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?