Top Companies in Food Preservatives Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research

Vantage Market Research has recently published a new report on "Food Preservatives Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in Food Preservatives Market. Some of the key statistics in the report highlight that Global Food Preservatives Market was valued at USD 3.1 Billion in 2022 and is projected to reach a value of USD 3.86 Billion by 2030 at a CAGR of 3.2% over the forecast period. The global Food Preservatives Market will continue to expand due to increased demand from processed and packaged foods, awareness about food safety and technological advancements.

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The Global Food Preservatives Market is dominated by well-known players like Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Dupont De Nemours, Inc. (U.S.), Kerry Group PLC (Ireland), Tate & Lyle PLC (U.K.), Kemin Industries, Inc. (U.S.), Corbion N.V. (Netherlands), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), and Koninklijke DSM N.V. ( Netherlands).

Let’s Take a Look at the Top Market Players that are Captivating the Food Preservatives Market

1. Cargill Incorporated (U.S.)

Cargill Incorporated is a global food and agricultural company based in the United States. The company operates in various industries, including food ingredients, animal nutrition, meat and poultry, and industrial products. Cargill is a major player in the food preservatives market and offers a range of solutions designed to help food manufacturers extend the shelf life of their products. Cargill provides a range of food preservatives, including natural and synthetic options, to help manufacturers ensure their products' safety and quality. The company's solutions include antioxidants, antimicrobials, and functional blends that can be customized to meet specific food preservation needs. Cargill's food preservatives are used in various applications, including meat and poultry, bakery, dairy, and beverage products. In addition, the company collaborates with food manufacturers to develop customized solutions and provides technical support to ensure optimal product performance.

2. Archer Daniels Midland Company (U.S.)

Archer Daniels Midland Company (ADM) is a global food processing and commodities trading corporation specializing in manufacturing and distributing food ingredients, animal feed, and fuel products. The company operates in over 60 countries and has over 33,000 workers worldwide. ADM is a major player in the food preservatives market, offering a range of solutions to its customers. ADM's food ingredient portfolio includes preservatives such as ascorbic acid (vitamin C), citric acid, and lactic acid, which prevent spoilage and maintain the quality of food products. In addition, the company also offers natural preservatives such as rosemary extract and green tea extract. ADM's approach to food preservation focuses on natural options and clean-label ingredients, reflecting consumer demand for minimally processed and clean-label products. In addition, ADM's innovation centers also work to develop new natural preservatives and ingredients to meet evolving market demands.

3. DuPont De Nemours Inc. (U.S.)

DuPont De Nemours Inc. is one of the leading players in the food preservatives market. The company offers a range of food preservatives, including antioxidants, antimicrobials, and blends, that help in extending the shelf life of food products and maintaining their quality and safety. DuPont's food preservative portfolio includes natural and synthetic antioxidants such as BHA (butylated hydroxyanisole), BHT (butylated hydroxytoluene), tocopherols, and ascorbic acid; antimicrobials such as sorbic acid, natamycin, and nisin; and blends of preservatives that offer synergistic effects for improved efficacy. The company has a strong presence in the North American, European, and Asia-Pacific food preservatives markets. Its broad customer base includes food and beverage manufacturers, food service providers, and retailers. DuPont is focused on enhancing its product portfolio through research and development initiatives and strategic partnerships. In addition, the company has been investing in innovative solutions for food preservation, such as clean labels and natural preservatives, to meet the growing demand for healthy and sustainable food.

4. Kerry Group PLC (Ireland)

Kerry Group PLC is a multinational food and beverage company headquartered in Ireland and operating in more than 30 countries worldwide. The company provides food and flavor ingredients and food and beverage products for the global marketplace. One of the key ingredients provided by Kerry Group PLC is food preservatives. Kerry Group PLC is a major player in the food preservatives market, offering a range of solutions that cater to the needs of food and beverage manufacturers. The company's offerings include natural preservatives, synthetic preservatives, and custom blends.

