The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Organic Food Preservatives. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Organic Food Preservatives Market across various industries and regions.
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Key Takeaways from Market Study:
- The global natural food preservatives market is anticipated to add nearly 2x value by 2031
- Salt to remain most widely used natural preservative, accounting for 50% of sales
- By function, use as antimicrobials to comprise at least 3 out of 5 uptakes by 2031
- Meat & poultry applications to remain maximum, expanding at around 6% CAGR
- U.S likely to generate incremental opportunity worth US$ 396.3 Mn by 2031
- China to emerge as a significant growth region, registering a CAGR of 4% until 2031
- India to attract significant investments in natural food preservatives in the long-run
“Rapidly growing market understanding of animal welfare and changing dietary habits is projected to boost the demand for plant-based preservatives in forthcoming years,” says a Fact.MR analyst.
Competitive Landscape
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advances for cancer screening, mergers, and acquisitions.
- In Feb 2021, prominent player IFF completed its merger with DuPont’s nutrition & biosciences business. The combined company will continue to operate under the name IFF.
- In Sep, 2021 Chr. Hansen Holding A/S acquired Jennewein Biotechnologie GmbH to enter the high-growth human milk oligosaccharides market. The company plans to invest more than EUR 200 million in production assets until 2025, including an investment in a brown-field factory, to expand HMO capacity to supply the expected demand.
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Key Segments Covered
-
Type
- Salt-based Natural Food Preservatives
- Sugar-based Natural Food Preservatives
- Oil-based Natural Food Preservatives
- Honey-based Natural Food Preservatives
- Citric Acid-based Natural Food Preservatives
- Vinegar-based Natural Food Preservatives
- Other Natural Food Preservatives
-
Function
- Antimicrobial Natural Food Preservatives
- Antioxidants Natural Food Preservatives
- Natural Food Preservatives for Other Functions
-
Application
- Natural Food Preservatives for Sea Food
- Natural Food Preservatives for Meat & Poultry
- Natural Food Preservatives for Bakery Products
- Natural Food Preservatives for Dairy Products
- Natural Food Preservatives for Snacks
- Natural Food Preservatives for Beverages
- Natural Food Preservatives for Fruits & Vegetables
- Natural Food Preservatives for Other Applications
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Key Question answered in the survey of Organic Food Preservatives market report:
- Sales and Demand of Organic Food Preservatives
- Growth of Organic Food Preservatives Market
- Market Analysis of Organic Food Preservatives
- Market Insights of Organic Food Preservatives
- Key Drivers Impacting the Organic Food Preservatives market
- Which are the Key drivers impacted by Organic Food Preservatives market
- Restraints Shaping Market Growth
- Market Survey of Organic Food Preservatives
More Valuable Insights on Organic Food Preservatives Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Organic Food Preservatives, Sales and Demand of Organic Food Preservatives, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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