According to the recent study the organic food preservative market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 5% to 6% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for convenience products, rising demand for foods with longer shelf life, and growing consumption of ready-to-eat food products.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in organic food preservative market by product type (salt, sugar, oil, honey, citric acid, vinegar, and others), function (antimicrobial, antioxidants and others), end use (meat, poultry and seafood product, beverage, confectionery, bakery product, snacks, dairy and frozen product, fat and oil and others) and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Salt market is expected to remain the largest segment during the forecast period.”
Based on product type, the organic food preservative market is segmented into salt, sugar, oil, honey, citric acid, vinegar, and others. Lucintel forecasts that the salt market is expected to remain the largest segment due to its easy availability, cost effective, and traditional forms.
“Within the organic food preservative market, the bakery product segment is expected to remain the largest end use”
Based on end use the bakery product segment is expected to witness the highest growth over the forecast period due to the rising demand for organic and natural bakery products and increase in demand for packaged foods.
“North America will dominate the organic food preservative market in near future”
North America will remain the largest region due to the rising incidence of diseases caused by synthetic ingredients in food, presence of key players and rise in health and wellness trend in the region.
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Major players of organic food preservative market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Naturex S. A, E. I. du Pont de Nemours, Merck KGaA, Archer Daniels Midland Company, Handary S.A., Cargill Foods, Danisco, Kalsec Inc are among the major organic food preservative providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/organic-food-preservative-market.aspx or [email protected]