5. Tate & Lyle PLC (U.K.)

Tate & Lyle PLC is a British multinational agribusiness specializing in producing food ingredients and solutions. The company operates globally, serving food and beverage manufacturers in over 150 countries. Tate & Lyle is one of the leading players in the food preservatives market, offering a wide range of natural and synthetic preservatives for various food applications. Tate & Lyle offers a comprehensive portfolio of food preservatives, including antimicrobials, antioxidants, and mold inhibitors. Its natural antimicrobial solutions include a range of vinegar and citrus-based products, while its synthetic preservatives include sodium benzoate and potassium sorbate. Tate & Lyle's preservatives are widely used in meat, poultry, seafood, bakery, dairy, and beverage products. Tate & Lyle's focus on sustainability and innovation has enabled it to stay ahead of the competition in the food preservatives market. In addition, the company has invested in developing natural and clean-label preservative solutions that meet the demands of consumers for healthier and safer food products. Tate & Lyle's strong global presence and expertise in the food industry make it a trusted and reliable partner for food and beverage manufacturers worldwide.

6. Kemin Industries Inc. (U.S.)

Kemin Industries, Inc. is a leading global company in producing food and nutritional products, with headquarters in Iowa, U.S. In addition, the company supplies various food preservatives, including antioxidants, antimicrobials, and mold inhibitors. Kemin Industries has a strong presence in the food and beverage industry, with solutions to preserve the quality and shelf life of various food products, including meat, poultry, seafood, bakery and confectionery, and dairy products. Their products are known for their effectiveness, safety, and sustainability. The company's focus on sustainability has also contributed to its success in the market. Kemin Industries has implemented sustainable practices in its operations and products, including reducing waste, energy consumption, and emissions and developing natural preservatives and clean-label ingredients.

7. Corobian N.V. (Netherlands)

Corobian N.V. is a company that specializes in the production of food preservatives. The company is committed to providing high-quality and innovative solutions to the food industry by developing and producing preservatives that help extend food products' shelf life while maintaining their quality and freshness. Corobian N.V. offers a wide range of food preservatives, including natural and synthetic preservatives, which extend the shelf life of various food products while maintaining their nutritional value, taste, and texture. The company's products, including dairy, bakery, meat, poultry, and seafood, are widely used in the food and beverage industry.

8. BASF SE (Germany)

BASF SE is a leading multinational chemical company based in Germany. The company is one of the largest chemical producers in the world. It has a diverse range of business operations, including manufacturing and supplying chemicals, plastics, coatings, and agricultural products. The company also has a major presence in the food preservatives market. BASF offers a range of food preservatives that extend the shelf life of food products by inhibiting microbial growth and other chemical reactions that can spoil or degrade food. Some of the key food preservatives offered by BASF include Natamax® - a natural antifungal agent used to prevent mold growth and increase the shelf life of bread, cheese, and meat products; Nisaplin® - a natural antimicrobial agent used to inhibit the growth of several types of bacteria, including Listeria and Salmonella, Sorbic acid - a synthetic preservative used to prevent the growth of yeast, mold, and bacteria in various food and beverage products, Dehydroacetic acid and salts - a synthetic preservative used in baked goods, dairy products, and other food products to prevent microbial growth and spoilage.

9. Chr. Hansen Holding A/S (Denmark)

Chr. Hansen Holding A/S is a Danish company specializing in natural ingredient solutions for various industries, including food, beverage, dietary supplements, animal feed, and agriculture. The company offers multiple products and solutions, including food preservatives, colorants, cultures, enzymes, probiotics, and natural sweeteners. The food preservatives market is one of the major areas of focus for Chr. Hansen. The company offers a range of natural & synthetic food preservatives, including natamycin, sorbic acid, benzoic acid, propionic acid, and nisin. These preservatives extend the shelf life of various food and beverage products, including dairy, meat, bakery, and processed foods. Chr. Hansen is well-positioned to capitalize on this trend, given its expertise in natural ingredient solutions and strong presence in the global market.

10. Koninklijke DSM N.V. (Netherlands)

Koninklijke DSM N.V. is a Dutch multinational company that operates in the fields of health, nutrition, and materials. DSM is a major player in the food preservatives market, offering a variety of natural and synthetic preservatives for food and beverage producers. DSM offers natural and synthetic preservatives such as Delvo, Fresta, and PreventAse under its brand names. These products are used in various food and beverage applications, including dairy products, bakery items, meat products, and beverages. DSM's natural preservatives are derived from sources such as citrus and rosemary extracts, while its synthetic preservatives are based on organic acids, such as benzoic and sorbic acid. DSM's food preservatives are known for their high quality, effectiveness, and safety. In addition, the company invests heavily in research and development to develop new and innovative preservatives that meet evolving consumer demand for natural and clean-label products.

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