NV
• Merck KGaA
• Tate and Lyle Plc
• Univar Solutions Inc.

This statistical study of the organic food preservatives market encompasses successful business strategies deployed by the key vendors. The organic food preservatives market is fragmented, and the vendors are deploying both organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The organic food preservatives market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Organic Food Preservatives Market?

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34% of the market's growth will originate from North America during the forecast period. The US, Canada, and Mexico are the key markets for organic food preservatives in North America. However, market growth in this region will be slower than the growth of the market in other regions.

Consumers in North America are opting for alternative choices to lower the impact on health, which leads to a shift to organic products rather than food that has a high chemical content, which, in turn, will facilitate the organic food preservatives market's growth in North America during the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Organic Food Preservatives Market?

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The organic food preservatives market share growth by the bakery and confectionary segment will be significant during the forecast period. The demand for organic food preservatives is driven by the increased consumption of bakery and confectionary products, as they are categorized under the ready-to-eat food products segment. With the increasing preference for snacking between meals, the demand for high-protein bread that can be consumed on the go is increasing among consumers. These factors are driving the demand for bakery and confectionary products, thereby driving the growth of the global market for organic food preservatives. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the organic food preservatives market size and actionable market insights on the post-COVID-19 impact on each segment.

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What are the Key Data Covered in this Organic Food Preservatives Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive the organic food preservatives market's growth during the next five years
• Precise estimation of the organic food preservatives market's size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the organic food preservatives industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the organic food preservatives market vendors

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