In 2032, the market for natural food and beverage preservatives is projected to be worth US$ 880.4 million. According to FMI Analysts, the global market for natural food and beverage preservatives is anticipated to reach US$ 435.2 million in 2022 and grow at a CAGR of 7.3 percent from 2022 to 2032.
Food makers employ food and beverage preservatives frequently because they preserve the food’s flavour, quality, and colour. The chance of the product spoiling is eliminated by the addition of preservatives. Preservatives are frequently used by manufacturers while preparing natural foods and beverages.
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Natural food and beverage preservatives preserve the colour and look of the food. Food and beverages naturally have a short shelf life, but by adding natural preservatives, food items can be kept for a long period. Ingredients like sugar, alcohol, and salts were once used to preserve food. However, the shelf life of food preserved with these agents is shorter.
Therefore, food makers favour synthetic preservatives over those that extend the shelf life of food and beverages. Food makers in the market use a lot of natural food and beverage preservatives.Global Natural Food and Beverage Preservatives Market: Dynamics
The market’s increasing demand for packaged foods and drinks is driving the market for natural food and beverage preservatives. The busy way of life of consumers has increased their reliance on packaged food items. They favour eating goods that are already prepared. As a result, to meet consumer demand, food manufacturers use natural food and beverage preservatives to protect food products and increase their shelf life.
To preserve food, food manufacturers use a variety of techniques as well as additives. Modern techniques for preserving natural food and drink include nuclear radiation. Chemical preservatives are frequently employed because they inhibit the growth of bacteria and germs, hence preventing the chance of spoiling.
Food producers frequently employ the artificial additives sodium benzoate, benzoic acid, sodium nitrite, sodium sorbate, and potassium sorbate. The fact that preservatives are prohibited in some areas of Europe due to the dangers of these chemical preservatives is one of the issues limiting the market for natural food and beverage preservatives. They may result in severe health problems like brain damage, allergies, stomach cancer, and asthma.
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Regional Overview of the Global Natural Food and Beverage Preservatives Market
North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific except Japan (APEJ), and Japan are the seven regions that make up the global market for natural food and beverage preservatives.
Due to the rising purchasing power of Asian consumers, the market for natural food and beverage preservatives is expanding quickly in the Asia Pacific area. Russia and other nations have outlawed the use of preservatives. Countries in this region that produce food are searching for natural preservatives that will improve the product’s quality and lengthen its shelf life. The market for natural food and beverage preservatives is slowly expanding in the region.
Key Players in the Global Natural Food and Beverage Preservatives Market
The market for natural food and beverage preservatives includes Koninklijke DSM N.V., Akzo Nobel N.V., Cargill, Inc., DuPont, and others as major participants.
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