Future Market Insights recent report conclude, the
artificial preservative market is poised for significant growth,
with a projected value of US$ 52,500
million by 2034 and an impressive CAGR of 5.80%. The
increasing demand for meat products, rising adoption in the
cosmetic industry, and burgeoning popularity of convenience foods
are driving this growth. Manufacturers can tap into the market
potential by exploring the introduction of antimicrobial agents and
antioxidant-infused preservatives. Embrace these transformative
opportunities and position your investments for a prosperous future
in this dynamic market landscape.
NEWARK, Del., March 28, 2024 /PRNewswire/ --
The artificial preservative market is expected
to be valued at US$ 29,800 million
in 2024. The market's progress is projected to be invigorating
from 2024 to 2034, with a CAGR of 5.80%. By 2034, the market
value is forecasted to hit US$ 52,500
million.
Download the Sample PDF report to explore key market
insights and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-19352
Driving Factors: Artificial Preservative Industry
The rising demand for meat products. Meat has a short useful
life and is highly perishable, which makes it difficult to
transport and package without the risk of spoilage. To address this
issue, consumers are turning to artificial preservatives to extend
the freshness and flavor of their meat products.
The artificial preservative market is also being driven by the
increasing adoption of preservatives in the cosmetics and personal
care industry. Artificial preservatives are widely used in
cosmetics and personal care products to extend their shelf life and
prevent bacterial growth. As consumers become more aware of the
ingredients used in their personal care products, the demand for
natural preservatives is also increasing. However, due to the
cost-effectiveness and ease of use of artificial preservatives,
they continue to dominate the market.
Increasing demand for convenience foods, the growth of the food
packaging industry, and the rise in disposable incomes are also
contributing to the growth of the artificial preservative market.
As people's lifestyles become increasingly busy, they are looking
for food options that are easy to prepare and consume. This has led
to a surge in the production and consumption of convenience foods,
which in turn has boosted the demand for artificial
preservatives.
The food packaging industry is also witnessing a significant
growth trajectory, driven by the increasing demand for packaged and
processed foods. This has led to the development of innovative
packaging solutions that can help to extend the shelf life of these
foods. Artificial preservatives play a crucial role in ensuring the
safety and longevity of these packaged foods.
Investment Opportunities in the Market
- Antimicrobial Agents: A Goldmine for Manufacturers
New antimicrobial agents could be the hottest investment in the
artificial preservative market. These agents act as powerful
shields against bacteria and other harmful contaminants,
significantly boosting food safety. This translates to major
benefits for both manufacturers, who can see increased
profits, and consumers, who gain peace of mind knowing their food
is protected. Antimicrobial agents are poised to grab the spotlight
and reshape the artificial preservative landscape.
- The Power of Antioxidants: Keeping Food Fresh, Profits
High
Adding antioxidants to artificial preservatives is another
recipe for success. Antioxidants work like tiny time
machines, slowing down the natural process of oxidation that spoils
food. In today's fast-paced world, consumers crave
convenient, flavorful meals that last. Processed and instant
foods are more popular than ever, and this trend fuels the demand
for antioxidant preservatives. As a result, these innovative
preservatives are expected to be a major player in the market for
years to come.
"Rise in disposable incomes, particularly in emerging
economies, is also contributing to the growth of the artificial
preservative market. As people's purchasing power increases, they
are more likely to spend on convenience foods and packaged goods,
which has led to a surge in the demand for artificial
preservatives. "Says Nandini Roy
Choudhury (Client Partner for Food & Beverages at
Future Market Insights, Inc.).
Key Takeaways from the Artificial Preservative
Market
- The artificial preservative market is estimated to register a
CAGR of 5.80%, reaching a valuation of US$
52,500 million by 2034.
- The powder segment is anticipated to dominate the market by
holding a 37.70% market share in 2024.
Competitive Landscape
The artificial preservative market is witnessing active
participation from stakeholders, who are offering a diverse range
of products to gain popularity and attraction. Key players are
focusing on sustainability and launching eco-friendly products to
increase profits. With ongoing research and innovation, the market
is expected to witness significant growth in the coming years.
Companies are also implementing new marketing strategies to enhance
consumer experience and gain a competitive edge.
Recent Development
In 2021, Brazzein, a natural protein sweetener found in berries
produced by the Pentadiplandra plant, was created as a result of a
significant investment in research and development by AnalytiCon
Discovery and Roquette. This alternative sweetener is a healthier
option compared to high-calorie and artificial sweeteners, and its
successful development marks a breakthrough in the food industry.
The investment in research and development is expected to enable
the production of this protein sweetener on a larger scale, thereby
offering consumers a natural and healthy substitute for sugar.
Purchase now and gain full access to
the Artificial Preservative Industry report, featuring
comprehensive Market Forecast, Company Share Analysis, Competition
Intelligence, DROT Analysis, Market Dynamics and Challenges, and
Strategic Growth Initiatives.
About the Author:
Nandini Roy
Choudhury (Client Partner for Food & Beverages at
Future Market Insights, Inc.) has 7+ years of management consulting
experience. She advises industry leaders and explores off-the-eye
opportunities and challenges. She puts processes and operating
models in place to support their business objectives.
She has exceptional analytical skills and often brings thought
leadership to the table.
Nandini has vast functional expertise in key niches, including
but not limited to food ingredients, nutrition & health
solutions, animal nutrition, and marine nutrients. She is also
well-versed in the pharmaceuticals, biotechnology, retail, and
chemical sectors, where she advises market participants to develop
methodologies and strategies that deliver results. Another feather
to her cap manifests in the form of process automation. She is
vocal about bringing automation to the fore to bring a
360-degrees-round revolution in manufacturing sector
Her core expertise lies in corporate growth strategy, sales and
marketing effectiveness, acquisitions and post-merger integration
and cost reduction. Nandini has an MBA in Finance from MIT School
of Business. She also holds a Bachelor's Degree in Electrical
Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in
journals including Beverage Industry, Bloomberg, and Wine Industry
Advisor.
Explore FMI's Extensive Coverage in the Food and Beverage
Domain:
- Food Preservatives Market Covering Sales Outlook,
Up-to-date Key Trends, Market Size and Forecast, 2023-2033. –
Review and Request to Access the Sample Report.
- Natural Food and Beverage Preservatives Market By
Product Type, Function, Application Type, Form & Region |
Forecast 2022 to 2032. - Review and Request to Access the Sample
Report.
- Natural Food Preservatives Market by Product Type
(Salt-based, Oil-based), Function (Antimicrobial, Antioxidants)
& Region - Forecast 2022 – 2032. - Review and Request to
Access the Sample Report.
- Plant Based Preservatives Market Covering Sales Outlook,
Up-to-date Key Trends, Market Size and Forecast, 2022-2032. -
Review and Request to Access the Sample Report.
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