The Plant Based Preservatives sale size reached USD 839.9 million in 2022, worldwide demand for the Plant Based Preservatives industry shows year-on-year growth of 5.6% in 2023 and thus, the target product sales are expected to reach USD 840.8 million in 2024. Over the projection period (2024 to 2034), global Plant Based Preservatives Market sales are projected to rise at a 6.7% compound annual growth rate (CAGR) and reach a market valuation of USD 1,608.2 million by 2034 end.
Present-day consumers are demanding more information, simplicity, and naturalness in their products. This clean label movement is changing the face of the food and beverage industry as it seeks natural ingredients and plant-based alternatives to synthetic additives and preservatives for final product manufacturing.
Many buyers have become very health-conscious and selective of the kind of food they buy. They identify any foods with natural elements as nutritious and safe to take therefore making a preference for those void of artificial preservatives, flavorings, or colors.
| Attributes | Description |
|---|---|
| Estimated Global Plant-Based Preservative Market Value (2024E) | USD 840.8 million |
| Projected Global Plant-Based Preservative Market Value (2034F) | USD 1,608.2 million |
| Value-based CAGR (2024 to 2034) | 6.7% |
Modern shoppers particularly Gen Z individuals along with millennials are aware of the ecological impacts of what they eat which has led to a preference for safe and naturally produced ones that are obtained from sustainable sources. Proper management allows crops to be grown continuously devoid of depletion of environmental resources hence becoming eco-friendly.
In addition, the production processes for plant-based preservatives are being optimized to reduce environmental impact. Through innovative extraction techniques, processing technologies now enable more efficient use of plant materials by reducing waste generated on the other hand while lowering energy consumption on one side.
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The below table presents a comparative assessment of the variation in CAGR over six months for the base year (2023) and current year (2024) for the global Plant-Based Preservative industry. This analysis reveals crucial shifts in market performance and indicates revenue realization patterns, thus providing stakeholders with a better vision of the industry growth trajectory over the year. The first half of the year, or H1, spans from January to June. The second half, H2, includes the months from July to December
| Particular | Value CAGR |
|---|---|
| H1 | 5.6% (2023 to 2033) |
| H2 | 5.9% (2023 to 2033) |
| H1 | 6.2% (2024 to 2034) |
| H2 | 6.7% (2024 to 2034) |
The above table presents the expected CAGR for the global Plant-Based Preservative industry over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 5.6%, followed by a slightly higher growth rate of 5.9% in the second half (H2) of the same decade.
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to increase slightly to 6.2% in the first half and remain relatively moderate at 6.7% in the second half. In the first half (H1) the target sales witnessed a decrease of 35 BPS while in the second half (H2), witnessed an increase of 22 BPS.
Clean Label moment for the food ingredients surge the plant-based preservative sales
Customers demand food products with reduced numbers of artificial additives or that have been minimally processed; these also need to contain fewer artificial substances but have more natural elements instead. The food industry has adopted this trend by using plant-based preservatives such as rosemary extract, green tea extract, citrus extracts, and essential oil extracted from various herbs, spices, and fruit juices etc among others in their products.
Extracts from these materials rich in antioxidants are gaining increased popularity as an important trend within the plant-based preservation segment. These antioxidants offer two-fold benefits by ensuring the effective preservation of food while at the same time offering significant health advantages to users.
Moreover, the clean label trend is closely linked with the broader movement towards sustainability and environmental responsibility. Consumers want products that match their values such as sustainable sourcing practices and environmentally friendly production methods. Vitiva a Natural extract company recently launched a formula containing natural rosemary extract possessing antioxidative properties, which provides preservative effects when used as an alternative to chemical additives like sodium ascorbate and sodium erythorbate.
Regulatory support from government authority to use plant-based natural ingredients
Global regulatory authorities such as the European Food Safety Authority (EFSA) and the USA Food and Drug Administration (FDA), have very strict regulatory guidelines regarding the use of synthetic additives such as preservatives due to adverse health effects. But nowadays regulatory bodies encourage the production and use of natural plant-based preservatives from several raw materials due to increasing demand and positive effects on health.
Recent technological advancement for the extraction and purification of final products led the market growth
The creation of plant-based preservatives from numerous dedicated raw materials necessitates advanced technology for getting active ingredients out without making them ineffective. Manufacturing companies that use these extracts can efficiently get all the important ingredients out and maintain their effectiveness as preservatives.
Lastly, food processing and formulation advances now make it possible to stably incorporate these extracts into the end product without compromising its quality or safety. These moves are transforming the plant-based preservative industry by improving the efficacy, safety, and attractiveness of natural ones so that they align with clean label demands and at large eco-friendly practices.
Perceived side effects of artificial preservatives on human health increase the demand for natural and plant-based preservatives
Increased usage of chemical additives such as colors and flavors in food products brings about a wide range of bad impacts on consumers. However, there is growing scientific research as well as public discussion raising concerns about their possible dangers. Some studies have shown that certain synthetic preservatives induce negative health outcomes like allergic reactions, hyperactivity in children, and even possibly long-term carcinogenicity among others. These natural preservatives not only enhance shelf life by acting as antimicrobials and antioxidants but also provide additional health benefits.
This has resulted in increased regulatory pressure towards the use of natural preservatives. Therefore, several food safety authorities and health organizations are recommending for reduction or complete eradication of synthetic additives from food products manufactured for consumption by human beings. These regulatory trends concur with consumer preferences and support the use of natural preservatives thereby propelling their uptake by food firms based on rising consumer requirements.
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Global plant-based preservative sales increased at a CAGR of 5.6% from 2019 to 2023. For the assessment period of 2024 to 2034, the projections showcase that the sale value will expand at a CAGR of 6.7%.
The steady increase in the sales of target products and products with plant-based preservatives as the ingredients in recent years is attributed to the rising awareness among consumers regarding clean labels, and natural and plant-based ingredients as the additives. With increasing consciousness about health and wellness, and the growing importance of natural ingredients or their extract from several herbs, spices, and fruits with added advantages such as preserving, and flavoring agents expanding the target product market.
With the advancement in the extraction process both at the lab and production of active ingredients or parts from various plants, herbs, spices, or fruits such as rosemary it has become easier to cater to a wider audience across the globe as per the consumer demand. This process includes the solvent extraction, distillation, and sublimation of the final product. Key market leaders continuously focus on the development of advanced processes and the initial raw material as a source to attract more end-use industries.
The global Plant-Based Preservative industry has many big players or MNCs such as Archers Daniels Midland Company, Kemin Industries, Inc., Cargill Incorporated, Prinova Europe, Gat Foods, Kerry Foods, Roquette, etc. and many more that comprise a significant share of the global sale comes under Tier 1 of the plant-based preservative industry structure.
These companies have numerous manufacturing facilities. These distinguish themselves based on supply chains or distribution networks that allow them to supply their products worldwide. They maintain quality checks across the processing line and throughout the supply chain and reduce costs due to advanced manufacturing technology with high efficiency.
Tier 2 players such as Hawkins Watt Limited, Univar, Inc, Copperhead Chemical Company, Vivita Foods, etc often concentrate on certain limitations based on their product type and the end-use applications with the distribution and supply chains network and have formed strategic partnerships with other companies to expand their reach.
Tier 3 companies are small in terms of their production facilities with very little geographical expansion. They may not have advanced technology and wide global reach. They operate with a local presence and serve a niche industry sector. Such players focus on product quality with traditional processing technology and customer satisfaction rather than commercialization.
However, the sale is proceeding towards fragmentation as more and more players are entering into the sector from various parts of the globe. The sector is also heavily influenced by government regulations. Overall, the industry comprises a dynamic and complex nature, with MNCs playing the role of a trendsetter.
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The following table shows the estimated growth rates of the top countries for target products. China and India are set to exhibit the recording CAGRs of % and 6.2%, respectively, through 2034.
| Countries | CAGR 2024 to 2034 |
|---|---|
| United States | 5.3% |
| Germany | 3.4% |
| China | 6.2% |
| India | 7.3% |
| Australia | 9.3% |
The sales for target products in the United States are projected to exhibit a CAGR of 5.3% during the assessment period of 2024 to 2034. By 2034, revenue from the sales of target products in the country is expected to reach USD 569.3 million.
Plant plant-based preservative market is projected to expand in the USA at a significant rate making it one of the biggest markets across the globe. This trend is due to the increasing awareness about the negative health effects of artificial preservatives and more disposable income to spend on premium products. Along with this, the major market leader for this target product is based in the US with widespread distribution channels increasing the availability of the products.
The sales for target products in China are projected to exhibit a CAGR of 6.2% during the assessment period of 2024 to 2034. By 2034, revenue from the sales of preservatives from plant origin in the country is projected to reach USD 353.8 million by the end of 2034.
The changing lifestyle of the Chinese population along with following the Western culture for food product development and commercialization led to the increase in the demand for more natural food ingredients such as plant-based preservatives instead of artificial chemical preservatives.
The sales for target products in India are projected to exhibit a CAGR of 7.3% during the assessment period of 2024 to 2034. By 2034, revenue from the sales of preservatives from plant origin in the country is projected to reach USD 128.7 million by the end of 2034.
The increase in the disposable income of the consumer and demand for healthy natural food products powered with all the natural ingredients from various raw material sources without any side effects led to the increase in the market of target products.
| Segment | Antimicrobial Plant Based Preservatives (By Function) |
|---|---|
| Value Share (2024) | 42.6% |
The plant-based preservatives in the form of antimicrobials from the function segment are anticipated to register a CAGR of 6.1% during the assessment period of 2024 to 2034, to reach a sales valuation of USD 685 million in 2034.
Antimicrobial preservatives are dominating the market due to their application against a wide variety of bacteria, viruses, and fungi to preserve the food for a long duration. These antimicrobials are natural due to their plant-based origin which does not cause any side effects to the consumers.
| Segment | Antimicrobial Plant Based Preservatives (By Function) |
|---|---|
| Value Share (2024) | 72.6% |
The production of plant-based preservatives from the fruits segment is anticipated to register a CAGR of 5.6% during the assessment period of 2024 to 2034, to reach a sales valuation of USD 1,167.6 million in 2034.
The widespread availability of fruits across the globe makes it the perfect raw material to manufacture preservatives. The presence of large amounts of organic acids such as citric, acetic acid, etc which can easily be extracted and purified for the final product. These products have a long shelf life due to its acidic nature.
The key players in the plant-based preservative industry are continuously innovating to introduce new products with more diverse sources via innovative processes from the number of raw materials. Key manufacturing companies are involved in strategies such as merger acquisitions, partnerships, and collaborations among others in the sectors to expand production capacity and cater to a wider audience. They are also educating the consumers and advertising their products through social media and websites to engage the consumers into using their products.
Brands must strategize ways to retain their sales share by prioritizing sustainability, ethical sourcing, and reducing their carbon footprint.
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As per Function, the industry has been categorized as Antimicrobial Plant Based Preservatives, Antioxidants Plant-Based Preservatives, and Plant-Based Food Preservatives for Other Functions.
This segment is further categorized into Herbs and Spices, and Fruit Juices.
This segment is further categorized into Sea Food, Meat & Poultry, Bakery Products, Dairy Products, Snacks, Beverages, Fruits & Vegetables, Other Applications
Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
The global Plant-based preservative sales are estimated at a value of USD 840.3 million in 2024.
Sales of Plant-based preservatives increased at 5.6% CAGR between 2019 and 2023.
Hawkins Watt Limited, Du Pant Nutrition & Health Univar, Inc Archers Daniels Midland Company, Kemin Industries, Inc, Cargill Incorporated, Ajinomoto Omnichem, Prinova Europe, Gat Foods, Kerry Foods, Roquette, Copperhead Chemical Company, Givaudan, Vivita foods, Kalsec Foods are some of the leading players in this sector.
The North American sales are projected to hold a revenue share of 35.4% over the forecast period.
The sales are projected to grow at a forecast CAGR of 6.7% from 2024 to 2034.
1. Executive Summary
2. Industry Introduction, Including Taxonomy and Market Definition
3. Market Trends and Success Factors, Including Macro-Economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Function
6.2. Source
6.3. Application
6.4. Region
7. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Function
7.1. Antimicrobial Plant-Based Preservatives
7.2. Antioxidants Plant-Based Preservatives
7.3. Plant-Based Food Preservatives for Other Functions
8. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Source
8.1. Herbs and Spices
8.2. Fruit Juices
9. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
9.1. Sea Food
9.2. Meat & Poultry
9.3. Bakery Products
9.4. Dairy Products
9.5. Snacks
9.6. Beverages
9.7. Fruits & Vegetables
9.8. Other Applications
10. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
10.1. North America
10.2. Latin America
10.3. Western Europe
10.4. Eastern Europe
10.5. East Asia
10.6. South Asia and Pacific
10.7. Middle East and Africa
11. North America Distribution Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
12. Latin America Distribution Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Western Europe Distribution Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. Eastern Europe Distribution Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. East Asia Distribution Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. South Asia & Pacific Distribution Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. Middle East and Africa Distribution Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Distribution Forecast 2024 to 2034 by Category A, Category B, and Category C for 30 Countries
19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
20. Company Profile
20.1. Hawkins Watt Limited
20.2. Univar, Inc
20.3. Archers Daniels Midland Company
20.4. Kemin Industries, Inc
20.5. Cargill Incorporated
20.6. Ajinomoto Omnichem
20.7. Prinova Europe
20.8. Gat Foods
20.9. Kerry Foods
20.10. Roquette
20.11. Copperhead Chemical company
20.12. Givaudan
20.13. Vivita foods
20.14. Kalsec Foods
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Plant-Based Preservatives Market
